9570 SW Barbur Blvd, Portland, OR 97219
34,722 SF office building with owner/user opportunity.
- Added:
- Apr 3, 2024
- Days on Market:
- 825
- Last Refresh:
- Jul 5 at 7:25 am
Property Features for 9570 SW Barbur Blvd
General Information
- Standard status
- Active
- Size
- 34,722 SF
- Property subtype
- Office
Listing office Macadam Forbes (503) 972-7294
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
- Rare owner/user opportunity to occupy up to 23,237 SF.
- Benefit from prominent building signage and monument signage facing I‑5 and Barbur Boulevard.
- Parking surrounds the building.
- 12,380 RSF available on the second floor.
- 10,857 RSF available on the third floor.
- Elevator service to each floor.
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 | $791.7k | $22.80 |
| − Vacancy | −$192.4k | −$5.54 |
| EGI | $599.3k | $17.26 |
| − OpEx | −$149.8k | −$4.31 |
| NOI | $449.5k | $12.94 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.7147705
- Latitude
- 45.455494
