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930 SE Sandy Blvd
Portland, OR 97214 Buckman

$3,400,000 USD

Freestanding For Sale  •  6,300 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 6,300 SF
  • Lot Size 0.14 AC
  • Building Class C
  • Year Built 1959
  • Cap Rate 7.76 %
  • Tenancy Single
  • Zoning EX
70 Transit Score
100 Walk Score

Highlights

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

Property Flyers

Cap Rate: 7.76 %

Major Tenants

Tenant SF Occupied Lease End Date
Jackie's 5/31/2031

Amenities

  • Bus Line
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
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
AirportDriveWalkDistance
Portland International 20 min - 11.2 mi
Olivia Franssen 541-337-7019 Fulcrum Pacific
Olivia Franssen 541-337-7019 Fulcrum Pacific