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$17,655,000
3031 Se Powell Blvd, Portland, OR 97202
0 Beds
0 Baths
n/a SqFt

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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
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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. ORREG

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