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- LoopNet Team
1405 NW Johnson St
Portland, OR 97209
Class A Two-Story Office/Retail Condo · Build-to-Rent Property For Sale
·
124 Units
INVESTMENT HIGHLIGHTS
- Sleek 37,849-SF two story office/retail condo unit with a 226 stall (5.9/1000) four story secured parking garage in The Edge Lofts.
- Incredible owner/user or value-add investment opportunity to acquire a well-established acquisition in a high-demand market with low vacancies.
- Surrounded by a highly skilled workforce with 62% of residents having a bachelor's degree or higher, exceeding the national average of 35%.
- Located a few blocks from Portland’s MAX Light Rail and streetcar stops, providing easy access to notable neighborhoods and amenities.
- Positioned within a quick commute to major route I-405/Stadium Fwy, connecting to key thoroughfares I-5, Hwy 30, and Hwy 26.
- Desirable open layout designed to easily guide tenants through the premises, with the ability to install prominent signage and displays.
PROPERTY FACTS
| Sale Condition | Auction Sale | Total Plot Size | 0.00 ac |
| Type of Ownership | Fee Simple | Property Size | 37,849 sq ft |
| No. Units | 124 | Average Occupancy | 0% |
| Property Type | Build-to-Rent (Unit) | No. Floors | 1 |
| Property Subtype | Apartment | Year Built | 2004 |
| Apartment Style | Mid-Rise | Parking Allocation | 5.97/1,000 sq ft |
| Costar Property Class | A | APN / Parcel ID | R546805 |
| Use Class | EX, Portland | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| No. Units | 124 |
| Property Type | Build-to-Rent (Unit) |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | A |
| Total Plot Size | 0.00 ac |
| Property Size | 37,849 sq ft |
| Average Occupancy | 0% |
| No. Floors | 1 |
| Year Built | 2004 |
| Parking Allocation | 5.97/1,000 sq ft |
| APN / Parcel ID | R546805 |
| Use Class | EX, Portland |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Views
- Dock
- Skylights
SITE AMENITIES
- Picnic Area
- Property Manager on Site
- LEED Certified - Platinum
- Lift
- Grocery Service
- Maintenance on site
SUSTAINABILITY
SUSTAINABILITY
LEED Certification Developed by the U.S. Green Building Council (USGBC), the Leadership in Energy and Environmental Design (LEED) is a green building certification program focused on the design, construction, operation, and maintenance of green buildings, homes, and neighbourhoods, which aims to help building owners and operators be environmentally responsible and use resources efficiently. LEED certification is a globally recognized symbol of sustainability achievement and leadership. To achieve LEED certification, a project earns points by adhering to prerequisites and credits that address carbon, energy, water, waste, transportation, materials, health and indoor environmental quality. Projects go through a verification and review process and are awarded points that correspond to a level of LEED certification: Platinum (80+ points) Gold (60-79 points) Silver (50-59 points) Certified (40-49 points)
