29755 Boones Ferry RdWilsonville, OR 97070

Property Details for 29755 Boones Ferry Rd

Year built

1995

Property size (Sq ft)

13,534 SF

Property type

Office properties

Description

This exceptional two-tenant, 13,534 square foot Class B office building in Wilsonville, Oregon, presents a compelling investment opportunity. Situated on a 0.9-acre lot (39,866 sq ft) at 29755-29757 SW Boones Ferry Rd, 97070, this property boasts high visibility and easy access to Interstate 5, experiencing approximately 100,000+ vehicles per day. The building, constructed in 1995, features two stories and offers a multi-tenant configuration with currently 50% occupancy. The property includes three grade-level doors, an oversized break room, and ample natural light. The vacant unit provides three restrooms, one with a shower. Four HVAC systems ensure climate control, while a wet sprinkler system and irrigation system enhance safety and landscaping. The building benefits from 3-phase 400-amp power and minimal freeway noise. Recent renovations (2023) include updated light fixtures and resealed/striped parking. The property shares a cross-parking easement with a Best Western. The building's location within Wilsonville, a thriving business hub with over 1,000 businesses and a nearly $1.1 billion annual private-sector payroll, contributes to its strong investment potential. The property's 7.00% cap rate and strategic location make it an attractive addition to any portfolio. The permitted zoning is PDI. APN is 00812179.

Location Insight

City

Wilsonville

County

Clackamas

State

Oregon

Latitude

45.3056

Longitude

-122.77

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