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kwcommercial.com 16365 Boones Ferry Rd, Lake Oswego, OR 97035 Each Office Independently Owned and Operated 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 or other 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 advisors should conduct your own investigation of the property and transaction. MIKE KAUFFMAN Oregon Licensed Principal Broker Commercial – Senior Director 0: 503.348.5125 [email protected] OFFERING SUMMARY SALE PRICE: $1,100,000 CAP RATE: 5.33% NOI: $58,680 LOT SIZE: 0.84 Acres BUILDING SIZE: 11,040 SF ZONING: Industrial MARKET: Beaverton SUBMARKET: Shaw St. PRICE / SF: $99.64 PROPERTY OVERVIEW Close to the busy Tualatin Valley Hwy in Beaverton. Nearby you'll find a variety of restaurants, grocery stores, pharmacies and retail shops. 36,590 SF lot with 2 buildings, but with room to add an additional building of approximately 15,000 SF of warehouse space on site. Currently it has two warehouse buildings leased out. 5,000 SF and 6,000 SF with 2 long-term tenants. The landlord pays property taxes, but all other utilities are paid by tenants. The current tenants are a mechanic 3,000 SF, an auto body shop 5,000 SF, and a new tenant starting 1-1-2020 3,000 SF. The buildings include two truck doors, four grade doors, and three phase electrical. Not for individual sale. PROPERTY HIGHLIGHTS 19390 and 19400 are two buildings on same tax lot with 2 long-term tenants Flex industrial properties Room to build a 15,000 SF building 2 truck doors, 4 grade doors, and three phase electrical Close to many shops and restaurants 19390 & 19400 SW Shaw St., Beaverton, OR 97007 INVESTMENT OPPORTUNITY - ROOM TO BUILD INDUSTRIAL FOR SALE

INVESTMENT OPPORTUNITY - ROOM TO BUILD · KW COMMERCIAL 16365 Boones Ferry Rd, Lake Oswego, OR 97035 Confidentiality & Disclaimer MIKE KAUFFMAN Oregon Licensed Principal Broker Commercial

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Page 1: INVESTMENT OPPORTUNITY - ROOM TO BUILD · KW COMMERCIAL 16365 Boones Ferry Rd, Lake Oswego, OR 97035 Confidentiality & Disclaimer MIKE KAUFFMAN Oregon Licensed Principal Broker Commercial

kwcommercial.com

16365 Boones Ferry Rd, Lake Oswego, OR 97035Each Office Independently Owned and Operated

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 aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, 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.

MIKE KAUFFMANOregon Licensed Principal BrokerCommercial – Senior Director0: [email protected]

OFFERING SUMMARY

SALE PRICE: $1,100,000

CAP RATE: 5.33%

NOI: $58,680

LOT SIZE: 0.84 Acres

BUILDING SIZE: 11,040 SF

ZONING: Industrial

MARKET: Beaverton

SUBMARKET: Shaw St.

PRICE / SF: $99.64

PROPERTY OVERVIEWClose to the busy Tualatin Valley Hwy in Beaverton. Nearby you'll find a variety ofrestaurants, grocery stores, pharmacies and retail shops.

36,590 SF lot with 2 buildings, but with room to add an additional building ofapproximately 15,000 SF of warehouse space on site. Currently it has twowarehouse buildings leased out. 5,000 SF and 6,000 SF with 2 long-term tenants.The landlord pays property taxes, but all other utilities are paid by tenants. Thecurrent tenants are a mechanic 3,000 SF, an auto body shop 5,000 SF, and a newtenant starting 1-1-2020 3,000 SF. The buildings include two truck doors, fourgrade doors, and three phase electrical. Not for individual sale.

PROPERTY HIGHLIGHTS• 19390 and 19400 are two buildings on same tax lot with 2 long-term tenants

• Flex industrial properties

• Room to build a 15,000 SF building

• 2 truck doors, 4 grade doors, and three phase electrical

• Close to many shops and restaurants

19390 & 19400 SW Shaw St., Beaverton, OR 97007

INVESTMENT OPPORTUNITY - ROOM TO BUILD

INDUSTRIAL FOR SALE

Page 2: INVESTMENT OPPORTUNITY - ROOM TO BUILD · KW COMMERCIAL 16365 Boones Ferry Rd, Lake Oswego, OR 97035 Confidentiality & Disclaimer MIKE KAUFFMAN Oregon Licensed Principal Broker Commercial

kwcommercial.com

16365 Boones Ferry Rd, Lake Oswego, OR 97035Each Office Independently Owned and Operated

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 aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, 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.

MIKE KAUFFMANOregon Licensed Principal BrokerCommercial – Senior Director0: [email protected]

19390 & 19400 SW Shaw St, Beaverton, OR 97007

EXTERIOR PHOTOS

INDUSTRIAL FOR SALE

Page 3: INVESTMENT OPPORTUNITY - ROOM TO BUILD · KW COMMERCIAL 16365 Boones Ferry Rd, Lake Oswego, OR 97035 Confidentiality & Disclaimer MIKE KAUFFMAN Oregon Licensed Principal Broker Commercial

kwcommercial.com

16365 Boones Ferry Rd, Lake Oswego, OR 97035Each Office Independently Owned and Operated

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 aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, 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.

MIKE KAUFFMANOregon Licensed Principal BrokerCommercial – Senior Director0: [email protected]

POPULATION 1 MILE 3 MILES 5 MILES

Total population 17,864 124,543 285,837

Median age 33.7 32.5 33.8

Median age (male) 32.5 31.8 32.6

Median age (Female) 35.0 33.4 34.9

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 6,020 45,468 108,160

# of persons per HH 3.0 2.7 2.6

Average HH income $64,320 $70,302 $77,122

Average house value $250,656 $272,756 $319,196

* Demographic data derived from 2010 US Census

19390 & 19400 SW Shaw St, Beaverton, OR 97007

DEMOGRAPHICS

INDUSTRIAL FOR SALE

Page 4: INVESTMENT OPPORTUNITY - ROOM TO BUILD · KW COMMERCIAL 16365 Boones Ferry Rd, Lake Oswego, OR 97035 Confidentiality & Disclaimer MIKE KAUFFMAN Oregon Licensed Principal Broker Commercial

kwcommercial.com

16365 Boones Ferry Rd, Lake Oswego, OR 97035Each Office Independently Owned and Operated

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 aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, 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.

MIKE KAUFFMANOregon Licensed Principal BrokerCommercial – Senior Director0: [email protected]

19390 & 19400 SW Shaw St., Beaverton, OR 97007

LOCATION MAPS

INDUSTRIAL FOR SALE

Page 5: INVESTMENT OPPORTUNITY - ROOM TO BUILD · KW COMMERCIAL 16365 Boones Ferry Rd, Lake Oswego, OR 97035 Confidentiality & Disclaimer MIKE KAUFFMAN Oregon Licensed Principal Broker Commercial

kwcommercial.com

16365 Boones Ferry Rd, Lake Oswego, OR 97035Each Office Independently Owned and Operated

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 aboutit. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, 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.

MIKE KAUFFMANOregon Licensed Principal BrokerCommercial – Senior Director0: [email protected]

19390 & 19400 SW Shaw St, Beaverton, OR 97007

RETAILER MAP

INDUSTRIAL FOR SALE

Page 6: INVESTMENT OPPORTUNITY - ROOM TO BUILD · KW COMMERCIAL 16365 Boones Ferry Rd, Lake Oswego, OR 97035 Confidentiality & Disclaimer MIKE KAUFFMAN Oregon Licensed Principal Broker Commercial

KW COMMERCIAL

16365 Boones Ferry Rd,

Lake Oswego, OR 97035

Confidentiality & Disclaimer

MIKE KAUFFMANOregon Licensed Principal BrokerCommercial – Senior Director0: [email protected]

All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates and/or any third party sourcesare provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliancewith applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of theproperty for any party’s intended use or any and all other matters.

Neither KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy orcompleteness of the materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, thatmay be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters ofsignificance to such party. KW Commercial will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed inwriting.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections andinvestigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by theparty including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. KW Commercialmakes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. KW Commercialdoes not serve as a financial advisor to any party regarding any proposed transaction.

All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data orperformance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can beestablished at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as marketconditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party withan attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by theparty with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmentalrequirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. Allproperties and services are marketed by Portland Premiere in compliance with all applicable fair housing and equal opportunity laws.

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. Itis submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, 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.

OFFERING MEMORANDUM

PRESENTED BY:

BEAVERTON, OR