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Single-Tenant Office

Sherwood Tax and Accounting Office

22467 SW Ash St, Sherwood, OR 97140

Listing Price: $700,000

Cap Rate
5.90%
Gross SF
1,500
Rentable SF
1,500
Price/Gross SF
$466.67
Lot Size
0.11 acres
Year Built
1946

Investment Overview

Marcus & Millichap is pleased to present the opportunity to obtain the Sherwood Tax and Accounting Office, a single tenant net leased investment property located at 22467 SW Ash Street in downtown Sherwood, Oregon. The building has been fully renovated and the site benefits from attractive landscaping in the vibrant, walkable downtown Sherwood business district near parks, cafes, bars and restaurants. Sherwood is known for being Oregon's most livable city and ranks fifth in livability nationwide due to a multitude of free family friendly outdoor events including the annual Robin Hood Festival and Cruising Sherwood.

Situated on 5,000 square feet at the northeast corner of downtown Sherwood in business friendly Washington County Oregon, the site benefits from low property taxes of $3,483 in 2023, high visibility, and extremely low commercial vacancy in the area. Sherwood City Council has designated economic development as one of its highest priorities and as a result advanced tech manufacturing companies such as Lam Research, NSI Manufacturing and DWFritz Automation have chosen to move into the rapidly growing industrial corridor along Tualatin-Sherwood Road, increasing the number of high paying jobs and demand for the services provided by the Sherwood Tax and Accounting Office.

Investment Highlights

  • Hard to find single tenant net leased investment property in downtown Sherwood, Oregon
  • Long term tenant in place until September 2025 with no options to renew
  • Seller carried financing option available

Exclusively Listed By

Financing By

Single-Tenant Office

Sherwood Tax and Accounting Office

Listing Price: $700,000

Cap Rate
5.90%
Gross SF
1,500
Rentable SF
1,500
Price/Gross SF
$466.67
Lot Size
0.11 acres
Year Built
1946

Investment Highlights

  • Hard to find single tenant net leased investment property in downtown Sherwood, Oregon
  • Long term tenant in place until September 2025 with no options to renew
  • Seller carried financing option available

Investment Overview

Marcus & Millichap is pleased to present the opportunity to obtain the Sherwood Tax and Accounting Office, a single tenant net leased investment property located at 22467 SW Ash Street in downtown Sherwood, Oregon. The building has been fully renovated and the site benefits from attractive landscaping in the vibrant, walkable downtown Sherwood business district near parks, cafes, bars and restaurants. Sherwood is known for being Oregon's most livable city and ranks fifth in livability nationwide due to a multitude of free family friendly outdoor events including the annual Robin Hood Festival and Cruising Sherwood. Situated on 5,000 square feet at the northeast corner of downtown Sherwood in business friendly Washington County Oregon, the site benefits from low property taxes of $3,483 in 2023, high visibility, and extremely low commercial vacancy in the area. Sherwood City Council has designated economic development as one of its highest priorities and as a result advanced tech manufacturing companies such as Lam Research, NSI Manufacturing and DWFritz Automation have chosen to move into the rapidly growing industrial corridor along Tualatin-Sherwood Road, increasing the number of high paying jobs and demand for the services provided by the Sherwood Tax and Accounting Office.

Exclusively Listed By

Financing By

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