Powell Professional Center

1312-1380 E Powell Blvd, Gresham, OR

This location offers a professional business atmosphere on Powell Blvd with easy access and great parking. Average daily traffic counts on this stretch of Powell Blvd are 21,790. Powell Professional is centrally located with I-84 ten minutes North, Burnside .5 miles North and Sandy fifteen minutes to the Southeast. Neighboring tenants include Kidney Dialysis, Dental, Mortgage Express and Little Professor Preschool.
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powellprofsaleflyer732023.pdf
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demos-powellprofessional.pdf
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FOR SALE
@ 7% CAP

PRICE: $3,842,256

Present NOI: $268,957.92

Current Occupancy: 77%

Rentable SF: 16,797 SF
Lot Size: 59,150 SF
(1.35 acres)

Average Rent: $20.86 SF
Lease: NNN

Zoning: DCL
Downtown Commercial Low-Rise

Built: 2003/2000

PROFORMA NOI = 9% CAP RATE
 

Contact Brokers: Craig Barnard or Ashley Rhea