Single-Story Office
New
For Sale
$1,675,000
8600 SW Saint Helens Dr, Wilsonville, OR 97070
Renovated concrete tilt-up property with dedicated garage and storage space for office, service, or light distribution operations.
Property Size6,854 SF
Price / SF$244.38
Days on Market2
Property Features for 8600 SW Saint Helens Dr
General Information
Standard status
Active
Size
6,854 SF
Total Parking Spaces
23
Property subtype
Office
Zoning
PDC
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
6,854 SF
Year Built
1978
Year Renovated
2002
Buildings
1
Stories
1
Construction
concrete tilt-up
Listing Agency:
Macadam Forbes
Listed By:
Todd Collins · License #WA #26945
(503) 972-7283
Source:
Macadamforbes
Added: Sep 12
Last Checked: Sep 12 at 2:59PM
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 Macadam Forbes
Investment Insights
Based on property information with market context.
This single-level office property contains 6,854 square feet, including 5,417 square feet of finished office area and 1,445 square feet assigned to garage and storage use. The concrete tilt-up structure was renovated in 2002 and includes a grade-level overhead door on the north side, creating a practical blend of workspace and utility area. The building will be delivered vacant at closing and is zoned PDC.
Located off SW Boones Ferry Road in Wilsonville’s Coffee Creek submarket, the property sits within an established business park corridor. Access to I-5 is available through the Wilsonville Road interchange, supporting regional connectivity for office and service operations.
Located off SW Boones Ferry Road in Wilsonville’s Coffee Creek submarket, the property sits within an established business park corridor. Access to I-5 is available through the Wilsonville Road interchange, supporting regional connectivity for office and service operations.
Key Highlights
- 6,854 SF single‑story office building
- 5,417 SF of finished office space
- 1,445 SF garage and storage area
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
$88,723
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
5.30%
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%
$1,774,460
$1.8M
Cap Rate 7%
$1,267,471
$1.3M
Cap Rate 9%
$985,811
$985.8K
Market Conditions
NOI Build-Up for 6,854 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
$156.3K $22.80/SF
− Vacancy
−$38.0K −$5.54/SF
EGI
$118.3K $17.26/SF
− OpEx
−$29.6K −$4.31/SF
NOI
$88.7K $12.94/SF
Area
Clackamas County, OR
Vacancy
24.30%
Lease Rate
$22.80 /SF/Yr
Expense Ratio
25.00%
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%
$1,774,460
Cap Rate 7%
$1,267,471
Cap Rate 9%
$985,811
Alternative Uses
Best Use
Office B
$1.27M
$1.11M – $1.48M
NOI $88,723 @ 7.0% cap · market cap 5.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.85M
$1.62M – $2.16M
NOI $129,504 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
654
Businesses Nearby
Explore this area
Business Placement
Demographics for 97070, OR
26,443
Population
11,275
Households
2.3
Avg Household Size
39
Median Age
47%
College-Educated
96%
High-School Grad
17.8 sq mi
ZIP Area
1,486
Density / Sq Mi
$89,953
Median Household Income
$48,596
Median Earnings
$1,842
Median Rent
$601,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Renovated concrete tilt-up property with dedicated garage and storage space for office, service, or light distribution operations.
Where is this office building located?
The property is located at 8600 SW Saint Helens Dr Wilsonville, OR.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: 6,854 SF single‑story office building; 5,417 SF of finished office space; 1,445 SF garage and storage area
