For Sale
$4,300,000
930 Sandy Blvd Portland, OR 97214
Established restaurant, strong NOI, prime location.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 127
Highlights
- $4,300,000 asking price for a 6,300 SF retail property in Portland, OR.
- Net-leased restaurant/bar with a 6.14% cap rate and $264,000 NOI.
- NNN lease with 6.5 years remaining, expiring 5/31/2031, including 3% annual rent increases beginning June 2027.
- 100% occupancy with an established tenant demonstrating strong sales.
- Located on Portland's desirable inner east side, adjacent to the Soho House, and extensively renovated in 2016.
Property Details for 930 Sandy Blvd
- Property type
- Retail properties, Bars
- Square Feet
- 6,300 SF
- Year Built/Renovated
- 1959/2016
- Lot Size (sq. ft)
- 6,098 SF
Location Insight
- City
- Portland
- County
- Multnomah
- State
- Oregon
- Latitude
- 45.5210112
- Longitude
- -122.6558973
930 Sandy Blvd, Portland, Oregon
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - Established restaurant, strong NOI, prime location.
- Where is the retail property located?
- The property is located at 930 Sandy Blvd Portland, OR.
- What is the asking price?
- The asking price for this property is $4,300,000.
- What are key features of this property?
- This property features: $4,300,000 asking price for a 6,300 SF retail property in Portland, OR.; Net-leased restaurant/bar with a 6.14% cap rate and $264,000 NOI.; NNN lease with 6.5 years remaining, expiring 5/31/2031, including 3% annual rent increases beginning June 2027.
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