Mixed-Use Office and Retail
New
For Sale
$900,000
8890 Holly Lane, Wilsonville, OR 97070
A 1,850-square-foot vacant area offers room for occupancy within the 3,300-square-foot property.
Property Size3,300 SF
Price / SF$272.73
Days on Market3
Property Features for 8890 Holly Lane
General Information
Standard status
Active
Size
3,300 SF
Property subtype
Office
Additional Details
Asking Price
$900,000
Listing Agency:
CBRE | Portland
Listed By:
Joe Beehler · License #200407253
(503) 221-4818
Source:
Cbre
Added: Oct 2
Changed: Oct 3
Last Checked: Oct 4 at 7:14AM
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 CBRE | Portland
Investment Insights
Based on property information with market context.
The mixed-use property combines office and retail space across 3,300 square feet. A 1,850-square-foot portion is vacant, while the building is described as well maintained. Recent work restored the parking lot.
Located at 8890 Holly Lane in Wilsonville, Oregon, the property is offered for sale.
Located at 8890 Holly Lane in Wilsonville, Oregon, the property is offered for sale.
Key Highlights
- 3,300 square feet of office and retail space
- 1,850‑square‑foot vacant area
- Recent parking lot restoration
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
$51,840
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
5.76%
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%
$1,036,800
$1.0M
Cap Rate 7%
$740,571
$740.6K
Cap Rate 9%
$576,000
$576.0K
Market Conditions
NOI Build-Up for 3,300 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
$97.8K $29.64/SF
− Vacancy
−$14.9K −$4.51/SF
EGI
$82.9K $25.13/SF
− OpEx
−$31.1K −$9.43/SF
NOI
$51.8K $15.71/SF
Area
Clackamas County, OR
Vacancy
15.20%
Lease Rate
$29.64 /SF/Yr
Expense Ratio
37.50%
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%
$1,036,800
Cap Rate 7%
$740,571
Cap Rate 9%
$576,000
Alternative Uses
Best Use
Mixed Use
$740.6K
$648.0K – $864.0K
NOI $51,840 @ 7.0% cap · market cap 5.76%
Second Best
Office B
$610.3K
$534.0K – $712.0K
NOI $42,718 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$890.8K
$779.4K – $1.04M
NOI $62,353 @ 7.0% cap · market cap 6.93%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,042
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
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - A 1,850-square-foot vacant area offers room for occupancy within the 3,300-square-foot property.
Where is this mixed-use property located?
The property is located at 8890 Holly Lane Wilsonville, OR.
What is the asking price?
The asking price for this property is $900,000.
What are key features of this property?
This property features: 3,300 square feet of office and retail space; 1,850‑square‑foot vacant area; Recent parking lot restoration
