5003 Lombard StPortland, OR 97203
For Sale
$1,595,000
High-Cap Rate, Fully Leased, Two Tenants
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 94
Highlights
- $1,595,000 asking price for a 3,440 SF multi-tenant retail property in Portland, OR.
- 7.68% cap rate with a $122,525 NOI.
- 100% occupancy with two tenants: a restaurant and a commercial kitchen.
- NNN lease structure with lease expirations in April 2026 and October 2025.
- Located at 5003 N Lombard St, Portland, OR 97203, on a 7,000 SF lot.
- Completely renovated in 2015, originally built in 1950.
Property Details for 5003 Lombard St
- Property type
- Other retail properties, Restaurants
- Square Feet
- 3,440 SF
- Year Built/Renovated
- 1950/2015
- Stories
- 1
Location Insight
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Latitude
- 45.581013465853
- Longitude
- -122.71980833158
5003 Lombard St, Portland, Oregon
Nearby Similar for Sale
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