Hudson Plaza | 12950 SW Pacific Hwy
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Hudson Plaza 12950 SW Pacific Hwy
22,670 SF 100% Leased Retail Building Tigard, OR 97223 $5,600,000 ($247/SF) 6.80% Cap Rate
Investment Highlights
- Recently Remodeled
- CG Zone (mixed use friendly)
- 38,000 Vehicles Per Day
- New Roof
- High Visibility Location & Signage
- Close to Freeway Access
Executive Summary
NEW TO MARKET! Introducing a prime investment opportunity in the heart of Tigard, Oregon on Highway 99. This 18,545 SF commercial building, constructed in 1993 and recently remodeled, offers a lucrative prospect for retail/strip center investors. Zoned CG and boasting a 100% occupancy rate, this fully performing property presents a stable income stream with significant potential for growth. The property features a modern design, ample parking, and high visibility, making it an attractive option for retail businesses. With a strong tenant base and a well-maintained structure, this property is an ideal addition to any investment portfolio. Don't miss the chance to capitalize on this outstanding retail real estate opportunity in a sought-after location.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
22,670 SF
Building Class
B
Year Built/Renovated
1979/2022
Price
$5,600,000
Price Per SF
$247
Cap Rate
6.80%
NOI
$380,800
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.37
Lot Size
1.39 AC
Zoning
CG - Uses: Office, Retail, Professional Services, Personal Services, Food, Religious and Civic
Parking
60 Spaces (2.65 Spaces per 1,000 SF Leased)
Frontage
Amenities
- 24 Hour Access
- Bus Line
- Property Manager on Site
- Signage
Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (81)
Nearby Major Retailers
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | $0 | |
Land Assessment | $0 | Total Assessment | $1,825,030 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,825,030
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Hudson Plaza | 12950 SW Pacific Hwy
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