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20838275
20838276

9500 NE Cascades Pkwy, Portland, OR 97220 For Sale

Capacity Commercial Group
Listed by Capacity Commercial Group
$7,875,000
600 days on market
Updated 39 days ago
Opportunity zone

Cascade Station II

Details
Property Type Office
Sub Type Traditional Office
Square Footage 35,000
Tenancy Vacant
Lease Type NNN
Class A
Year Built 2008
Buildings 1
Stories 2

Cascade Station II - Office - 35,000 SF

Marketing description

CASCADE STATION is a business address in one of Portland’s most desirable submarkets, Airport Way. This beautiful Class A, building is part of a larger centrally located development including office and flex space, world-class hotels, destination retail and dining, all just minutes to the newly remodeled PDX International Airport and I-205.

This is the first time Cascade Station II has been available for sale as a vacant owner/user purchase opportunity. The less than 15 year old building has been very lightly used with all mechanical systems in good working order and long useful lives ahead of them. Cascade Station II could be your next business Headquarters at a fraction of the new construction price.

• 35,000 rsf between two floors

• 3.24 acres land area

• On a prepaid ground lease through 6/30/2084, with an extension option of 13 years

• Built in 2008, Cascade Station II is the highest quality office project in the Airport Way Submarket.

• Parking in excess of 5:1,000

• Offered at a price significantly less than replacement value

• Elevator served

• Zoning: General Employment (EG2)

• Excellent building brow and monument signage

Listing Contacts

Capacity Commercial Group
Listed by Capacity Commercial Group

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