17131 Boones Ferry Rd, Lake Oswego, OR 97035
6,000 SF | Retail Building | Lake Oswego, OR 97035 | $3,150,000 ($525/SF) | 6.50% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,150,000
- Property Type
-
Retail
- Square Feet
- 6,000 SF
- Price / Square Foot
- $525
Listing Contacts
Michael Simmons
Verified Profile
- Property Info
Property Overview
Norris & Stevens, Inc. is pleased to present this investment opportunity located at 17131 SW Boones Ferry Rd in Lake Oswego, Oregon.
Lake Oswego enjoys the Highest Household Income demographics in the State of Oregon.
This property is located at the intersection of SW Boones Ferry Road and Pilkington Road, next-door to Les Schwab Tire Store.
This ± 6,000 SF building sits on a ± 24,524 SF building lot. The city zoning is COM which allows for medical uses.
The current Tenant's lease ends July 31, 2024. Current opportunity is based on $34 PSF, NNN lease, and is being offered at a 6.5% cap rate.
This location has been used as a Veterinary Clinic since the late 1970's, but would allow for several other uses. This is a very high traffic area for Lake Oswego and is a rare opportunity!
Lake Oswego enjoys the Highest Household Income demographics in the State of Oregon.
This property is located at the intersection of SW Boones Ferry Road and Pilkington Road, next-door to Les Schwab Tire Store.
This ± 6,000 SF building sits on a ± 24,524 SF building lot. The city zoning is COM which allows for medical uses.
The current Tenant's lease ends July 31, 2024. Current opportunity is based on $34 PSF, NNN lease, and is being offered at a 6.5% cap rate.
This location has been used as a Veterinary Clinic since the late 1970's, but would allow for several other uses. This is a very high traffic area for Lake Oswego and is a rare opportunity!
Property Details
- Class
- C
- Year Built
- 1995
- Stories
- 1
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