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8220 NE Davis St

0.1 Acres of Commercial Land Offered at £704,231 in Portland, OR 97220

Executive Summary

A recently opened and growing food cart pod in NE Portland, providing space and amenities to a dozen food carts at an attractive high-traffic location. Food carts represent a range of cuisine, including deserts, snacks, and a drinks cart. There are no competing food carts at the pod, attracting high-value tenants. All tenants are on at least a one-year lease, with most leases being multi-year. Pod has been growing organically, with multiple cart operators opening additional carts at the same pod due to their continued success. Average rent is below the market, presenting an additional income opportunity. Pod operates on land leased with options to extend through 2036.

Attachments

Brochure and Financials

Property Facts

Price £704,231 Property Type Land
Sale Type Investment Property Subtype Commercial
Sale Conditions Ground Lease Sold Proposed Use Retail
No. Lots 1 Total Lot Size 0.10 AC
Price £704,231
Sale Type Investment
Sale Conditions Ground Lease Sold
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 0.10 AC

1 Lot Available

Lot

Price £704,231 Lot Size 0.10 AC
Price Per AC £7,042,307
Price £704,231
Price Per AC £7,042,307
Lot Size 0.10 AC

This is the sale of a ground lease (Leasehold) not the trucks on the property. See attached brochure for more details about the financials.

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Walk Score ®
Very Walkable (89)
Bike Score ®
Very Bikeable (88)
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.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number R284754 Improvements Assessment £0
Land Assessment £86,139 Total Assessment £86,139

PROPERTY TAXES

Parcel Number
R284754
Land Assessment
£86,139
Improvements Assessment
£0
Total Assessment
£86,139

zoning

Zoning Code CG
CG
(503) 746-1890

Contact

  • Listing ID: 33924645

  • Date on Market: 19/11/2024

  • Last Updated:

  • Address: 8220 NE Davis St, Portland, OR 97220

The Land Property at 8220 NE Davis St, Portland, OR 97220 is currently available for sale. Contact Aginsky Capital Group for more information.

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© 2024 CoStar Group

8220 NE Davis St
(503) 746-1890 x

8220 NE Davis St

Aleksa Belic

(503) 746-1890

(503) 746-1890

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