900 N Tomahawk Island Dr, Portland, OR
16,000 SF retail space with high visibility near I-5.
- Added:
- Oct 1, 2021
- Days on Market:
- 1721
- Last Refresh:
- May 20 at 9:28 pm
Property Features for 900 N Tomahawk Island Dr
General Information
- Standard status
- Active
- Size
- 16,000 SF
- Lot size
- 1.25 Acres
- Property subtype
- RETAIL
Listing agent Brock Switzer (503) 863-3518
Listing office HSM Pacific Retail Solutions (503) 863-3518
Listing date Oct 1, 2021
Source Moodyscre
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 HSM Pacific Retail Solutions
HighLights
- Excellent visibility to I‑5
- Traffic counts over 121,100 daily
- 54,001 SF parcel
- Attractive retail site for WA residents, no OR sales tax
- Located at OR / WA border
- Attractive contemporary design with wooden beams and glass storefront
Overview
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $288.0k | $18.00 |
| − Vacancy | −$21.6k | −$1.35 |
| EGI | $266.4k | $16.65 |
| − OpEx | −$79.9k | −$5.00 |
| NOI | $186.5k | $11.66 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.676
- Latitude
- 45.6097
