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4548-4550 N Albina Ave

2,860 SF 100% Leased Office Building Portland, OR 97217 £1,056,308 (£369/SF) 6.36% Net Initial Yield

Investment Highlights

  • 100% occupied
  • 13 off-street parking stalls

Executive Summary

Established dental office located three blocks off I-5 in high density residential neighborhood. 2,860 Sq Ft, 2-story pediatric dental office on a sizable 11,000 SF site with an abundance of parking. Located only 3-4 blocks from the nearest high school.

Property Facts

Sale Type
Investment NNN
Property Type
Office
Property Subtype
Medical
Building Size
2,860 SF
Building Class
C
Year Built
1900
Price
£1,056,308
Price Per SF
£369
Net Initial Yield
6.36%
NOI
£67,181
Percent Leased
100%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
1,430 SF
Slab to Slab
9 ft
Building FAR
0.26
Lot Size
0.25 AC
Zoning
CM2
Parking
10 Spaces (3.5 Spaces per 1,000 SF Leased)

Amenities

  • Bus Route
Walk Score ®
Very Walkable (89)
Bike Score ®
Biker's Paradise (100)
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 Numbers
Multiple
  • R135714
  • R135611
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£258,756
  • Listing ID: 33435121

  • Date on Market: 07/10/2024

  • Last Updated:

  • Address: 4548-4550 N Albina Ave, Portland, OR 97217

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