Shopping Strip

Multitenant Retail and Office in Affulent Lake Oswego

4 Monroe Pkwy, Lake Oswego, OR 97035

Listing Price: $4,350,000

Cap Rate
5.62%
Gross SF
19,885
Rentable SF
19,885
Price/Gross SF
$218.76
Lot Size
0.99 acres

Investment Overview

The subject property is located at 4 Monroe Parkway, Lake Oswego, OR 97035. The asset is a two story, multitenant retail and office center approximately 25,124 square feet on a 43,124 square foot lot. There are 67 paved parking spaces on site. There are 11 complimentary tenants including restaurant, professional service, beauty and more. (see rent roll on following pages). The landscaping is well maintained with shrubs, trees, and there is monument signage for tenants.

The property is ideally located adjacent to Oswego Town Square shopping center, with national tenants including New Season Market, Starbucks, Mud Bay, and more. Main arterial road is Boones Ferry Road, and the center is only minutes from Interstate-5. The center is in an affluent neighborhood with average household income of $82,843 within 3-miles radius. The site is near attractive amenities including Lake Oswego Junior and High School, Kerr Park, shopping, eateries and more

Investment Highlights

  • 70 percent Occupied Multitenant Retail and Office Center
  • Synergistic Tenant Mix with Staggering Lease Term
  • Located in High Income, Affluent Location with 3-mile Income Average of 82,843
  • Near Complimentary Amenities Including Schools, New Season's, Starbucks, and More

Exclusively Listed By

Shopping Strip

Multitenant Retail and Office in Affulent Lake Oswego

Listing Price: $4,350,000

Cap Rate
5.62%
Gross SF
19,885
Rentable SF
19,885
Price/Gross SF
$218.76
Lot Size
0.99 acres

Investment Highlights

  • 70 percent Occupied Multitenant Retail and Office Center
  • Synergistic Tenant Mix with Staggering Lease Term
  • Located in High Income, Affluent Location with 3-mile Income Average of 82,843
  • Near Complimentary Amenities Including Schools, New Season's, Starbucks, and More

Investment Overview

The subject property is located at 4 Monroe Parkway, Lake Oswego, OR 97035. The asset is a two story, multitenant retail and office center approximately 25,124 square feet on a 43,124 square foot lot. There are 67 paved parking spaces on site. There are 11 complimentary tenants including restaurant, professional service, beauty and more. (see rent roll on following pages). The landscaping is well maintained with shrubs, trees, and there is monument signage for tenants.

The property is ideally located adjacent to Oswego Town Square shopping center, with national tenants including New Season Market, Starbucks, Mud Bay, and more. Main arterial road is Boones Ferry Road, and the center is only minutes from Interstate-5. The center is in an affluent neighborhood with average household income of $82,843 within 3-miles radius. The site is near attractive amenities including Lake Oswego Junior and High School, Kerr Park, shopping, eateries and more

Exclusively Listed By

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