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    FOR LEASE
    Medical Office Space

    12850 SW Canyon Rd, Beaverton, OR 97005

    0.34 ac lot
    Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US71-0434053
    Property summary
    AI-generated overview

    This exceptional 2,100 square foot medical or dental office space is ideally situated on highly trafficked SW Canyon Road in Beaverton's vibrant downtown core. Recently remodeled, this move-in ready suite boasts five plumbed operatory rooms, a panoramic x-ray room, lab, kitchen and break area, conference room, administrative office, data room, and a reception/waiting area. The stylish updates include luxury vinyl tile flooring and barn doors. The property offers ample on-site parking (33 spaces) in a spacious lot, and benefits from excellent visibility with a street pylon sign. This location provides convenient access to public transportation, being within half a block of multiple TriMet bus lines and less than a mile from Highway 217 (exit 2A, accessible from both Canyon and Farmington Roads). The building itself is a single-story, 5,000 square foot structure on a 0.46-acre lot, with a total of four suites. Currently, 2,100 square feet are vacant. The property is zoned RC-OT ("Regional Center - Old Town") and is surrounded by a wealth of retail amenities, including Target, Fred Meyer, Trader Joe's, and many other national retailers and restaurants. The city offers potential grant funding of over $50,000 for eligible tenant improvements. This is a remarkable opportunity to establish or expand a medical practice in a thriving, high-demand area.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Lot 0.34 ac (14,810 SF)
    Zoning code RC-OT
    APN 1S116AA-05200
    UPID US71-0434053
    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
    Current use
    Occupant on record · Public records
    • Rohini Agarwal, DMD Dental Office
    • Jeffrey G. Firestone, DDS Dental Office
    • Canyon Road Chiropractic and Massage Alternative Medicine Practice Spa & Massage Center
    • Definition Dental Dental Office
    • Donald White Alternative Medicine Practice
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.50M
    Owner & transaction history
    Rashi Properties LLC · 5 yrs held
    Rashi Properties LLC
    since 2020
    Last sale
    $1.5M
    2 recorded transactions
    2020
    $1.5M
    2011
    Zoning & alternative use
    RC-OT · Beaverton, OR
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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