10115 Nimbus AveTigard, OR 97223

Property Details for 10115 Nimbus Ave

Year built

1986

Lot size

2.42 AC

Property size (Sq ft)

24,778 SF

Zone code

MUE-2

Property type

Strip malls

Property subtype

Neighborhood centers

APN

1S134AA-01900

APU

1S134AA01900

Description

This exceptional retail opportunity is located at 10115 SW Nimbus Ave, Tigard, Oregon, 97223, within Washington County. The property, known as Nimbus Center, is a neighborhood center/strip mall offering a single available space totaling 5,081 square feet. This versatile space is ideal for a variety of retail uses, providing ample room for a thriving business. The property's location in Tigard offers excellent visibility and accessibility, situated at 45.44668310147083 latitude and -122.78992426457673 longitude. The property type is classified as retail, and the tenancy is multiple, indicating a vibrant and established commercial environment. This presents a unique chance to establish or expand a business in a thriving community. The space is currently available for lease, offering a promising investment opportunity in a desirable location. Interested parties are encouraged to inquire for further details and leasing information. The property is conveniently located in a well-established area of Tigard, offering easy access to major transportation routes and a strong customer base.

• CAP approach

  CAP return

  Valuation

  6%

  $6,456,494

  6.5%

  $5,959,841

  7%

  $5,534,138

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,596,587

  Geo Method

  $12,024,803

• Alternative Use

  Use

  Valuation

  Residential

  $5,027,349

  Hospitality

  $4,605,024

  Educational

  $3,831,326

  Medical

  $3,963,092

  Retail

  $5,959,841

Location Insight

City

Portland

County

Washington

State

Oregon

Latitude

45.4466

Longitude

-122.79

CBSA code

38900

CBSA name

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

Property Tax & Assessments

FAQs

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