16550 Mcloughlin BlvdMilwaukie, OR 97267

For Sale
$7,300,000
12-Unit Strip Mall, High Occupancy

Overview

Added:
Feb 3
Days on market:
72
This exceptional investment opportunity presents a 12-unit strip mall ideally situated at 16550 SE McLoughlin Blvd in Milwaukie, Oregon. The property boasts a total of 31,564 square feet across three distinct buildings situated on a generous 2.96-acre lot. The property features a prominent monument sign ensuring high visibility and convenient access with two points of ingress and egress. Building 1, encompassing 5,464 square feet, is currently occupied by a long-term tenant, Round Table Pizza. Building 2, a substantial 17,700 square feet, houses a mix of six tenants, including three larger and three smaller businesses. Finally, Building 3 offers 8,400 square feet and accommodates five additional tenants. The property benefits from a strong history of long-term tenants, indicating a stable and reliable income stream. This well-maintained and strategically located strip mall presents a compelling investment opportunity for discerning buyers seeking a proven, high-performing commercial asset in a thriving Oregon market. The substantial size, diverse tenant base, and prime location combine to create a truly exceptional investment prospect. The property's established tenant roster and visible location contribute to its strong potential for continued growth and profitability. This is a rare opportunity to acquire a well-established and highly sought-after commercial property in a desirable location.

Property Details for 16550 Mcloughlin Blvd

Property type
Commercial real estate
Square Feet
31,564 SF
Year Built
1978
Lot Size (sq. ft)
128,938 SF

Location Insight

City
Milwaukie
County
Clackamas
State
Oregon
Latitude
45.40402
Longitude
-122.6219
16550 Mcloughlin Blvd, Milwaukie, Oregon

FAQs

What type of property is this?
Commercial real estate - 12-Unit Strip Mall, High Occupancy
Where is the commercial real estate located?
The property is located at 16550 Mcloughlin Blvd Milwaukie, OR.
What is the asking price?
The asking price for this property is $7,300,000.
How can I contact the broker?
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16550 Mcloughlin Blvd
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