8001-8005 Southwest Hunziker Road

8001-8005 Southwest Hunziker Road, Tigard, OR 97223

Property Information

  • For Sale $21,500,000
  • Property Type Industrial - Warehouse/Distribution
  • Property Size 124,468 SF
  • Units 2
  • Lot Size 6.38 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 1965
  • Year Renovated 2022
  • Date Updated Sep 2, 2026
  • Dock High Doors 19
  • Grade Level Doors 2
  • Office Area 4,711 SF
  • HVAC None

Description

The Highway 217 Corridor, where the subject property is located, is widely recognized as one of the Portland metropolitan area's premier commercial and industrial submarkets. Historically, it has consistently ranked among the region's top three markets for retail, office, and industrial real estate. While broader challenges within the Portland market have led some businesses to relocate to the suburbs, the 217 Corridor has emerged as one of the metro area's most strategically located and cost-effective places to operate. The corridor is adjacent to some of Oregon's most affluent communities and workforce demographics. It provides exceptional access to Southwest Portland, Lake Oswego, Tigard, and Tualatin, areas that are home to many of the state's highest-income households, corporate executives, and business decision-makers. The 217 Corridor offers a uniquely diversified mix of industrial, office, retail, and residential development that is unmatched elsewhere in Oregon. The area is home to major employers, including Nike, Lam Research, Tektronix, and Leupold & Stevens. Washington Square, Oregon's largest regional shopping center, is located nearby and serves as a major retail destination. In addition to these major employers, the area supports a broad base of mid-sized companies and industrial users ranging from traditional manufacturing and warehousing operations to advanced technology, research, and AI-related businesses. As a mature infill market, institutional ownership of industrial properties remains limited. Many industrial buildings are owner-occupied, contributing to historically low vacancy rates and restricted new supply. Industrial vacancy in the Highway 217 submarket is currently reported by CoStar at approximately 7.4% including all flex and industrial space, reflecting continued demand for well-located industrial space. Strategically positioned at the intersection of Highway 217 and Interstate 5, the property offers outstanding regional connectivity. The I-205 interchange and Highway 26 are both within approximately ten minutes, providing efficient access throughout the Portland metropolitan area. The Washington County location also benefits businesses by avoiding Multnomah County's additional tax burden. The Highway 217 industrial market currently maintains a vacancy rate of approximately 2.2% of similar traditional industrial properties and continues to experience stable-to-increasing rental rates. A complete list of 5 properties as of 7/1/26 is available. Combined with some of the strongest demographics in Oregon, the area is one of the most desirable industrial locations in the state.The property consists of two industrial buildings located in the heart of Oregon's strongest commercial and industrial submarket. The properties are leased to quality tenants with established operating histories, providing investors with stable cash flow in one of the region's most sought-after industrial locations. Unit 8005 has extensive improvements at the dock, including mechanical load levelers, trailer locks, curtains, bollards, and status lights at each dock door. All loading is covered by canopies. Both buildings have storefront offices with abundant parking and/or yard area. The Yard area is well-lit and inherently secure, with access to the site. There is a monument sign, and signage is available on both buildings.

Highlights

  • 124,468 SF building - 2 units - 100% occupancy
  • Abundant and lighted parking lot and yard
  • Building and monument signage
  • Built in 1965, renovated in 2022
  • Located in the I-5 corridor
  • Under market expenses
  • Under-rented relative to the location
  • Visible from Hwy 217
  • Zoned Industrial, City of Tigard

Contacts

Location

Located at 8001-8005 Southwest Hunziker Road, Tigard, OR 97223, this property is part of the Bonita neighborhood and Portland market.

Contact Listing Broker
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