30470 SW Parkway Ave
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
thank you
Your email has been sent!
30470 SW Parkway Ave
11,376 SF Vacant Office Building Wilsonville, OR 97070 $2,200,000 ($193.39/SF) 10.86% Cap Rate
INVESTMENT HIGHLIGHTS
- Unique 11,376-Square-Foot Asset with Breathtaking Nature Views
- Modern Amenities Include Large Conference Rooms, Private Courtyard and Built-In Sauna
- Wilsonville Attracts Both Manufacturers and Talent with Low Taxes and Quick Access to Portland
- Includes a 2,011-Square-Foot Interior Annex and Four 2,300-Square-Foot Suites
- Adjacent to Local Hub of Retail, Hospitality, and Business Development
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present 30470 SW Parkway Ave., an office building located in Wilsonville, Oregon. The 11,376-square-foot
asset represents an appealing investment opportunity with strong potential for long-term growth thanks to its strategic location and a growing local workforce. The tree-lined property features ample parking, a 2,011-square-foot interior annex and four 2,300-square-foot suites. Additional amenities include spacious conference rooms, built-in saunas, private courtyards and ADA compliant restrooms. Proximity to Interstate 5 makes the property highly accessible to both residents and visitors from nearby Portland. The building is also just south of the intersection of Interstate 5 and Wilsonville Road, Wilsonville's center of commerce, retail and hospitality.
This exceptional owner-user investment opportunity is located at the southern end of Wilsonville, the second fastest growing city in Oregon, second only to Bend. Wilsonville is a popular destination for residents pursuing a blend of modern amenities paired with Oregon’s natural beauty, as evidenced by one-third of Portland metro’s workforce being comprised of Millennials. The local economy is driven primarily by high-tech manufacturing thanks to the presence of major employers like Siemens, Collins Aerospace, Teledyne and Xerox. Notably, the Oregon Institute of Technology (OIT) Portland-Metro campus is located just two miles from the property. The 2.2-acre satellite campus supports a valuable talent pipeline as most students pursue degrees in software engineering, mechanical engineering and cyber security. Major distributors like Sysco and Swire Coca-Cola value Wilsonville for its business-friendly tax structure and locale just off I5 providing access to all of the West Coast's major economic hubs.
asset represents an appealing investment opportunity with strong potential for long-term growth thanks to its strategic location and a growing local workforce. The tree-lined property features ample parking, a 2,011-square-foot interior annex and four 2,300-square-foot suites. Additional amenities include spacious conference rooms, built-in saunas, private courtyards and ADA compliant restrooms. Proximity to Interstate 5 makes the property highly accessible to both residents and visitors from nearby Portland. The building is also just south of the intersection of Interstate 5 and Wilsonville Road, Wilsonville's center of commerce, retail and hospitality.
This exceptional owner-user investment opportunity is located at the southern end of Wilsonville, the second fastest growing city in Oregon, second only to Bend. Wilsonville is a popular destination for residents pursuing a blend of modern amenities paired with Oregon’s natural beauty, as evidenced by one-third of Portland metro’s workforce being comprised of Millennials. The local economy is driven primarily by high-tech manufacturing thanks to the presence of major employers like Siemens, Collins Aerospace, Teledyne and Xerox. Notably, the Oregon Institute of Technology (OIT) Portland-Metro campus is located just two miles from the property. The 2.2-acre satellite campus supports a valuable talent pipeline as most students pursue degrees in software engineering, mechanical engineering and cyber security. Major distributors like Sysco and Swire Coca-Cola value Wilsonville for its business-friendly tax structure and locale just off I5 providing access to all of the West Coast's major economic hubs.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Building Size
11,376 SF
Building Class
B
Year Built
1964
Price
$2,200,000
Price Per SF
$193.39
Cap Rate
10.86%
NOI
$238,920
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
5,688 SF
Building FAR
0.34
Lot Size
0.76 AC
Zoning
PDC, Wilsonville - Planned Development Commercial
AMENITIES
- Bus Line
- Reception
- Central Heating
- High Ceilings
- Natural Light
- Air Conditioning
1 of 1
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (89)
PROPERTY TAXES
| Parcel Number | 00819083 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,207,579 |
PROPERTY TAXES
Parcel Number
00819083
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,207,579
1 of 94
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
30470 SW Parkway Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.