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    422 10Th Ave Hillsboro, OR 97123

    For Lease
    $14 SF/Yr ($12,486 /Mo)

    Prime Hillsboro retail space, corner location, A-class building.

    Lot size:
    10,369 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 10,369-square-foot freestanding retail building is situated on a prominent corner lot in the Hillsboro, Oregon submarket of Washington County. Classified as Class A, this single-tenant property offers a unique investment opportunity. The building is currently leased, with the lease expiring in December 2031. The current annual rent is $149,919, although the tenant is open to negotiating the lease rate. The property's address is 422 SE 10th Ave, Hillsboro, OR 97123. A tour of the space can be arranged upon request. This is an ideal opportunity for investors seeking a stable, long-term income stream from a high-quality retail property in a desirable location. The property's excellent visibility and convenient access make it an attractive option for a variety of retail businesses. Serious inquiries only.

    Property Features for 422 10Th Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,369 SF
    Class
    A
    Total Rate
    12486

    Unit(s) available at that property

    Space
    Size
    10,369 SF
    Rate per SF
    $14

    HighLights

    • 10,369 SF Class A freestanding retail building in Hillsboro, OR.
    • Located on a prominent corner lot at 422 SE 10th Ave, Hillsboro, OR 97123.
    • Single‑tenant, leased through December 2031, with current annual rent of $149,919 (negotiable).
    • Excellent visibility and convenient access.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Freestanding property

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hillsboro
    County
    Washington
    State
    Oregon
    Longitude
    -122.97388336697
    Latitude
    45.518714672008

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    FAQs

    What type of property is this?
    Individual retail property - Prime Hillsboro retail space, corner location, A-class building.
    Where is this individual retail property located?
    The property is located at 422 10Th Ave Hillsboro, OR.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 10,369 SF Class A freestanding retail building in Hillsboro, OR.; Located on a prominent corner lot at 422 SE 10th Ave, Hillsboro, OR 97123.; Single-tenant, leased through December 2031, with current annual rent of $149,919 (negotiable).
    Request Owner's contact information
    422 10Th Ave Hillsboro, OR 97123
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    Hillsboro, OR 97123
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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
    422 10Th Ave Hillsboro, OR 97123
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