2805-2815 SE Holgate Blvd
Portland, OR 97202
Holgate and 28th · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- All three tenants operate on NNN leases, allowing for reimbursement of management fees and amortized capital expenses.
- The well-maintained building was built with tilt-up concrete and has received two new HVAC units since 2014.
- The property is in an affluent Portland neighborhood with a population of 198,873 and an average household income of $122,656.
- Portland Cà Phê and Portland Picture Frame have built-in 3% annual increases, and Portland PDX Thai has 5% increases every two years.
- The site is situated at a hard corner intersection on SE Holgate Blvd and SE 28th Ave with combined daily traffic counts of 15,070 vehicles.
- Located in a dense residential neighborhood, there are limited competitive retail properties in the immediate area.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,360 SF
Building Class
C
Year Built
1967
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.39
Lot Size
0.20 AC
Zoning
CE
Parking
9 Spaces (2.68 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | R126459 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $310,390 |
