2350 Multnomah Blvd Portland, OR 97219-3999
- Medical offices
- 13,584 SF
- 0.69 lot acres
Current Use by Public Records
- Cultivate Chiropractic Studio / Alternative Medicine Practitioner
- May David L DDS / Orthodontist
- Rohina Azizi / Dentist
- Richardson Cyndie / Dentist
- Detlefsen Tonya / Dentist
Property Details for 2350 Multnomah Blvd
- Year built
- 1973
- Lot size
- 0.69 lot acres
- Property size
- 13,584 SF
- Zone code
- CG
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 1S1E21CC 03100
- APU
- 1S1E21CC03100
Description
This exceptional 13,584 square foot medical office building, constructed in 1973, presents a unique leasing opportunity in Portland, Oregon. Located at 2350 SW Multnomah Blvd, 97219, this Class C, two-story building offers a diverse mix of medical tenants. Currently, 2,388 square feet are available for lease, providing a chance for a new practice to establish itself in a thriving medical community. The building boasts ample parking and features such as HEPA filtration, a shared waiting area, and a breakroom, enhancing the overall tenant experience. A 1,109 square foot ground floor suite is immediately available, priced at $18 per square foot on a modified gross lease. This second-generation space is perfectly suited for a variety of medical practices, including but not limited to orthodontics, ophthalmology, naturopathy, acupuncture, physical therapy, and chiropractic. The building's security cameras provide added peace of mind. This is an excellent opportunity to secure a well-located, functional space within an established medical center. The building's existing infrastructure and convenient location make it an ideal choice for a variety of medical professionals seeking to expand or establish their practice in the vibrant Portland market. Don't miss this chance to secure your space in this sought-after location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,110,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $940,000
- 6.5%
- $1,000,000
- 7%
- $925,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $805,000
- Geo Method
- $855,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $940,000
- Retail
- $840,000
- Mixed-Use
- $1,055,000
- Hospitality
- $895,000
- Educational
- $875,000
- Residential Income
- $870,000
- Energy
- $1,025,000
- Income-Based Land
- $820,000
- Food Service
- $810,000
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Longitude
- -122.702
- Latitude
- 45.4651
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
