List Search

711 NE Halsey St
Portland, OR 97232 Lloyd District

Price Upon Request

Daycare Center For Sale  •  10,200 SF

Property Details

  • Property Type Daycare Center
  • Total Building Size 10,200 SF
  • Lot Size 0.22 AC
  • Building Class C
  • Year Built 1993
  • Tenancy Single
  • Zoning CX
80 Transit Score
100 Walk Score

Highlights

19+ years remaining on absolute net lease with 2% annual rental increases
Lease guaranteed by Higher Ground Education (HGE), a corporate school operator with significant financial backing and an executive team with 20+ year
$1B redevelopment of Lloyd Center approved (located one block away from the subject property), may include a potential baseball stadium
Extremely high barriers to entry due to zoning and impact fees making this a difficult scenario to replicate having a freestanding school this close
Subject property benefits from numerous surrounding office parks and retail corridors which make it an ideal location for parents working in the area
Portland is the largest city in Oregon and the 2nd largest in the Pacific Northwest boasting excellent residential demographics – 428,897 residents

Amenities

  • Corner Lot
  • Fenced Lot
  • Security System
  • Storage Space
  • Air Conditioning
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
5 min - 1.4 mi
16 min - 8.5 mi
AirportDriveWalkDistance
Portland International 21 min - 7.7 mi