3031 SE POWELL BLVD, Portland OR, 97202

Sold

3031 SE POWELL BLVD

Portland OR, 97202

$16,616,000

$517.63 per sqft

Sold

32,100 sqft

Commercial

Built in 1959

Courtesy of MAJ Commercial Real Estate 360-921-0593

Unique Opportunity to acquire a single tenant net leased investment.The property is leased to Target Corporation on a 10-yr initial term w/ +/-6.5 yrs remaining. This location is Portland's 1st ?small format? Target, which refers to the store?s size of +/- 32,000 SF. This flexible designs lets Target bring the best of the Bullseye into urban neighborhoods where a full-size Target wouldn?t fit, but still provide excellent shopping experiences for locals. Approx. +/-58,000 VPD.

22009211

MLSⓇ ID

April 18, 2022

Listed

May 9, 2024

Updated

Map

3031 SE POWELL BLVD
Portland OR, 97202

Interior Features

Fireplace: No
Cooling: Yes
Cooling Description: Central Air
Heating: Yes
Heating Description: Forced Air

Exterior/Building Features

Lot Size: 1.17 Acres
Sewer: Public Sewer

Other Property Details

Area Name: _143
Taxes: $91,208
Tax Frequency: Annually
Days on Market: 29
Garage: No
Parking: Covered, On Site
Parking Total: 89
View: No
County: Multnomah
Water Source: Public Water
Pool: No
Zoning: CC
Buyer Agency Compensation: 175,000%

Listing History

Date	Event	Price
5/24/2023	Sold	$16,616,000

Courtesy of MAJ Commercial Real Estate, Brandi Ho
Listing Contact: 360-921-0593

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This content last updated on 5/9/2024, 11:50 AM UTC. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.