22640 SE Stark St
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22640 SE Stark St
5,150 SF Retail Building Gresham, OR 97030 $3,148,750 CAD ($611 CAD/SF) 7% Cap Rate
Investment Highlights
- NNN Lease with High Quality Credit Tenant
- Expansion Opportunity with Two Tax Lots
- Prime Community Location with High Visibility
Executive Summary
This exceptional office medical building, located on a highly thoroughfare with excellent visibility, is now available for sale. The property features a NNN lease and multiple extension options with a high-quality credit tenant, ensuring a stable and reliable income stream for the new owner. This property is an ideal investment opportunity for those looking to acquire a stable, income-generating asset in a prime location.
Key Features:
High-Quality Credit Tenant: Secure and dependable tenant with a strong credit rating.
NNN Lease: Tenant responsible for property taxes, insurance, and maintenance, providing a hassle-free investment.
Prime Location: Situated on a busy street with great visibility, attracting a high volume of traffic.
Modern Facilities: Well-maintained building with state-of-the-art medical office amenities.
Ample Parking: Convenient parking spaces for patients and staff with overflow parking available on adjacent lot.
Key Features:
High-Quality Credit Tenant: Secure and dependable tenant with a strong credit rating.
NNN Lease: Tenant responsible for property taxes, insurance, and maintenance, providing a hassle-free investment.
Prime Location: Situated on a busy street with great visibility, attracting a high volume of traffic.
Modern Facilities: Well-maintained building with state-of-the-art medical office amenities.
Ample Parking: Convenient parking spaces for patients and staff with overflow parking available on adjacent lot.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,150 SF
Building Class
B
Year Built
1990
Price
$3,148,750 CAD
Price Per SF
$611 CAD
Cap Rate
7%
NOI
$220,412 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.12
Lot Size
1.00 AC
Zoning
CC - Accommodates a wide range of community-scale commercial uses, including retail, services, offices, and housing as a secondary use.
Parking
15 Spaces (2.91 Spaces per 1,000 SF Leased)
Frontage
83 ft on Stark St
Amenities
- Signage
MAJOR TENANTS
- Tenant
- Industry
- SF OCCUPIED
- RENT/SF
- Lease Type
- Lease End
- Mt Hood Vision
- Health Care and Social Assistance
- 5,150 SF
- -
- Net
- -
| Tenant | Industry | SF OCCUPIED | RENT/SF | Lease Type | Lease End | |
| Mt Hood Vision | Health Care and Social Assistance | 5,150 SF | - | Net | - |
Nearby Major Retailers
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22640 SE Stark St
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