1355 NW Everett St - Office FOR SALE


Portland, OR 97209- Pearl
$10,400,000 USD
503-412-8022
1355 NW Everett St, Portland, OR for Sale
$10,400,000 USD
Office - FOR SALE
1/16
null | Request Cap Rate

1355 NW Everett St
Portland, OR 97209
Pearl


HIGHLIGHTS

  • Highly sought after location in Portland's most desirable core submarket
  • Exclusive subterranean, secured parking garage
  • Direct connectivity to public transit and major freeway arterials
  • 100% Leased to Local Companies
  • Coveted NW 13th Retail Corridor Location

OVERVIEW

Newmark (NMRK), as an exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in the 300 Building (the “property”) – a jewel box office building with dock high retail located along the Pearl District's highly coveted NW 13th retail corridor. Located in Portland’s most sought-after submarket, the Pearl District is celebrated for its dynamic urban revitalization and vibrant cultural scene, featuring theaters, art galleries, boutiques, restaurants, art festivals, breweries and residential space that attracts both commercial tenants and local residents. Positioned along the Pearl District’s most desirable retail corridor, the 300 Building offers a unique blend of contemporary amenities and a thriving, walkable streetscape with exceptional connectivity to the greater Portland metro. For an owner/user, the 300 Building offers the rare opportunity to acquire a jewel box property in Portland’s most influential submarket, offering immediate occupancy with flexibility, off-set ownership costs through ongoing contractual income, and built-in expansion potential. For investors, 300 Building offers the rare opportunity to acquire a jewel box property in Portland’s most influential submarket – the Pearl District – with in-place cash flow with the ability to create value. For more information, please visit the property website hosted on Revere CRE or contact one of our team members.

FOR SALE DETAILS

PRICE

$10,400,000 USD

PRICE/SF

$283 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

300 Building

PROPERTY TYPE

Office

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

34

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

20,038 SF

ZONING

EXD

APN/PARCEL ID

R140684

ASK ABOUT THIS PROPERTY

James ChildressNewmarkMore Info
503-412-8022

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James ChildressNewmarkMore Info
503-412-8022

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