2187 NW Reed Street
Flex Industrial | 18,751 SqFt
Marketing description
Exceptional Flex Industrial & Office Opportunity in Northwest Portland
CBRE presents a prime investment opportunity: a well-maintained, conditioned flex warehouse and office space located at 2187 NW Reed St, Portland, OR. This property, renovated in 2016, features approximately 18,751 SF of warehouse space with ~4,500 SF of modern office space.
Key Features:
Strategic Location: Nestled in the highly coveted Northwest Portland district, offering swift access to all major freeways, Portland's Central Business District, and major transportation arteries.
Operational Efficiency: Includes ample on-site parking, one dock-high door, and two convenient grade-level drive-in doors.
High-Quality Construction: Built with concrete construction, ensuring durability and longevity.
Flexible Zoning: Zoned IG1k (General Industrial 1 – Prime Industrial), suitable for a variety of uses.
Abundant Amenities: Located near vibrant retail, dining, and a variety of other amenities, providing convenience for tenants and employees.
This property presents a compelling opportunity for owner/user groups or investors seeking a strategically positioned industrial asset in a thriving market.
Investment highlights
Investment Highlights
Option to Lease: 4,500 SF of Office space is available to lease.
Prime Location: Close proximity to downtown, the Fremont Bridge, and Interstate 5 ensures seamless connectivity to the broader metropolitan area.
Established Submarket: Located within an established industrial infill submarket, ideal for businesses requiring rapid transit and accessibility.
Renovated Condition: Property was fully renovated in 2016.
Ample Parking: On-site surface lot with 20+ spots.
Income Potential: Opportunity for one or multiple tenants.
Strong Demographics: Located in a desirable area with a strong workforce and a diverse range of amenities, including easy access to dining, retail, and entertainment options.
Property Details:
Address: 2187 NW Reed St, Portland, OR 97210
Building Size: ±18,751 SF
Office Space: ±4,500 SF
Lot Size: 0.92 AC / 39,988 SF
Clear Height: 14'
Year Built: 1949
Year Renovated: 2016
Zoning: IG1k (General Industrial 1 - Prime Industrial)
Asking Price: $3,750,000
Contact:
For more information or to schedule a property tour, please contact:
Graham Taylor, Senior Vice President +1 503 200 9216
Gabe Schnitzer, Vice President +1 503 944 9449
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