4540 SW Kelly Ave, Portland, OR
Office building in desirable Johns Landing location with river views.
- Added:
- Apr 6, 2023
- Days on Market:
- 1164
- Last Refresh:
- May 20 at 8:52 pm
Property Features for 4540 SW Kelly Ave
General Information
- Standard status
- Active
- Size
- 17,799 SF
- Lot size
- 0.41 Acres
- Property subtype
- OFFICE
Properties For Sale
at 4540 SW Kelly Ave Contact us
Listing agent Jake Haas License #201223508 (503) 545-6475
Listing office Kidder Mathews (503) 545-6475
Listing date Apr 6, 2023
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 Kidder Mathews
HighLights
- SPECTACULAR views of Mt. Hood and the Willamette River
- MASSIVE OUTDOOR deck for entertaining clients
- HIGHLY desirable location in close‑in Johns Landing
- LARGE window line with an abundant of natural light
- 19 ONSITE parking spaces
- EASY ACCESS to downtown, bridges, and I‑5
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 | $405.8k | $22.80 |
| − Vacancy | −$98.6k | −$5.54 |
| EGI | $307.2k | $17.26 |
| − OpEx | −$76.8k | −$4.31 |
| NOI | $230.4k | $12.94 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.674
- Latitude
- 45.4903
