For Sale - Redevelopment Opportunity
$1,830,000
10135 SE Foster Road, Portland, OR 97266
For Sale
Development
Mixed Use
Active
Last Updated: 07/15/2021
Mixed Use
Development Type
4.79
Cap Rate
Details:
Development Type: Mixed Use
Cap Rate: 4.79%
Pro Forma Cap Rate : 7.9%
NOI: $87,703
Building Size: 9,459 sqft
Lot Area: 0.9 acres
Price Per Sqft: $193
Zoning: EG2
Year Last Renovated: 1968
Description:
SVN Imbrie Realty is proud to present the Mt Scott Retail Center. The 9,459 multi tenant retail center is situated on 0.90 Acres along Foster Road. There are currently 4 tenants on-site with 1 vacancy.
The center is ideally located in the Lents neighborhood of Portland near Interstate 205 and on Foster Road.5. The center provides excellent visibility from Foster Road, as well as monument signs for its tenants. Current Foster Road west of Interstate 205 is going through a major road construction project. The Foster Transportation and Streetscape project will deliver a street that is safer and more attractive for people to walk, bike and take public transportation.
Documents:
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Offering Memorandum
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Location
Gallery
