3031 SE Powell Blvd | Portland, OR 97202
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- LoopNet Team
3031 SE Powell Blvd
Portland, OR 97202
Target · Retail Property For Sale
Investment Highlights
- Excellent opportunity to acquire Portland, Oregon’s first “small format” Target, which aims to bring the best of the Bullseye to urban neighborhoods.
- This single-tenant NNN-leased investment features a 10-year initial term, six 5-year extension options, and minimal landlord responsibilities.
- This former bowling alley was redeveloped in 2018 with a new roof, building expansion, full seismic upgrade, and electrical, plumbing, and HVAC.
- Easily reach 214K residents in a 3-mile radius, with an average household income of over $101K and a consumer spending total of $3.3 billion.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
31,954 SF
Building Class
B
Year Built
2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.62
Lot Size
1.18 AC
Zoning
CE(MU-C) - Commercial Employment
Parking
89 Spaces (2.79 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Food Court
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | R298807 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $3,901,220 |
PROPERTY TAXES
Parcel Number
R298807
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$3,901,220
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