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12955-12965 NW Cornell Rd

12955-12965 NW Cornell Rd, Portland, OR 97229

Listing Price: $1,395,000

Gross SF
2,923
Rentable SF
2,923
Price/Gross SF
$477.25
Lot Size
0.43 acres
Year Built
1978

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a single-story 2,923 +/- square foot freestanding commercial building, presently configured in two suites but divisible into three suites. The entire building will soon become available for an owner/user to occupy. The subject property is located in Washington County with a Portland, Oregon address- the best of both worlds. Located along the Sunset Highway (26), near the NW Murray Road interchange. This building is approximately 13 minutes from Downtown Portland and 22 minutes from Vancouver, Washington. The subject property is located five minutes from the Nike World Headquarters and, 15 minutes from the Intel campus, as well as several other Fortune 500 companies. With a strong 87 WalkScore, the subject property is surrounded by a host of retail amenities and affluent neighborhoods, with a 2021 median household income of $91,110 per year (relative to the U.S. national average of $65,694 per year). This infill location, combined with a projected six-percent population growth over the next five years, makes the subject property an ideal long-term investment.

Investment Highlights

  • Prime Commercial Space and Location, 87 WalkScore (Very Walkable)
  • New Roof, New Exterior Paint, New HVAC
  • 5:1000+ Parking Ratio

Exclusively Listed By

  • Mark Hefner

    Senior Vice President Investments

    (916) 724-1361

    Email Mark

    License(s): CA: 00823945, NV: BS.1000677, OR: 201211829, WA: 24003

    Sacramento

Broker of Record

  • Adam Lewis

    Vice President/Regional Manager

    (503) 200-2000

    License(s) OR: 201209561

    Oregon

Office

12955-12965 NW Cornell Rd

Listing Price: $1,395,000

Gross SF
2,923
Rentable SF
2,923
Price/Gross SF
$477.25
Lot Size
0.43 acres
Year Built
1978

Investment Highlights

  • Prime Commercial Space and Location, 87 WalkScore (Very Walkable)
  • New Roof, New Exterior Paint, New HVAC
  • 5:1000+ Parking Ratio

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale a single-story 2,923 +/- square foot freestanding commercial building, presently configured in two suites but divisible into three suites. The entire building will soon become available for an owner/user to occupy. The subject property is located in Washington County with a Portland, Oregon address- the best of both worlds. Located along the Sunset Highway (26), near the NW Murray Road interchange. This building is approximately 13 minutes from Downtown Portland and 22 minutes from Vancouver, Washington. The subject property is located five minutes from the Nike World Headquarters and, 15 minutes from the Intel campus, as well as several other Fortune 500 companies. With a strong 87 WalkScore, the subject property is surrounded by a host of retail amenities and affluent neighborhoods, with a 2021 median household income of $91,110 per year (relative to the U.S. national average of $65,694 per year). This infill location, combined with a projected six-percent population growth over the next five years, makes the subject property an ideal long-term investment.

Exclusively Listed By

  • Mark Hefner

    Senior Vice President Investments

    (916) 724-1361

    Email Mark

    License(s): CA: 00823945, NV: BS.1000677, OR: 201211829, WA: 24003

    Sacramento

Broker of Record

  • Adam Lewis

    Vice President/Regional Manager

    (503) 200-2000

    License(s): OR: 201209561

    Oregon

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