This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

1400 NE 48th Ave

49,058 SF Flex Building Hillsboro, OR 97124 $8,000,000 ($163/SF)

Investment Highlights

  • Close proximity to Hwy 26
  • Minutes from Intel Campus
  • Opposite Costco
  • Multiple tenants with a variety of allowable uses

Executive Summary

For sale is a large, 49,058 SF Flex building - Cornell Business Park III. It is a mixed use building that currently houses multiple office, retail, and specialty tenants and boasts many amenities. There are six grade level bay doors, two loading docks, plentiful warehouse space, airy entries, high ceilings, and much more.

Property Facts

Price $8,000,000
Price Per SF $163
Sale Type Investment or Owner User
Property Type Flex
Property Subtype
Light Distribution
  • Flex Research & Development
  • Showroom
  • Office Office Residential
Building Class B
Lot Size 2.78 AC
Rentable Building Area 49,058 SF
No. Stories 2
Year Built/Renovated 1994/2016
Parking Ratio 2.41/1,000 SF
Clear Ceiling Height 26 FT
No. Dock-High Doors/Loading 2
No. Drive In / Grade-Level Doors 6

Amenities

  • Bus Line
  • Signage
  • Reception
  • Storage Space
  • Monument Signage
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 3,250-7,604 SF
  • Office
  • Full Build-Out
  • Mar 2025

First and second floor connected suites can be divided. Elevator served building.

  • 2nd Floor
  • 192 SF
  • Office
  • Full Build-Out
  • Now

This corner office is a furnished space with large windows and natural light. Directly off a shared common lounge this space has a desk and office chair, sheer curtains, coffee table and lounge chairs, storage and access to a shared kitchenette. $1000 monthly for 1yr lease. The tenant is responsible for the internet.

  • 2nd Floor
  • 192 SF
  • Office
  • Full Build-Out
  • Now

This corner office is an executive space with large windows and natural light. Directly off a shared common lounge this space has a desk, feature walls, sheer curtains and access to a shared kitchenette. $1000 monthly with a 1 yr lease. The tenant is responsible for the internet.

  • 2nd Floor
  • 100 SF
  • Office
  • Full Build-Out
  • Now

This internal office is a move in ready space light walls and bright lighting. This office has access to a shared common lounge this space and a shared kitchenette. $450 monthly with a 1yr lease. The tenant is responsible for the internet.

  • 2nd Floor
  • 100 SF
  • Office
  • Full Build-Out
  • Now

This private office is a move in ready space with a window and natural light. Directly off the main hallway and with access to a shared common lounge. This space is move in ready and has access to a shared kitchenette. $550 monthly with 1yr lease. The tenant is responsible for the internet.

Space Size Space Use Condition Available
1st Floor 3,250-7,604 SF Office Full Build-Out Mar 2025
2nd Floor 192 SF Office Full Build-Out Now
2nd Floor 192 SF Office Full Build-Out Now
2nd Floor 100 SF Office Full Build-Out Now
2nd Floor 100 SF Office Full Build-Out Now

1st Floor

Size
3,250-7,604 SF
Space Use
Office
Condition
Full Build-Out
Available
Mar 2025

2nd Floor

Size
192 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size
192 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size
100 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Floor

Size
100 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

1st Floor

Size 3,250-7,604 SF
Space Use Office
Condition Full Build-Out
Available Mar 2025

First and second floor connected suites can be divided. Elevator served building.

2nd Floor

Size 192 SF
Space Use Office
Condition Full Build-Out
Available Now

This corner office is a furnished space with large windows and natural light. Directly off a shared common lounge this space has a desk and office chair, sheer curtains, coffee table and lounge chairs, storage and access to a shared kitchenette. $1000 monthly for 1yr lease. The tenant is responsible for the internet.

2nd Floor

Size 192 SF
Space Use Office
Condition Full Build-Out
Available Now

This corner office is an executive space with large windows and natural light. Directly off a shared common lounge this space has a desk, feature walls, sheer curtains and access to a shared kitchenette. $1000 monthly with a 1 yr lease. The tenant is responsible for the internet.

2nd Floor

Size 100 SF
Space Use Office
Condition Full Build-Out
Available Now

This internal office is a move in ready space light walls and bright lighting. This office has access to a shared common lounge this space and a shared kitchenette. $450 monthly with a 1yr lease. The tenant is responsible for the internet.

2nd Floor

Size 100 SF
Space Use Office
Condition Full Build-Out
Available Now

This private office is a move in ready space with a window and natural light. Directly off the main hallway and with access to a shared common lounge. This space is move in ready and has access to a shared kitchenette. $550 monthly with 1yr lease. The tenant is responsible for the internet.

Bike Score ®
Very Bikeable (74)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R2001843
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,887,310

zoning

Zoning Code IP (Industrial park)
IP (Industrial park)
  • Listing ID: 30171186

  • Date on Market: 11/27/2023

  • Last Updated:

  • Address: 1400 NE 48th Ave, Hillsboro, OR 97124

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}