Contacts
Joe Kappler
Macadam Forbes
(503) 972-7294
Property Details
- Property Type Retail - Street Retail
- Property Size 7,500 SF
- Lot Size 0.5 Acre
- Year Built 1987
- Date Updated Apr 4, 2024
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Highlights
- 100% leased investment with two long-term tenants
- 7% cap rate factoring in 5% reserves
- Major improvements to the 6,000 SF building in 2018 (seismic upgrade, new ADA restrooms, lighting and access controls).
- The north building tenant recently renewed for five years
Getting around
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Location
- City Portland, OR
- Neighborhood Montavilla
- Zip Code 97220
- Market Portland
Points of Interest
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Northeast 82nd Avenue
0.19 miles
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Gateway/Northeast 99th Avenue Transit Center
0.77 miles
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Northeast 60th Avenue
1.15 miles
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East 102nd Avenue
1.17 miles
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Southeast Main Street
1.35 miles
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Southeast Division Street
1.99 miles
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Hollywood/Northeast 42nd Avenue Transit Center
2.02 miles
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Parkrose/Sumner Transit Center
2.07 miles
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East 122nd Avenue
2.10 miles
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Southeast Powell Boulevard
2.50 miles
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Shell
0.27 miles
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Fred Meyer
0.54 miles
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Chevron
0.56 miles
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Chevron
0.82 miles
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Blink
0.96 miles
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Arco
1.04 miles
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76
1.06 miles
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76
1.12 miles
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76
1.19 miles
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Arco
1.19 miles
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Vestal Elementary Guest Parking
0.37 miles
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The Columba Center
0.68 miles
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Grace Baptist Church Parking
0.69 miles
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Gateway
0.80 miles
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SE Main St
1.33 miles
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Lot B
1.58 miles
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Lot C
1.61 miles
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Lot D
1.66 miles
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Lot A
1.66 miles
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Lot F
1.71 miles
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Don Pedro
0.03 miles
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Eastern Cathay
0.17 miles
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The Happy Dragon
0.21 miles
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East Glisan Pizza Lounge
0.30 miles
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Hanoi Kitchen
0.30 miles
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Burgerville
0.31 miles
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Paitong
0.32 miles
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House of Banh Mi
0.38 miles
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Wendy's
0.38 miles
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The Yard at Montavilla
0.44 miles
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Portland Closeout
0.47 miles
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Hồng Phát Food Center
0.61 miles
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Pacific Market
0.74 miles
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La Bouffe International Gourmet
0.79 miles
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Fred Meyer
0.82 miles
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Ross
0.86 miles
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Kohl's
0.93 miles
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WinCo Foods
1.12 miles
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Nam Phuong
1.28 miles
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Thanh Thao Marketplace
1.32 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
Joe Kappler
Macadam Forbes
(503) 972-7294