Contacts
North Rim
Property Details
- Property Type Retail
- Property Size 3,796 SF
- Lot Size 0.12 Acre
- Cap Rate % 6.16
- NOI / YR $98,212.00
- Parking Spaces Avail. 5
- Parking Ratio 1.32 / 1,000 SF
- Property Tenancy Multi-Tenant
- Year Renovated 2025
- Date Updated Jul 21, 2026
- Building Hours 24
- HVAC Hours 24
- Visibility/Traffic Count (VPD) 18,000
3341–3343 SE Hawthorne Boulevard presents an exceptional investment opportunity in one of Portland's premier urban retail corridors. Located in the heart of the vibrant Hawthorne District, this fully leased, recently renovated property offers investors stable long-term NNN income with minimal landlord responsibilities. The free-standing 3,796-square-foot building with parking and signage is 100% occupied by established local culinary concepts with long-term lease commitments. Positioned on a highly visible corner in one of Portland's most sought-after retail destinations, the property benefits from exceptional pedestrian activity, strong vehicle traffic, and a dynamic mix of restaurants, boutiques, and neighborhood businesses. Combining quality tenancy, professional management, recent capital improvements, and an irreplaceable prime retail location, this asset offers investors a rare opportunity for dependable cash flow and long-term appreciation.
Reach out to the broker for more info on lease terms and amenities
Highlights
- Highly Desirable Corner Location in the Trendy Hawthorne Shopping District
- Free Standing Building
- Parking Lot with Pylon Sign
- 100% Occupied with Long-Term NNN Leases
Attachments
Getting around
-
97/100
Walk Score ®
-
49/100
Transit Score ®
-
100/100
Bike Score ®
Location
- City Portland, OR
- Neighborhood Sunnyside
- Zip Code 97214
- Market Portland
Points of Interest
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Southeast Grand & Mill
1.50 miles
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Southeast Martin Luther King & Taylor
1.56 miles
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Southeast Martin Luther King & Mill
1.57 miles
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Southeast Water/OMSI
1.67 miles
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Northeast Grand & Hoyt
1.82 miles
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Northeast Martin Luther King & Hoyt
1.86 miles
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Northeast 7th & Holladay
1.88 miles
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Northeast Grand & Multnomah
2.01 miles
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Northeast Weidler & Grand
2.12 miles
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Oak Street/Southwest 1st Avenue
2.13 miles
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Electrify America
0.29 miles
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Arco
0.42 miles
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Shell
0.56 miles
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76
0.64 miles
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Astro
1.08 miles
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Blink
1.10 miles
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Chevron
1.15 miles
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Kwik-Gas
1.43 miles
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Pacific Pride
1.47 miles
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EVgo
1.56 miles
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Fraternal Order of Eagles #3256
0.87 miles
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East Lot
1.43 miles
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North Lot
1.52 miles
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Parking 2
1.52 miles
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South Lot
1.60 miles
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Waterman Building Parking Annex
1.73 miles
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Oregon Museum of Science and Industry
1.76 miles
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U-Park
1.78 miles
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Visitor Parking
1.81 miles
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Farmhouse Kitchen
0.03 miles
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Neza
0.03 miles
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Plaza Coyoacan
0.05 miles
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The Hazel Room
0.06 miles
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Saké
0.06 miles
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Hello India Restaurant & Lounge
0.07 miles
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TarBoush
0.08 miles
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Rovente Pizzeria
0.10 miles
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Tomo Ramen
0.11 miles
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Fried Egg I'm In Love
0.11 miles
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H Mart
0.30 miles
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Fred Meyer
0.30 miles
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Safeway
0.37 miles
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New Seasons Market
0.44 miles
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Whole Foods Market
0.83 miles
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People's Food Co-op
1.08 miles
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Natural Grocers
1.09 miles
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Market of Choice
1.25 miles
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The Realm Refillery
1.66 miles
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Lloyd Center
1.78 miles
North Rim