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    OFF-MARKET
    Warehouses

    0 Airport Way, Gresham, OR 97230

    216,696 SF Built 2024
    Property ID
    Property summary
    AI-generated overview

    This exceptional industrial property, known as Portland Portal III, presents a significant opportunity in Gresham, Oregon's thriving Airport Way submarket. Comprising two modern buildings totaling 216,696 square feet, this facility boasts impressive features ideal for distribution and warehouse operations. Constructed in 2024, the buildings feature a desirable mix of 32' and 36' clear ceiling heights, providing ample vertical space for efficient storage and operations. The property includes 57 dock-high doors and 4 grade-level doors, ensuring seamless loading and unloading. Built with durable concrete tilt-up construction, the buildings are designed for longevity and functionality. The property is zoned General Industrial (GI), offering flexibility for a variety of uses. Ample parking is provided with 156 auto parking stalls. The strategic location at the signalized intersection of NE Sandy Boulevard and NE Airport Way offers excellent access to major transportation arteries, enhancing logistics and distribution efficiency. Furthermore, the property is divisible to accommodate tenants requiring spaces as small as 25,000 square feet, making it suitable for a range of business needs. This property represents a rare opportunity to acquire a state-of-the-art industrial facility in a prime location. The combination of size, features, and location makes this an exceptional investment opportunity. Located in Multnomah County, Oregon, with a 97230 zip code, this property is ready for immediate occupancy.

    Property profile
    Verified
    Property type Warehouses
    Year built 2024
    Total area 216,696 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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