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Highlights
- Located immediately adjacent to Trader Joe’s, driving strong daily consumer traffic.
- Exceptional accessibility with frontage on SW Pacific Highway and Durham Road and exposure to more than 55,000 vehicles daily.
- Positioned in a highly trafficked commercial district minutes from Tigard’s retail hubs and major highways.
- Features a high-performing mix of national and regional retailers, including Marshalls, Planet Fitness, and Ace Hardware.
- Situated in a trade area with over 237,000 residents and average household incomes exceeding $115,000 within five miles.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste L | 8,939 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $223,475 /YR $18,623 /MO | Triple Net (NNN) |
1st Floor, Ste L
The available 8,939 SF space is positioned immediately adjacent to Trader Joe’s within Tigard Towne Square, a grocery-anchored shopping center in Tigard, Oregon. The space features a wide storefront accessible from the primary customer parking area and includes an open interior suitable for multiple retail configurations. It is located at the signalized intersection of Pacific Highway (OR-99W) and Durham Road, providing prominent visibility to more than 55,000 vehicles per day. The site is served by shared parking and benefits from consistent traffic generated by neighboring tenants, including Planet Fitness, Marshalls, and Ace Hardware. Regional accessibility is enhanced by proximity to Highway 217 and Interstate 5.
- Lease rate does not include utilities, property expenses or building services
- Located in-line with other retail
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Select Tenants at 16200 SW Pacific Hwy, Tigard, OR 97224
- Tenant
- Description
- US Locations
- Reach
- Baskin-Robbins
- Ice Cream
- 29
- International
- Chipotle Mexican Grill
- Fast-food
- 4,568
- International
- Consumer Cellular
- Wireless Communications
- 44
- National
- Planet Fitness
- Fitness
- 3,250
- International
- Subway
- Sub Sandwich
- 26,312
- International
- Trader Joe's
- Supermarket
- 713
- National
| Tenant | Description | US Locations | Reach |
| Baskin-Robbins | Ice Cream | 29 | International |
| Chipotle Mexican Grill | Fast-food | 4,568 | International |
| Consumer Cellular | Wireless Communications | 44 | National |
| Planet Fitness | Fitness | 3,250 | International |
| Subway | Sub Sandwich | 26,312 | International |
| Trader Joe's | Supermarket | 713 | National |
Property Facts
| Total Space Available | 8,939 SF | Total Land Area | 4.40 AC |
| Property Type | Retail | Year Built | 1988 |
| Property Subtype | Supermarket | Parking Ratio | 17.09/1,000 SF |
| Gross Leasable Area | 50,600 SF |
| Total Space Available | 8,939 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 50,600 SF |
| Total Land Area | 4.40 AC |
| Year Built | 1988 |
| Parking Ratio | 17.09/1,000 SF |
About the Property
An 8,939 SF junior anchor space is available for lease at Tigard Towne Square, one of Southwest Portland’s premier grocery-anchored shopping centers. Located at the signalized intersection of SW Pacific Highway (OR-99W) and Durham Road, this property offers outstanding visibility and convenient access. The center is anchored by Trader Joe’s with a robust co-tenancy mix, including Marshalls, Planet Fitness, Ace Hardware, Dollar Tree, Starbucks, and more. The site benefits from traffic counts exceeding 55,000 vehicles per day and draws from an affluent and densely populated trade area of over 237,000 residents within five miles. Average household incomes in the area surpass $115,000, supporting strong retail performance. Tigard Towne Square’s established tenant lineup ensures consistent consumer traffic, making this location highly attractive to retailers seeking to expand into a thriving suburban market with excellent demographics and a strong employment base.
Nearby Major Retailers
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16200 SW Pacific Hwy
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