100% Leased Investment in Lake Oswego

For Sale

3990 Southwest Collins Way, Lake Oswego, OR 97035

This Lake Oswego property for sale is located at 3990 Southwest Collins Way. The general use of 100% Leased Investment in Lake Oswego is office and it incorporates 13,382 square feet of class B office space. The current listed sale price for 100% Leased Investment in Lake Oswego is $3,674,936.

Contacts

broker
Joe Kappler

Macadam Forbes

Property Details

  • Property Type Office - General Office
  • Property Size 13,382 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1983
  • Date Updated Jun 2, 2025
The property is within one of the most desirable and well located office markets in the Portland metro area.Well-maintained 13,382 SF fully leased office building in Lake Oswego with close access to Kruse Way, I-5, and Hwy 217. Both tenants have a long history in the building. Kruse Park Chiropractic originally moved into the building in July 2006, and Shannon & Wilson started in October 2014. Shannon & Wilson renewed and expanded within the building in October 2024. This two-story elevator-served building is on 23,668 SF of land with two separate curb cuts. The property is zoned General Commercial and is located within the Lake Grove Village Center Overlay District. The owner has performed several capital improvements as listed below.
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Highlights

  • 100% leased investment
  • Long term tenants
  • New 2nd floor windows and skylights
  • Located in the highly desirable Lake Oswego submarket
  • New roof in 2020
  • New HVAC in 2021
  • New parking lot drainage system in 2025
  • New exterior paint in 2025
  • Updated alarm panels and system in 2024
  • Weighted Average Lease Term (WALT) of approximately 4.1 years

Getting around

  • 78/100

    Walk Score ®

  • 21/100

    Transit Score ®

  • 81/100

    Bike Score ®

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Location

  • City Lake Oswego, OR
  • Neighborhood Waluga
  • Zip Code 97035
  • Market Portland

Points of Interest

  • Willamette Shore Trolley Lake Oswego Station

    2.70 miles

  • Oaks Park

    4.88 miles

  • Bancroft Street

    5.91 miles

  • Marquam Hill

    6.16 miles

  • Zoo Train

    6.60 miles

  • Oregon City

    6.78 miles

  • PSU South/Southwest 5th & Jackson

    6.81 miles

  • Southeast Water/OMSI

    6.97 miles

  • PSU Urban Center

    7.02 miles

  • Southwest Market & Park

    7.10 miles

  • Chevron

    0.24 miles

  • Shell

    0.45 miles

  • 76

    1.61 miles

  • Space Age

    1.74 miles

  • Electrify America

    2.16 miles

  • eVgo

    2.21 miles

  • Volta

    2.80 miles

  • Blink

    2.91 miles

  • EVGo Fast Charging

    3.91 miles

  • Tesla Supercharger

    4.03 miles

  • Hope Church

    0.44 miles

  • P3

    1.65 miles

  • P5

    1.67 miles

  • P2

    1.74 miles

  • P7

    1.76 miles

  • P1

    1.82 miles

  • P8

    1.83 miles

  • Lake Oswego United Methodist Church

    1.85 miles

  • P9

    1.90 miles

  • P12

    1.95 miles

  • Westlake Meadows Apartments

    0.77 miles

  • Hilton Garden Inn Portland/Lake Oswego

    1.09 miles

  • Fairfield Inn

    1.10 miles

  • Residence Inn

    1.19 miles

  • Crowne Plaza

    1.21 miles

  • Phoenix Inn

    1.26 miles

  • Courtyard

    1.44 miles

  • Holiday Inn Express

    1.46 miles

  • Extended Stay America

    1.68 miles

  • Motel 6

    1.90 miles

  • Albertsons

    0.39 miles

  • Zupan's

    0.56 miles

  • Trader Joe's

    1.23 miles

  • New Seasons Market

    1.57 miles

  • Safeway

    1.57 miles

  • Grocery Outlet

    1.84 miles

  • Whole Foods Market

    2.12 miles

  • Saks Off 5th

    2.16 miles

  • Walmart Supercenter

    2.19 miles

  • WinCo Foods

    2.29 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Joe Kappler

Macadam Forbes

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