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Ash Creek Cedars 9860 SW Hall Blvd

6,200 SF 70% Leased Office Building Tigard, OR 97223 $1,495,000 ($241/SF)

Investment Highlights

  • Current rents are under market and the Proforma Rent create value for an investor.
  • Conveniently located
  • 22 on-site parking spaces

Executive Summary

Ash Creek Cedars is a well maintained, conveniently located, Washington Square area office building in a tranquil setting contiguous to Metzger park and surrounded by mature deciduous and evergreen trees. The history of the building has seen almost 100% occupancy for many years. Professional services companies occupy 500-1,000 SF suites on one to three year lease terms. Currently there are some short term leases and vacancies that would allow an owner user to occupy 500-2,066 SF. The current rents are under market and the Proforma Rent create value for an investor.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,200 SF
Building Class
B
Year Built/Renovated
1978/1990
Price
$1,495,000
Price Per SF
$241
Percent Leased
70%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,100 SF
Slab To Slab
10’
Building FAR
0.30
Land Acres
0.47 AC
Zoning
office - Professional office
Parking
22 Spaces (3.55 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Bus Line
  • Security System
  • Signage
  • Central Heating
  • Fully Carpeted
  • Drop Ceiling
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste A
  • 753 SF
  • Office
  • Spec Suite
  • Now

$1350 per month Two offices and large room. Lease for 1 year at 1350.00 month

  • 2nd Fl-Ste E
  • 1,118 SF
  • Office
  • Spec Suite
  • Now

$1350 per month Two offices and large room. Lease for 1 year at 1350.00 month

Space Size Space Use Condition Available
1st Fl-Ste A 753 SF Office Spec Suite Now
2nd Fl-Ste E 1,118 SF Office Spec Suite Now

1st Fl-Ste A

Size
753 SF
Space Use
Office
Condition
Spec Suite
Available
Now

2nd Fl-Ste E

Size
1,118 SF
Space Use
Office
Condition
Spec Suite
Available
Now

1st Fl-Ste A

Size 753 SF
Space Use Office
Condition Spec Suite
Available Now

$1350 per month Two offices and large room. Lease for 1 year at 1350.00 month

2nd Fl-Ste E

Size 1,118 SF
Space Use Office
Condition Spec Suite
Available Now

$1350 per month Two offices and large room. Lease for 1 year at 1350.00 month

Bike Score ®
Very Bikeable (80)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R0239548
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$584,600
  • Listing ID: 32836250

  • Date on Market: 8/16/2024

  • Last Updated:

  • Address: 9860 SW Hall Blvd, Tigard, OR 97223

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