Contacts

Rich Karlson

Tradition Real Estate Partners

Property Details

Property Type Industrial - Warehouse/Distribution
Property Size 18,141 SF
Lot Size 0.92 Acre
Additional Rent Contact for pricing
Date Updated Nov 16, 2024
HVAC None

Situated in the thriving Portland market, the area surrounding the property is known for its robust industrial, warehouse, and distribution landscape. Portland offers access to exceptional transportation infrastructure, including major highways and a well-connected rail network, facilitating seamless distribution and logistics operations. With a strong and diverse labor pool, the area provides ample employment opportunities to support industrial endeavors. Nearby points of interest include major transportation hubs, distribution centers, and industrial parks, showcasing the strategic importance of this location for businesses looking to expand or establish a presence in the Portland market.NEW TO MARKET! Stabilized Income in Place. Newly completed Industrial building ideally programmed for the Owner User. Seller is tenant and is willing to lease back or vacate for an owner user Buyer. 18,141SF Total - 10,837 Sf Office & 7,304 sf Warehouse on .92 acres. 40 parking spaces, steel construction with a premium standing seam roof and a custom siding profile. 35' 11" maximum height, fully sprinklered, 4 rollup large doors, with loading zone @ rear of building, 100kW of solar panels (should cover all electrical utility bills), 3 Phase 600A service 480/277 and LED throughout.

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Highlights

- $385/SF - $7,000,000
- 5.0% Cap Rate
- $350,000 NOI - Stabilized
- Tenants and Income in Place
- 18,141 SF: 10,837 SF Office & 7,304 SF Warehouse
- .92-acre property
- 40 parking spaces
- All steel construction
- Premium standing seam roof
- Custom siding profile
- Maximum height: 35' 11"
- Fully sprinklered
- 4 roll-up large doors
- Loading zone at rear
- 100kW solar panels
- 3 Phase 600A service

Getting around

46/100
Walk Score ®
58/100
Bike Score ®

Powered by Walk Score ®

City Sherwood, OR
Neighborhood Tualatin North
Zip Code 97140
Market Portland

Points of Interest

Willamette Shore Trolley Lake Oswego Station

8.96 miles

Electrify America

0.32 miles
76

0.39 miles
Blink

0.55 miles
Shell

0.63 miles
Chevron

0.72 miles
Sherwood Center for the Arts

1.04 miles
Arco

3.22 miles
Jubitz CFN

3.52 miles
Texaco

3.66 miles
Volta

3.87 miles

INACTIVE 76 Car Wash

0.38 miles
Kaady Car Wash

2.75 miles
Stafford Hills Car Wash

4.01 miles
Hertz

4.19 miles
Shiny Impressions Auto Detail

4.93 miles
Kiss

5.13 miles
Kiss Car Wash

5.25 miles
Enterprise

5.60 miles
Amazing Auto Detail

6.05 miles
Skyline

6.44 miles

Panera Bread

0.17 miles
The Old Spaghetti Factory

0.19 miles
Red Robin

0.23 miles
Chipotle

0.27 miles
Killer Burger

0.29 miles
Subway

0.29 miles
Taco Time

0.29 miles
Panda Express

0.31 miles
Jersey Mike's Subs

0.31 miles
MOD Pizza

0.32 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.