7320-7330 NE Fremont St
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7320-7330 NE Fremont St
4,860 SF Retail Building Portland, OR 97213 $1,325,000 ($273/SF) 5.32% Cap Rate
Investment Highlights
- The building was built in 1960 by P&C Construction as an auto parts store (slab on grade, concrete and CMU walls and wood roof).
- Full commercial kitchen
- 14 off-street parking spaces
- Map’s Market projected income: $30,480
- Pole signage along NE Fremont Street
Executive Summary
Retail Building
• Sale price: $1,325,000
• Building size: ± 4,860 SF
• Land size: ± 0.23 AC (10,000 SF)
• Year built: 1960
Adjacent Land (Parking Lot)
• Sale price: $350,000
• Land size: ± 0.11 AC (5,000 SF)
• Sale price: $1,325,000
• Building size: ± 4,860 SF
• Land size: ± 0.23 AC (10,000 SF)
• Year built: 1960
Adjacent Land (Parking Lot)
• Sale price: $350,000
• Land size: ± 0.11 AC (5,000 SF)
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
4,860 SF
Building Class
C
Year Built
1960
Price
$1,325,000
Price Per SF
$273
Cap Rate
5.32%
NOI
$70,469
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.49
Lot Size
0.23 AC
Zoning
CM2 - Commercial Mixed Use 2
Parking
14 Spaces (2.88 Spaces per 1,000 SF Leased)
Frontage
127 FT on Fremont St
Amenities
- Bus Line
- Pylon Sign
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Lease rate: $5,000/Month/NNN
Space | Size | Space Use | Position | Available |
7330 | 2,910 SF | Restaurant | - | Now |
7330
Size |
2,910 SF |
Space Use |
Restaurant |
Position |
- |
Available |
Now |
7330
Size | 2,910 SF |
Space Use | Restaurant |
Position | - |
Available | Now |
Lease rate: $5,000/Month/NNN
Walk Score ®
Very Walkable (85)
Bike Score ®
Biker's Paradise (99)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | R173634 | Improvements Assessment | $0 |
Land Assessment | $0 | Total Assessment | $354,980 |
PROPERTY TAXES
Parcel Number
R173634
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$354,980
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7320-7330 NE Fremont St
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