Freestanding For Sale • 6,300 SF
| Stable In-Place Cash Flow: Five years of remaining term on a NNN lease provides immediate, passive cash flow |
| Established Operator with Strong Reported Sales: Long-standing Portland hospitality operator with strong reported sales |
| Strategic Inner Portland Location Adjacent to Soho House: Property benefits from strong visibility and urban density |
| Rare Freestanding Urban Asset in Supply-Constrained Corridor: Rare opportunity to acquire a freestanding retail and entertainment property |
| Significant Capital Improvements Completed: Major renovation in 2016 including updated electrical systems, HVAC, sprinklers, & water lines |
| Cap Rate: | 7.76 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Jackie's | 5/31/2031 |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| 6 min | - | 1.6 mi | |
| Beaverton Transit Center (West Side Express) (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) | 19 min | - | 9.1 mi |
| Airport | Drive | Walk | Distance |
| Portland International | 20 min | - | 11.2 mi |