Property Details

Parkrose Hardware

West Linn, OR
Property ID: 14567

Financial Summary

Asking Price $6,500,000
Cap Rate 6.00%
Net Operating Income (NOI) $391,471
Lease Type NNN
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Contact

David Maling
Principal
213.618.3825
Christopher E. Maling
Principal - Retail Capital Markets
213.618.3824

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Highlights

  • Receivership sale and subject to court approval
  • Single tenant NNN lease
  • Large unit operator
  • Abundant parking with 300 free surface spaces (6.32/1,000 SF)
  • 552’ frontage on Blankenship Road
  • Multiple ingress/egress points with excellent visibility from Highway 205 & Blankenship Road Large site with ample parking
  • Located in a well trafficked center benefiting from the synergy of other retailers

Location

1855 Blankenship Road
West Linn, OR

Leigh ClineParkrose Hardware