Property profile

5150 Basin Ave Portland, OR 97217

OFF-MARKET
Warehouses
351,757 SF
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Property summary

AI-generated overview

This exceptional industrial property, located at 5150 N Basin Ave in Portland, Oregon's desirable Swan Island neighborhood (zip code 97217), offers a rare opportunity to lease a 25,150 square foot warehouse and distribution space. The building, part of the Premier Press Campus, boasts a total of 351,757 square feet and is currently configured for single-tenant occupancy. The available space features a generous 21-foot ceiling height, providing ample vertical storage capacity. Ten loading docks ensure efficient and streamlined operations. This prime location provides unparalleled access to Interstate 5, facilitating seamless transportation throughout the region. Its proximity to Portland's city center and marine terminals further enhances its strategic value for businesses requiring convenient access to major transportation hubs. The property is situated in Multnomah County and offers a significant advantage with its abundant loading dock positions relative to similarly sized spaces in the market. This is a unique opportunity to secure a well-located, functional, and spacious warehouse in a highly sought-after area of Portland.

Property profile

Verified
Property type Warehouses
Total area 351,757 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising IT Consulting Firm

Location

5150 Basin Ave Portland, OR 97217
Portland metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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