Automotive Service Bay
11646 SW Pacific Hwy Portland, OR 97223
New
11646 SW Pacific Hwy, Portland, OR, 97223
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For Sale
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Automotive facility with five 12' overhead service bay doors and 14'-6" clear height, positioned for visibility to Hwy 99W.
Property Size3,383 SF
Price / SF$250
Days on Market3
Property Features for 11646 SW Pacific Hwy
General Information
- Standard status
- Active
- Size
- 3,383 SF
- Property subtype
- INDUSTRIAL
Listing Agency
Macadam Forbes
(503) 972-7293
Listed by
Rhys Konrad · License ##201205396
Source
Moodyscre
Added: Jul 16 Checked: Jul 18 at 2:03 am
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 Macadam Forbes
Investment Insights
Based on property information with market context.
This automotive service bay garage offers an owner-user setup with five 12' overhead service bay doors and 14'-6" clear height. The building includes two restrooms to support on-site operations.
The property is located with exposure to Hwy 99W and offers strong signage opportunities. Current tenant lease expires 12/31/2026, creating a defined timeline for the next use of the space.
With its service-door configuration and clear height, the facility is designed to accommodate active automotive service operations while maintaining practical restroom amenities for staff and visitors.
The property is located with exposure to Hwy 99W and offers strong signage opportunities. Current tenant lease expires 12/31/2026, creating a defined timeline for the next use of the space.
With its service-door configuration and clear height, the facility is designed to accommodate active automotive service operations while maintaining practical restroom amenities for staff and visitors.
Key Highlights
- Automotive facility with five 12' overhead service bay doors
- 14'-6" clear height
- Great signage and exposure to Hwy 99W
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $60.9k | $18.00 |
| − Vacancy | −$4.6k | −$1.35 |
| EGI | $56.3k | $16.65 |
| − OpEx | −$16.9k | −$5.00 |
| NOI | $39.4k | $11.66 |
3,383 SF · lease $18.00/SF/yr · vacancy 7.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$563.3K
$492.9K – $657.2K
NOI $39,429 @ 7.0% cap · market cap 4.66%
Second Best
Industrial
$303.3K
$265.4K – $353.9K
NOI $21,233 @ 7.0% cap · market cap 2.51%
Theoretical Best
Office A
$950.0K
$831.3K – $1.11M
NOI $66,502 @ 7.0% cap · market cap 7.86%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Tigard Transmission Center
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Landmark Lincoln Service — 12000 SW 66th Ave, Tigard, OR 97223
- Landmark Ford Lincoln: Jeff Sleight — 12000 sw 66th ave #8574, tigard, or 97223
- Car Toys — 11710 SW Pacific Hwy #99w, Tigard, OR 97223
- Landmark Auto Body & Collision Center — 12000 SW 66th Ave, Tigard, OR 97223
- Windshield Brothers — 6830 SW Atlanta St, Portland, OR 97223
FAQs
What type of property is this?
Auto shop - Automotive facility with five 12' overhead service bay doors and 14'-6" clear height, positioned for visibility to Hwy 99W.
Where is this auto shop located?
The property is located at 11646 SW Pacific Hwy Portland, OR.
What is the asking price?
The asking price for this property is $845,750.
What are key features of this property?
This property features: Automotive facility with five 12' overhead service bay doors; 14'-6" clear height; Great signage and exposure to Hwy 99W
