12540 & 12550 SW Main Street
$6,300,000
12540 & 12550 SW Main Street, Portland, OR 97223
30,664 sqft
Building Size
1.61 acres
Lot Area
Details:
Highlights:
- 12450 Main St - 13,666 SF
- 12550 Main St - 16,998 SF
- Stabilized asset with both buildings fully leased
- 68 off-street parking spaces
- 12550 features a grade level rollup door
- Convenient access to Highway 99W, I-5, and the WES commuter rail
- Adjacent 5,000 SF vacant lot available for sale for $160,000
Description:
Fully leased, two-building commercial property located in the core of Downtown Tigard. The asset comprises 30,664 square feet of improvements on a 1.61-acre site and provides a 6.5% cap rate with stable, in-place income. Parking is a distinguishing feature of the asset with 68 off-street spaces - an amenity that is increasingly difficult to find in a downtown setting and that supports tenant retention, customer access, and long-term leasing stability.
Located in the heart of Tigard, the property benefits from a well-established suburban community in Washington County with convenient access to everyday amenities and regional connectivity. Downtown Tigard offers a mix of local businesses, services, dining, and neighborhood activity that supports ongoing consumer traffic and a steady presence throughout the area.
Nearby points of interest include the Tigard Public Library, Tigard High School, and Fanno Creek Park, along with retail and dining options throughout central Tigard. The location also enjoys proximity to the broader Portland metro area, offering investors a position within a recognizable and active community setting.
Documents:
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Location
Gallery
