Warehouse

136 Stewart Road Southeast

136 Stewart Road SE, Pacific, WA 98047

Listing Price: $6,700,000

Cap Rate
7.02%
Gross SF
43,824
Price/Gross SF
$152.88
Lot Size
2.78 acres
Year Built
1969
Rentable SF
43,824

Investment Overview

This Net Lease Retail Investment property is located at the corner of Southeast Grand and Southeast Morrison, in the heart of the Central Eastside. The property consists of a 6,000 square foot building situated on a 0.11-acre parcel. The property is one hundred percent occupied on a NNN lease to an experienced operator and benefits from unparalleled visibility in the citys Central Eastside Business District. This investment provides an investor the opportunity to acquire an iconic building with a strong return in the core of Portland.

Investment Highlights

  • Strong History of Occupancy
  • Low Vacancy in Submarket
  • Income Tax Free State
  • Strong 7.00% Cap Rate With Room to Increase Rents
  • Vibrant Industrial Corridor
  • Close Proximity to Amazon, Costco, Safeway and Boeing Facilities

Exclusively Listed By

Financing By

Warehouse

136 Stewart Road Southeast

Listing Price: $6,700,000

Cap Rate
7.02%
Gross SF
43,824
Price/Gross SF
$152.88
Lot Size
2.78 acres
Year Built
1969
Rentable SF
43,824

Investment Highlights

  • Strong History of Occupancy
  • Low Vacancy in Submarket
  • Income Tax Free State
  • Strong 7.00% Cap Rate With Room to Increase Rents
  • Vibrant Industrial Corridor
  • Close Proximity to Amazon, Costco, Safeway and Boeing Facilities

Investment Overview

This Net Lease Retail Investment property is located at the corner of Southeast Grand and Southeast Morrison, in the heart of the Central Eastside. The property consists of a 6,000 square foot building situated on a 0.11-acre parcel. The property is one hundred percent occupied on a NNN lease to an experienced operator and benefits from unparalleled visibility in the citys Central Eastside Business District. This investment provides an investor the opportunity to acquire an iconic building with a strong return in the core of Portland.

Exclusively Listed By

Financing By

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