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    5051 Western Ave Beaverton, OR 97005

    Sponsored
    For Lease
    Contact for pricing

    60,000 SF Manufacturing/Distribution Building

    Lot size:
    60,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 60,000-square-foot industrial property, located at 5051 SW Western Avenue in Beaverton, Oregon, presents a significant sublease opportunity. The single-tenant building sits on a 5.61-acre lot and boasts a spacious layout ideal for manufacturing or distribution operations. High ceilings ranging from 20 to 22 feet provide ample vertical space, complemented by five loading docks and one drive-in door for efficient material handling. Ample parking is available with 67 stripped parking stalls. The property features a substantial rebuild, including 3,000 square feet of new office space, and upgraded utilities with a robust 3,000-amp, 480v, 3-phase electrical service, along with oversized water and gas service. Recent improvements also include new parking, signage, and landscaping. The property is zoned for industrial use by the City of Beaverton, offering flexibility for a wide range of businesses. This ready-for-immediate-occupancy space is situated in Washington County, Oregon, with a convenient Beaverton address and zip code 97005. The property's location offers excellent access to transportation networks and a skilled workforce. This is a rare opportunity to secure a well-maintained, modern industrial facility in a prime location.

    Property Features for 5051 Western Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    60,000 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    60,000 SF

    HighLights

    • 60,000 SF industrial building on a 5.61‑acre lot in Beaverton, OR.
    • 67 surface parking stalls.
    • Expansion potential for office and warehouse space.
    • 1.79‑acre adjacent lot available for future development.
    • Sublease expires February 28, 2032.
    • Owner‑brokered listing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Natureworx Produce pack ... Store

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beaverton
    County
    Washington
    State
    Oregon
    Longitude
    -122.7837002
    Latitude
    45.4829762

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    FAQs

    What type of property is this?
    Distribution property - 60,000 SF Manufacturing/Distribution Building
    Where is this distribution property located?
    The property is located at 5051 Western Ave Beaverton, OR.
    What are key features of this property?
    This property features: 60,000 SF industrial building on a 5.61-acre lot in Beaverton, OR.; 67 surface parking stalls.; Expansion potential for office and warehouse space.
    Request Owner's contact information
    5051 Western Ave Beaverton, OR 97005
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    Beaverton, OR 97005
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5051 Western Ave Beaverton, OR 97005
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