12725 SW 66th Ave, Tigard, OR
Completely renovated office building with Class A finishes available for sale.
- Added:
- Oct 21, 2024
- Days on Market:
- 596
- Last Refresh:
- May 20 at 8:59 pm
Property Features for 12725 SW 66th Ave
General Information
- Standard status
- Active
- Size
- 29,351 SF
- Lot size
- 1.35 Acres
- Property subtype
- OFFICE
Listing agent Seth Platsman License ##201218073
Listing office Macadam Forbes (503) 227-2500
Listing date Oct 21, 2024
Source Moodyscre
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
HighLights
- Completely renovated office building with Class A finishes
- Flexible size configurations between 1,003 - 10,453 square feet
- Attractive lease rates
- Potential tax savings
- Revitalized premises designed with attention to detail
- Opportunity to refresh your business
Overview
Local Financial Insights For Office B
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 | $669.2k | $22.80 |
| − Vacancy | −$162.6k | −$5.54 |
| EGI | $506.6k | $17.26 |
| − OpEx | −$126.6k | −$4.31 |
| NOI | $379.9k | $12.94 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tigard
- County
- Washington
- State
- Oregon
- Longitude
- -122.77
- Latitude
- 45.43
