Office Building with Outdoor
For Sale
Contact for pricing
9405 SW Gemini Dr, Beaverton, OR 97008
Office building featuring a large outdoor deck area with water views and high visibility.
Property Size23,416 SF
Price / SF$341.65
Days on Market567
Property Features for 9405 SW Gemini Dr
General Information
Standard status
Active
Size
23,416 SF
Property subtype
OFFICE
Listing Agency:
JLL | Portland
(503) 972-8000
Listed By:
Deron Jones · License #B.200509006
(503) 937-2113
Source:
Moodyscre
Added: Apr 17, 2025
Changed: Oct 26
Last Checked: Nov 3 at 9:49AM
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 JLL | Portland
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Investment Insights
Based on property information with market context.
This office building offers a large outdoor deck area and water views, designed to support flexible workday use for occupants and visitors. The property’s exterior setup emphasizes outdoor space alongside clear visual presence.
The building is located at 9405 SW Gemini Dr in Beaverton, Oregon. Public remarks also highlight high visibility, making the site well-suited for businesses that value straightforward exposure.
Available for sale, the property totals 23,416 square feet. The listing information provided focuses primarily on the outdoor deck, water views, and visibility, which are the core practical features for evaluating fit.
The building is located at 9405 SW Gemini Dr in Beaverton, Oregon. Public remarks also highlight high visibility, making the site well-suited for businesses that value straightforward exposure.
Available for sale, the property totals 23,416 square feet. The listing information provided focuses primarily on the outdoor deck, water views, and visibility, which are the core practical features for evaluating fit.
Key Highlights
- Office building with a large outdoor deck area
- Water views from the outdoor deck area
- High‑visibility location
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$303,113
Cap Rate
3.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,062,260
$6.1M
Cap Rate 7%
$4,330,186
$4.3M
Cap Rate 9%
$3,367,922
$3.4M
Market Conditions
NOI Build-Up for 23,416 SF
Gross rent
$533.9K $22.80/SF
− Vacancy
−$129.7K −$5.54/SF
EGI
$404.2K $17.26/SF
− OpEx
−$101.0K −$4.31/SF
NOI
$303.1K $12.94/SF
Area
Washington County, OR
Vacancy
24.30%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,062,260
Cap Rate 7%
$4,330,186
Cap Rate 9%
$3,367,922
Alternative Uses
Best Use
Office B
$4.33M
$3.79M – $5.05M
NOI $303,113 @ 7.0% cap · market cap 3.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.32M
$5.53M – $7.37M
NOI $442,439 @ 7.0% cap · market cap 5.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,292
Businesses Nearby
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Business Placement
Demographics for 97008, OR
29,632
Population
12,845
Households
2.3
Avg Household Size
39
Median Age
48%
College-Educated
95%
High-School Grad
5.3 sq mi
ZIP Area
5,591
Density / Sq Mi
$90,246
Median Household Income
$52,133
Median Earnings
$1,664
Median Rent
$555,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Office building featuring a large outdoor deck area with water views and high visibility.
Where is this office building located?
The property is located at 9405 SW Gemini Dr Beaverton, OR.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: Office building with a large outdoor deck area; Water views from the outdoor deck area; High‑visibility location
