10209 Division St Portland, OR 97226

This exceptional investment opportunity presents a fully leased, three-building office complex located at 10209 SE Division St, Portland, Oregon, 97226. The property boasts a total of 15,340 square feet across three single-story buildings situated on a 1.62-acre lot. Currently operating at 100% occupancy, the complex features three tenants: Volunteers of America (7,340 sq ft, since 2011), NW Instituto Latino (3,700 sq ft), and Sober Living Oregon Treatment (4,300 sq ft). The property offers convenient access with two points of ingress and egress, and ample parking with 52 off-street stalls. The asking price is $3,186,184, representing a price per square foot of $207.70 and a 6.49% cap rate. The property's Net Operating Income (NOI) is $206,854. The lease type is modified, with rent bumps included. This stabilized investment offers a strong cash flow and significant potential for future growth. The property is classified as Class C and benefits from prominent signage on SE Division Street. This is a rare opportunity to acquire a well-maintained, multi-tenant office complex in a desirable Portland location.