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3341-3343 SE Hawthorne Blvd 2,150 SF 100% Leased Retail Building Portland, OR 97214 $1,595,000 ($741.86/SF) 6.16% Cap Rate

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Investment Highlights

Desirable Hawthorne Shopping District
Renovated in 2025

Long-Term NNN Leases

Executive Summary

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.

3341-3343 SE Hawthorne Blvd. Sale Brochure

Site Plan

Property Facts

Sale Type

Investment NNN

Property Type

Retail

Property Subtype

Freestanding

Building Size

2,150 SF

Building Class

Year Built

1964

Price

$1,595,000

Price Per SF

$741.86

Cap Rate

6.16%

NOI

$98,212

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.45

Lot Size

0.11 AC

Zoning

C2 - Commercial Mixed Use 2

Parking

5 Spaces (1.32 Spaces per 1,000 SF Leased)

Frontage

57’ on SE Hawthorne Blvd

Bus Line

Pylon Sign

Signage

Signalized Intersection

Accommodation and Food Services
99,999 SF
$9.99
Lorem Ipsum
Jan 0000

Champagne Poetry is the culinary vision of Chef Dan Bian, who brings her passion for baking and artistic flair to life in Portland. Building on the success of La Rose Patisserie and Champagne Poetry Patisserie, Dan’s creations are known for their vibrant flavors and whimsical pink ambiance that reflect her distinctive personality. With the opening of her first full-service restaurant in Nob Hill, she pays tribute to her family's legacy by serving inspired Chinese-Japanese dishes rooted in the traditions of her grandmother’s and mother’s kitchens. Champagne Poetry is more than a restaurant—it’s a celebration of heritage, creativity, and heartfelt hospitality in every bite.

Ice Cream Project
Accommodation and Food Services
99,999 SF
$9.99
Lorem Ipsum
Jan 0000

Tenant	Industry	SF Occupied	Rent/SF	Lease Type	Lease End
	Accommodation and Food Services	99,999 SF	$9.99	Lorem Ipsum	Jan 0000
Ice Cream Project	Accommodation and Food Services	99,999 SF	$9.99	Lorem Ipsum	Jan 0000