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10558-10560 SE Main St - North Main Village Apartments Local commercial 188 – 232 m² À vendre Milwaukie, OR 97222
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- 100% Occupied, Fully Leased with Strong Tenant Mix
- Prime Location, Outside of Multnomah County
- Built-In Rent Growth
- Low Maintenance, Modern Construction
RÉSUMÉ ANALYTIQUE
North Main Village Retail Condos offers investors a compelling blend of stable cash flow and long-term upside at $2,875,000: the four fully leased condos make up 8,828 SF —built in 2006—that houses five internet-resistant service and food tenants whose leases feature scheduled rent bumps and multiple renewal options, producing an in-place net operating income of roughly $180,190 while passing through taxes, insurance, and CAM charges to the occupants. Rents average just $21.49 per SF, leaving mark-to-market potential as downtown Milwaukie continues its revitalization. The property enjoys a highly walkable, bike-friendly location (Walk Score 77, Bike Score 89) on Main Street, minutes from light rail, and draws on a one-mile trade area of more than 10,500 residents with average household incomes topping $82,000—an affluent consumer base that supports year-round demand. Modern construction minimizes near-term capital needs, Oregon’s zero-sales-tax retail environment bolsters tenant performance, and the Portland MSA’s limited pipeline for new retail supply creates favorable supply–demand dynamics. Taken together, North Main Village delivers immediate, durable yield with built-in rent growth in a high-barrier submarket poised for continued population and income gains.
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INFORMATIONS SUR L’IMMEUBLE
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Climatisation
- Lave-vaisselle
- Broyeur d’ordures
- Machine à laver/sèche-linge
- Cuisine
- Réfrigérateur
- Accessible aux fauteuils roulants (chambres)
CARACTÉRISTIQUES DU SITE
- Laverie
- CVC contrôlé par l’occupant
- Service de blanchisserie
- Commerces sur place
- Détecteur de fumée
4 LOTS DISPONIBLES
Lot 1
| Surface du lot | 213 m² | Type de vente | Investissement |
| Usage du lot en coprop. | Local commercial | Conditions de vente | Ventes de portefeuille |
| Surface du lot | 213 m² |
| Usage du lot en coprop. | Local commercial |
| Type de vente | Investissement |
| Conditions de vente | Ventes de portefeuille |
DESCRIPTION
APN: 05017494 and part of Bulk/Portfolio Sale with 3 other retail condos (05015979, 05015980, and 05015981). All four retail condos to be sold together. This condo has two tenants in it, Link Therapy (10558 SE Main St) & Moving Forward Staying Present Yoga Studio (10560 SE Main St).
NOTES SUR LA VENTE
North Main Village Retail Condos offers investors a compelling blend of stable cash flow and long-term upside at $2,875,000: the four fully leased condos make up 8,828 SF —built in 2006—that houses five internet-resistant service and food tenants whose leases feature scheduled rent bumps and multiple renewal options, producing an in-place net operating income of roughly $180,190 while passing through taxes, insurance, and CAM charges to the occupants. Rents average just $21.49 per SF, leaving mark-to-market potential as downtown Milwaukie continues its revitalization. The property enjoys a highly walkable, bike-friendly location (Walk Score 77, Bike Score 89) on Main Street, minutes from light rail, and draws on a one-mile trade area of more than 10,500 residents with average household incomes topping $82,000—an affluent consumer base that supports year-round demand. Modern construction minimizes near-term capital needs, Oregon’s zero-sales-tax retail environment bolsters tenant performance, and the Portland MSA’s limited pipeline for new retail supply creates favorable supply–demand dynamics. Taken together, North Main Village delivers immediate, durable yield with built-in rent growth in a high-barrier submarket poised for continued population and income gains.
Lot 2
| Surface du lot | 188 m² | Type de vente | Investissement |
| Usage du lot en coprop. | Local commercial | Conditions de vente | Ventes de portefeuille |
| Surface du lot | 188 m² |
| Usage du lot en coprop. | Local commercial |
| Type de vente | Investissement |
| Conditions de vente | Ventes de portefeuille |
DESCRIPTION
APN: 05015979 and part of Bulk/Portfolio Sale with 3 other retail condos (05017494, 05015980 and 05015981). All four retail condos to be sold together. This condo has Ohana Hawaiian Cafe (10608 SE Main St).
NOTES SUR LA VENTE
North Main Village Retail Condos offers investors a compelling blend of stable cash flow and long-term upside at $2,875,000: the four fully leased condos make up 8,828 SF —built in 2006—that houses five internet-resistant service and food tenants whose leases feature scheduled rent bumps and multiple renewal options, producing an in-place net operating income of roughly $180,190 while passing through taxes, insurance, and CAM charges to the occupants. Rents average just $21.49 per SF, leaving mark-to-market potential as downtown Milwaukie continues its revitalization. The property enjoys a highly walkable, bike-friendly location (Walk Score 77, Bike Score 89) on Main Street, minutes from light rail, and draws on a one-mile trade area of more than 10,500 residents with average household incomes topping $82,000—an affluent consumer base that supports year-round demand. Modern construction minimizes near-term capital needs, Oregon’s zero-sales-tax retail environment bolsters tenant performance, and the Portland MSA’s limited pipeline for new retail supply creates favorable supply–demand dynamics. Taken together, North Main Village delivers immediate, durable yield with built-in rent growth in a high-barrier submarket poised for continued population and income gains.
Lot 3
| Surface du lot | 232 m² | Type de vente | Investissement |
| Usage du lot en coprop. | Local commercial | Conditions de vente | Ventes de portefeuille |
| Surface du lot | 232 m² |
| Usage du lot en coprop. | Local commercial |
| Type de vente | Investissement |
| Conditions de vente | Ventes de portefeuille |
DESCRIPTION
APN: 05015980 and part of Bulk/Portfolio Sale with 3 other retail condos (05017494, 05015979 and 05015981). All four retail condos to be sold together. This condo has Beer Store Milwaukie (10610 SE Main St).
NOTES SUR LA VENTE
North Main Village Retail Condos offers investors a compelling blend of stable cash flow and long-term upside at $2,875,000: the four fully leased condos make up 8,828 SF —built in 2006—that houses five internet-resistant service and food tenants whose leases feature scheduled rent bumps and multiple renewal options, producing an in-place net operating income of roughly $180,190 while passing through taxes, insurance, and CAM charges to the occupants. Rents average just $21.49 per SF, leaving mark-to-market potential as downtown Milwaukie continues its revitalization. The property enjoys a highly walkable, bike-friendly location (Walk Score 77, Bike Score 89) on Main Street, minutes from light rail, and draws on a one-mile trade area of more than 10,500 residents with average household incomes topping $82,000—an affluent consumer base that supports year-round demand. Modern construction minimizes near-term capital needs, Oregon’s zero-sales-tax retail environment bolsters tenant performance, and the Portland MSA’s limited pipeline for new retail supply creates favorable supply–demand dynamics. Taken together, North Main Village delivers immediate, durable yield with built-in rent growth in a high-barrier submarket poised for continued population and income gains.
Lot 4
| Surface du lot | 188 m² | Type de vente | Investissement |
| Usage du lot en coprop. | Local commercial | Conditions de vente | Ventes de portefeuille |
| Surface du lot | 188 m² |
| Usage du lot en coprop. | Local commercial |
| Type de vente | Investissement |
| Conditions de vente | Ventes de portefeuille |
DESCRIPTION
APN: 05015981 and part of Bulk/Portfolio Sale with 3 other retail condos (05017494, 05015979 and 05015980). All four retail condos to be sold together. This condo has Rice Thai Cookery (10614 SE Main St).
NOTES SUR LA VENTE
North Main Village Retail Condos offers investors a compelling blend of stable cash flow and long-term upside at $2,875,000: the four fully leased condos make up 8,828 SF —built in 2006—that houses five internet-resistant service and food tenants whose leases feature scheduled rent bumps and multiple renewal options, producing an in-place net operating income of roughly $180,190 while passing through taxes, insurance, and CAM charges to the occupants. Rents average just $21.49 per SF, leaving mark-to-market potential as downtown Milwaukie continues its revitalization. The property enjoys a highly walkable, bike-friendly location (Walk Score 77, Bike Score 89) on Main Street, minutes from light rail, and draws on a one-mile trade area of more than 10,500 residents with average household incomes topping $82,000—an affluent consumer base that supports year-round demand. Modern construction minimizes near-term capital needs, Oregon’s zero-sales-tax retail environment bolsters tenant performance, and the Portland MSA’s limited pipeline for new retail supply creates favorable supply–demand dynamics. Taken together, North Main Village delivers immediate, durable yield with built-in rent growth in a high-barrier submarket poised for continued population and income gains.
LOT INFORMATIONS SUR LA COMBINAISON
| DESCRIPTION | NB DE LOTS | MOY. LOYER/MOIS | m² |
|---|---|---|---|
| 1+1 | 47 | - | 58 |
| 2+2 | 17 | - | 88 - 98 |
Présenté par
10558-10560 SE Main St - North Main Village Apartments
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