Single-Tenant NNN Medical
For Sale
Contact for pricing
Pending
12215 SE Powell Blvd, Portland, OR 97236
Renovated medical facility with a corporate lease guarantee and net-lease structure.
Property Size13,346 SF
Lot Size1.16 Acres
Days on Market146
Property Features for 12215 SE Powell Blvd
General Information
Standard status
Pending
Size
13,346 SF
Lot size
1.16 Acres
Property subtype
Retail
Financials
Asking Price
$3,794,071
Cap Rate
7%
Building Details
Year Renovated
2021
Buildings
1
Building Size
13,346 SF
Tenancy
Single
Listing Agency:
Marcus & Millichap - Los Angeles
Listed By:
Robert Narchi · License #01324570
(310) 909-5426
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 31 at 5:03PM
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 Marcus & Millichap - Los Angeles
Investment Insights
Based on property information with market context.
This single-tenant medical property at 12215 SE Powell Blvd in Portland, Oregon, contains a 13,346-square-foot building on 1.16 acres. The facility was renovated in 2021 and is subject to a corporate lease guarantee under an NNN structure, with an upcoming rent increase. The property also carries a 7.00% CAP rate.
Positioned on a hard signalized corner, the site is located a short drive from Providence Portland Medical Center and Portland International Airport. The net-lease arrangement provides a defined operating structure with limited landlord responsibilities. Its medical use, renovated improvements, corner positioning, and corporate lease support distinguish the asset within the NNN property category.
Positioned on a hard signalized corner, the site is located a short drive from Providence Portland Medical Center and Portland International Airport. The net-lease arrangement provides a defined operating structure with limited landlord responsibilities. Its medical use, renovated improvements, corner positioning, and corporate lease support distinguish the asset within the NNN property category.
Key Highlights
- 13,346 SF medical building on a 1.16‑acre lot
- Renovated in 2021
- Single‑tenant NNN structure with corporate lease guarantee
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
756
Businesses Nearby
Explore this area
Business Placement
Demographics for 97236, OR
40,193
Population
13,736
Households
2.9
Avg Household Size
36
Median Age
21%
College-Educated
81%
High-School Grad
7.7 sq mi
ZIP Area
5,220
Density / Sq Mi
$68,582
Median Household Income
$38,131
Median Earnings
$1,436
Median Rent
$414,400
Median Home Value
Market
Vacancy Rate% for Office in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Renovated medical facility with a corporate lease guarantee and net-lease structure.
Where is this nnn property located?
The property is located at 12215 SE Powell Blvd Portland, OR.
What are key features of this property?
This property features: 13,346 SF medical building on a 1.16‑acre lot; Renovated in 2021; Single‑tenant NNN structure with corporate lease guarantee
