6601 SE Foster Rd Portland, OR 97206
6601 SE Foster Rd, Portland, OR, 97206
Contact for pricing
For Sale
Contact for pricing
Pending
Retail space
Property Size3,017 SF
Days on Market757
Property Features for 6601 SE Foster Rd
General Information
- Standard status
- Pending
- Size
- 3,017 SF
- Property subtype
- Retail, Office
Building Details
- Year Built
- 1958
Listing agency
Ethos Commercial Advisors
Listed by
Dana Solof · License #OR 201212599
Source
Crexi
Added: Jun 25, 2024 Updated: Jul 10 at 3:44PM Checked: Jul 19 at 9:19AM
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 Ethos Commercial Advisors
Investment Insights
Based on property information with market context.
Key Highlights
- Well‑maintained building suitable for service retail, medical, veterinarian, or small office use
- Includes parking
- Located on a bustling section of SE Foster Road
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 | $54.3k | $18.00 |
| − Vacancy | −$4.6k | −$1.53 |
| EGI | $49.7k | $16.47 |
| − OpEx | −$14.9k | −$4.94 |
| NOI | $34.8k | $11.53 |
3,017 SF · lease $18.00/SF/yr · vacancy 8.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$496.9K
$434.8K – $579.7K
NOI $34,783 @ 7.0% cap · market cap 6.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$847.2K
$741.3K – $988.5K
NOI $59,307 @ 7.0% cap · market cap 10.80%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
AAA Appliance Service ...
Home Appliance Store
Foster Area Business ...
Association Or Organization
Similar For Sale Nearby
FAQs
Where is this retail space located?
The property is located at 6601 SE Foster Rd Portland, OR.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Well‑maintained building suitable for service retail, medical, veterinarian, or small office use; Includes parking; Located on a bustling section of SE Foster Road
