711-719 SE Grand Ave, Portland, OR
Historic mixed-use building with retail and office space available.
- Added:
- Feb 27, 2024
- Days on Market:
- 841
- Last Refresh:
- May 20 at 9:52 pm
Property Features for 711-719 SE Grand Ave
General Information
- Standard status
- Active
- Size
- 9,812 SF
- Lot size
- 0.11 Acres
- Property subtype
- OFFICE
Listing agent Justin Darling (503) 457-2990
Listing office NAI Elliott (503) 457-2990
Listing date Feb 27, 2024
Source Moodyscre
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All listing content including descriptions, pricing, images are the copyrighted material of NAI Elliott
HighLights
- Central, close‑in east side location
- Historic mixed‑use building suitable for owner/user
- Features a mix of private offices, open workspaces, conference rooms, and phone booths
- Enjoy hardwood floors, high ceilings, and tons of natural light
- Includes showers, restrooms, kitchens and secure bike room
- Strong traffic counts benefit ground floor retail
Overview
Local Financial Insights For Mixed Use
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 | $235.5k | $24.00 |
| − Vacancy | −$23.5k | −$2.40 |
| EGI | $211.9k | $21.60 |
| − OpEx | −$79.5k | −$8.10 |
| NOI | $132.5k | $13.50 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.661
- Latitude
- 45.5177
