For Sale
$2,195,000

6335 Harmony RdMilwaukie, OR 97222

NNN Storefront, High Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
115

Highlights

  • 2,400 SF single-tenant NNN retail building in Milwaukie, OR.
  • 4.97% cap rate with a stabilized investment profile.
  • 2021 renovated building on a 0.16-acre lot, CL/Mixed Use zoning.
  • 26-year lease (5-year base, five 5-year options) with NECTAR, a leading cannabis retailer; rent escalates to $14,630/month.
  • Absolute NNN lease; tenant pays all operating expenses.
  • Asking price: $2,195,000 ($914.58/SF).

Property Details for 6335 Harmony Rd

Property type
Retail properties, Retail space
Square Feet
2,400 SF
Class
B
Year Renovated
2021
Buildings
1
Stories
1
Lot Size (sq. ft)
6,970 SF

Location Insight

City
Milwaukie
County
Clackamas
State
Oregon
Latitude
45.4322018
Longitude
-122.5976825
6335 Harmony Rd, Milwaukie, Oregon
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6335 Harmony Rd
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