Retail Space - For Sale
17777 Pilkington Road Lake Oswego, OR 97035
Details & Description
Price: $2,500,000
  • Property Type Retail for Sale : Shopping Center
  • Lot Size Acres 1.000
  • Building Sq Ft 9,700
  • Building Price per Sq Ft $257.73
  • Land Sq Ft 43,560
  • Land Price per Sq Ft $57.39
Actual NOI @ 100% Leased: $118,355Actual Cap @ 100% Leased: 4.73%Proforma NOI @ Market Rents: $197,836Proforma Cap @ Market Rents: 7.91%(Market Rents Based on $21.50 psf + NNN @ 95% leased)Property Features:• 100% Leased Value-Add Shopping Center with Upside thru Market Rents• Below-Market-Rate Full-Service Leases - Upside Potential• 9,700 SF Building / 1.00 AC Lot with 32 Parking Spaces• Diverse Mix of Restaurant, Financial, Beauty, Coffee Tenants• Investment OR Potential for Future Owner/User• Mature Landscaping on Property
Listing Agents
George Diamond

O: 503-222-2178
gdiamond@capacitycommercial.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

17777 Pilkington Road

Lake Oswego, OR 97035

Listing ID: 227679
$2,500,000
For Sale
  • Property Type Retail for Sale : Shopping Center
  • Lot Size Acres 1.000
  • Building Sq Ft 9,700
  • Building Price per Sq Ft $257.73
  • Land Sq Ft 43,560
  • Land Price per Sq Ft $57.39
  • 17777 Pilkington Road Lake Oswego, OR 97035 | for Sale | Photo 1
  • 17777 Pilkington Road Lake Oswego, OR 97035 | for Sale | Photo 2
17777 Pilkington Road | for Sale | Thumbnail 1
17777 Pilkington Road | for Sale | Thumbnail 2
Description

Actual NOI @ 100% Leased: $118,355

Actual Cap @ 100% Leased: 4.73%

Proforma NOI @ Market Rents: $197,836

Proforma Cap @ Market Rents: 7.91%

(Market Rents Based on $21.50 psf + NNN @ 95% leased)

Property Features:

• 100% Leased Value-Add Shopping Center with Upside thru Market Rents

• Below-Market-Rate Full-Service Leases - Upside Potential

• 9,700 SF Building / 1.00 AC Lot with 32 Parking Spaces

• Diverse Mix of Restaurant, Financial, Beauty, Coffee Tenants

• Investment OR Potential for Future Owner/User

• Mature Landscaping on Property

Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Portland History of Retail Space for Sale

Loan and Amortization Calculator

Listing Price
Down Payment

Loan Amount:
Interest Rate:
Term (months):

Your Monthly Payment

$0.00

Total Principal: --

Total Interest: --

Total Cost: --

Lake Oswego Area Market Trends

Listing Demographics for 17777 Pilkington Road Lake Oswego, OR 97035

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population10,45979,748212,744
Population Median Age404040
Population by Age0-9 Yrs1192 (11%)8818 (11%)23977 (11%)
10-19 Yrs1368 (13%)10105 (12%)25780 (12%)
20-29 Yrs1116 (10%)9247 (11%)23945 (11%)
30-39 Yrs1182 (11%)10413 (13%)29038 (13%)
40-49 Yrs1734 (16%)10985 (13%)29772 (13%)
50-59 Yrs1565 (14%)11086 (13%)29185 (13%)
60-69 Yrs1459 (13%)10538 (13%)28256 (13%)
70+ Yrs844 (8%)8557 (10%)22793 (10%)
Median HH Income$108,096$88,179$88,594
Total Household Income< 24K425 (10%)4227 (12%)10721 (12%)
25-49K344 (8%)5341 (16%)13603 (15%)
50-74K517 (12%)4734 (14%)12540 (14%)
75-99K616 (15%)4231 (12%)11267 (13%)
100-199K1272 (31%)9095 (27%)24747 (28%)
200K+909 (22%)5438 (16%)13105 (15%)
Highest Education LevelNo Diploma18322526887
Diploma or GED738695220694
Some College15731157531636
Assoc. Degree379411110768
Bachelors Degree28831966749800
Higher Degree16691238232514
Total Housing Units4,24134,52890,027
--Owner-Occupied3,06121,19357,532
--Renter-Occupied1,02211,87428,452
Owner-Occupied Values< 100K603831371
100-199K3910892621
200-299K22324186698
300-399K478353711317
400-499K586385312170
500K+1675991423355
Total Working Age Population8,44864,170172,319
In Work Force5,72443,050115,218
Not In Work Force2,72421,12057,101
Workforce Employed5,41841,089110,434
Workforce Unemployed2961,9314,701
Civlian Workforce5,71443,020115,135
Military Workforce103083
Total Households4,08433,06785,983
Family Households2,84721,11355,564
Non-Family Households1,23711,95430,419
Married Couple2,44017,04445,043
Other Family4074,06910,521
Married w/Child1,0887,07618,397
Single Male w/Child455481,356
Single Female w/Child1411,7794,357

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Oregon3,421,399+123,831,074+114,264,810+114,727,438
Clackamas County338,391+11375,992+14428,860+14490,011
Multnomah County660,486+11735,334+12822,675+10906,904
Washington County445,342+19529,710+17619,337+16718,633

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

Total Working Age Population:

Total Households:

No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Other Retail Space Listings for Sale Nearby
Address Price Sq Ft Acres
14991 Bangy Road, Lake Oswego, OR CALL 6822 1.22
8900 Southwest Commercial Street, Tigard, OR $2,750,000 13860 0.54
11920 Southwest Pacific Highway, Portland, OR $695,000 3282 0.13
10925 Southwest Greenburg Road, Tigard, OR $6,810,865 24972 1.26
3636 Southwest Troy Street, Portland, OR $1,050,000 3534 1
14900 SW Barrows Rd, Beaverton, OR $16,635,000 34867 0.8
13843 Southeast McLoughlin Boulevard, Milwaukie, OR $6,281,700 51142 2.88
14110 Southeast McLoughlin Boulevard, Portland, OR $1,042,000 8771 0.87
21055 Southwest Pacific Highway, Sherwood, OR $2,500,000 12323 0.64
16784 SW Edy Rd, Sherwood, OR $5,000,000 8563 1.01
Closest Commercial Airports
Airport Distance (mi)
Portland International Airport (PDX) 15
Seattle Tacoma International Airport (SEA) 143
Boeing Field King County International Airport (BFI) 149
Listing Agent
More listings from George Diamond
Featured Local Vendors
• SUPPORT OUR FREE PLATFORM •
The below vendors allow us to provide our platform at no cost. Please consider their services when needed.
• Electrical Contractor •
Cochran Inc logo
New or existing work, get a quote!
• HVAC Contractor •
River City NW Mechanical logo
Click to stay cool this summer
• Custom Radius Reports •
Cubit logo
Get the data you need. Click here

Share
Other property types near Lake Oswego, OR