30470 SW Parkway Ave - Office FOR SALE


Wilsonville, OR 97070
$2,200,000 USD
503-200-2036
30470 SW Parkway Ave, Wilsonville, OR for Sale
$2,200,000 USD
Office - FOR SALE
1/93
null | 10.86% Cap Rate

30470 SW Parkway Ave
Wilsonville, OR 97070


HIGHLIGHTS

  • Unique 11,376-Square-Foot Asset with Breathtaking Nature Views
  • Includes a 2,011-Square-Foot Interior Annex and Four 2,300-Square-Foot Suites
  • Modern Amenities Include Large Conference Rooms, Private Courtyard and Built-In Sauna
  • Adjacent to Local Hub of Retail, Hospitality, and Business Development
  • Wilsonville Attracts Both Manufacturers and Talent with Low Taxes and Quick Access to Portland

OVERVIEW

Marcus & Millichap is pleased to present 30470 SW Parkway Ave., an office building located in Wilsonville, Oregon. The 11,376-square-foot asset represents an appealing investment opportunity with strong potential for long-term growth thanks to its strategic location and a growing local workforce. The tree-lined property features ample parking, a 2,011-square-foot interior annex and four 2,300-square-foot suites. Additional amenities include spacious conference rooms, built-in saunas, private courtyards and ADA compliant restrooms. Proximity to Interstate 5 makes the property highly accessible to both residents and visitors from nearby Portland. The building is also just south of the intersection of Interstate 5 and Wilsonville Road, Wilsonville's center of commerce, retail and hospitality. This exceptional owner-user investment opportunity is located at the southern end of Wilsonville, the second fastest growing city in Oregon, second only to Bend. Wilsonville is a popular destination for residents pursuing a blend of modern amenities paired with Oregon’s natural beauty, as evidenced by one-third of Portland metro’s workforce being comprised of Millennials. The local economy is driven primarily by high-tech manufacturing thanks to the presence of major employers like Siemens, Collins Aerospace, Teledyne and Xerox. Notably, the Oregon Institute of Technology (OIT) Portland-Metro campus is located just two miles from the property. The 2.2-acre satellite campus supports a valuable talent pipeline as most students pursue degrees in software engineering, mechanical engineering and cyber security. Major distributors like Sysco and Swire Coca-Cola value Wilsonville for its business-friendly tax structure and locale just off I5 providing access to all of the West Coast's major economic hubs.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$193 USD /SF

CAP RATE

10.86%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.76 AC

LAND SF

33,106 SF

ZONING

PDC, Wilsonville

APN/PARCEL ID

00819083

ASK ABOUT THIS PROPERTY

Zachary DannerMarcus & MillichapMore Info
503-200-2036

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Zachary DannerMarcus & MillichapMore Info
503-200-2036

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