Historical Retail Sale Listing - 181st Center

Retail For Sale

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181st Center

650 NE 181st Street, Portland, OR 97230

N/A

19,792 SF | Retail

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181st Center - Portland, OR

Retail Property - Off Market

Price:
N/A
Gross Leasable Area:
19,792 SF
Property Type:
Retail
Property Sub-type:
Strip Center
Additional Sub-types:
Neighborhood Center
Property Use Type:
Investment
Cap Rate:
8.50%
Year Built:
1979
Listing ID
14634289
Last Updated
over 1 year ago

Highlights

  • Ideal Urban Location
  • Priced Below Replacement Cost
  • Adjacent to Rite Aid
  • Proximity to Interstate 84
  • Passive Management Leases
  • Strong Demographics

Description

The retail center enjoys the advantages of high traffic counts, excellent visibility from 181st Avenue, and shared parking with the adjacent Rite Aid.

This offering represents an opportunity to purchase a well located retail center in the densely populated Portland suburb of Gresham. 181st Center serves the surrounding residential area, as well as a thriving industrial base along I-84 and Glisan Street.

Map of 650 NE 181st Street, Portland, OR 97230 (Multnomah County)

Research for 650 NE 181st Street, Portland, OR 97230 (Multnomah County)

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