Collision Repair Property with
For Sale
Contact for pricing
8206 SE Woodstock Blvd, Portland, OR 97266
Corporate-guaranteed Caliber Collision operates under a lease through 2030, plus a separately leased parking lot parcel.
Property Size17,330 SF
Price / SF$300.06
Days on Market109
Property Features for 8206 SE Woodstock Blvd
General Information
Standard status
Active
Size
17,330 SF
Property subtype
RETAIL
Site & Location
Traffic Count
31,600 vehicles/day
Highway Access
Yes
Road Access
Yes
Building Details
Year Built
1969
Tenancy
Single
Listing Agency:
Marcus & Millichap, Inc.
(206) 826-5787
Listed By:
Clayton Brown · License #WA:123258,ID:SP56979
Source:
Moodyscre
Added: May 4
Changed: Aug 10
Last Checked: Aug 10 at 10:54PM
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 Marcus & Millichap, Inc.
Investment Insights
Based on property information with market context.
This offering includes a Caliber Collision collision repair facility originally built in 1969. The current Caliber Collision lease has been extended through 5/31/2030 and includes two additional 5-year renewal options. The lease is described as near absolute net, with the tenant fully responsible for the roof, maintenance, repairs, and replacements, and features 3% annual rent increases throughout the initial term and all option periods. Both the main lease and the parking lot parcel lease are guaranteed by Caliber Holdings, LLC.
The property also includes a parking lot parcel acquired by the seller in 2025. That separate absolute net lease runs through 4/30/2035 and includes annual CPI rent increases, providing the new owner control of the parcels Caliber Collision uses for operations at this location.
Located at the signalized hard corner of SE 82nd Ave/Hwy 213 and SE Woodstock Blvd, the site is positioned with nearby access to I-205 within a 3-minute drive. The surrounding area is described as having approximately 428,000 residents within 5 miles and average household incomes exceeding $113,000.
The property also includes a parking lot parcel acquired by the seller in 2025. That separate absolute net lease runs through 4/30/2035 and includes annual CPI rent increases, providing the new owner control of the parcels Caliber Collision uses for operations at this location.
Located at the signalized hard corner of SE 82nd Ave/Hwy 213 and SE Woodstock Blvd, the site is positioned with nearby access to I-205 within a 3-minute drive. The surrounding area is described as having approximately 428,000 residents within 5 miles and average household incomes exceeding $113,000.
Key Highlights
- Caliber Collision corporately guaranteed investment in Portland, OR, with lease extended through 5/31/2030 plus two additional 5‑year renewal options
- Near absolute net lease: tenant responsible for roof and all maintenance, repairs, and replacements
- Lease includes 3% annual rent increases throughout the initial term and all option periods
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$201,981
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,039,620
$4.0M
Cap Rate 7%
$2,885,443
$2.9M
Cap Rate 9%
$2,244,233
$2.2M
Market Conditions
NOI Build-Up for 17,330 SF
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.
Gross rent
$311.9K $18.00/SF
− Vacancy
−$23.4K −$1.35/SF
EGI
$288.5K $16.65/SF
− OpEx
−$86.6K −$5.00/SF
NOI
$202.0K $11.66/SF
Area
Portland, OR
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,039,620
Cap Rate 7%
$2,885,443
Cap Rate 9%
$2,244,233
Alternative Uses
Best Use
Retail
$2.89M
$2.52M – $3.37M
NOI $201,981 @ 7.0% cap · market cap 3.88%
Second Best
Industrial
$1.55M
$1.36M – $1.81M
NOI $108,771 @ 7.0% cap · market cap 2.09%
Theoretical Best
Office A
$4.87M
$4.26M – $5.68M
NOI $340,668 @ 7.0% cap · market cap 6.55%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
31,600 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
942
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97266, OR
36,095
Population
13,863
Households
2.6
Avg Household Size
37
Median Age
29%
College-Educated
85%
High-School Grad
6.1 sq mi
ZIP Area
5,917
Density / Sq Mi
$71,791
Median Household Income
$39,856
Median Earnings
$1,532
Median Rent
$420,800
Median Home Value
Market
Vacancy Rate% for Retail in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - Corporate-guaranteed Caliber Collision operates under a lease through 2030, plus a separately leased parking lot parcel.
Where is this auto shop located?
The property is located at 8206 SE Woodstock Blvd Portland, OR.
What is the asking price?
The asking price for this property is $5,200,000.
What are key features of this property?
This property features: Caliber Collision corporately guaranteed investment in Portland, OR, with lease extended through 5/31/2030 plus two additional 5‑year renewal options; Near absolute net lease: tenant responsible for roof and all maintenance, repairs, and replacements; Lease includes 3% annual rent increases throughout the initial term and all option periods
