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    938-980 Oak St Hillsboro, OR 97123

    Sponsored
    For Lease
    $26 SF/Yr ($15,177 /Mo)

    7,005 SF Medical Office Space Available

    Lot size:
    7,005 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7,005-square-foot medical office building is ideally situated in Hillsboro, Oregon, at the high-traffic corner of SE Oak Street and 10th Avenue in Washington County. The entire building is currently vacant and presents a unique opportunity for a single tenant or multiple tenants seeking a prominent location. The property boasts ample parking, excellent exterior signage opportunities, and high visibility due to its strategic corner location. Daily traffic counts average 28,000 vehicles on 10th Avenue and 17,200 vehicles on SE Oak Street, ensuring significant exposure for any business operating within the building. The property's classification includes both retail and office space, making it versatile for a range of medical practices or related businesses. The address is 938-980 SE Oak Street, Hillsboro, OR 97123. The building's location benefits from proximity to established businesses such as Human Bean Coffee, Paisanos Plaza, and Super Mercado, creating a vibrant and convenient environment for patients and staff. This is a prime opportunity to establish a thriving medical practice in a high-traffic, well-established area of Hillsboro. The property is ready for immediate occupancy.

    Property Features for 938-980 Oak St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    7,005 SF
    Total Rate
    15177.5

    Unit(s) available at that property

    Space
    Suite 202
    Size
    7,005 SF
    Rate per SF
    $26

    HighLights

    • 7,005 SF medical office building in Hillsboro, OR, at SE Oak St & 10th Ave.
    • Building is currently vacant and divisible down to approximately 2,500 SF.
    • Fully built‑out and equipped medical space on the 2nd floor, elevator served.
    • High‑traffic corner location with ample parking and excellent signage opportunities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Medical offices

    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
    -122.9751674
    Latitude
    45.5181678

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    FAQs

    What type of property is this?
    Medical office - 7,005 SF Medical Office Space Available
    Where is this medical office located?
    The property is located at 938-980 Oak St Hillsboro, OR.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: 7,005 SF medical office building in Hillsboro, OR, at SE Oak St & 10th Ave.; Building is currently vacant and divisible down to approximately 2,500 SF.; Fully built-out and equipped medical space on the 2nd floor, elevator served.
    Request Owner's contact information
    938-980 Oak St 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
    938-980 Oak St Hillsboro, OR 97123
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