Description

This four-building industrial property offers a unique opportunity as a pure investment or owner-user looking to occupy 2,800 square feet of industrial space and benefit from some rental income from the other two buildings.

The buildings are clear span and very functional for many types of different users offering grade level loading, 16’-18’ clear height and 3 phase power.

The Seller was an owner-occupant of 10928 NE Killingsworth Bldg A and will vacate at closing.

Portland Spray works has been a long-term tenant and recently renewed the lease to $3,500.00 month. Seller elected to lease on a month-to-month to keep flexibility to the new buyer. We believe the tenant would sign a longer-term lease if requested by the Buyer.


4938 NE 109th Ave
Tenant: Portland Spray Works
3,000 SF Free Standing Building
Rent: $3,500 per month
Month-to-month: recently renewed lease rate (long-term tenant)

4946 NE 109th Ave
Tenant: Flight Cafe LLC
3,000 SF Free-Standing Building
700 SF Office, 1 grade door, 3-phase power
Rent: $3,500 per month with CPI increase
Lease Expires: February 28, 2029

10928 NE Killingsworth Bldg A
Tenant: Vacant
2,800 SF Free Standing Building
One restroom, 4 grade doors
Rent: Proforma $3,000

10928 NE Killingsworth Bldg B
Tenant: Alliance Construction Services LLC
3,000 SF Free Standing Building
Rent: $3,000 per month
Lease Expires: December 31, 2025

Tenant responsible for Electrical and Gas
Landlord pays Taxes, Building Insurance and Water
Income and expense information available upon request