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www.kwcommercial.com
KW COMMERCIAL919 NE 19th AvePortland, OR 97232
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
BRIAN NORTONDirector0 503.444.5852brian.norton@kw.comOR #200910104 - WA #109604
OFFERING SUMMARY
SALE PRICE: $3,700,000
LOT SIZE: 1.5 Acres
YEAR BUILT: 1996
BUILDING SIZE: 13,697
ZONING: EG2
MARKET: Portland
SUBMARKET: Airport
PRICE / SF: $270.13
PROPERTY OVERVIEWThis unique opportunity to own a multi-tenant medical office building in Portland is now available to an owner-user or investorlooking for a long-term stable investment opportunity.
PROPERTY HIGHLIGHTS• Excellent location near I-205/I-84 near the airport
• Well maintained medical office building
• Building signage opportunities
• Elevator served
• Ample parking
• Proforma NOI if leased to new tenant(s) (based on May 2018 annualized NOI): $249,324
• Proforma CAP rate at 95%: 6.4%
5847 NE 122nd Avenue, Portland, OR 97203
COLUMBIA MEDICAL PLAZA
MEDICAL OFFICE FOR SALE
www.kwcommercial.com
KW COMMERCIAL919 NE 19th AvePortland, OR 97232
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
BRIAN NORTONDirector0 503.444.5852brian.norton@kw.comOR #200910104 - WA #109604
5847 NE 122nd Avenue, Portland, OR 97203
COLUMBIA MEDICAL PLAZA
OFFICE FOR SALE
www.kwcommercial.com
KW COMMERCIAL919 NE 19th AvePortland, OR 97232
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
BRIAN NORTONDirector0 503.444.5852brian.norton@kw.comOR #200910104 - WA #109604
5847 NE 122nd Avenue, Portland, OR 97203
COLUMBIA MEDICAL PLAZA
OFFICE FOR SALE
www.kwcommercial.com
KW COMMERCIAL919 NE 19th AvePortland, OR 97232
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
BRIAN NORTONDirector0 503.444.5852brian.norton@kw.comOR #200910104 - WA #109604
POPULATION 1 MILE 5 MILES 10 MILES
Total Population 3,555 289,646 1,095,616
Median Age 35.7 37.1 35.7
Median Age (Male) 32.3 36.5 35.2
Median Age (Female) 37.6 37.6 36.4
HOUSEHOLDS & INCOME 1 MILE 5 MILES 10 MILES
Total Households 1,269 113,420 433,628
# Of Persons Per HH 2.8 2.6 2.5
Average HH Income $62,723 $58,354 $63,724
Average House Value $277,320 $265,431 $313,973
* Demographic data derived from 2010 US Census
5847 NE 122nd Avenue, Portland, OR 97203
COLUMBIA MEDICAL PLAZA
OFFICE FOR SALE
www.kwcommercial.com
KW COMMERCIAL919 NE 19th AvePortland, OR 97232
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
BRIAN NORTONDirector0 503.444.5852brian.norton@kw.comOR #200910104 - WA #109604
TENANT NAME
UNIT
SIZE (RSF)
LEASE
EXPIRATION
MONTHLY
RENT
% OF
BUILDING
North Lake Physical Therapy 2,738 4/30/2020 $6,285.25 20%
5847 NE 122nd Avenue, Portland, OR 97203
COLUMBIA MEDICAL PLAZA
OFFICE FOR SALE
www.kwcommercial.com
KW COMMERCIAL919 NE 19th AvePortland, OR 97232
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
BRIAN NORTONDirector0 503.444.5852brian.norton@kw.comOR #200910104 - WA #109604
5847 NE 122nd Avenue, Portland, OR 97203
COLUMBIA MEDICAL PLAZA
OFFICE FOR SALE
www.kwcommercial.com
KW COMMERCIAL919 NE 19th AvePortland, OR 97232
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
BRIAN NORTONDirector0 503.444.5852brian.norton@kw.comOR #200910104 - WA #109604
5847 NE 122nd Avenue, Portland, OR 97203
COLUMBIA MEDICAL PLAZA
OFFICE FOR SALE
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