7201 N Interstate Ave - Medical FOR SALE


Portland, OR 97217
$10,000,000 USD
503-200-9216
7201 N Interstate Ave, Portland, OR for Sale
$10,000,000 USD
Medical - FOR SALE
1/16
null | Request Cap Rate

7201 N Interstate Ave
Portland, OR 97217


HIGHLIGHTS

  • IDEAL OWNER-USER INVESTMENT

OVERVIEW

IDEAL OWNER-USER INVESTMENT * High-Image Office Building with Excess Land | For an owner-user, this offering is an ideal corporate headquarters investment that provides an attractive lease-saving trade-off. The purchase provides this owner-user investor protection against future rental market uncertainty and rate hikes, as well as after-tax equity accumulation. BUSINESS-FRIENDLY ATTRIBUTES * Attractive Low-Rise Fundamentals | The building’s low-rise features and surface parking are less expensive to maintain than high-rises. It further provides an advantage for an occupying business to easily accommodate evolving business demands, quickly and efficiently welcome employees and customers back into the business, and cost-effectively execute health and wellness initiatives. "SILICON FOREST" REPUTATION * Major tech companies like Intel, HP, Siemens and others have been attracted to the region for data & operation centers. The relatively cool climate, access to renewable energy, and favorable business environment make it an attractive location. The talent pool is not only growing but diversifying with a steady influx of young talent. 53% of Portlanders have at least a bachelor's degree, far above the national average of 33%. CONVENIENT ACCESS WITH A 5-MILE POPULATION OF ±312,609 * Convenient access to I-5 | Close proximity to Portland International Airport | MAX light rail stop just steps away from the Property.

FOR SALE DETAILS

PRICE

$10,000,000 USD

PRICE/SF

$207 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1976

SPRINKLERS

-

PARKING SPACES

80

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

-

APN/PARCEL ID

R313397

ASK ABOUT THIS PROPERTY

Graham TaylorCBRE, Inc.More Info
503-200-9216

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Graham TaylorCBRE, Inc.More Info
503-200-9216

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