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Sherwood West Office Plaza 2

0, 20015 SW Pacific Hwy, Sherwood, OR 97140
$6,300,000

Description

Sherwood West Office Plaza 2 (Status: Available)

0, 20015 SW Pacific Hwy, Sherwood, OR  97140

• These are two of the largest office buildings in a low velocity submarket, with an estimated office supply of 200,000 SF.• High quality construction and the first time on the market since completion in the early 2000’s. Building 20055 is steel frame with brick façade. Building 20015 is concrete tilt up.• Priced well below replacement cost at $164 per SF.• Located directly off Pacific Highway W (Oregon 99W) providing great exposure and visibility to over 31,000vehicles per day.• Opportunity to increase yield through lease up of vacant space and applying unrealized load factor to new leases.• Submarket vacancy sub 1% with no significant office space under construction or delivered within last 12months.• The submarket has 3.8% rent increases over last twelve months, compared t

Listing Details

Asset Class: Office
Year Built: 2004
Building Total Square Feet: 25620
Available Lease Space Square Feet:
Number of Floors: 3
Total Parking Spaces: 0
Local Zoning Information:

CBA

Listing Courtesy of: CPX LLC

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. and should be verified by the buyer.

  • Address: 0, 20015 SW Pacific Hwy, Sherwood, OR 97140
  • City: Sherwood
  • State/county: OR
  • Zip/Postal Code: 97140
  • Neighborhood: Not Assigned
  • Country: United States

Detail

Updated on August 6, 2022 at 2:16 pm

  • Property ID: 654680
  • Price: $6,300,000.00/For Sale
  • Property Size: 25620 Sq Ft
  • Property Type: Office
  • Property Status: Available

Contact info

Windermere Commercial
Windermere Commercial
360-676-5900

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