3103 Northeast 82nd Avenue

CBRE, Inc. is pleased to present the exclusive offering of Subway-82nd Avenue, a single-tenant restaurant strategically situated at the high-profile intersection of 82nd Avenue and Siskyou Street in Portland, Oregon. This exceptional opportunity, located within an Opportunity Zone, benefits from a drive-thru, outstanding visibility, and a daily traffic count of approximately 26,000 vehicles. Positioned directly across from the vibrant 15 acrea recreational hub known as Glenhaven Park and a quarter-mile from McDaniel High School with a student body of 1,650 students, the property is ideally located for success. The offering features a franchised Subway operating under a NNN lease with 1.5 years remaining, offering a 5-year renewal option at market rates and 3% annual rent increases, the next effective in February 2026. Subway-82nd Avenue represents a compelling investment, offering the recognition of a national brand, a prime corner lot location in a densely populated area exceeding 150,000 residents within a three-mile radius and the potential for future upside through amendment of lease terms and rent.

This prime corner property enjoys exceptional visibility at the illuminated intersection of 82nd Avenue and NE Siskiyou Street in Northeast Portland. Situated within an Opportunity Zone, the location is strategically advantageous, positioned just a quarter-mile north of McDaniel High School, serving 1,650 students and 100 staff, and directly across from the vibrant Glenhaven Park, a 15-acre recreational hub that includes baseball fields, softball fields, soccer fields, tennis courts, playgrounds and an 11k sf skate park. Benefiting from high traffic counts of approximately 26,000 vehicles daily on 82nd Avenue, the property is further bolstered by its placement within a densely populated residential area of over 150,000 residents within a three-mile radius, offering substantial commercial potential.