815 NE Davis_Property for Sale
815 NE Davis_Property for Sale
815 NE Davis St, Portland, OR, 97232-2964, US

815 NE Davis

Asset Description

JLL Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in 815 NE Davis (the “Property”) a four-story, 49,628 square foot office building situated on a 0.92-acre parcel. The offering includes a second 0.34-acre parcel, currently used as surface parking, which is located directly to the west of the Property. 


The Property can be easily transformed to meet the needs of an owner-user or configured for multiple tenants who want flexible build-out options. The Property features parking comparable to suburban offices despite its urban infill location—making this an outlier for the competitive set. Located within a designated Opportunity Zone, investors and owner-users alike will be able to take advantage of the Federal program that incentivizes major core and shell renovation projects through capital gains deferral.

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Attributes

Asking price
CHF 6,859,000
Year built
1974
Year renovated
2012
Building area net
4,611 m²
Land area net
0.37 ha
Number of floors
4 floors
Parking spaces
132

Media

Investment Highlights

  • Outstanding location within the central city
  • Favorable accessibility
  • Exceptional value-add opportunity
  • Urban location with suburban conveniences
  • Repositioning potential
  • Discount to replacement costs
  • Optionality for owner-users
  • Tax-advantaged investment
815 NE Davis 4_Property for Sale
815 NE Davis 4_Property for Sale

Contact brokers

815 NE Davis (0 Properties)

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Last updated
13 Mar 2024