Medical Office on High-Traffic
For Sale
Contact for pricing
19755 SW Tualatin Valley Hwy, Beaverton, OR
High-visibility medical office building on a signalized corner.
Property Size5,000 SF
Lot Size0.50 Acres
Price / SF$340
Days on Market375
Property Features for 19755 SW Tualatin Valley Hwy
General Information
Standard status
Active
Size
5,000 SF
Lot size
0.50 Acres
Property subtype
OFFICE
Listing Agency:
Commercial Realty Advisors Northwest LLC
(503) 758-9573
Listed By:
Mark Banta · License #200601194
Source:
Moodyscre
Added: Aug 11, 2025
Changed: Aug 17
Last Checked: Aug 19 at 3:13PM
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 Commercial Realty Advisors Northwest LLC
Investment Insights
Based on property information with market context.
Located on the hard corner of Tualatin Valley Highway and 198th Avenue, this property features a building with a newer medical office build-out. The building previously served as a chiropractic medical office and a dental office. A large pylon sign is included. The property benefits from a high-traffic signalized intersection with an average daily traffic count of 33,765.
Key Highlights
- High visibility hard corner location at Tualatin Valley Highway and 198th Avenue.
- Very high traffic signalized intersection with 33,765 average daily traffic.
- Newer medical office build‑out.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$70,884
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.17%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,417,680
$1.4M
Cap Rate 7%
$1,012,629
$1.0M
Cap Rate 9%
$787,600
$787.6K
Market Conditions
NOI Build-Up for 5,000 SF
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.
Gross rent
$132.0K $26.40/SF
− Vacancy
−$13.9K −$2.77/SF
EGI
$118.1K $23.63/SF
− OpEx
−$47.3K −$9.45/SF
NOI
$70.9K $14.18/SF
Area
Washington County, OR
Vacancy
10.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,417,680
Cap Rate 7%
$1,012,629
Cap Rate 9%
$787,600
Alternative Uses
Best Use
Healthcare Medical
$1.01M
$886.1K – $1.18M
NOI $70,884 @ 7.0% cap · market cap 4.17%
Second Best
Office B
$924.6K
$809.1K – $1.08M
NOI $64,724 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$1.35M
$1.18M – $1.57M
NOI $94,474 @ 7.0% cap · market cap 5.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
530
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Medical Office Space - High-visibility medical office building on a signalized corner.
Where is this medical office space located?
The property is located at 19755 SW Tualatin Valley Hwy Beaverton, OR.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: High visibility hard corner location at Tualatin Valley Highway and 198th Avenue.; Very high traffic signalized intersection with 33,765 average daily traffic.; Newer medical office build‑out.
