10947- Holman St Portland, OR 97220
This exceptional Portland retail property, located at 10947-11003 NE Holman Street, offers a significant opportunity for businesses seeking ample space and high visibility. The property encompasses a total of 80,039 square feet across two suites within a building constructed in 1999. The minimum divisible space is 39,964 square feet, with a maximum contiguous space of 40,075 square feet. Currently, the entire 80,039 square feet is vacant, presenting a unique chance for a single large tenant or the potential for division. The property sits on a substantial 1.83-acre lot in Multnomah County, zoned EG2. Ample parking is available with 100 spaces. The site boasts fully paved and lit areas with striped auto spaces, making it particularly well-suited for businesses in the automotive sector, such as auto and truck leasing or sales, fleet storage, maintenance, management, or truck parking. A sublease with five years remaining offers multiple options for potential tenants. The property's location in Portland, Oregon, zip code 97220, provides excellent access to major transportation routes and a strong customer base. This is a rare opportunity to acquire a large, well-maintained retail space with significant potential.
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.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.