2407 SE TENTH AVE

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2407 SE TENTH AVE

PORTLAND, OR 97214-4623
Asking Price
$2.40M
Asset Type
Traditional Office Office
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The traditional office asset is located at 2407 SE Tenth Ave.
  • This building offers a total footprint of 6,765 square feet.
  • The property is currently offered for sale for $2,400,000.
  • The site serves as a versatile flex or industrial office space.
  • The location is situated within a close-in Portland eastside submarket.

What's Special

This traditional office property is currently available for purchase at 2407 SE Tenth Ave in Portland, Oregon. Spanning 6,765 square feet, the building functions as a close-in eastside flex or industrial asset well-suited for businesses requiring a versatile workspace within a highly accessible urban corridor. The surrounding inner southeast district is a known hub for creative and industrial synergy, benefiting from proximity to Portland's dense employment base and robust regional transportation networks. Investors and owner-occupiers will find the location advantageous for operations needing a centralized presence in the city. The layout provides the necessary footprint for professional office usage or light industrial applications, allowing for flexible interior configurations based on specific operational requirements. With its strategic placement, the property serves as a functional anchor for firms looking to establish or expand their footprint in a primary Portland submarket. Its profile caters to organizations prioritizing visibility and access to established business districts in the Pacific Northwest.

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NOI
$80,000
Cap Rate
3.33%
DSCR
0.56
Underwater
Cash-on-Cash
-8.68%
Monthly Payment
$11,873.891
Annual Cash Flow
$-62,486.686

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