16550 Mcloughlin Blvd, Milwaukie, OR 97267-4869
This exceptional investment opportunity presents a 12-unit strip mall ideally situated at 16550 SE McLoughlin Blvd in Milwaukie, Oregon. The property boasts a total of 31,564 square feet across three distinct buildings situated on a generous 2.96-acre lot. The property features a prominent monument sign ensuring high visibility and convenient access with two points of ingress and egress. Building 1, encompassing 5,464 square feet, is currently occupied by a long-term tenant, Round Table Pizza. Building 2, a substantial 17,700 square feet, houses a mix of six tenants, including three larger and three smaller businesses. Finally, Building 3 offers 8,400 square feet and accommodates five additional tenants. The property benefits from a strong history of long-term tenants, indicating a stable and reliable income stream. This well-maintained and strategically located strip mall presents a compelling investment opportunity for discerning buyers seeking a proven, high-performing commercial asset in a thriving Oregon market. The substantial size, diverse tenant base, and prime location combine to create a truly exceptional investment prospect. The property's established tenant roster and visible location contribute to its strong potential for continued growth and profitability. This is a rare opportunity to acquire a well-established and highly sought-after commercial property in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C3 · Milwaukie, ORMilwaukie. Always verify with local authorities before improvements.
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.