Listing Agency: Macadam Forbes Show Phone

Listed By: Rod Brokenshire · License ##860500161 Show Phone

Source: Moodyscre

Added: Sep 9, 2023 Changed: Sep 3 Last Checked: Sep 16 at 8:11PM

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Investment Insights

Based on property information with market context.

This industrial warehouse offers 7,600 square feet, including a 2,400-square-foot office space spread across two levels. The property also features 3,600 square feet of fenced parking. It is currently leased through May 31, 2024, at a rate of $10,650.00 per month on a triple net lease basis. The warehouse is equipped with two grade-level doors and has ceiling heights ranging from 15.5 feet to 18 feet. The electrical system is 240 volt, single phase. The property is located in the close-in Southeast market and is zoned IG1.

Key Highlights

• Currently leased at $10,650.00/mo NNN through 5/31/2024, providing immediate income.
• 7,600 SF industrial warehouse with 2,400 SF of office space.**
• 3,600 SF of fenced parking.

Property Analytics

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Open Analytics

Current Use

Warehouses

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Carpet & Flooring Store Locksmith Tanning Salon Pet Grooming Service Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,864

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Market

Vacancy Rate% for Industrial in Portland, OR

3.4% 2019

4.1% 2020

2.5% 2021

2.1% 2022

4.2% 2023

5.5% 2024

6.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this warehouses located? What is the asking price? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Warehouse - 7,600 SF warehouse with office and fenced parking.

Where is this warehouse located?

The property is located at 2422-2435 SE 10th Ave Portland, OR.

What are key features of this property?

This property features: Currently leased at $10,650.00/mo NNN through 5/31/2024, providing immediate income.; 7,600 SF industrial warehouse with 2,400 SF of office space.**; 3,600 SF of fenced parking.