7201 Interstate Ave, Portland, OR 97217
48,420 SF | Office Building | Portland, OR 97217 | $10,000,000 ($207/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $10,000,000
- Property Type
-
Office
- Square Feet
- 48,420 SF
- Price / Square Foot
- $207
Listing Contacts
Graham Taylor
Verified Profile
Anthony DeLorenzo
Verified Profile
Bryan Johnson
Verified Profile
Nick Williams
Verified Profile
- Property Info
Property 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.
* 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.
Property Details
- Class
- C
- Year Built
- 1976
- Stories
- 2
- Lot Size (sq. ft)
- 42,253 SF
Highlights
- IDEAL OWNER-USER INVESTMENT
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