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1 Contact: Steve Edelman Greenwing Realty, LLC (503) 473.8870 [email protected] 11850 SW 67th Avenue Suite 210 Portland, OR 97223 Twin Oaks Plaza Greenwing Realty takes pride in presenting this quality office property for sale located in the heart of the Sunset Corridor. 1905 NW 169th Place Beaverton, OR 97006 Multi Tenant Office Building 17,331 RSF Currently 100% Occupied Two Story Structure 1.07 Acres / 46,450 SF of Land 64 Off-Street Parking Spaces Built in 1985 Common Areas Renovated Flat Roof System Two 15-Ton / One 20-Ton Roof Mounted Lennox HVAC Units Monument Signage $2,495,000 FOR SALE REALTY, LLC Investment Opportunity

Twin Oaks Plaza€¦ · Twin Oaks Plaza Greenwing Realty takes pride in presenting this quality office property for sale located in the heart of the Sunset Corridor. 1905 NW 169th

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Page 1: Twin Oaks Plaza€¦ · Twin Oaks Plaza Greenwing Realty takes pride in presenting this quality office property for sale located in the heart of the Sunset Corridor. 1905 NW 169th

1

Contact:

Steve Edelman Greenwing Realty, LLC

(503) 473.8870 [email protected]

11850 SW 67th Avenue Suite 210

Portland, OR 97223

Twin Oaks Plaza Greenwing Realty takes pride in presenting this quality office property for sale located in the heart of the Sunset Corridor.

1905 NW 169th Place Beaverton, OR 97006

Multi Tenant Office Building

17,331 RSF

Currently 100% Occupied

Two Story Structure 1.07 Acres / 46,450 SF of Land 64 Off-Street Parking Spaces Built in 1985 Common Areas Renovated Flat Roof System Two 15-Ton / One 20-Ton Roof Mounted Lennox HVAC Units Monument Signage

$2,495,000

FOR SALE REALTY, LLC

Investment Opportunity

Page 2: Twin Oaks Plaza€¦ · Twin Oaks Plaza Greenwing Realty takes pride in presenting this quality office property for sale located in the heart of the Sunset Corridor. 1905 NW 169th

2

Building Floor Plan

GREENWING REALTY, LLC - 11850 SW 67th Avenue, Suite 210 - Portland, OR 97223 - 503.473.8870

TWIN OAKS PLAZA

Page 3: Twin Oaks Plaza€¦ · Twin Oaks Plaza Greenwing Realty takes pride in presenting this quality office property for sale located in the heart of the Sunset Corridor. 1905 NW 169th

3

Building Floor Plan

GREENWING REALTY, LLC - 11850 SW 67th Avenue, Suite 210 - Portland, OR 97223 - 503.473.8870

EXPENSES MONTHLY ANNUAL PSF

Property Taxes $ 3,033 $ 36,401 $2.10

Property Insurance $ 203 $ 2,431 $0.14

Utilities (W&S / Electric / Gas) $ 2,539 $ 30,465 $1.76

Janitorial / Trash $ 2,011 $ 24,137 $1.39

Landscaping $ 1,725 $ 20,696 $1.19

Security $ 454 $ 5,444 $0.31

MEP & General Maintenance $ 742 $ 8,904 $0.51

Elevator Maintenance $ 237 $ 2,842 $0.16

TOTAL OPERATING EXPENSES $11,715 $140,580 $8.11

Management (3%) $ 772 $ 9,260 $0.53

CASH FLOW MONTHLY ANNUAL PSF

Base Rent $26,342 $316,507 $18.26

Tenant Signage Rent $ 141 $ 1,695 $ 0.10

GROSS RENT (2017) $26,517 $318,202 $18.36

Vacancy (3%) ($ 796) ($ 9,546) ($ 0.55)

GROSS RENTAL INCOME $25,721 $308,656 $17.81

OPERATING EXPENSES (2016) ($11,715) ($140,580) ($ 8.11)

NET OPERATING INCOME $14,006 $168,076 $ 9.70

INCOME RSF EXPIRES CURRENT MONTHLY ANNUAL PSF TENURE

A 1,458 08/31/19 $ 2,126 $ 25,515 $17.50 2016

B 1,552 04/30/20 $ 2,328 $ 27,936 $18.00 2002

C 1,570 02/29/20 $ 2,430 $ 29,155 $18.57 2015

D 1,740 09/30/22 $ 2,646 $ 31,755 $18.25 2002

E 2,479 09/30/22 $ 3,780 $ 45,366 $18.30 2009

F 2,654 09/30/22 $ 4,003 $ 48,037 $18.10 2013

G 5,073 09/30/22 $ 7,821 $ 93,851 $18.50 2006

H 805 Mgmt. Office $ 1,241 $ 14,892 $18.50 Projected

I 258 Conference (Not Include)

TOTALS 17,331 $26,376 $316,507 $18.26

DISCLOSURE: The information provided herein has been provided by other sources and believed to be reliable. No representations or warranties, expressed or implied, are made as to the accuracy of the information and/or projections. Any references to square footages, financial information and/or budgeted items are approximate and are subject to change and/or interpretation.

TWIN OAKS PLAZA