8315 Jack Burns BlvdWilsonville, OR 97070

Property Details for 8315 Jack Burns Blvd

Year built

2003

Lot size

6.22 AC

Property size (Sq ft)

49,223 SF

Zone code

PDC

Property type

Strip malls

Property subtype

Neighborhood centers

APN

3S102DD-00300

APU

3S102DD00300

Description

Argyle Square, a prominent 380,000 square foot regional shopping center in Clackamas County, offers exceptional office and coworking space for lease. Strategically located off I-5 just south of Portland, this premier location boasts convenient freeway access and a high-traffic volume. The center sits on a substantial 43-acre lot and is anchored by major retailers including Costco, Target, and a Banfield Pet Hospital/PetSmart, solidifying its position as the dominant shopping center in the Wilsonville Trade Area. Multiple suites are available, ranging from a minimum of 2,505 square feet to a maximum contiguous space of 16,051 square feet, providing flexibility for businesses of various sizes. Currently, there are 21,452 square feet of vacant space across three available suites. This presents a unique opportunity to establish a presence in a thriving retail environment with strong existing tenants and high visibility. The property is classified as both retail and office space, catering to a diverse range of business needs. Inquire today to explore the available spaces and secure your ideal location within this successful commercial center.

• CAP approach

  CAP return

  Valuation

  6%

  $12,826,218

  6.5%

  $11,839,586

  7%

  $10,993,901

• Comparable approach

  Method

  Valuation

  Relative Method

  $21,050,762

  Geo Method

  $23,888,000

• Alternative Use

  Use

  Valuation

  Residential

  $9,987,133

  Hospitality

  $9,148,161

  Educational

  $7,611,162

  Medical

  $7,872,922

  Retail

  $11,839,586

Location Insight

City

Wilsonville

County

Washington

State

Oregon

Latitude

45.3346

Longitude

-122.763

CBSA code

38900

CBSA name

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

Property Tax & Assessments

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