5150 Basin Ave, Portland, OR 97217
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.
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The Deal Buyer Marketing & Advertising IT Consulting Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.