17131 SW Boones Ferry Rd
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17131 SW Boones Ferry Rd
6,000 SF Retail Building Lake Oswego, OR 97035 $2,440,000 ($407/SF) 8.34% Cap Rate
Executive Summary
**REDUCED ASKING PRICE BY $50,000!**
Norris & Stevens, Inc. is pleased to present this investment opportunity located at 17131 SW Boones Ferry Rd in Lake Oswego, Oregon. This ± 6,000 SF building sits on ± 24,524 SF of land, and it's IP zoning allows for a wide variety of uses. Situated at the intersection of SW Boones Ferry Road and Pilkington Road, the location offers excellent visibility and access to I-5. Lake Oswego enjoys the highest household income demographics in the State of Oregon. This is a very high traffic area and a great opportunity for an owner/user or an investment property!
Norris & Stevens, Inc. is pleased to present this investment opportunity located at 17131 SW Boones Ferry Rd in Lake Oswego, Oregon. This ± 6,000 SF building sits on ± 24,524 SF of land, and it's IP zoning allows for a wide variety of uses. Situated at the intersection of SW Boones Ferry Road and Pilkington Road, the location offers excellent visibility and access to I-5. Lake Oswego enjoys the highest household income demographics in the State of Oregon. This is a very high traffic area and a great opportunity for an owner/user or an investment property!
Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Veterinarian/Kennel
Building Size
6,000 SF
Building Class
B
Year Built
1995
Price
$2,440,000
Price Per SF
$407
Cap Rate
8.34%
NOI
$203,550
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.56 AC
Zoning
IP - Planned Industrial (IP)
Parking
12 Spaces (2 Spaces per 1,000 SF Leased)
Frontage
126 FT on Boones Ferry Rd
Amenities
- Bus Line
- Signage
Bike Score®
Very Bikeable (80)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 00337237 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $666,491 |
PROPERTY TAXES
Parcel Number
00337237
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$666,491
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17131 SW Boones Ferry Rd
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