1430 SW Clay St, Portland, OR
7,500 SF owner-user office building with flexible layout.
- Added:
- Sep 7, 2023
- Days on Market:
- 1015
- Last Refresh:
- May 20 at 9:25 pm
Property Features for 1430 SW Clay St
General Information
- Standard status
- Active
- Size
- 7,500 SF
- Lot size
- 0.20 Acres
- Property subtype
- OFFICE
Listing agent Megan McElmurry License ##201210648
Listing office Macadam Forbes (503) 227-2500
Listing date Sep 7, 2023
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
- Freestanding 2‑story owner‑user office building.
- 7,500 SF of total space.
- Covered and surface parking available.
- Flexible layout with private offices.
- Generous conference rooms.
- Inviting open spaces.
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 | $171.0k | $22.80 |
| − Vacancy | −$41.6k | −$5.54 |
| EGI | $129.4k | $17.26 |
| − OpEx | −$32.4k | −$4.31 |
| NOI | $97.1k | $12.94 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.69
- Latitude
- 45.5157
