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18435 SW Pacific Hwy

6,740 SF Vacant Retail Building Tualatin, OR 97062 $2,200,000 ($326/SF)

Investment Highlights

  • 18435 SW Pacific Highway is an opportunity to purchase a multi-tenant mixed-use asset with a warehouse, office, and retail on a secured, fenced lot.
  • Building features include drive-in bays, oversized roll-up doors, a car lift, private restrooms, available indoor storage, and a large yard area.
  • Experience high traffic counts due to the location off Highway 99W, which is visited by over 300,000 vehicles per day and has easy access to I-5.
  • Located 4 miles from the premier outdoor lifestyle center, Bridgeport Village, boasting over 75 premier retail, boutique, and restaurant options.
  • Washington County location, just outside of Portland and the heart of the Tualatin Valley, with so much to do, like winemaking, cycling, and shopping.

Executive Summary

Embark on a high-visibility multi-tenant retail, office, and service-oriented warehouse asset perfectly positioned on Highway 99W in Tualatin, Oregon. 18453 SW Pacific Highway is great for a new owner looking for a site for auto-related uses, such as an auto dealership and automotive maintenance center or shop. One of the vacant suites is equipped with a car lift and has great exposure to the high daily traffic. This property generates monthly rental income with active commercial tenants under the lease and the seller may be willing to remain as a tenant.

This offering sits on 0.48 acres of paved, fenced land. The building spans 6,740 square feet, plus an addition to the property, which is not included in the property's size calculation. The building has been updated, with new pavement and overhead roll-up doors, and has three restrooms. The property offers a mixture of warehouse, office, and retail space with zoning for various uses. Each suite has a designated office/retail with private entry and parking. As tenants and visitors walk through each suite, they are guided into the warehouse area with roll-up overhead doors. The property lies on a fully paved fenced lot with parking options to display vehicles, boats, RVs, or other equipment.

18453 SW Pacific Highway is ideally positioned off Highway 99W, with approximately 300 feet of highway frontage, seeing over 30,896 vehicles daily. In addition, the site's position off Highway 99 W provides quick access to Downtown Portland and Interstate 5. The property is only 2 miles from the retailers and restaurants in Sherwood, Oregon, and 4 miles from the conveniences in Tigard. For managing freight overseas or coast to coast, this building is a 30-minute drive to the Port of Portland and 40 minutes from the Portland International Airport.

Tualatin, Oregon, is located southwest of Portland in Washington County and has a population of 28,061 residents. It is also one of the largest employment hubs for semiconductor manufacturing in Oregon. Tualatin is a regional leader in advanced manufacturing and informational technology. Some of the most notable companies to work for in this area include Helser Industries, Nortek Holdings, Campbell's, Jae Oregon Logistics, Legacy Health, Kai USA, and Pacific Foods.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Auto Dealership
Building Size
6,740 SF
Building Class
C
Year Built/Renovated
1990/2023
Price
$2,200,000
Price Per SF
$326
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
0.48 AC
Zoning
CG - General Commercial
Parking
30 Spaces (4.45 Spaces per 1,000 SF Leased)

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Services
  • -
  • -
  • -

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  • Family Motor Company
  • Services
  • -
  • -
  • -
  • Arts, Entertainment, and Recreation
  • -
  • -
  • -

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Tenant Industry SF OCCUPIED RENT/SF Lease End
Services - - -
Family Motor Company Services - - -
Arts, Entertainment, and Recreation - - -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 750-2,500 SF
  • Retail
  • In-Line
  • Now

High visibility location. Multi-tenant warehouse/retail/service-oriented building with a large yard area. The remaining space has a private restroom, warehouse, office, and overhead roll-up door. There is also a car lift that is perfect for an auto repair business. The property is nearly at full capacity; availability to lease remains. Contact for details.

  • B
  • 750-4,240 SF
  • Office
  • -
  • Now

High visibility location. Multi-tenant warehouse/retail/service-oriented building with a large yard area. The remaining space has a private restroom, warehouse, office, and overhead roll-up door. There is also a car lift that is perfect for an auto repair business. The property is nearly at full capacity; availability to lease remains. Contact for details.

Space Size Space Use Position Available
1st Floor 750-2,500 SF Retail In-Line Now
B 750-4,240 SF Office - Now

1st Floor

Size
750-2,500 SF
Space Use
Retail
Position
In-Line
Available
Now

B

Size
750-4,240 SF
Space Use
Office
Position
-
Available
Now

1st Floor

Size 750-2,500 SF
Space Use Retail
Position In-Line
Available Now

High visibility location. Multi-tenant warehouse/retail/service-oriented building with a large yard area. The remaining space has a private restroom, warehouse, office, and overhead roll-up door. There is also a car lift that is perfect for an auto repair business. The property is nearly at full capacity; availability to lease remains. Contact for details.

B

Size 750-4,240 SF
Space Use Office
Position -
Available Now

High visibility location. Multi-tenant warehouse/retail/service-oriented building with a large yard area. The remaining space has a private restroom, warehouse, office, and overhead roll-up door. There is also a car lift that is perfect for an auto repair business. The property is nearly at full capacity; availability to lease remains. Contact for details.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R0529351
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$361,490
  • Listing ID: 30118556

  • Date on Market: 11/17/2023

  • Last Updated:

  • Address: 18435 SW Pacific Hwy, Tualatin, OR 97062

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