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5003 N Lombard St

3,400 SF 100% Leased Retail Building Portland, OR 97203 £1,258,455 (£370/SF) 7.68% Net Initial Yield

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Investment Highlights

Over 16,000 ADT
7.68% cap

Off street parking
20,000 residents within a 1 mile radius

Executive Summary

7.68% Cap Rate - an amazing investment property available in a fantastic area. Built in 1950, the 3,440 SF building saw complete restoration in 2015, creating two beautiful, fully leased spaces. Suite A currently houses a restaurant with its lease expiring October of 2025, while Suite B is occupied by a commercial kitchen with their lease expiring April 2026. Both share a 100 gallon grease trap and two restrooms located in a common area. Just a few of the amenities include a roll up glass door, outdoor seating, and large windows.

5003 N Lombard Flyer_compressed