75 NW Couch Street

Portland, OR
Deal Type:
Net Lease
Price:
$6,000,000
Building Sq. Ft.:
39,850 SF
Site Size:
.22 Acres

Investment Highlights

  • Stream Capital Partners and Black Commercial are pleased to offer the opportunity to acquire 75 NW Couch Street, a 39,850 SF building, listed on the National Registry of Historic Places. Centrally located in Portland’s Old Town/Chinatown neighborhood. Walkable to some of Portlands illustrious attractions including parks, markets, lodging and cuisine.
  • Located in the Central Business District of Portland Oregon this landmark building is situated near multiple hotels, award winning restaurants and some of the best regional shopping available.
    Adjacent to the Tri Met Light Rail, blocks away from the streetcar system and blocks from access to area freeways, this building transportation connectivity is excellent.
  • This LEED Silver Certified property is state of the art for energy efficiency. In 2011, $15,000,000 was spent in acquiring and the complete renovating of the building. Renovations included a full seismic retrofit, the addition of a fifth floor penthouse, complete ADA upgrades, full Fire Line Safety (full sprinkler). Complete build out with high end finishes, open duct work with upgraded HVAC, all new plumbing and electrical. Exposed old growth lumber throughout.
  • This building is being offered at well below replacement cost. The leveraged cost to own this property using SBA financing guidelines for qualified buyers is less than the average net lease rate in this market.

Listing Agents

Dean Copans

Managing Director
650 465 3993
[email protected]
andy frazier stream capital partners

Andy Frazier

Vice President
773 301 3073
[email protected]

In cooperation with: John Gibson, Principal Broker, Commercial Black, LLC | 503 860 3267 | [email protected] | OL#971000078

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