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Terra Casa 19995 SE Highway 212
7,200 SF of Retail Space Available in Damascus, OR 97089
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,200 SF | Negotiable | $35.44 CAD/SF/YR $2.95 CAD/SF/MO $381.44 CAD/m²/YR $31.79 CAD/m²/MO $21,262 CAD/MO $255,145 CAD/YR | Triple Net (NNN) |
1st Floor
- The building is approximately 7,200 RSF - The property is 0.64 acres or 27,880 SF in total - Fenced and secure side yard/parking area - Zoning is Rural Commercial (RC) and in the City of Happy Valley allowing for a variety of commercial uses. Owner is willing to de-annex to unincorporated Clackamas County if it benefits a new tenant. - The building will be available for a new tenant to occupy on December 1st, 2024. Early tenant improvements may begin in November - Owner will be grinding the floor and other minor improvements after the current business vacates - Highly desirable submarket and intersection in one of the fastest-growing cities in Oregon (Happy Valley) - Average daily traffic count at the intersection of approx. 35,000 vehicles - There are approximately 24 surface parking stalls, with the ability to add more if the side parking yard is reconfigured (3.3+/1000) - Power is 240V 200A - The 'pull through' area behind the neighboring attorney's office is leased to provide storage and maneuverability for the current business, Terra Casa. The neighboring property owner is willing to lease to a new tenant in the 19995 SE Hwy. 212 building. Inquire for approx. monthly lease rate. For any additional questions, please email 19995hwy212@gmail.com or call (971) 235-8667
- Lease rate does not include utilities, property expenses or building services
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 19995 SE Highway 212 , Damascus, OR 97089
| Property Type | Retail | Year Built | 1980 |
| Property Subtype | Freestanding | Parking Ratio | 3.33/1,000 SF |
| Gross Leasable Area | 7,200 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 7,200 SF |
| Year Built | 1980 |
| Parking Ratio | 3.33/1,000 SF |
About the Property
- The building is approximately 7,200 RSF - The property is 0.64 acres or 27,880 SF in total - Fenced and secure side yard/parking area - Zoning is Rural Commercial (RC) and in the City of Happy Valley - Average daily traffic count at the intersection of approx. 35,000 vehicles - There are approximately 24 surface parking stalls, with the ability to add more if the side parking yard is reconfigured (3.3+/1000) - Power is 240V 200A
Nearby Major Retailers
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Terra Casa | 19995 SE Highway 212
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