8220 NE Davis St
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8220 NE Davis St
0.1 Acres of Commercial Land Offered at $1,273,800 CAD in Portland, OR 97220
Executive Summary
A recently opened and growing food cart pod in NE Portland, providing space and amenities to a dozen food carts at an attractive high-traffic location. Food carts represent a range of cuisine, including deserts, snacks, and a drinks cart. There are no competing food carts at the pod, attracting high-value tenants. All tenants are on at least a one-year lease, with most leases being multi-year. Pod has been growing organically, with multiple cart operators opening additional carts at the same pod due to their continued success. Average rent is below the market, presenting an additional income opportunity. Pod operates on land leased with options to extend through 2036.
Property Facts
| Price | $1,273,800 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | Ground Lease (Leasehold) | Proposed Use | Retail |
| No. Lots | 1 | Total Lot Size | 0.10 AC |
| Price | $1,273,800 CAD |
| Sale Type | Investment |
| Sale Conditions | Ground Lease (Leasehold) |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 0.10 AC |
1 Lot Available
Lot
| Price | $1,273,800 CAD | Lot Size | 0.10 AC |
| Price Per AC | $12,737,998 CAD |
| Price | $1,273,800 CAD |
| Price Per AC | $12,737,998 CAD |
| Lot Size | 0.10 AC |
This is the sale of a ground lease (Leasehold) not the trucks on the property. See attached brochure for more details about the financials.
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Walk Score ®
Very Walkable (89)
Bike Score ®
Very Bikeable (88)
PROPERTY TAXES
| Parcel Number | R284754 | Improvements Assessment | $0 CAD |
| Land Assessment | $153,221 CAD | Total Assessment | $153,221 CAD |
PROPERTY TAXES
Parcel Number
R284754
Land Assessment
$153,221 CAD
Improvements Assessment
$0 CAD
Total Assessment
$153,221 CAD
zoning
| Zoning Code | CG |
| CG |
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8220 NE Davis St
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