High-Visibility Lake Oswego Office Building
Property Details
Price
$10,250,000
Building Size
33,574 SF
Property Details
Office Building
Total Lot Size
2.538246097337 Acres
Year Built
1971
Description

The property offers a tremendous opportunity for an owner/user to occupy up to 23,203 RSF within the building. Dr. Douglas occupies 2,330 RSF and Therapeutic occupies 6,659 SF. Both Tenants have direct exterior entrances into their suites on the main floor. The building is elevator served. The main floor is 22,773 GBA, 2nd floor is 3,020 GBA and the 3rd floor is 7,781 GBA.

Highlights
Dr. Douglas (2,330 SF): Current Rent: $19.67/SF/Year modified gross (plus approx. $1,000 a year for additional rent) Lease Expiration: 8/1/2026
Therapeutic Associates (6,659 SF): Current Rent: $17.12/SF/Year modified gross (plus approx. $1,500 a year for additional rent) Lease Expiration: 11/31/2023
In addition, one neighboring property owner rents parking from the Seller for a total of $6,000 a year.
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Brokers

Stu Peterson, SIOR
Broker
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