SINGLE-TENANT NET LEASE INDUSTRIAL OPPORTUNITY IN SOUGHT-AFTER LOCATION * Next to Foothills Park and Willamette River | Walking distance to Downtown Lake Oswego shops and restaurant | Nearly 1-acre lot, with outdoor storage allowed. * Industrial vacancy of .3% in City of Lake Oswego | Below Market price per square foot on building | Self-storage permitted use. * Owner-User Opportunity | Up to ±18,300 SF is available for an owner-user. This investment can provide an attractive lease-saving trade-off. As opposed to leasing space, a purchase offers protection against future rental market uncertainty and rate hikes. It further offers occupancy control, certain tax benefits and after-tax equity accumulation. * Potential Re-Development | The current “Industrial” zoning provides a number of permitted uses, which opens the pathway towards future redevelopment opportunities. LAKESIDE LOCATION WITH SUPERIOR AMENITIES AND DEMOGRAPHICS * The property sits just northeast of Lake Oswego, beside Foothills Park along the Willamette River, providing a beautiful and vibrant setting for which the community is known. Conveniently located within walking distance to Downtown Lake Oswego, there are numerous shops, restaurants, marketplaces and parks. * Located just one block from Oregon Route-43, the property has easy access to the cities of Oregon City and Portland as well as connectivity to the I-5 and I-205 Freeways. * Lake Oswego is primarily residential with excellent demographics and this property is among the rare commercial development sites within the community providing light industrial use, self-storage and outside storage on nearly 1 full acre. * Greater Portland’s appeal, relative to other West Coast markets, is its lower costs of living and doing business. This is reflected in its industrial vacancy which, at 5.4% in 3Q24, is among the tightest on the West Coast.