Hillsboro Industrial/Office Buildings For Sale

341 NE Lincoln St, Hillsboro, OR

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For Sale

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Three adjacent buildings with industrial, office, and residential space.

Type:FLEX_R_AND_D

Property size:

7,808 SF

Lot size:

0.42 Acres

Price / SF:

$179/SF

HighLights

Three adjacent buildings configured for single or multi‑tenant occupancy.
Boasts a Total Gross Building Area (GBA) / Net Rentable Area (NRA) of 7,808 SF.
Building 1, constructed in 2001, features 12' to 17.5' clear height.
Includes both a warehouse (Building 1) and office spaces (Building 2 & Residence).
Building 2 offers Class C office and warehouse space.
Also includes a single‑family residence currently utilized as office space.

We can help!

Listing Contact

Tyler Collins

For Sale

Contact for pricing

Three adjacent buildings with industrial, office, and residential space.

Type:FLEX_R_AND_D

Property size:

7,808 SF

Lot size:

0.42 Acres

Price / SF:

$179/SF

Added:: May 17, 2024
Days on Market:: 760
Last Refresh:: May 19 at 8:41 pm

Property Features for 341 NE Lincoln St

General Information

Standard status: Active
Size: 7,808 SF
Lot size: 0.42 Acres
Property subtype: FLEX_R_AND_D

We can help!

Listing Contact

Tyler Collins

Listing agent Cooper Collins License ##201219113

Listing office Macadam Forbes

Listing date May 17, 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

Three adjacent buildings configured for single or multi‑tenant occupancy.
Boasts a Total Gross Building Area (GBA) / Net Rentable Area (NRA) of 7,808 SF.
Building 1, constructed in 2001, features 12' to 17.5' clear height.
Includes both a warehouse (Building 1) and office spaces (Building 2 & Residence).
Building 2 offers Class C office and warehouse space.
Also includes a single‑family residence currently utilized as office space.

Overview

Three adjacent, single-story industrial and office buildings are available for purchase, configured for single or multi-tenant occupancy. Building 1, located at 339 NE Lincoln St, is a wood frame and vinyl siding warehouse constructed in 2001. It has a gross building area (GBA) and net rentable area (NRA) of 3,808 square feet and a clear height ranging from 12 to 17.5 feet. Building 2, situated at 333 NE Lincoln St, offers Class C office and warehouse space with concrete masonry unit (CMU) construction. Built in 1971, it features a GBA and NRA of 2,936 square feet. Additionally, a single-family residence at 341 NE Lincoln St, constructed in 1940, is utilized as office space. This building has a GBA and NRA of 1,064 square feet, bringing the total GBA and NRA of the entire site to 7,808 square feet. The properties are located in Hillsboro, OR.

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$121.8k	$15.60
− Vacancy	−$6.7k	−$0.86
EGI	$115.1k	$14.74
− OpEx	−$17.3k	−$2.21
NOI	$97.8k	$12.53

7,808 SF · lease $15.60/SF/yr · vacancy 5.50% · expense 15.00%

Alternative Uses

Best Use

Warehouse

$1.40M

$1.22M – $1.63M (±1% cap)

NOI $97,840 @ 7.0% cap · market cap 6.99%

Second Best

Industrial

$1.15M

$1.01M – $1.34M (±1% cap)

NOI $80,574 @ 7.0% cap · market cap 5.76%

Theoretical Best

Office A

$2.10M

$1.83M – $2.45M (±1% cap)

NOI $146,771 @ 7.0% cap · market cap 10.48%

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

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

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Location Insight

Map
Local Demand

City: Hillsboro
County: Washington
State: Oregon
Longitude: -122.985
Latitude: 45.5243

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For sale
Flex space
OR
Hillsboro
341 NE Lincoln St

What type of property is this?

Flex space - Three adjacent buildings with industrial, office, and residential space.

Where is this flex space located?

The property is located at 341 NE Lincoln St Hillsboro, OR.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: Three adjacent buildings configured for single or multi‑tenant occupancy.; Boasts a Total Gross Building Area (GBA) / Net Rentable Area (NRA) of 7,808 SF.; Building 1, constructed in 2001, features 12' to 17.5' clear height.

341 NE Lincoln St, Hillsboro, OR

Three adjacent buildings with industrial, office, and residential space.

Property Features for 341 NE Lincoln St

General Information

We can help!

HighLights

Overview

Local Financial Insights For Warehouse

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Similar Places Nearby

Location Insight

Nearby Similar for Sale

Hillsboro Triplex: Investment Opportunity

Hillsboro Home with Accessibility Features

Hillsboro Two-Story Drive-Thru Concept

Hillsboro Commercial Property with Upside

Downtown Hillsboro Single-Tenant Retail Building

Downtown Hillsboro Office Building

Downtown Hillsboro Commercial Building For Sale

NNN-Leased Medical Office Building

Hillsboro Facility on 4.88 Acres

Mixed-Use Development Land

Hillsboro Warehouse with Secure Parking

Prime Sunset Corridor Commercial Space

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