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High-Visibility Office Building For Sale

11000 SW Barbur Boulevard, Portland, OR 97219

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For Sale

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Two-story office building on Barbur Boulevard with excellent visibility.

Type:Office

Property size:

6,000 SF

Price / SF:

$233/SF

HighLights

Highly visible location on SW Barbur Boulevard, a major Portland corridor.
Building and monument signage available.
Quick access to downtown Portland, Interstate 5, Highway 99, and Highway 217.
First‑floor office space featuring eight private offices, a breakroom, and two large open areas.
Proximity to restaurants and coffee shops.
Future access to proposed light rail expansion.

We can help!

Contact an agent

Joe Kappler

For Sale

Contact for pricing

Two-story office building on Barbur Boulevard with excellent visibility.

Type:Office

Property size:

6,000 SF

Price / SF:

$233/SF

Added:: Apr 3, 2024
Days on Market:: 826
Last Refresh:: Jul 4 at 9:18 am

Property Features for 11000 SW Barbur Boulevard

General Information

Standard status: Active
Size: 6,000 SF
Property subtype: Office

We can help!

Contact an agent

Joe Kappler

Listing office Macadam Forbes

Listing date Apr 3, 2024

Source Crexi

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 Macadam Forbes

HighLights

Highly visible location on SW Barbur Boulevard, a major Portland corridor.
Building and monument signage available.
Quick access to downtown Portland, Interstate 5, Highway 99, and Highway 217.
First‑floor office space featuring eight private offices, a breakroom, and two large open areas.
Proximity to restaurants and coffee shops.
Future access to proposed light rail expansion.

Overview

This highly visible two-story office building is located on SW Barbur Boulevard, near the Highway 99 and Interstate 5 interchange. The property features a large monument sign facing SW Barbur Boulevard, along with building signage. Situated on a major corridor for the city of Portland, the location provides quick access to downtown Portland and local freeways, including Interstate 5, Highway 99, and Highway 217. The property's location offers proximity to restaurants and coffee shops, as well as the proposed light rail expansion. The property has 6000 square feet of space. There is one available space for lease. The first-floor office space includes eight private offices, a breakroom, and two large open areas suitable for workspace or workstations.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$136.8k	$22.80
− Vacancy	−$33.2k	−$5.54
EGI	$103.6k	$17.26
− OpEx	−$25.9k	−$4.31
NOI	$77.7k	$12.94

6,000 SF · lease $22.80/SF/yr · vacancy 24.30% · expense 25.00%

Alternative Uses

Best Use

Office B

$1.11M

$970.9K – $1.29M (±1% cap)

NOI $77,668 @ 7.0% cap · market cap 5.55%

Second Best

—

no second resolved use

Theoretical Best

Office A

$1.68M

$1.47M – $1.97M (±1% cap)

NOI $117,946 @ 7.0% cap · market cap 8.42%

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

Property Profile Location Intelligence

Current Use by Public Records

Amber Dean - State ... Insurance Agency Clear Choice Insurance ... Insurance Agency Assurety Insurance & Consulting Insurance Agency Orlin H. Yoder, ... Registered General Nurse Monica A. Davis, LPN Registered General Nurse

Suggested Use

Location Insight

Map
Local Demand

City: Portland
County: Washington
State: Oregon
Longitude: -122.7303517
Latitude: 45.445888

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For sale
Office buildings
OR
Portland
97219
11000 SW Barbur Boulevard

What type of property is this?

Office building - Two-story office building on Barbur Boulevard with excellent visibility.

Where is this office building located?

The property is located at 11000 SW Barbur Boulevard Portland, OR.

What is the asking price?

The asking price for this property is $1,400,000.

What are key features of this property?

This property features: Highly visible location on SW Barbur Boulevard, a major Portland corridor.; Building and monument signage available.; Quick access to downtown Portland, Interstate 5, Highway 99, and Highway 217.