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    20055 Pacific Hwy Sherwood, OR 97140

    Sponsored
    For Lease
    $25 SF/Yr

    Modern Office Space, Excellent Location

    Lot size:
    18,351 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional two-story, Class B office building, totaling 18,351 square feet, presents a compelling investment opportunity in Sherwood, Oregon. Built in 2000 and extensively renovated in 2023, the property boasts a prime location on SW Pacific Highway, directly across from a Home Depot, ensuring high visibility and convenient access. The building comprises three suites, with 3,109 square feet currently vacant, offering immediate potential for lease income. Suite sizes range from 487 to 1,210 square feet, catering to a variety of business needs. The 1.54-acre lot provides ample parking for tenants and visitors. Recent upgrades include significant improvements to the common areas and building infrastructure. All utilities are included, along with internet access, making this a highly attractive offering for prospective tenants. The property also features a prominent monument sign with available signage space for increased brand visibility. The building includes an elevator for convenient access to both floors. The property's APN is R124996218. This is a turn-key opportunity to acquire a well-maintained, updated office building in a thriving location. The combination of modern amenities, convenient location, and ample parking makes this property an ideal investment for both owner-occupiers and investors seeking strong rental income.

    Property Features for 20055 Pacific Hwy

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    18,351 SF
    Class
    B
    Total Rate
    38231.25

    Building Details

    Year Built/Renovated
    2000/2023
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    105
    Size
    950 SF
    Rate per SF
    $25
    Space
    107
    Size
    949 SF
    Rate per SF
    $25
    Space
    202
    Size
    1,210 SF
    Rate per SF
    $25
    Space
    209
    Size
    487 SF
    Rate per SF
    $25

    HighLights

    • 18,351 SF Class B office building on 1.54 acres in Sherwood, OR, built in 2000, extensively renovated in 2023.
    • High‑visibility location on SW Pacific Highway across from Home Depot.
    • Three suites totaling 18,351 SF, with 3,109 SF currently vacant. Suite sizes range from 487 to 1,210 SF.
    • Recent upgrades include common area and infrastructure improvements; includes elevator, ample parking, and prominent monument signage.
    • Utilities and internet included; asking price $25/SF/year for Suite 202 (1210 SF), which features multiple offices and a conference room. Suite 107 (949 SF) has two large offices and an open workspace. Suite 105 (950 SF) is remodeled with LVP flooring, new paint, updated doors, four office spaces, and a reception area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sherwood Chiropractic & Rehab. ... Chiropractor Farmers Insurance - Jason ... Insurance Agency Horace Mann Insurance ... Auto Insurance Agency Sustainable Logistics Freight Forwarding Service Lexemy Law Legal Services

    Suggested Use

    Realty agency Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Sherwood
    County
    Washington
    State
    Oregon
    Longitude
    -122.8385022
    Latitude
    45.3742852

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    FAQs

    What type of property is this?
    Office Property / Space - Modern Office Space, Excellent Location
    Where is this office property / space located?
    The property is located at 20055 Pacific Hwy Sherwood, OR.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: 18,351 SF Class B office building on 1.54 acres in Sherwood, OR, built in 2000, extensively renovated in 2023.; High-visibility location on SW Pacific Highway across from Home Depot.; Three suites totaling 18,351 SF, with 3,109 SF currently vacant. Suite sizes range from 487 to 1,210 SF.
    Request Owner's contact information
    20055 Pacific Hwy Sherwood, OR 97140
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    Sherwood, OR 97140
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    20055 Pacific Hwy Sherwood, OR 97140
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