7070 NE Sandy Blvd - Drug Store FOR SALE
Portland, OR 97213 |
7070 NE Sandy Blvd
Portland, OR 97213
HIGHLIGHTS
- STABLE INCOME - Income guaranteed by Walgreens, investment grade credit rating of BBB- (S&P), Fortune 500 company with ±9,200 locations.
- ABSOLUTE NET LEASE – Absolute net lease with ±14 yrs. remaining before 11 5-year options to follow and no landlord responsibilities.
- 5 MILES FROM DOWNTOWN PORTLAND - Located just 5 miles NE from downtown Portland on one of the main thoroughfares leading into the city center.
- INFILL DEMOS & TRAFFIC COUNTS – Avg. HH income is a $82,825 (1-mi), $91,049 (3-mi), $83,274 (5-mi), 426,271 pop. in 5-mile radius, traffic count of ±
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
Walgreens Portland OR 14.5 Years NNN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
ADD'L SUBTYPES
Convenience Store, Freestanding, Storefront
TOTAL BUILDING SIZE
14000
STORIES
1
YEAR BUILT
2015
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
R142496
