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Property summary
This exceptional 60,000-square-foot industrial property, located at 5051 SW Western Avenue in Beaverton, Oregon, presents a significant sublease opportunity. The single-tenant building sits on a 5.61-acre lot and boasts a spacious layout ideal for manufacturing or distribution operations. High ceilings ranging from 20 to 22 feet provide ample vertical space, complemented by five loading docks and one drive-in door for efficient material handling. Ample parking is available with 67 stripped parking stalls. The property features a substantial rebuild, including 3,000 square feet of new office space, and upgraded utilities with a robust 3,000-amp, 480v, 3-phase electrical service, along with oversized water and gas service. Recent improvements also include new parking, signage, and landscaping. The property is zoned for industrial use by the City of Beaverton, offering flexibility for a wide range of businesses. This ready-for-immediate-occupancy space is situated in Washington County, Oregon, with a convenient Beaverton address and zip code 97005. The property's location offers excellent access to transportation networks and a skilled workforce. This is a rare opportunity to secure a well-maintained, modern industrial facility in a prime location.
Property profile
VerifiedCap rate & NOI
Current use
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Department Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Industrial District is intended to providesitesfor manufacturing, distribution, industrial uses, and uses requiring processing, fabrication and storage, including outdoor storage areas, heavy equipment and other simi…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
IND · Beaverton, ORThe Industrial District is intended to providesitesfor manufacturing, distribution, industrial uses, and uses requiring processing, fabrication and storage, including outdoor storage areas, heavy equipment and other simi…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Industrial District is intended to providesitesfor manufacturing, distribution, industrial uses, and uses requiring processing, fabrication and storage, including outdoor storage areas, heavy equipment and other simi…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IND in Beaverton, OR.
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Find the owner behind the property.
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