16353 Southeast Division Street

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16353 Southeast Division Street

Portland, OR 97236
Asking Price
Contact for price
Asset Type
Shopping Center Retail
Class
Class B

What's Special

Retail | 103,561 SqFt <ul><li>​Compelling growth potential (High visibility end-cap and pad redevelopment opportunity along Division Street provides clear pathway to NOI growth)</li><li>​Redevelopment opportunity (6,128 SF outparcel redevelopment opportunity upon AutoZone relocation</li><li>​Positive leasing momentum (73,000 SF [70% of GLA] has recently renewed or newly leased)</li><li>​Stable rent roll (83% of income is derived from national tenants [Ross, Ace Hardware, AutoZone, Bank of America] supporting a divers

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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