Twin Oaks Plaza€¦ · Twin Oaks Plaza Greenwing Realty takes pride in presenting this quality...
Transcript of Twin Oaks Plaza€¦ · Twin Oaks Plaza Greenwing Realty takes pride in presenting this quality...
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Contact:
Steve Edelman Greenwing Realty, LLC
(503) 473.8870 [email protected]
11850 SW 67th Avenue Suite 210
Portland, OR 97223
Twin Oaks Plaza Greenwing Realty takes pride in presenting this quality office property for sale located in the heart of the Sunset Corridor.
1905 NW 169th Place Beaverton, OR 97006
Multi Tenant Office Building
17,331 RSF
Currently 100% Occupied
Two Story Structure 1.07 Acres / 46,450 SF of Land 64 Off-Street Parking Spaces Built in 1985 Common Areas Renovated Flat Roof System Two 15-Ton / One 20-Ton Roof Mounted Lennox HVAC Units Monument Signage
$2,495,000
FOR SALE REALTY, LLC
Investment Opportunity
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Building Floor Plan
GREENWING REALTY, LLC - 11850 SW 67th Avenue, Suite 210 - Portland, OR 97223 - 503.473.8870
TWIN OAKS PLAZA
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Building Floor Plan
GREENWING REALTY, LLC - 11850 SW 67th Avenue, Suite 210 - Portland, OR 97223 - 503.473.8870
EXPENSES MONTHLY ANNUAL PSF
Property Taxes $ 3,033 $ 36,401 $2.10
Property Insurance $ 203 $ 2,431 $0.14
Utilities (W&S / Electric / Gas) $ 2,539 $ 30,465 $1.76
Janitorial / Trash $ 2,011 $ 24,137 $1.39
Landscaping $ 1,725 $ 20,696 $1.19
Security $ 454 $ 5,444 $0.31
MEP & General Maintenance $ 742 $ 8,904 $0.51
Elevator Maintenance $ 237 $ 2,842 $0.16
TOTAL OPERATING EXPENSES $11,715 $140,580 $8.11
Management (3%) $ 772 $ 9,260 $0.53
CASH FLOW MONTHLY ANNUAL PSF
Base Rent $26,342 $316,507 $18.26
Tenant Signage Rent $ 141 $ 1,695 $ 0.10
GROSS RENT (2017) $26,517 $318,202 $18.36
Vacancy (3%) ($ 796) ($ 9,546) ($ 0.55)
GROSS RENTAL INCOME $25,721 $308,656 $17.81
OPERATING EXPENSES (2016) ($11,715) ($140,580) ($ 8.11)
NET OPERATING INCOME $14,006 $168,076 $ 9.70
INCOME RSF EXPIRES CURRENT MONTHLY ANNUAL PSF TENURE
A 1,458 08/31/19 $ 2,126 $ 25,515 $17.50 2016
B 1,552 04/30/20 $ 2,328 $ 27,936 $18.00 2002
C 1,570 02/29/20 $ 2,430 $ 29,155 $18.57 2015
D 1,740 09/30/22 $ 2,646 $ 31,755 $18.25 2002
E 2,479 09/30/22 $ 3,780 $ 45,366 $18.30 2009
F 2,654 09/30/22 $ 4,003 $ 48,037 $18.10 2013
G 5,073 09/30/22 $ 7,821 $ 93,851 $18.50 2006
H 805 Mgmt. Office $ 1,241 $ 14,892 $18.50 Projected
I 258 Conference (Not Include)
TOTALS 17,331 $26,376 $316,507 $18.26
DISCLOSURE: The information provided herein has been provided by other sources and believed to be reliable. No representations or warranties, expressed or implied, are made as to the accuracy of the information and/or projections. Any references to square footages, financial information and/or budgeted items are approximate and are subject to change and/or interpretation.
TWIN OAKS PLAZA