Capitol Park | 9700 SW Capitol Hwy
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!
Capitol Park 9700 SW Capitol Hwy
28,520 SF 95% Leased Office Building Portland, OR 97219 $6,670,000 ($234/SF) 7% Cap Rate
Investment Highlights
- Large window line with an abundant of natural light - Views of Mt. Hood
- Easy access to downtown and I-5
- Stabilized asset with large mix-use development opportunity
- 99 on-site parking spaces
- Numerous shopping and restaurants nearby
- Recent capital improvements include a roof replacement in 2017 with a 25-year warranty, skylight replacement in 2017, and HVAC replacement with 5 of 1
Executive Summary
Investor or developer opportunity
BUILDING SIZE - 28,590 SF
YEAR BUILT - 1984
LOT SIZE - 1.36 acres
BUILDING TYPE - Two-story office building
OCCUPANCY - 96% occupied
ZONING Commercial Mixed Use 2 (CM2)
BUILDING SIZE - 28,590 SF
YEAR BUILT - 1984
LOT SIZE - 1.36 acres
BUILDING TYPE - Two-story office building
OCCUPANCY - 96% occupied
ZONING Commercial Mixed Use 2 (CM2)
Financial Summary (Actual - 2024) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Building Size
28,520 SF
Building Class
B
Year Built/Renovated
1983/2018
Price
$6,670,000
Price Per SF
$234
Cap Rate
7%
NOI
$466,720
Percent Leased
95%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
14,295 SF
Building FAR
0.48
Land Acres
1.36 AC
Zoning
CM2 - BASE ZONE: COMMERCIAL MIXED USE 2 (CM2)
OVERLAYS: CENTERS MAIN STREET (M), DESIGN (D)
Parking
103 Spaces (3.6 Spaces per 1,000 SF Leased)
Amenities
- Controlled Access
- Natural Light
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Fl-Ste 100
- 1,515 SF
- Office
- -
- Now
- 1st Fl-Ste 135
- 1,268 SF
- Office
- -
- 60 Days
- 1st Fl-Ste 160
- 1,800 SF
- Office
- -
- 60 Days
- 2nd Fl-Ste 260
- 5,300 SF
- Office
- -
- Jul 2025
| Space | Size | Space Use | Condition | Available |
| 1st Fl-Ste 100 | 1,515 SF | Office | - | Now |
| 1st Fl-Ste 135 | 1,268 SF | Office | - | 60 Days |
| 1st Fl-Ste 160 | 1,800 SF | Office | - | 60 Days |
| 2nd Fl-Ste 260 | 5,300 SF | Office | - | Jul 2025 |
1st Fl-Ste 100
| Size |
| 1,515 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Fl-Ste 135
| Size |
| 1,268 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| 60 Days |
1st Fl-Ste 160
| Size |
| 1,800 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| 60 Days |
2nd Fl-Ste 260
| Size |
| 5,300 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Jul 2025 |
1 of 1
Walk Score ®
Very Walkable (80)
PROPERTY TAXES
| Parcel Number | R302144 | Total Assessment | $1,960,750 (2023) |
| Land Assessment | $0 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $0 (2023) | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
R302144
Land Assessment
$0 (2023)
Improvements Assessment
$0 (2023)
Total Assessment
$1,960,750 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
-
Steven Bowers -
Sean McCarthy -
Kidder Mathews
1 of 24
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Capitol Park | 9700 SW Capitol Hwy
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.