I-5 Frontage Commercial
29755 SW Boones Ferry Rd, Wilsonville, OR 97070
Commercial property with excellent I-5 frontage and exposure.
Type:Industrial, Office
Property size:
13,534 SFPrice / SF:
$217/SF- Added:
- Apr 23, 2024
- Days on Market:
- 771
- Last Refresh:
- May 12 at 8:54 pm
Property Features for 29755 SW Boones Ferry Rd
General Information
- Standard status
- Active
- Size
- 13,534 SF
- Property subtype
- Industrial, Office
Building Details
- Year Built
- 1995
Listing agent Jim Wierson II License #OR 201217195
Listing office Capacity Commercial Group
Listing date Apr 23, 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 Capacity Commercial Group
HighLights
- Excellent frontage and exposure to I‑5 with high traffic volume (100,000+ VPD).
- Immediate access to I‑5.
- Easily accessible alternate routes available during peak traffic.
- Located in Wilsonville, a city with over 1,000 businesses and 20,165 full‑time jobs.
- Significant portion of employment in high‑wage industrial occupations.
- Strong local economy with a total regional economic impact of over $3.2 billion annually.
Overview
This commercial property features excellent frontage and exposure to I-5, which sees approximately 100,000+ vehicles per day. It offers immediate access to I-5, with easily accessible alternate routes available during peak traffic times. Wilsonville's business environment includes over 1,000 businesses providing 20,165 full-time jobs, with more than half in high-wage industrial occupations such as manufacturing or wholesale distribution. The total annual private-sector payroll in Wilsonville, including major employers like Mentor Graphics, Xerox, Sysco Foods, and Rockwell Collins, is nearly $1.1 billion annually, representing an 80-percent increase from 2000 and generating a total regional economic impact of over $3.2 billion annually. The property offers 13,534 square feet of flex space, suitable for industrial, manufacturing, distribution, or office use.
Local Financial Insights For Flex RnD
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 | $401.1k | $29.64 |
| − Vacancy | −$32.7k | −$2.42 |
| EGI | $368.5k | $27.22 |
| − OpEx | −$129.0k | −$9.53 |
| NOI | $239.5k | $17.70 |
13,534 SF · lease $29.64/SF/yr · vacancy 8.15% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$3.42M
$2.99M – $3.99M
NOI $239,495 @ 7.0% cap · market cap 8.12%
Second Best
Office B
$2.50M
$2.19M – $2.92M
NOI $175,194 @ 7.0% cap · market cap 5.94%
Theoretical Best
Office A
$3.65M
$3.20M – $4.26M
NOI $255,721 @ 7.0% cap · market cap 8.67%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Flex space
Location Insight
- Map
- Local Demand
- City
- Wilsonville
- County
- Clackamas
- State
- Oregon
- Longitude
- -122.7704114
- Latitude
- 45.305904
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Commercial property with excellent I-5 frontage and exposure.
Where is this flex space located?
The property is located at 29755 SW Boones Ferry Rd Wilsonville, OR.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: Excellent frontage and exposure to I‑5 with high traffic volume (100,000+ VPD).; Immediate access to I‑5.; Easily accessible alternate routes available during peak traffic.
