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Gresham Square Shopping Center 40-360 NW Burnside Rd 85,881 SF 95% Leased Retail Building Gresham, OR 97030 For Sale



Investment Highlights
- Top-Performing Asset Ranked in the top 9% most trafficked in the strip/convenience category nationwide per Placer.ai
- 85% of current tenants have operated in the center for at least 8 years
- Over 60 years of operating history, with 5 locations concentrated in the Portland market
- 96% national and regional credit tenants
- Anchor Tenant: Wunderland State-of-the-art European-designed electric go-kart racing, laser tag, theater and over 100 arcade
- Top 5% most trafficked attractions nationwide; #1 of 5 locations within the chain, per Placer.ai
Executive Summary
upgraded for medical, professional, and finance tenants, and is complemented by a mix of national food operators and retail and service-oriented
tenants. It benefits from strong visibility and prominent frontage along a high-traffic corridor, recently upgraded common areas and modern facades.
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
Express Employment Professionals began in 1983 as a staffing business and expanded through franchising in 1985. The company connects job seekers with full-time, part-time, temporary, and direct-hire roles while helping employers fill office services, light industrial, skilled trades, healthcare, and professional positions. Express Employment Professionals operates through locally owned franchise offices supported by shared international resources, and the brand has grown into a broad staffing network with a presence across the U.S. and several other countries. The company's market presence centers on employment placement, workforce solutions, and franchise-based staffing services for businesses and job seekers.
- Gresham Cinema & Wunderland
- Information
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JR Furniture is a family owned business that was founded by the Rai brothers back in 1980. Named after their father, first location was in Surrey, British Columbia Canada and consisted of 15,000 square feet of elegant and contemporary showroom. Past forward 30+ years, it continues to be a family owned business with over 13 locations; where four are located in Canada, five in the state of Washington, and four in Oregon. With a total of 400,000+ square feet of beautiful showroom, JR Furniture is one of the largest furniture stores in the United States and Canada today.
Kaiser Permanente began in 1945 after emerging from Depression-era industrial medical plans that served workers at major construction and shipyard projects. The company operates as an integrated health care organization that combines health plans, hospitals, and physician-led medical groups into one coordinated system. Services include preventive care, primary care, specialty care, pharmacy, laboratory testing, imaging, mental health support, and digital visits by phone or video. Kaiser Permanente serves members across several U.S. markets and continues to focus on coordinated care, community health, research, and medical education.
Max Nails brings you a New Brand of salon, a uniquely vibrant and relaxed environment with a modern luxurious feel back to our industry. We have an exclusive vision to recognize and re-establish what the industry has been lacking for many years. Our priority is to make our clients feel pampered and relaxed while getting beautified here at our salon. We will maintain our progressiveness and edginess by creating the latest trends and offering an unforgettable experience throughout your stay with us. You belong here, you belong in luxury, you deserve pampering and excellence. We make it our core commitment to provide a comforting yet professional ambiance, while preserving the luxurious and modern salon etiquette. Our salon is proud to have passionate and diverse expert technicians always ready to service you. Thank you for choosing us for your beauty care!
Plato’s Closet is a leading retail franchise specializing in gently used, trendy apparel and accessories for teens and young adults. Founded in 1998 and operated under Winmark Corporation (NASDAQ: WINA), Plato’s Closet has grown to over 480 locations across North America. The brand empowers consumers to buy and sell stylish clothing in a sustainable, affordable way, making fashion accessible while promoting recycling and reducing waste in the fashion industry.
Providence began in 1856 when Mother Joseph and four Sisters of Providence established hospitals, schools, and orphanages in the Northwest. The company is a not-for-profit faith-based health care system that operates hospitals, medical clinics, and a broad range of health and social services across Alaska, California, Montana, New Mexico, Oregon, Texas, and Washington. Providence also includes affiliated medical groups, virtual care, urgent care, and health plan services, supporting a wide health care network across the western United States.
- Rockwood CDC
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- Triple Net
- Sep 2026
- The Brass Eagle Barber Shop
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One of the original off-price retailers, Tuesday Morning is a leading destination for unique home and lifestyle goods. They specialize in name-brand, better/best products for the home. They are known for irresistible finds at an incredible value and search the world for amazing deals to bring to their customers. They are a true closeout retailer, selling high-quality products at prices below those found in boutique, specialty and department stores. Their customers come to them for an exceptional assortment of brand names at great prices. Their primary merchandise mix includes luxury home textiles, home furnishings, housewares and seasonal décor.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
Administrative and Support Services | - | - | Triple Net | - | |
| Gresham Cinema & Wunderland | Information | - | - | - | - | |
|
Retailer | - | - | Triple Net | - | |
|
Health Care and Social Assistance | - | - | - | - | |
|
Services | - | - | - | - | |
|
Retailer | - | - | - | - | |
|
Health Care and Social Assistance | - | - | - | - | |
| Rockwood CDC | - | - | - | Triple Net | Sep 2026 | |
| The Brass Eagle Barber Shop | - | - | - | - | - | |
|
Retailer | - | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Under New Ownership • Renovated Facade • High visibility and multiple access points • Abundant Parking—426 spaces • Excellent Signage • New landscaping, lighting, common area improvements and signage
- 1st Floor
- 4,420 SF
- Office/Retail
- -
- Now
• Under New Ownership • Renovated Facade • High visibility and multiple access points • Abundant Parking—426 spaces • Excellent Signage • New landscaping, lighting, common area improvements and signage
| Space | Size | Space Use | Position | Available |
| 1st Floor | 16,707 SF | Retail | End Cap | Now |
| 1st Floor | 4,420 SF | Office/Retail | - | Now |
| Anchor | 37,566 SF | Retail | - | 30 Days |
1st Floor
| Size |
| 16,707 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
1st Floor
| Size |
| 4,420 SF |
| Space Use |
| Office/Retail |
| Position |
| - |
| Available |
| Now |
Anchor
| Size |
| 37,566 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| 30 Days |
1st Floor
| Size | 16,707 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
Under New Ownership • Renovated Facade • High visibility and multiple access points • Abundant Parking—426 spaces • Excellent Signage • New landscaping, lighting, common area improvements and signage
Anchor
| Size | 37,566 SF |
| Space Use | Retail |
| Position | - |
| Available | 30 Days |
• Under New Ownership • Renovated Facade • High visibility and multiple access points • Abundant Parking—426 spaces • Excellent Signage • New landscaping, lighting, common area improvements and signage
Nearby Major Retailers
Property Taxes
| Parcel Number | R337315 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $9,425,650 |
Property Taxes
Contact the Sale Advisor
Gresham Square Shopping Center | 40-360 NW Burnside Rd
