Unique Opportunity to acquire a single tenant net leased investment.The property is leased to Target Corporation on a 10-yr initial term w/ +/-6.5 yrs remaining. This location is Portland's 1st ?small format? Target, which refers to the store?s size of +/- 32,000 SF. This flexible designs lets Target bring the best of the Bullseye into urban neighborhoods where a full-size Target wouldn?t fit, but still provide excellent shopping experiences for locals. Approx. +/-58,000 VPD.
- Price:
- $17,655,000
- Acreage:
- 1.17
- Year Built:
- 1959
- Listing ID #:
- 22009211
- Street Address:
- 3031 Se Powell Blvd
- City:
- Portland
- State:
- Oregon
- Postal Code:
- 97202
- County:
- Multnomah
- Community:
- Portland Southeast
- Listing Status:
- Pending
- Listing Type:
- Income
- Building Condition:
- Updated/Remodeled
- Total # Of Buildings:
- 1
- Year Built:
- 1959
- Adjusted Gross Income:
- 706200
- Net Operating Income:
- 706200
- Conforms To Zoning:
- Cc
- Existing Land Use:
- Retail
- Lot Size:
- 1 To 2.99 Acres
- Road Surface:
- Paved
- Days On Market:
- 69
- Included In Sale:
- Building, Land
- Legal Description:
- Waverleigh Hts, Block 15&16 Tl 300
- List Date:
- 2022-04-18
- Originating Mls:
- Regional Multiple Listing Service, Inc.
- Terms:
- Cash, Conventional
- Property Taxes:
- $91,208
- Tax Year:
- 2020
- Garage Capacity:
- 89
- Parking Description:
- Covered, On Site
- Cooling Description:
- Central Air
- Heating Description:
- Forced Air
- Heating Fuel:
- Electricity
- Sewage Type:
- Public Sewer
- Water Amenities:
- Public Water
|
$
|
|
|
$
|
|
|
%
|
|
|
$
|
|
|
$
|
|
|
$
|
|
The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Maj Commercial Real Estate
-
All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated 6/26/2022 3:16 PM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Similar Properties
$16,000,000
Virtual Tour
19131 Se Foster Rd, Damascus, OR 97089
-- SqFt
-- Beds | -- Baths
Listing Provided By Exp Realty ACTIVE
