2705 E Burnside St, Portland, OR 97214
Two-story office building with elevator and on-site parking.
- Added:
- Apr 25, 2024
- Days on Market:
- 803
- Last Refresh:
- Jul 5 at 3:12 pm
Property Features for 2705 E Burnside St
General Information
- Standard status
- Active
- Size
- 18,815 SF
- Property subtype
- Office
Listing office Fuller Group (503) 367-0516
Listing date Apr 25, 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 Fuller Group
HighLights
- On‑site parking for your convenience.
- Elevator served, easily access all floors.
- Classic brick building exterior.
- Ideal office space for your business needs.
- This is a 2‑story building.
- Close‑in Portland location surrounded by amenities.
Overview
Local Financial Insights For Office B
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 | $429.0k | $22.80 |
| − Vacancy | −$104.2k | −$5.54 |
| EGI | $324.7k | $17.26 |
| − OpEx | −$81.2k | −$4.31 |
| NOI | $243.6k | $12.94 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.6378952
- Latitude
- 45.5232267
