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700 NE 102nd Ave
Portland, OR 97220 Gateway

$3,000,000 USD

Office For Sale  •  24,426 SF

Property Details

  • Property Type Office
  • Total Building Size 24,426 SF
  • Lot Size 1.59 AC
  • Year Built 1971
  • Tenancy Multiple
  • Zoning CX
70 Transit Score
80 Walk Score

Highlights

Well established multi-tenant retail center leased to four tenants, three of which have been in-place for nine years or more.
Tenants range in size from 4,500 SF to 7,500 SF.
Property includes 2,500 SF of grade level warehouse occupied rent-free by a general contractor acting in the capacity of caretaker.
Under market gross leases provide the opportunity to add value over time by converting to net leases and increasing income.
Easily accessible location in Portland's Gateway Neighborhood, blocks from the intersection of I-205, I-84, and the TriMet Light Rail Transit Station.
Excellent drive-by exposure with 415' of frontage on NE 102nd Avenue and a traffic count of 10,316 cars per day average.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak) 14 min - 7.7 mi
Transit/SubwayDriveWalkDistance
E 102Nd (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 1 min 6 min 0.3 mi
Gateway/Ne 99Th Transit Center (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Green Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 2 min 9 min 0.5 mi
Gateway North Max Station (MAX Red Line - TriMet) 2 min 11 min 0.6 mi
AirportDriveWalkDistance
Portland International 12 min - 6.5 mi
Rod Brokenshire 503-227-2500 Macadam Forbes
Rod Brokenshire 503-227-2500 Macadam Forbes