Retail Space
17777 Pilkington Road Lake Oswego, OR 97035
Details & Description
Price: $2,500,000
    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
    • 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
    Building Size: 9,700 SF
    Lot Size: 1.000 AC
    Land Size: 43,560 SF
    Building $/SF: $257.73
    Land $/SF: $57.39
    Price
    $2,500,000
    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

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    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:

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    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.

    Common Questions and Answers

    What is the asking price for 17777 Pilkington Road in Lake Oswego?
    The asking price for 17777 Pilkington Road is $2,500,000
    What is the building size of this Retail property in Lake Oswego, OR?
    The size of the building/unit at 17777 Pilkington Road in Lake Oswego is 9,700 square feet
    How much land does the Lake Oswego, OR property at 17777 Pilkington Road include?
    17777 Pilkington Road in Lake Oswego includes 1.000 acres of land
    What kind of Retail is the propery at 17777 Pilkington Road?
    The property at 17777 Pilkington Road Lake Oswego, OR 97035 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 17777 Pilkington Road in Lake Oswego?
    The population within 1 mile of 17777 Pilkington Road Lake Oswego, OR 97035 is 10,459 people.
    Who do I contact for questions about 17777 Pilkington Road?
    You should contact the listing agent, George Diamond, for any details regarding this commercial listing.

    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