LEASEDOffice
Instrument Leases 19500 Square Feet Office Space At 1895-2035 Northwest Front Avenue In Portland
1895 2035 Northwest Front Avenue
Building Size
19,500 SF
Asset Type
Office
Closing
May 22, 2025
AI
The property involved in this lease transaction is located at 1895-2035 Northwest Front Avenue, Portland, OR. It consists of office space measuring 19,500 square feet. This location is part of the urban core of Portland.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: Not specified
- Square Footage: 19,500
- Address: 1895-2035 Northwest Front Avenue
- Market: Portland, OR
- Tenant: Instrument
- Brokers: Cayla Wardenburg & Niall Travers - JLL
Players
Portland Office Market Snapshot
Boundary boundary · Office · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93