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Pro Plaza 102

121-151, 163-181 NE 102nd Ave & 1 Lot, Portland, OR 97220

  • For Sale $8,500,000
  • Property Type Office - Medical Office
  • Property Size 52,840 SF
  • Lot Size 4.49 Acre
  • Building Class C
  • Year Built 1973
  • Date Updated Aug 10, 2022
Turnaround project consisting of 52,840 SF Medical Offices. Fully rented, the NOI is projected at $734,413/year @8.64% Cap Rate and 18,29% IRR. Recent exterior renovations include exterior paint job, new roofing, asphalt, and landscaping improvements. Current NOI is $530,254 per year. (Four new leases are PENDING) Operating Medical Office Complex, centrally located in the east side Gateway trade area, the property has easy access to I-205 & I-84 with immediate proximity to bus lines, MAX Light Rail and Gateway Green - the new 25 acre urban park.
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Location

  • Walk Score ® Very Walkable (80)
  • Transit Score ® Good Transit (68)
  • Bike Score ® Biker's Paradise (96)
Powered by Walk Score ®
  • City Portland, OR
  • Neighborhood Hazelwood
  • Zip Code 97220
  • Market Portland

Points of Interest

East 102nd Avenue

0.15 miles

Gateway/Northeast 99th Avenue Transit Center

0.47 miles

Southeast Main Street

0.72 miles

Northeast 82nd Avenue

1.07 miles

East 122nd Avenue

1.09 miles

Southeast Division Street

1.48 miles

Southeast Powell Boulevard

2.00 miles

Northeast 60th Avenue

2.10 miles

Southeast Holgate Boulevard

2.32 miles

East 148th Avenue

2.40 miles

76

0.18 miles

Chevron

0.39 miles

76

0.43 miles

Blink

0.48 miles

Blink

0.48 miles

Arco

0.66 miles

Fred Meyer

0.79 miles

Shell

0.94 miles

Chevron

0.95 miles

Chevron

1.00 miles

Gateway

0.54 miles

SE Main St

0.71 miles

The Columba Center

0.96 miles

Vestal Elementary Guest Parking

0.98 miles

E 122nd/Menlo Park

1.15 miles

Grace Baptist Church Parking

1.18 miles

Lot B

1.47 miles

Lot C

1.52 miles

Lot A

1.53 miles

Lot D

1.57 miles

Montavilla Motel

0.30 miles

Ramada

0.36 miles

Chesnut Tree Inn

0.37 miles

Motel 6

0.49 miles

Comfort Inn & Suites

1.07 miles

Portland Value Inn & Suites

1.20 miles

Aaron Motel

1.71 miles

Unicorn Motel

1.90 miles

Madison Suites Motel

1.95 miles

Best Value Motel

1.99 miles

Koi Gardens

0.16 miles

Chaya Kitchen & Boba Tea

0.34 miles

Thai Garden

0.34 miles

Ala Carts

0.35 miles

Los Arcos

0.35 miles

Bibo's Philly Cheese Steaks

0.35 miles

Chapter 1 Sushi

0.35 miles

Taqueira Antojitos Yucatecos

0.36 miles

Grill on the Go

0.36 miles

Ala Carts

0.36 miles

Cascade Campus

0.47 miles

Columbia Christian Schools

0.49 miles

Floyd Light Middle School

0.66 miles

East Portland Community Center

0.67 miles

Multnomah University

0.76 miles

Ventura Park Elementary School

0.80 miles

Portland Adventist Academy

0.85 miles

Walla Walla University School of Nursing

0.86 miles

Creative Science School

0.92 miles

Jason Lee Elementary School

0.97 miles

YMCA Child Care

1.65 miles

Early Learning Center

1.97 miles

DiscoveryLand

2.14 miles

Shannon's Child Care & Preschool

2.35 miles

Mt. Tabor Preschool

2.35 miles

Rose City Cooperative Preschool

2.41 miles

Alameda Preschool

2.76 miles

Childswork Learning Center

2.92 miles

YMCA Child Care

3.04 miles

Happy Valley Children's Garden

3.06 miles

Contacts

Cliff Hockley

SVN | Bluestone & Hockley

(503) 222-3800

Highlights

  • Medical office
  • 233 parking spaces
  • *DO NOT DISTURB EXISTING TENANTS*

Frequently Asked Questions

What is the total square footage of Pro Plaza 102?

Pro Plaza 102 totals 52,840 square feet.

When was this property built?

Pro Plaza 102 was built in 1973.

Looking for more in-depth information on this property?

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Contact Listing Broker

Cliff Hockley

SVN | Bluestone & Hockley

(503) 222-3800

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