Retail    

Guidepost Montessori

 Portland, OR

Asking Price

$9,880,000

Cap Rate

7.15%

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Lease Type

Absolute Net

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Year Ren.

2022

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Guarantee

Corporate

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Avg HHI

$130K (10 Min.)

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Square Feet

10,200 SF

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INVESTMENT HIGHLIGHTS

  • Surrounded by over 5,000 businesses within a 5-mile radius and affluent average incomes north of $110,000
  • Minimal landlord expense and maintenance obligations (structure/foundation only).
  • Higher Ground Education (HGE) is the largest Montessori school operator in the United States, with 100+ locations, and over $40M of Series E Funding, at a pre-money valuation of $600 million.
  • Corporate guaranteed lease by Higher Ground Education.
  • HGE paid full rent through COVID and never requested any concessions. 
  • The property is surrounded by numerous office parks and retail corridors, making it an ideal location for parents who work in the vicinity.
  • Adjacent to the Lloyd Center shopping mall, the property is currently undergoing entitlement and lease-up processes for a massive 10+ year redevelopment, with numerous leases already signed.

Exclusively Listed By

Kevin Adatto

Managing Director
  kadatto@northmarq.com      503.675.7726
OR Lic. #200003168

John Andreini

CP Partners
  ja@cppcre.com      415.274.2715
CA Lic. #01440360

Co Listed With

John Andreini


ja@cppcre.com | 415.274.2715

CA Lic. #01440360

 

CP Partners

2 Embarcadero, Suite 1440

San Francisco, CA 94111

cppcre.com

Northmarq

4260 Galewood St. Suite A
Lake Oswego, OR 97035


northmarq.com