Killingsworth retail Portfolio Retail FOR SALE


Portland, OR - Cully
$2,100,000 USD
971-200-9977
, Portland, OR for Sale
$2,100,000 USD
Retail - FOR SALE
1/15
null | 5.15% Cap Rate

Killingsworth retail Portfolio
Portland, OR
Cully


HIGHLIGHTS

  • great foot traffic from new 84 unit housing development
  • long term tenants
  • market rent opportunity

OVERVIEW

In the heart of the Cully Neighborhood, this rare commercial offering is more than an investment. It is an opportunity to carry forward a property that has long been woven into the fabric of the community. Featuring two separate buildings on individual tax lots, this income producing asset has been cared for with pride of ownership from both the owner and the long standing tenants who have helped make it a trusted neighborhood staple for years. Long term tenants provide stability, while the newly completed 84 unit PCC housing development next door brings added visibility, and foot traffic to the area. For investors, this is a compelling opportunity to acquire a stable asset with dependable long term tenancy, and immediate income, and future upside through rent growth. Positioned in one of Portland’s steadily growing neighborhoods, this property offers the kind of secure foundation and appreciation potential that is increasingly difficult to find.

ASK ABOUT THIS PROPERTY

David BrownleeModern RealtyMore Info
971-200-9977

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David BrownleeModern RealtyMore Info
971-200-9977

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.