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Division Place 5008-5026 SE Division St

10,000 SF 82% Leased Retail Building Portland, OR 97206 For Sale

Executive Summary

Opportunity to purchase 100% leased retail center with excellent visibility and access to SE Division St. The building sits on the corner of SE 50th Ave & SE Division St, across from Green Zebra Grocery, Division Street Station Apartments (127 Units), and less than a 10 minute walk from Franklin High School.
Availability 90% Leased (4 out of 5 Tenants) - Current Tenant leases expiring in the next 3 to 5 years. Rent Roll available upon request

Attachments

23-9 Brochure

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
10,000 SF
Building Class
C
Year Built/Renovated
1926/2006
Percent Leased
82%
Tenancy
Multiple
Number of Floors
1
Building FAR
1.00
Lot Size
0.23 AC
Zoning
C2, Portland

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • North Bar
  • Accommodation and Food Services
  • -
  • -
  • NNN
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
North Bar Accommodation and Food Services - - NNN -

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1
  • 1,826 SF
  • Restaurant
  • -
  • Now

second generation cafe / bar

Space Size Space Use Position Available
1 1,826 SF Restaurant - Now

1

Size
1,826 SF
Space Use
Restaurant
Position
-
Available
Now

1

Size 1,826 SF
Space Use Restaurant
Position -
Available Now

second generation cafe / bar

Walk Score ®
Walker's Paradise (91)
Bike Score ®
Biker's Paradise (94)
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.®

Nearby Major Retailers

La Bamba Mexican Restaurant
New Seasons Market
Natural Grocers
Little Big Burger
Fred Meyer
Chase Bank
Bank of America
Starbucks
Orangetheory Fitness
Safeway

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R241352
Land Assessment
£0
Improvements Assessment
£0
Total Assessment
£287,644
  • Listing ID: 26855936

  • Date on Market: 14/10/2022

  • Last Updated:

  • Address: 5008-5026 SE Division St, Portland, OR 97206

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