4605 Beaverton Hillsdale HwyPortland, OR 97221

For Sale
$2,000,000

12,000 SF, 10% Cap Rate, Multi-Use

Overview

Added:
Dec 11, 2024
Days on market:
93
This Portland, Oregon industrial property, located at 4605 SW Beaverton Hillsdale Hwy, 97221, offers 12,000 square feet of net rentable space across three stories in a single building. Currently 100% occupied, the property boasts a 10% capitalization rate and features a mix of distribution, flex, and manufacturing uses. The building includes one loading dock with twelve dock-high doors and ceiling heights ranging from 10 to 20 feet. Ten parking spaces are available, primarily on the lower level. The property has undergone renovations within the last two years and offers rent bumps. The lower floor (8500 sq ft) is currently subleased, but could be used for cannabis or distribution. The middle floor is used for processing, and the top floor for delivery. This is a 1031 exchange-eligible net lease investment opportunity with 100% ownership. The property is exceptionally visible and centrally located in Multnomah County.

Highlights

  • Prime Central Location
  • Abundant Lower-Level Parking
  • Exceptional Cap Rate

Property Details for 4605 Beaverton Hillsdale Hwy

Property type
Other specialty properties, Other mixed-use properties
Year Renovated
2
Buildings
1
Stories
3

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.485935450677
Longitude
-122.72435186118
4605 Beaverton Hillsdale Hwy, Portland, Oregon

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4605 Beaverton Hillsdale Hwy
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