Suburban Office Building with
For Sale
Contact for pricing
10155 NE TANASBOURNE DR, Hillsboro, OR 97124
Well-maintained 2007 office building offering surface parking and multi-tenant space for corporate users and investors.
Property Size72,446 SF
Price / SF$138.03
Days on Market122
Property Features for 10155 NE TANASBOURNE DR
General Information
Standard status
Active
Size
72,446 SF
Class
B
Property subtype
Office
Zoning
Commercial - General
Building Details
Year Built
2007
Buildings
1
Units
110
Tenancy
Multi
Listing Agency:
CBRE - Portland
Listed By:
Gabe Schnitzer · License #201219538
(503) 944-9449
Source:
Crexi
Added: Jun 15
Changed: Oct 11
Last Checked: Oct 12 at 6:33PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Portland
Investment Insights
Based on property information with market context.
This meticulously maintained suburban office property was built in 2007 and is configured to serve both corporate users and multi-tenant occupancy. The offering presents a turn-key office setting with an emphasis on day-to-day usability, supported by ample surface parking and a property layout designed for straightforward operations.
Located at 10155 NE Tanasbourne Drive in Hillsboro, Oregon, the asset is positioned for convenient access to surrounding amenities. The property’s suburban context and focus on parking support tenants and visitors who rely on surface access for commuting and on-site needs.
For buyers and tenants evaluating office space, this is a practical option that combines a relatively newer construction date with a multi-tenant-ready approach. The combination of surface parking, maintenance-focused ownership, and a flexible corporate or investor use profile can help support a range of business requirements, from steady office operations to multi-tenant management. As a for-sale office building, it may fit well for parties looking for a maintained asset built in the mid-2000s timeframe and supported by on-site parking and amenity access.
Located at 10155 NE Tanasbourne Drive in Hillsboro, Oregon, the asset is positioned for convenient access to surrounding amenities. The property’s suburban context and focus on parking support tenants and visitors who rely on surface access for commuting and on-site needs.
For buyers and tenants evaluating office space, this is a practical option that combines a relatively newer construction date with a multi-tenant-ready approach. The combination of surface parking, maintenance-focused ownership, and a flexible corporate or investor use profile can help support a range of business requirements, from steady office operations to multi-tenant management. As a for-sale office building, it may fit well for parties looking for a maintained asset built in the mid-2000s timeframe and supported by on-site parking and amenity access.
Key Highlights
- Office property built in 2007
- Well‑maintained office building with surface parking
- Designed for corporate users and multi‑tenant investors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$709,626
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,192,520
$14.2M
Cap Rate 7%
$10,137,514
$10.1M
Cap Rate 9%
$7,884,733
$7.9M
Market Conditions
NOI Build-Up for 72,446 SF
Gross rent
$1.47M $20.28/SF
− Vacancy
−$523.0K −$7.22/SF
EGI
$946.2K $13.06/SF
− OpEx
−$236.5K −$3.27/SF
NOI
$709.6K $9.80/SF
Area
Hillsboro, OR
Vacancy
35.60%
Lease Rate
$20.28 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,192,520
Cap Rate 7%
$10,137,514
Cap Rate 9%
$7,884,733
Alternative Uses
Best Use
Office B
$10.14M
$8.87M – $11.83M
NOI $709,626 @ 7.0% cap · market cap 7.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$19.45M
$17.02M – $22.70M
NOI $1,361,809 @ 7.0% cap · market cap 13.62%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,324
Businesses Nearby
Explore this area
Business Placement
Demographics for 97124, OR
53,487
Population
22,176
Households
2.4
Avg Household Size
35
Median Age
47%
College-Educated
93%
High-School Grad
45.1 sq mi
ZIP Area
1,186
Density / Sq Mi
$107,063
Median Household Income
$54,463
Median Earnings
$1,918
Median Rent
$518,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Well-maintained 2007 office building offering surface parking and multi-tenant space for corporate users and investors.
Where is this office building located?
The property is located at 10155 NE TANASBOURNE DR Hillsboro, OR.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: Office property built in 2007; Well‑maintained office building with surface parking; Designed for corporate users and multi‑tenant investors
