13800 SE McLoughlin Blvd | Milwaukie, OR 97222
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This Retail Property is no longer advertised on LoopNet.co.uk.
13800 SE McLoughlin Blvd
Milwaukie, OR 97222
Nectar Milwaukie · Retail Property For Sale
Investment Highlights
- Five years of firm term remaining with 4% annual base rent escalations.
- Annual rent increases provide opportunity to increase yield by over 175 basis points over the course of the current lease term.
- Ideally located with high visibility on SE McLoughlin Blvd with daily traffic counts in excess of 26,900.
- Tenant pays rent on the entire building yet occupies 2K of 5K SF, providing the potential opportunity to adjust the terms of the current lease.
- NNN Lease structure provides limited Landlord responsibilities.
- Nectar is a fast-growing, market-share leading Oregon cannabis entity with 36 locations across the state.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,000 SF
Building Class
B
Year Built
1963
Tenancy
Single
Number of Floors
1
Building FAR
0.41
Lot Size
0.28 AC
Zoning
C3
Parking
8 Spaces (1.6 Spaces per 1,000 SF Leased)
Links
PROPERTY TAXES
Parcel Number | 00171398 | Improvements Assessment | £0 |
Land Assessment | £0 | Total Assessment | £683,807 |
PROPERTY TAXES
Parcel Number
00171398
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£683,807
Listing ID: 27811039
Date on Market: 22/02/2023
Last Updated:
Address: 13800 SE McLoughlin Blvd, Milwaukie, OR 97222
The Retail Property at 13800 SE McLoughlin Blvd, Milwaukie, OR 97222 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.
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