PROPERTY LOCATION
Cascade Station I & II
9500 & 9600 NE Cascades Parkway
Portland, Oregon 97220
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PROPERTY SUMMARY
Type: Office
Class:
Price: Contact Broker   Listed
Measurement/Yardstick: 127,718 Sq Ft
Number of Buildings: 2
Number of Floors: 0
Occupancy: 0%
Year Built: 2008
Year Renovated:
PROPERTY DESCRIPTION
The subject is Cascade Station 11 - 9,500 building (35,000 sf, 2008 build is a 2-story single office building on 3.24 acres,100% vacant and is part of a 2-building office complex comprising 128,073 sf, built 2008-2009 located in the Airport Submarket of Portland, OR. Uses allowed: Office/College/Daycare. The second building is Cascade Station I - 9,600 building (93,073 sf, 2009 build) is a 4-story office building on 3.97 acres 61% leased by 5 tenants. 536 parking spaces (4.2/1,000 sf). Each building is subject to a ground lease with the Port of Portland. Term 11/2007 to 6/2084 on both leases and all primary term rent was pre-paid with one 14-year extension option. A sale out of REO requires Landlord consent, NTBUW.
Cascade Station I & II

For more information contact  

McCoy Doerrie
Capacity Commercial Group, LLC
mccoy@capacitycommercial.com
Tel: 503-517-7120
https://www.capacitycommercial.com