16565 Mcloughlin BlvdPortland, OR 97267

Property Details for 16565 Mcloughlin Blvd

Year built

1974

Property size (Sq ft)

10,630 SF

Property type

Industrial properties

Property subtype

Other retail properties

Description

This exceptional Portland investment property presents a rare opportunity to acquire a fully occupied, multi-tenant commercial building boasting a strong 6.00% capitalization rate. Located at 16565 SE McLoughlin Blvd in Clackamas County, Oregon, this 10,630 square foot building sits on a 1.05-acre lot (APN 00291721) and is zoned C3. The property features three units, currently operating as an auto shop, flex space, and storefront, ensuring diverse income streams. Built in 1974, the two-story building has recently undergone significant improvements, including a new roof and a remodeled interior. The property enjoys 100% occupancy, with the current lease agreements extending until June 30, 2026, under a NNN lease structure. This turnkey investment offers immediate cash flow and significant upside potential. The property's prime location in Portland, Oregon, provides excellent access to major transportation routes and a thriving local market. The combination of strong occupancy, a high cap rate, and recent renovations makes this an attractive investment for both seasoned and emerging commercial real estate investors. The asking price is $3,200,000. Contact us today to schedule a showing and explore this exceptional opportunity.

Location Insight

City

Portland

County

Clackamas

State

Oregon

Latitude

45.4034

Longitude

-122.623

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