Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    7959 Southwest Cirrus Dr Beaverton, OR 97008

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Multi-tenant business park in Beaverton, Oregon with flexible suites.

    Property size:
    1,875 SF
    Lot size:
    1,875 SF

    Property Features for 7959 Southwest Cirrus Dr

    General Information

    Standard status
    Active
    Size
    1,875 SF

    We can help!

    Listing Contact
    Eleanor Aschoff
    Source: Cbre

    Listing Agent: Eleanor Aschoff

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Beaverton Flex Space Available

    Parkside Business Center is a 735,073 square foot multi-tenant business park located along Southwest Hall Boulevard and Highway 217 in Beaverton, Oregon. The property offers highly functional and flexible office and warehouse suites suitable for small to mid-size businesses. The available space is 1,875 square feet. The location provides convenient access to I-5.
    Location Intelligence

    Current Use by Public Records

    Eurofins Environment Testing ... Laboratory

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Alchemy NW Catering

    Location Insight

    • Map
    • Local Demand
    City
    Beaverton
    County
    Washington
    State
    Oregon
    Longitude
    -122.7917092
    Latitude
    45.4615616

    Nearby Similar for Lease

    • Contact for pricing

      Cornell West

      Discover many ways to work your way in AZ, Phoenix - 24th and Camelback
      1500 Bethany Blvd, Beaverton, OR 97006
      View Details
    • Sponsored
      Contact for pricing

      Beaverton Round

      Flexible workspace in Hamilton Avenue
      4145 Watson Ave, Beaverton, OR 97005
      View Details
    • $3,500 /Mo

      Beaverton Commercial Building For Lease

      Two-story commercial building with basement near shopping and dining.
      4500 SW 107Th Ave, Beaverton, OR 97005
      View Details
    • $3,750 /Mo

      Beaverton Office/Warehouse Space Available

      Office and warehouse space in a dynamic Beaverton location.
      16500 NW Bethany Ct, Beaverton, OR 97006
      View Details
    • Contact for pricing

      Former Dental Office For Lease

      Former dental office for lease with great street frontage.
      12850 Southwest Canyon Rd, Beaverton, OR 97005
      View Details
    • $26 SF/Yr

      Office Space with Free Parking

      Office space in Beaverton with ample free on-site parking.
      1905 NW 169Th Pl, Beaverton, OR 97006
      View Details
    • Contact for pricing

      Move-in Ready Office Near Mall

      Small office space with private offices, kitchenette, and parking.
      8625 SW Cascade Ave, Beaverton, OR 97008
      View Details
    • Contact for pricing

      Class A Suburban Office Building

      Move-in ready office space with building signage and tenant amenities.
      6600 SW 105Th Ave, Beaverton, OR 97008
      View Details
    • $21 SF/Yr
      9,500 SF

      Beaverton Office Space For Rent

      Office space in the heart of Beaverton with great visibility.
      2155 NW 173Rd Ave, Beaverton, OR 97006
      View Details
    • Contact for pricing

      Warehouse/Distribution Property For Lease

      Warehouse/distribution property with easy access and secured, fenced perimeter.
      6789 Southwest 111Th Ave, Beaverton, OR 97008
      View Details
    • $25 SF/Yr
      3,880 SF

      Retail Space in Aloha Market

      Retail space available in busy Aloha Market Centre.
      20163 SW Tualatin Valley Hwy, Beaverton, OR 97123
      View Details
    • $30 SF/Yr
      1,520 SF

      Retail Space Near Kaiser Permanente

      Retail space available near major tenants and Kaiser Permanente.
      1225-1435 NW 185Th Ave, Beaverton, OR 97006
      View Details

    FAQs

    What type of property is this?
    Flex space - Multi-tenant business park in Beaverton, Oregon with flexible suites.
    Where is this flex space located?
    The property is located at 7959 Southwest Cirrus Dr Beaverton, OR.
    What are key features of this property?
    This property features: - 735,073 SF multi-tenant business park; - Highly functional and flexible office/warehouse suites; - Located along Southwest Hall Boulevard and HWY 217
    (503) 221-4868
    Request Owner's contact information
    7959 Southwest Cirrus Dr Beaverton, OR 97008
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7959 Southwest Cirrus Dr
    Beaverton, OR 97008
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    7959 Southwest Cirrus Dr Beaverton, OR 97008
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Eleanor Aschoff
    (503) 221-4868
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!