2307-2333 Pacific Ave
Forest Grove, OR 97116
Forest Grove Center · Retail Property For Sale

Marcus & Millichap has been selected to exclusively market for sale Forest Grove Center, a 100% leased multi-tenant retail property located in Forest Grove, Oregon ("Subject Property"). Located adjacent to Pacific University in the heart of Forest Grove, the subject is ideally located in the Forest Grove submarket which is just 25 miles to the west of Portland. Forest Grove Center is anchored by a Forest Grove Fitness Center and Tuality Healthcare and otherwise has a healthy mix of daily needs retail tenants. The additional tenants include numerous eateries, a dry cleaners, and H&R Block among others. Also, with an abundance of parking the Property is able to generate additional income leasing parking spaces to Pacific University. Forest Grove is a city located 25 miles west of Portland and eight miles from the Sunset Corridor. With the explosion of and the influx of hi-tech companies and manufacturing jobs in the Hillsboro and Beaverton area, Forest Grove is fast becoming the bedroom community of the Sunset Corridor. Forest Grove is home to Pacific University, and independent liberal arts school which was established in 1849 and has a student population of 3,500. Forest Grove has an estimated population of over 22,500 which is over a 20 percent increase in the population since 2000. Forest Grove is connected to Portland,Beaverton, and Hillsboro via the Portland light rail system (MAX) and the TriMet public transit service. Pacific Univesity, Tuality Forest Grove Hospital, Merix, and Westak are the city' s largest employers.