Cette fonctionnalité n’est pas disponible pour le moment.
Nous sommes désolés, mais la fonctionnalité à laquelle vous essayez d’accéder n’est pas disponible actuellement. Nous sommes au courant du problème et notre équipe travaille activement pour le résoudre.
Veuillez vérifier de nouveau dans quelques minutes. Veuillez nous excuser pour ce désagrément.
– L’équipe LoopNet
merci
Votre e-mail a été envoyé !
1221-1241 SW 10th Ave - Eliot Tower Retail Condominium R2 Local d’activités 445 m² 1 094 852 € À vendre Portland, OR 97205
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Mixed-Use Building: Strategically designed to generate consistent foot traffic through diverse retail and residential spaces.
- NNN Leases: Portland Art Museum and Canoe are on triple net leases, ensuring reimbursement of building expenses.
- Proximity to Portland State University: Located less than half a mile from PSU’s 44-acre campus, serving over 21,000 students w/ a $1.8B impact.
- Income Offset: Reliable and stable income from Portland Art Museum provides security and stability while trying to establish a new retail location.
- Prime Location: Situated adjacent to Safeway and amidst popular downtown retail
RÉSUMÉ ANALYTIQUE
Eliot Tower is one of Portland’s premier condominium buildings, featuring 18 stories with 223 residential condos. As the Core Business District of Portland evolves and recover from Covid related vacancies, now is the best time to take advantage of the opportunity to purchase real estate and reap the rewards as improvement takes hold. The property is well situated in the middle of the CBD next door to Safeway and less than half a mile from the 44 acre Portland State University Campus teaching more than 21,000 students. The property is located just west of the city park blocks on Jefferson Street and sandwiched between SW 10th and SW 11th Avenue with close proximity to Interstate 405 (Average Daily Traffic Counts Exceed 130K Vehicles, 2022 Costar) and Highway 26 (Average Daily Traffic Counts Exceed 77K Vehicles, 2022 Costar) Interchange.
DATA ROOM Cliquez ici pour accéder à
INFORMATIONS SUR L’IMMEUBLE
| Prix | 1 094 852 € | Classe d’immeuble | A |
| Surface du lot | 445 m² | Étages | 18 |
| Nb de lots | 1 | Surface type par étage | 734 m² |
| Surface totale de l’immeuble | 445 m² | Année de construction | 2006 |
| Type de bien | Immeuble residentiel (Lot en copropriété) | Zone de développement économique [USA] |
Oui
|
| Sous-type de bien | Appartement | Zonage | RX |
| Type de vente | Investissement ou propriétaire occupant |
| Prix | 1 094 852 € |
| Surface du lot | 445 m² |
| Nb de lots | 1 |
| Surface totale de l’immeuble | 445 m² |
| Type de bien | Immeuble residentiel (Lot en copropriété) |
| Sous-type de bien | Appartement |
| Type de vente | Investissement ou propriétaire occupant |
| Classe d’immeuble | A |
| Étages | 18 |
| Surface type par étage | 734 m² |
| Année de construction | 2006 |
| Zone de développement économique [USA] |
Oui |
| Zonage | RX |
1 LOT DISPONIBLE
Lot R2
| Surface du lot | 445 m² | Usage du lot en coprop. | Local d’activités |
| Prix | 1 094 852 € | Type de vente | Investissement ou propriétaire occupant |
| Prix par m² | 2 460,82 € |
| Surface du lot | 445 m² |
| Prix | 1 094 852 € |
| Prix par m² | 2 460,82 € |
| Usage du lot en coprop. | Local d’activités |
| Type de vente | Investissement ou propriétaire occupant |
NOTES SUR LA VENTE
CBRE, INC. HAS BEEN APPOINTED AS THE EXCLUSIVE AGENT FOR THE SALE OF THE ELIOT TOWER CONDOMINIUM UNIT R2, WHICH ENCOMPASSES APPROXIMATELY 4,789 SQUARE FEET OF PRIME RETAIL SPACE HOUSING LONG TERM TENANT PORTLAND ART MUSEUM’S RENTAL SALES GALLERY, WITH A REMAINING VACANCY OF 1,601 SQUARE FEET. THIS UNIQUE PROPERTY PROVIDES AN UNMATCHED OPPORTUNITY FOR AN OWNER USER TO ESTABLISH A LOCATION IN DOWNTOWN PORTLAND WHILE COLLECTING INCOME AND HEDGING THEIR OWN EXPENSES AGAINST A LONG TERM, RELIABLE TENANT THAT RELIES ON THIS LOCATION DUE TO THE PROXIMITY OF ITS PARENT TENANT, PORTLAND ART MUSEUM, DIRECTLY ACROSS THE STREET.
Portland Art Museum and Canoe operate under NNN leases, while Harris & Tailor operates under a gross lease on a month to month term. It is important to note that the Portland Art Museum, being a not-for-profit entity, benefits from tax-exempt status for its leased space. Constructed in 2006, the Eliot Tower stands as an 18-story modern condominium high-rise that integrates retail and residential uses, featuring street-level retail complemented by 223 condominium homes above. This property boasts LEED certification, underscoring its commitment to sustainability. Strategically located in the heart of Portland’s Central Business District, the Eliot Tower enjoys exceptional walkability with a score of 99/100, a transit score of 95/100, and a bike score of 93/100, making it an attractive investment opportunity within a vibrant urban environment.
Portland Art Museum Renovation: PAM is currently undergoing an $11M Campus Transformation that will include an entrance on 10th street from their original building located directly across the street from the subject property. This entrance will provide seamless connection between the two buildings, encourage increased foot traffic to The Eliot, and secure the need to renew the Lease for Portland Art Museum in this location.
INFORMATIONS IMPORTANTES SUR L’OCCUPANT Cliquez ici pour accéder à
| OCCUPANT | m² OCCUPÉS | DATE DE FIN DE BAIL |
|---|---|---|
| Portland Art Museum |
99,999 SF m²
|
Jan 0000
|
| Canoe |
99,999 SF m²
|
Jan 0000
|
| Harris & Tailor |
99,999 SF m²
|
Jan 0000
|
Présenté par
1221-1241 SW 10th Ave - Eliot Tower Retail Condominium R2
Hum, une erreur s’est produite lors de l’envoi de votre message. Veuillez réessayer.
Merci ! Votre message a été envoyé.