5700 SE FOSTER, Portland, OR 97206
3,167 SF commercial building with high visibility on Foster Road.
- Added:
- Mar 27, 2024
- Days on Market:
- 813
- Last Refresh:
- Apr 5 at 9:10 pm
Property Features for 5700 SE FOSTER
General Information
- Standard status
- Active
- Size
- 3,167 SF
- Lot size
- 0.07 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1949
Listing agent JOHN MCCLAY
Listing office BERKSHIRE HATHAWAY HOMESERVICES NW REAL ESTATE (503) 624-9660
Listing date Mar 27, 2024
Source Corcoran
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 BERKSHIRE HATHAWAY HOMESERVICES NW REAL ESTATE
HighLights
- High‑visibility location on SE Foster Road with approximately 19,000 vehicles daily.
- Flexible CE zoning supports a broad mix of business types.
- Standalone 3,167 SF commercial building suitable for owner‑users or investors.
- Large showroom with 12‑foot ceilings and expansive windows providing natural light.
- Rear double freight‑style doors with street‑grade entry for easy equipment/supply access.
- Convenient access to I‑205 (2.5 miles) and Highway 26 (4 miles).
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 | $72.2k | $22.80 |
| − Vacancy | −$17.5k | −$5.54 |
| EGI | $54.7k | $17.26 |
| − OpEx | −$13.7k | −$4.31 |
| NOI | $41.0k | $12.94 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Live Nude Plants — 2624 SE 61st Ave, Portland, OR 97206
- Kern Park Flower Shoppe — 6713 SE Holgate Blvd, Portland, OR 97206
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.6044299
- Latitude
- 45.493262