Portland Office Building For
7305 NE Glisan St Portland, OR 97213
For Sale
$2,250,000
7,368 SF office building available in Portland, Oregon.
Property Size7,368 SF
Price / SF$305.37
Days on Market141
Property Features for 7305 NE Glisan St
General Information
Standard status
Active
Size
7,368 SF
Property subtype
Office
Building Details
Year Built
1907
Listing Agency:
Kidder Mathews - Portland
(503) 721-2738
Listed By:
Sean McNamara · License #201205329
(503) 721-2738
Source:
Kidder
Added: Mar 8
Changed: Jul 10
Last Checked: Mar 26 at 9:48AM
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 - Portland
Investment Insights
Based on property information with market context.
This commercial real estate offering features a 7,368 square foot office building located in Portland, Oregon. The property is suitable for office use.
Key Highlights
- 7,368 SF office building
- Located in Portland, Oregon
- Year Built: 1907
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 | $168.0k | $22.80 |
| − Vacancy | −$40.8k | −$5.54 |
| EGI | $127.2k | $17.26 |
| − OpEx | −$31.8k | −$4.31 |
| NOI | $95.4k | $12.94 |
7,368 SF · lease $22.80/SF/yr · vacancy 24.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.36M
$1.19M – $1.59M
NOI $95,377 @ 7.0% cap · market cap 4.24%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.07M
$1.81M – $2.41M
NOI $144,838 @ 7.0% cap · market cap 6.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - 7,368 SF office building available in Portland, Oregon.
Where is this office building located?
The property is located at 7305 NE Glisan St Portland, OR.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: 7,368 SF office building; Located in Portland, Oregon; Year Built: 1907
