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28071765
28071764

11642 SW Pacific Hwy, Tigard, OR 97223

RK
OR OR 201205396
Macadam Forbes
Listed by Macadam Forbes
$1,815,000
210 days on market
Updated 17 days ago
Opportunity zone

11642 SW Pacific Highway

Details
Property Type Retail
Sub Type Commercial
Square Footage 6,980
Cap Rate 6.08%
Occupancy 66%
Tenancy Multi
Pro-Forma Cap Rate 7.51%
Year Built 1967
Stories 2
Acreage 0.780
Zoning COM - Commercial, City of Tigard

Retail | 6.08% CAP | 6,980 SqFt

Marketing description

Multi-tenant investment opportunity with great Westside location. The property consists of approximately 6,980 SF building (two levels) on approximately 0.78 acres of property. The rear of the property is excess land that could be developed into an additional structure, or parking. The building is currently 66% occupied, allowing an investor additional upside with future leasing.

The vibrant city of Tigard, Oregon, show potential for Retail and Street Retail investors. Nestled along SW Pacific Highway, the area offers high visibility and significant foot traffic, ideal for retail businesses. Nearby, two of the most successful malls Washington Square and Bridgeport Village boasts a diverse mix of shops and restaurants, drawing in both locals and visitors. The area is surrounded by affluent neighborhoods, providing a strong customer base. With its strategic location and access to amenities, Tigard presents an exciting opportunity for retail investors looking to establish a presence in a dynamic and thriving community.

Investment highlights

  • Multi-tenant investment opportunity
  • 66% occupied
  • Underdeveloped property for potential additional building
  • Upside income potential with additional leasing

Listing Contacts

RK
OR OR 201205396
Macadam Forbes
Listed by Macadam Forbes

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Additional Information

Name
Rhys Konrad
License
OR 201205396
Brokerage
Macadam Forbes, Inc.
Title
Broker, Vice President
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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