15205 SW Arrow St

For Sale

15205 SW Arrow St, Sherwood, OR 97140

This Sherwood property for sale is located at 15205 SW Arrow St. The current listed sale price for 15205 SW Arrow St is $7,000,000. 15205 SW Arrow St is situated on a lot that is 0.92 acre in size.

Contacts

Rich Karlson

Tradition Real Estate Partners

Property Details

  • Property Type Industrial - Warehouse/Distribution
  • Property Size 18,141 SF
  • Lot Size 0.92 Acre
  • Date Updated May 20, 2026
  • HVAC None
Situated in the thriving Portland market, the area surrounding the property is known for its robust industrial, warehouse, and distribution landscape. Portland offers access to exceptional transportation infrastructure, including major highways and a well-connected rail network, facilitating seamless distribution and logistics operations. With a strong and diverse labor pool, the area provides ample employment opportunities to support industrial endeavors. Nearby points of interest include major transportation hubs, distribution centers, and industrial parks, showcasing the strategic importance of this location for businesses looking to expand or establish a presence in the Portland market.ABSOLUTE NET INVESTMENT - The tenant is the original developer and builder of the facility, representing a rare level of tenant commitment and long-term operational investment in the property. 15205 SW Arrow Street presents an opportunity to acquire a newly constructed, stabilized industrial investment in the highly desirable Sherwood industrial submarket. Completed in 2023 and now fully occupied by the ownership group operating their business from the facility, the property is being offered as an Absolute Net investment, providing investors with predictable passive income and minimal landlord responsibilities. Lease Structure - The current tenant has successfully operated their business from the property since the building’s completion and has demonstrated the ability to support all operating expenses under the Absolute Net structure. Although the existing lease has approximately three years remaining, the tenant (who is also the current ownership group) has agreed to execute a new five-year lease at closing with two additional five-year renewal options, providing the purchaser with a renewed lease horizon and long-term occupancy stability. The building totals 18,141 square feet, consisting of approximately 10,837 SF of modern office and 7,304 SF of warehouse space, situated on 0.92 acres with 40 on-site parking spaces. The facility features high-end steel construction, modern architectural design, and a highly functional industrial layout. With strong in-place income of approximately $384,954 annually, the offering represents a ~5.50% capitalization rate on a brand-new building with significant remaining lease term and contractual rent increases. This investment provides a rare opportunity to acquire new-generation industrial product with stabilized occupancy, passive income, and minimal management requirements in one of the Portland metro area’s strongest industrial markets.
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Highlights

  • 0.92 Acre Site with 40 Parking Spaces
  • 10,837 SF Office | 7,304 SF Warehouse
  • 100kW Solar Array reducing operating costs
  • 18,141 SF Total Building Area
  • 35'11" Clear Height with four roll-up doors
  • 3-Phase 600A 480/277 Power
  • 5.50% Pro-Forma Cap Rate on new construction
  • Absolute Net (NNN) Lease Structure – tenant responsible for operating expenses
  • High-Quality Steel Construction with premium standing seam roof
  • Located in the Sherwood industrial corridor, one of Portland’s fastest growing employment areas
  • New 5-Year Lease Executed at Closing - The tenant has agreed to execute a new five-year lease at closing with two additional five-year options to renew, providing the buyer with a fresh lease term and long-term income potential.
  • Newly Completed Industrial Facility with modern design and construction
  • Stabilized Income – approximately $384,954 annual NOI

Attachments

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Location

  • City Sherwood, OR
  • Neighborhood Tualatin North
  • Zip Code 97140
  • Market Portland

Points of Interest

  • Willamette Shore Trolley Lake Oswego Station

    8.96 miles

  • Electrify America

    0.32 miles

  • 76

    0.39 miles

  • Blink

    0.55 miles

  • Shell

    0.63 miles

  • Chevron

    0.72 miles

  • Sherwood Center for the Arts

    1.04 miles

  • Arco

    3.22 miles

  • Jubitz CFN

    3.52 miles

  • Texaco

    3.66 miles

  • Volta

    3.87 miles

  • INACTIVE 76 Car Wash

    0.38 miles

  • Kaady Car Wash

    2.75 miles

  • Stafford Hills Car Wash

    4.01 miles

  • Hertz

    4.19 miles

  • Shiny Impressions Auto Detail

    4.93 miles

  • Kiss

    5.13 miles

  • Kiss Car Wash

    5.25 miles

  • Enterprise

    5.60 miles

  • Amazing Auto Detail

    6.05 miles

  • Skyline

    6.44 miles

  • Panera Bread

    0.17 miles

  • The Old Spaghetti Factory

    0.19 miles

  • Red Robin

    0.23 miles

  • Chipotle

    0.27 miles

  • Killer Burger

    0.29 miles

  • Subway

    0.29 miles

  • Taco Time

    0.29 miles

  • Panda Express

    0.31 miles

  • Jersey Mike's Subs

    0.31 miles

  • MOD Pizza

    0.32 miles

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