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Office Flex Space w/ Warehouse and Mezzanine Build-Out – 4,003 Square Feet – Hillsboro OR

 

Suite P is an office/warehouse flex space, with mezzanine build-out available for lease in Hillsboro, Oregon. The property is conveniently located right off of the SE Tualatin Valley Hwy and Hwy 26.  

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Suite P has been upgraded to an Assembly Group A-3 use, meaning that in addition to industrial uses, it can also be used for “worship, recreation or amusement uses” including but not limited to:

• Amusement arcades

• Art galleries

• Bowling allies

• Community halls

• Courtrooms

• Dance halls (not including food or drink consumption)

• Exhibition halls

• Funeral parlors

• Gyms (without spectator seating)

• Indoor tennis courts (without spectator seating)

• Lecture halls

• Libraries

• Museums

• Places of religious worship

• Pool and billiard parlors

 

5405 SE Alexander Street recently underwent site-wide improvements including a full exterior repaint, updated exterior lighting, and a parking lot repair/re-coat. 

 

The property is an industrial park with multiple tenants.  

 

Suite P is located in a butler-style metal skinned insulated building with a pitched roof. The suite has modern office build-out, high interior clearance, one (1) 14’ high roll-up door, and two (2) standard entry doors. 

 

The suite is approximately 4,003 sqft in total.  The footprint of the suite is 2,655 sqft, which includes 1,200 sqft of modern office build-out and approximately 1,455 sqft of high clearance warehouse space.  In addition to the 2,655 sqft footprint of the suite, there is a 1,348 sqft mezzanine space included in the total square footage of the flex space.  The mezzanine area is a finished, stairway-served, usable space.

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Suite P has ample lighting, ample water, and gas heat.

 

Power: 120/208 V service, 3 Phase, 200 amps of panel breaker space

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Two-year minimum lease. Extensions beyond two years available.

 

First-year base rent rate is $10.00 per year per square foot.  First-year base rent for mezzanine space is calculated at $5.00 per year per square foot ($2,774.17 per month total in base rent), plus $2.00 per year per square foot pro-rata allocation of triple net (NNN) costs ($645.33 per month), resulting in all-in lease cost of $3,441.34 per month for year 1 with 3% annual increases to base rent.

 

Tenants will also pay their own electricity, gas, and garbage.

 

Serious inquiries only. Courtesy to brokers.