545 SE Oak St, Hillsboro, OR 97123
Single-level commercial suite in downtown Hillsboro near medical center.
- Added:
- Sep 25, 2024
- Days on Market:
- 623
- Last Refresh:
- May 12 at 9:08 pm
Property Features for 545 SE Oak St
General Information
- Standard status
- Active
- Size
- 3,340 SF
- Property subtype
- Office
Building Details
- Year Built
- 1985
Listing agent Cameron Schwab License #201220872
Listing office KW Commercial Portland Premiere
Listing date Sep 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 KW Commercial Portland Premiere
HighLights
- Prime location in downtown Hillsboro, Oregon's 'Silicon Forest'.
- Close proximity to Hillsboro Medical Center and other businesses.
- Suitable for medical or professional office use.
- Shared 37‑stall parking lot, plus access to 22 gated stalls.
- Easy access to two MAX Light Rail stops (3 blocks away).
- Part of the Pacific Medical Building.
Overview
Local Financial Insights For Healthcare Medical
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 | $88.2k | $26.40 |
| − Vacancy | −$5.3k | −$1.58 |
| EGI | $82.9k | $24.82 |
| − OpEx | −$33.2k | −$9.93 |
| NOI | $49.7k | $14.89 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Hillsboro Veterinary Clinic — 142 SW Baseline St, Hillsboro, OR 97123
Location Insight
- Map
- Local Demand
- City
- Hillsboro
- County
- Washington
- State
- Oregon
- Longitude
- -122.9816589
- Latitude
- 45.518888
