6335 SE Harmony Rd 2,400 SF 100% Leased Retail Building Milwaukie, OR 97222 $2,764,013 CAD ($1,151.67 CAD/SF) 5.46% Cap Rate
INVESTMENT HIGHLIGHTS
- Possible Seller Financing with acceptable terms
EXECUTIVE SUMMARY
Discover the vibrant potential of the Portland, OR MSA with the location's easy access
to a diverse array of amenities and attractions. Situated in the thriving Milwaukie area,
the property is in close proximity to popular points of interest including the Clackamas
Town Center, Clackamas Community College, and multiple restaurants,, shopping &
entertainment venues close by. This location offers an appealing environment for retail
sales and an abundance of opportunities for employees within walking distance. .
Owner will carry contract with acceptable terms.
to a diverse array of amenities and attractions. Situated in the thriving Milwaukie area,
the property is in close proximity to popular points of interest including the Clackamas
Town Center, Clackamas Community College, and multiple restaurants,, shopping &
entertainment venues close by. This location offers an appealing environment for retail
sales and an abundance of opportunities for employees within walking distance. .
Owner will carry contract with acceptable terms.
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$149,631
|
$62.35
|
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Sale Leaseback
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,400 SF
Building Class
C
Year Built/Renovated
1988/2021
Price
$2,764,013 CAD
Price Per SF
$1,151.67 CAD
Cap Rate
5.46%
NOI
$151,016 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.34
Lot Size
0.16 AC
Zoning
CL, Milwaukie - CL zone currently. Property is set to re-zone to Mixed use within the next few months.
Parking
7 Spaces (2.9 Spaces per 1,000 SF Leased)
Frontage
60’ on SE Harmoney Rd
AMENITIES
- Bus Line
- Signage
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 00107663 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $514,483 CAD |
