16565 Mcloughlin BlvdPortland, OR 97267

For Sale
$3,200,000

High-Cap Rate, Multi-Tenant Auto Shop

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional Portland investment property presents a rare opportunity to acquire a fully occupied, multi-tenant commercial building boasting a strong 6.00% capitalization rate. Located at 16565 SE McLoughlin Blvd in Clackamas County, Oregon, this 10,630 square foot building sits on a 1.05-acre lot (APN 00291721) and is zoned C3. The property features three units, currently operating as an auto shop, flex space, and storefront, ensuring diverse income streams. Built in 1974, the two-story building has recently undergone significant improvements, including a new roof and a remodeled interior. The property enjoys 100% occupancy, with the current lease agreements extending until June 30, 2026, under a NNN lease structure. This turnkey investment offers immediate cash flow and significant upside potential. The property's prime location in Portland, Oregon, provides excellent access to major transportation routes and a thriving local market. The combination of strong occupancy, a high cap rate, and recent renovations makes this an attractive investment for both seasoned and emerging commercial real estate investors. The asking price is $3,200,000. Contact us today to schedule a showing and explore this exceptional opportunity.

Highlights

  • $3,200,000 asking price for a 10,630 SF multi-tenant industrial/retail property.
  • NNN lease structure with 100% occupancy until 6/30/2026.
  • Three units in a two-story building on a 1.05-acre lot in Portland, Oregon.
  • 6.00% cap rate.
  • Recently renovated with a new roof.
  • C3 zoning.

Property Details for 16565 Mcloughlin Blvd

Property type
Other retail properties, Individual retail properties
Square Feet
10,630 SF
Year Built
1974
Buildings
1
Stories
2
Units
3

Location Insight

City
Portland
County
Clackamas
State
Oregon
Latitude
45.4034225
Longitude
-122.6230226
16565 Mcloughlin Blvd, Portland, Oregon

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
16565 Mcloughlin Blvd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message