• Price:

    • $24,415,000

  • Listing #:
    • 18680416
  • Class:
    • Commercial & Business
  • Type:
    • Income
  • Status:
    • Active
  • Apx. Acres:
    • 1.42
  • Apx. Sqft.:
    • 69112
  • Lot Size:
    • 20,000 SqFt to ....
  • Year Built:
    • 2006
  • Address:
    • 4204 NE HALSEY ST
  • City:
  • County:
    • Multnomah
  • Area:
    • Portland Northeast
  • State:
    • OR
  • Zip:
    • 97213

Description

Hollywood Station: Opportunity to acquire a mixed-use investment in the heart of Portland's Hollywood District. The property is leased to office & retail tenants. The anchor tenant is 24 Hour Fitness, a Super-Sport gym with new 16.5 yr term. $1,586,975 NOI/6.50% Cap. 8 additional tenants. Includes a 4 story, 220-stall parking garage. Zoned CM3. Lease types are NNN & gross. 220K residents within a 3-mile radius.

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  • Construction:
    • - Brick
    • - Concrete
  • Stories:
    • - 2
  • Features:
    • - Display Window
    • - Inside Storage
    • - Outside Storage
    • - Sign
    • - Conforms To Ada
  • Fuel Description:
    • - Gas
  • Road Surface:
    • - Paved
  • Roof Type:
    • - Flat
  • Water Description:
    • - Public
  • Sewer Description:
    • - Public Sewer
  • Occupancy Types:
    • - Leased
  • Sq. Ft. Approx. Lot:
    • - 150
    • - 582
  • Buildings Total:
    • - 1
  • Present Use:
    • - Athletic Facility
    • - Professional Service
    • - Retail
  • Operating Expenses Actual:
    • - 233531
  • Gross Income Actual:
    • - 1820898
  • Net Income Actual:
    • - 1587368
  • Parking Description:
    • - Covered
  • Garage/Parking Spaces:
    • - 220
  • Existing Lease Type:
    • - 10 Or More Years Remaining
    • - Nnn
  • Zoning:
    • - Cm3
  • Tax Amount:
    • - 26775.52
  • YearBuiltDetails:
    • - Approximately
  • Heating:
    • - Forced Air
  • Cooling:
    • - Central Air
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