Listed by Fuller Group
$3,300,000
8513-8515 Oak Place Professional Offices
Details
APN 145250000
Property Type Mixed Use, Office
Sub Type Creative Office, Traditional Office
Square Footage 15,818
Cap Rate 7.00%
NOI $236,610
Occupancy 100%
Tenancy Multi
Pro-Forma Cap Rate 7.1%
Pro-Forma NOI $234,140
Price per SqFt $209
Class B
Year Built 1999
Buildings 2
Stories 2
Acreage 1.190
Zoning R-43
Ground Lease No
Mixed Use | 7.00% CAP | 15,818 SqFt
Marketing description
- High-visibility location along a major north–south corridor in Hazel Dell
- Strong tenant mix of professional and service-based users
- Stable income with upside through rent growth and renewals
- Flexible ownership structure – separate parcels allow future sale or refinance individually
- Attractive, well-maintained assets with professional landscaping and curb appeal
- Functional suite layouts ideal for small to mid-size office tenants
- Proximity to amenities – retail, dining, banking, and residential growth corridors
- Easy access to I-5, Downtown Vancouver, and Portland MSA
- Positioned for long-term appreciation within a supply-constrained submarket
Investment highlights
8513 NE Hazel Dell
- 12,200 SF
- 2 floors
- Elevator served
- 100% Occupied
- Updated LED lights throughout
8515 NE Hazel Dell
- 3,618 SF
- 2 floors
- 3 separate condo units leased
- Each unit is a separate tax lot
- 100% leased
- Back-up generator with full building redundancy
Listing Contacts
Listed by Fuller Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$236,610.00
$19,717.50/mo
Valuation Metrics
0
DSCR
7.17%
Cap Rate
7.17%
ROI
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