100% Leased Investment in Lake Oswego

3990 Southwest Collins Way, Lake Oswego, OR 97035

  • For Sale $3,674,936
  • Property Type Office - General Office
  • Property Size 13,382 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1983
  • Date Updated Jun 5, 2025
The property is within one of the most desirable and well located office markets in the Portland metro area.Well-maintained 13,382 SF fully leased office building in Lake Oswego with close access to Kruse Way, I-5, and Hwy 217. Both tenants have a long history in the building. Kruse Park Chiropractic originally moved into the building in July 2006, and Shannon & Wilson started in October 2014. Shannon & Wilson renewed and expanded within the building in October 2024. This two-story elevator-served building is on 23,668 SF of land with two separate curb cuts. The property is zoned General Commercial and is located within the Lake Grove Village Center Overlay District. The owner has performed several capital improvements as listed below.
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Highlights

  • 100% leased investment
  • Located in the highly desirable Lake Oswego submarket
  • Long term tenants
  • New 2nd floor windows and skylights
  • New exterior paint in 2025
  • New HVAC in 2021
  • New parking lot drainage system in 2025
  • New roof in 2020
  • Updated alarm panels and system in 2024
  • Weighted Average Lease Term (WALT) of approximately 4.1 years

Contacts

broker
Joe Kappler

Macadam Forbes

Location

Getting Around

  • Walk Score ®

    78/100 Very Walkable

  • Transit Score ®

    21/100 Minimal Transit

  • Bike Score ®

    81/100 Very Bikeable
Powered by Walk Score ®
  • City Lake Oswego, OR
  • Neighborhood Waluga
  • Zip Code 97035
  • Market Portland

Points of Interest

  • Willamette Shore Trolley Lake Oswego Station

    2.70 miles

  • Oaks Park

    4.88 miles

  • Bancroft Street

    5.91 miles

  • Marquam Hill

    6.16 miles

  • Zoo Train

    6.60 miles

  • Oregon City

    6.78 miles

  • PSU South/Southwest 5th & Jackson

    6.81 miles

  • Southeast Water/OMSI

    6.97 miles

  • PSU Urban Center

    7.02 miles

  • Southwest Market & Park

    7.10 miles

  • Chevron

    0.24 miles

  • Shell

    0.45 miles

  • 76

    1.61 miles

  • Space Age

    1.74 miles

  • Electrify America

    2.16 miles

  • eVgo

    2.21 miles

  • Volta

    2.80 miles

  • Blink

    2.91 miles

  • EVGo Fast Charging

    3.91 miles

  • Tesla Supercharger

    4.03 miles

  • Hope Church

    0.44 miles

  • P3

    1.65 miles

  • P5

    1.67 miles

  • P2

    1.74 miles

  • P7

    1.76 miles

  • P1

    1.82 miles

  • P8

    1.83 miles

  • Lake Oswego United Methodist Church

    1.85 miles

  • P9

    1.90 miles

  • P12

    1.95 miles

  • Westlake Meadows Apartments

    0.77 miles

  • Hilton Garden Inn Portland/Lake Oswego

    1.09 miles

  • Fairfield Inn

    1.10 miles

  • Residence Inn

    1.19 miles

  • Crowne Plaza

    1.21 miles

  • Phoenix Inn

    1.26 miles

  • Courtyard

    1.44 miles

  • Holiday Inn Express

    1.46 miles

  • Extended Stay America

    1.68 miles

  • Motel 6

    1.90 miles

  • Big Town Hero

    0.04 miles

  • Momo

    0.04 miles

  • Casa del Pollo

    0.08 miles

  • Lardo

    0.08 miles

  • Papa Murphy's

    0.09 miles

  • Oven and Shaker

    0.10 miles

  • Grassa

    0.10 miles

  • Subway

    0.10 miles

  • Szechuan Kitchen

    0.11 miles

  • Clean Juice

    0.12 miles

  • Lake Grove Elementary School

    0.12 miles

  • International Leadership Academy

    0.47 miles

  • West Hills Schools Montessori

    0.54 miles

  • Uplands Building

    0.92 miles

  • Touchstone Elementary School

    0.99 miles

  • Lake Oswego Middle School

    1.02 miles

  • Oak Creek Elementary School

    1.06 miles

  • Lake Oswego High School

    1.12 miles

  • Westridge Elementary School

    1.32 miles

  • Lakeridge Middle School

    1.32 miles

  • KinderCare

    0.10 miles

  • Noah's Ark Preschool

    0.39 miles

  • The Children's Hour Academy

    1.20 miles

  • Sonshine Preschool & Kindergarten

    1.40 miles

  • Bethlehem Preschool

    1.83 miles

  • Christ Church Episcopal Preschool

    2.04 miles

  • Metzger Community Preschool

    2.30 miles

  • Learning Tree

    2.44 miles

  • Wow and Flutterville Playgarden

    4.69 miles

  • Childcare Center

    6.25 miles

Frequently Asked Questions

How much does 100% Leased Investment in Lake Oswego cost?

The space currently listed for sale at 100% Leased Investment in Lake Oswego asks for $3,674,936.

What is the total square footage of 100% Leased Investment in Lake Oswego?

100% Leased Investment in Lake Oswego totals 13,382 square feet.

When was this property built?

100% Leased Investment in Lake Oswego was built in 1983.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Joe Kappler

Macadam Forbes

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