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Hudson Plaza 12950 SW Pacific Hwy

22,670 SF 100% Leased Retail Building Tigard, OR 97223 £4,319,336 (£190.53/SF) 6.80% Net Initial Yield

INVESTMENT HIGHLIGHTS

  • Recently Remodeled
  • CG Zone (mixed use friendly)
  • 38,000 Vehicles Per Day
  • New Roof
  • High Visibility Location & Signage
  • Close to Freeway Access

EXECUTIVE SUMMARY

NEW TO MARKET! Introducing a prime investment opportunity in the heart of Tigard, Oregon on Highway 99. This 18,545 SF commercial building, constructed in 1993 and recently remodeled, offers a lucrative prospect for retail/strip center investors. Zoned CG and boasting a 100% occupancy rate, this fully performing property presents a stable income stream with significant potential for growth. The property features a modern design, ample parking, and high visibility, making it an attractive option for retail businesses. With a strong tenant base and a well-maintained structure, this property is an ideal addition to any investment portfolio. Don't miss the chance to capitalize on this outstanding retail real estate opportunity in a sought-after location.

ATTACHMENTS

Offering Memorandum _Sale - L_ (7)

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
22,670 SF
Building Class
B
Year Built/Renovated
1979/2022
Price
£4,319,336
Price Per SF
£190.53
Net Initial Yield
6.80%
NOI
£293,715
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Building FAR
0.37
Lot Size
1.39 AC
Zoning
CG - Uses: Office, Retail, Professional Services, Personal Services, Food, Religious and Civic
Parking
60 Spaces (2.65 Spaces per 1,000 SF Leased)
Frontage
332 ft on Pacific Hwy

AMENITIES

  • 24 Hour Access
  • Bus Route
  • Property Manager on Site
  • Signage

LINKS

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12950 SW Pacific Hwy, Tigard, OR - AERIAL map view - Image1
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12950 SW Pacific Hwy, Tigard, OR - AERIAL map view - Image6
12950 SW Pacific Hwy, Tigard, OR - AERIAL map view - Image7
Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (81)
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.®
Learn How It Works Detailed Scores

NEARBY MAJOR RETAILERS

Dotty's
Natural Grocers
Planet Fitness Northwest Office
Starbucks
Dutch Bros
Elmer's
D-BAT

PROPERTY TAXES

Parcel Numbers
Multiple
  • R0466025
  • R0464483
 Improvements Assessment £0
Land Assessment £0 Total Assessment £1,407,664

PROPERTY TAXES

Parcel Numbers
Multiple
  • R0466025
  • R0464483
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£1,407,664
(503) 559-9279

CONTACTS

  • Listing ID: 33197136

  • Date on Market: 16/09/2024

  • Last Updated:

  • Address: 12950 SW Pacific Hwy, Tigard, OR 97223

The Downtown Tigard Retail Property at 12950 SW Pacific Hwy, Tigard, OR 97223 is currently available. Contact Tradition Real Estate Partners for more information.

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Hudson Plaza | 12950 SW Pacific Hwy
(503) 559-9279 x

Hudson Plaza | 12950 SW Pacific Hwy

1/3

AJ Nash

(503) 559-9279

(503) 559-9279

Paula Moseley

(503) 910-3055

(503) 910-3055

Rich Karlson

(503) 804-4653

(503) 804-4653

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