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29347311
31800534

4840 NE Sandy Blvd, Portland, OR 97213

JG
OR 971000078
Commercial Black, LLC
Listed by Commercial Black, LLC
$2,500,000
142 days on market
Updated 53 days ago

4840 NE Sandy Blvd Portland Oregon

Details
Property Type Office
Sub Type Medical Office
Square Footage 7,942
Net Rentable (SqFt) 7,942
Cap Rate 5.89%
NOI $147,340
Occupancy 100%
Tenancy Multi
Lease Type Gross
Rent Bumps Yes
Price per SqFt $315
Broker Co-Op Yes
Class B
Year Built 1978
Year Renovated 2022
Buildings 1
Stories 2
Lot Size (SqFt) 9,025
Zoning RM2
Parking Spaces 9 spaces
Parking Per SqFt 1.13
Investment Type Stabilized
Tenant Credit Corporate Guarantee

Office | 5.89% CAP | 7,942 SqFt

Marketing description

BOUTIQUE MEDICAL INVESTMENT The NE Sandy Office Complex offers investors a rare opportunity to acquire a boutique medical/office asset anchored by Columbia Oral Surgery & Implants (lease entity: U.S. Oral Surgery Management, LLC). The property features a stable, professional tenant mix with contractual rent increases, expense reimbursement structure, and strong street visibility along the NE Sandy Blvd corridor.

Investment highlights

BOUTIQUE MEDICAL INVESTMENT The NE Sandy Office Complex offers investors a rare opportunity to acquire a boutique medical/office asset anchored by Columbia Oral Surgery & Implants (lease entity: U.S. Oral Surgery Management, LLC). The property features a stable, professional tenant mix with contractual rent increases, expense reimbursement structure, and strong street visibility along the NE Sandy Blvd corridor.

Listing Contacts

JG
OR 971000078
Commercial Black, LLC
Listed by Commercial Black, LLC

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$147,340.00
$12,278.33/mo

Valuation Metrics

0
DSCR
5.89%
Cap Rate
5.89%
ROI

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Additional Information

Name
John Gibson
License
971000078
Brokerage
Commercial Black
Title
Principal Broker
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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