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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

0 Saltzman Rd Portland, OR 97229

63,400 SF
Property ID
Property summary
AI-generated overview

Milltowner I offers a 1,785 square foot executive office space for lease within a larger 63,400 square foot retail and office building located at 12555 NW Cornell Rd, Portland, OR 97229. This Class C property is situated at the highly visible intersection of NW Cornell Road and NW Saltzman Road in the Cedar Mill neighborhood, a key gateway to several thriving Northwest Portland communities including Coleman, Bonny Slope, Bethany, and Forest Heights. The building features a strong anchor tenant, CVS Pharmacy, and Sunset 77 Athletic Club, ensuring high foot traffic and visibility. The location benefits from excellent access to major transportation arteries, serving as a strategic location for businesses seeking to tap into the robust economic activity of the "Silicon Forest," home to major technology companies such as Tektronix, Intel, and IBM. This single-suite space presents a unique opportunity for businesses seeking a prominent presence in a well-established and highly trafficked commercial center. The property is located in Washington County, Oregon. NW Saltzman Road sees 13,529 vehicles per day, and NW Cornell Road sees 14,301 vehicles per day. The available space is part of a multi-tenant building.

Property profile
Verified
Property type Retail properties & Spaces
Total area 63,400 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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CAP Approach CAP
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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