6335 Harmony Rd, Milwaukie, OR 97222

Exceptional investment opportunity: a 2,400 square foot, single-tenant, absolute NNN retail storefront located at 6335 SE Harmony Rd, Milwaukie, OR 97222. This Class B property boasts a 4.97% cap rate and a stabilized investment profile. The building, renovated in 2021, sits on a 0.16-acre lot zoned CL/Mixed Use. Currently occupied by a leading cannabis sales company, NECTAR, under a lease with 26 years remaining (5-year lease with five 5-year options). Rent starts at $9,000 per month, escalating to $14,630 per month in the final option period. The tenant is responsible for all operating expenses, including taxes, insurance, and maintenance, providing the owner with a truly passive investment. The asking price is $2,195,000 ($914.58/sq ft). This property is ideal for a 1031 exchange. The strong tenant and long-term lease provide exceptional stability and potential for significant return on investment. The property features one building, one story, and is 100% occupied. APN: 12E32CC08f402.