920 NE Wood Village Blvd - Retail FOR SALE


Wood Village, OR 97060
$2,906,260 USD
858-900-3114
920 NE Wood Village Blvd, Wood Village, OR for Sale
$2,906,260 USD
Retail - FOR SALE
1/8
null | 5% Cap Rate

920 NE Wood Village Blvd
Wood Village, OR 97060


HIGHLIGHTS

  • Net Lease Provides a Passive Investment and Income
  • Brand New Construction with Corporate Tenant
  • ±14 years Remaining on the Lease with Fixed Rent Increases Every 5 years
  • E-Commerce and Recession-Resistant Tenant
  • Strategic Location Outparcel to the Wood Village Town Center (±139,831 SF institutional quality retail)
  • Prominent Visibility, Excellent Ingress/Egress, and Strong Traffic Volumes

OVERVIEW

The property at 920 NE Wood Village Blvd, Wood Village, OR 97060, is a newly constructed Chipotle Mexican Grill, completed in 2023. The building offers ±2,325 SF of modern space situated on a ±1.41 AC parcel with ±38 parking spaces (16.34 per 1,000 SF). This prime location benefits from strong traffic counts along NE Glisan St, NE Wood Village Blvd, and NE 223rd Ave, providing excellent visibility and accessibility. The property is held in fee simple ownership, including both the land and building.

FOR SALE DETAILS

PRICE

$2,906,260 USD

PRICE/SF

$1,250 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

38

LAND DETAILS

LAND ACRES

1.41 AC

LAND SF

61,420 SF

ZONING

-

APN/PARCEL ID

R489398

ASK ABOUT THIS PROPERTY

Arbi GoceCIRE PartnersMore Info
858-900-3114

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Arbi GoceCIRE PartnersMore Info
858-900-3114

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