5755 Willow Ln Lake Oswego, OR 97035

This newly built and fully leased flex building is located in the desirable Lake Oswego submarket. Constructed in 2019 by Curt Faus Corporation, the property is currently fully leased to four separate tenants: Black Rock Coffee, Divine Designs, FS Unlimited, and Curt Faus Corporation. The property is zoned IP (Industrial Park), but the City of Lake Oswego adopted an overlay to this zoning to provide a wider base of uses, including retail sales and service of motor vehicles, food sales, office use, medical uses, and fitness uses, each with its own square footage cap. This zoning overlay allowed the current owner to secure Black Rock Coffee as a main tenant, utilizing the front space for a retail coffee shop, corporate offices, and bakery production. Located just off Lower Boones Ferry Road, the property benefits from three traffic lights between it and the Northbound on-ramp to I-5 (exit 290). Lake Oswego is a smaller flex/industrial submarket due to limited land supply and even more limited industrial land availability. With quick access to I-5, I-205, and Highway 217, the Lake Oswego submarket boasts some of the highest rents in the SW suburbs for office, flex, and retail properties. The building features HVAC in all units and LED lighting throughout.