We have been selected to exclusively market for sale Professional Plaza 102, a value-add or owner/user medical office opportunity in Portland, OR’s Gateway District. Currently 52.6% occupied, the property offers ±24,800 square feet of vacancy, allowing investors to increase NOI from $403,350 to over $1 million annually at stabilization—yielding a 15.27% cap rate. Priced at just $130/SF, well below replacement cost and recent comps ($156–$193/SF), the asset offers exceptional basis in a core location. Anchored by essential healthcare and public service tenants including Multnomah County, Yakima Valley Farm Workers Clinic, and New Narrative, the property benefits from strong tenant alignment and nearly 40% of GLA leased to tenants with over five years of tenure. Recent renovations include ne