For Sale
$990,000
1806 11 Mile AveGresham, OR 97030
High-Yield Net Lease Auto Shop
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 121
Highlights
- 9.19% cap rate, $91,024 annual NOI from a 100% occupied, single-tenant net lease.
- Located at 1806 NW Eleven Mile Ave, Gresham, OR 97030, near a Tri-Met transit hub.
- 3,760 sq ft auto shop on a 0.52-acre lot, built in 1988, renovated in 2019, C4 zoning.
- $990,000 asking price ($263.30/sq ft); tenant responsible for all maintenance, utilities, and insurance; one year remaining on the lease.
Property Details for 1806 11 Mile Ave
- Property type
- Retail properties, Auto shops
- Square Feet
- 3,760 SF
- Year Built/Renovated
- 1988/2019
- Lot Size (sq. ft)
- 22,651 SF
Location Insight
- City
- Gresham
- County
- Multnomah
- State
- Oregon
- Latitude
- 45.5097171
- Longitude
- -122.4580902
1806 11 Mile Ave, Gresham, Oregon
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-Yield Net Lease Auto Shop
- Where is the retail property located?
- The property is located at 1806 11 Mile Ave Gresham, OR.
- What is the asking price?
- The asking price for this property is $990,000.
- What are key features of this property?
- This property features: 9.19% cap rate, $91,024 annual NOI from a 100% occupied, single-tenant net lease.; Located at 1806 NW Eleven Mile Ave, Gresham, OR 97030, near a Tri-Met transit hub.; 3,760 sq ft auto shop on a 0.52-acre lot, built in 1988, renovated in 2019, C4 zoning.
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