Listed by Wright Commercial LLC
$10,865,720
Skyport 5822
Details
Property Type Industrial
Sub Type Distribution, Manufacturing
Square Footage 63,916
Cap Rate 4.41%
NOI $479,370
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Expiration 11/30/2026
Remaining Term 0.4
Price per SqFt $170
Broker Co-Op Yes
Acreage 2.600
Zoning IG-2 General Industrial 2
Ceiling Height 21.5
Loading Docks 7
Dock High Doors 6
Industrial | 4.41% CAP | 63,916 SqFt
Marketing description
**Price Reduction!!
5822 NE Skyport Way is a 63,916 SF concrete tilt-up industrial facility located in NE Portland’s established Airport Way corridor. The building features ~50,360 SF of functional warehouse space with 24’ clear height, dock and grade-level loading, wet sprinkler system, and 3-phase power. It also includes ~6,750 SF of built-out office space and ~6,806 SF of mezzanine. Positioned on a 2.6-acre site with excellent access to I-205, Hwy 30, and PDX airport, the property offers both operational efficiency and regional connectivity. Currently leased through November 2026, the building presents an attractive opportunity for an owner-user or investor seeking a stable asset with future flexibility in a core industrial location.
Listing Contacts
Listed by Wright Commercial LLC
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Loan Amount
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Annual Debt Service
$--
$--
Annual Cash Flow
$479,370.00
$39,947.50/mo
Valuation Metrics
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DSCR
4.41%
Cap Rate
4.41%
ROI
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