3601 Murray BlvdBeaverton, OR 97005

Property Details for 3601 Murray Blvd

Lot size

19.09 AC

Property size (Sq ft)

337,984 SF

Zone code

OI

Property type

Office properties

APN

1S10800-01600

APU

1S1080001600

Description

This exceptional 337,984-square-foot office building, situated on a sprawling 19-acre campus, presents a unique full-building sublease opportunity. Built in 1978, the Murray Business Center boasts a generous 3.25 parking spaces per 1,000 square feet, providing up to 1,100 spaces for employees. The property features a flexible open layout ideal for high-density occupancy, along with an impressive array of amenities. These include dedicated training, conference, and break rooms; private offices; a large cafeteria; a fully equipped fitness center; showers and lockers; and a convenient grade-level roll-up door. A dedicated front entry offers excellent signage opportunities. The sublease is available through October 2031. The property's location is enhanced by its proximity to several parks, including Willow Park, Beaverton Creek Wetlands Park, and Eichler Park, offering employees access to green spaces and recreational areas. This is a rare chance to secure a substantial, amenity-rich office space in a desirable location. The entire building is available for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $59,911,380

  6.5%

  $55,302,812

  7%

  $51,352,612

• Comparable approach

  Method

  Valuation

  Relative Method

  $57,358,180

  Geo Method

  $65,088,960

• Alternative Use

  Use

  Valuation

  Residential

  $68,575,488

  Hospitality

  $62,814,780

  Educational

  $52,261,160

  Medical

  $54,058,500

  Retail

  $81,295,136

Location Insight

City

Beaverton

County

Washington

State

Oregon

Latitude

45.4938

Longitude

-122.829

CBSA code

38900

CBSA name

PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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