Office

Legacy Relocation - 815 NE Davis

815 NE Davis St Portland, Oregon United States 97232-2964
Asking Price Contact for pricing
Area Size
NOI Net Operating Income N/A
NIY N/A

Documents

I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Year Built 1974
Building Area Net

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.

Investment Highlights

  • Outstanding location within the central city
  • Favorable accessibility
  • Exceptional value-add opportunity
  • Urban location with suburban conveniences 
  • Discount to replacement costs
  • Short-term sale-leaseback opportunity
  • Tax-advantaged investment
Last Updated Date: 09 Jun 2022

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Last Updated Date: 09 Jun 2022

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