18210 E Burnside St, Portland, OR
Two-story, 7,200 SF office building in Downtown Rockwood.
- Added:
- Sep 6, 2022
- Days on Market:
- 1381
- Last Refresh:
- May 20 at 9:29 pm
Property Features for 18210 E Burnside St
General Information
- Standard status
- Active
- Size
- 7,200 SF
- Lot size
- 0.41 Acres
- Property subtype
- OFFICE
Listing agent Joe Kappler License ##200605069
Listing office Macadam Forbes (503) 227-2500
Listing date Sep 6, 2022
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
- 7,200 square foot office building suitable for owner/user or investor.
- Located in the Downtown Rockwood area.
- New HVAC units being installed in September.
- Building is demised into four suites on each floor.
- Each unit has its own restroom.
- Wheelchair ramp provides accessibility to the first floor.
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 | $164.2k | $22.80 |
| − Vacancy | −$39.9k | −$5.54 |
| EGI | $124.3k | $17.26 |
| − OpEx | −$31.1k | −$4.31 |
| NOI | $93.2k | $12.94 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.476
- Latitude
- 45.5215
