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6828-6868 SE Foster Rd
Portland, OR 97206
Foster Square · Retail Property For Sale
Executive Summary
Value-add multi tenant shopping center with vacant anchor opportunity.
Investment Highlight:
- Owner/User or Investor Value-Add Opportunity: Ideal for an owner-user seeking a well-located retail asset or an investor looking for a value-add project with long-term upside potential.
- Established Retail Center: Well-maintained property serving the Foster-Powell neighborhood with a stable, long-term tenant base and consistent performance.
- Strong Visibility & Access: Prominent frontage along SE Foster Rd, a major east–west arterial with high daily vehicle counts and steady customer traffic.
- Diverse Tenant Mix: Includes daily-use and service-oriented businesses that support reliable occupancy and a resilient income stream.
- Dense Residential Trade Area: Surrounded by a growing population and established neighborhoods driving strong local retail demand.
- Excellent Connectivity: Easy access to SE 82nd Ave, SE Powell Blvd, and multiple TriMet bus routes, ensuring convenience for both customers and employees.
Investment Highlight:
- Owner/User or Investor Value-Add Opportunity: Ideal for an owner-user seeking a well-located retail asset or an investor looking for a value-add project with long-term upside potential.
- Established Retail Center: Well-maintained property serving the Foster-Powell neighborhood with a stable, long-term tenant base and consistent performance.
- Strong Visibility & Access: Prominent frontage along SE Foster Rd, a major east–west arterial with high daily vehicle counts and steady customer traffic.
- Diverse Tenant Mix: Includes daily-use and service-oriented businesses that support reliable occupancy and a resilient income stream.
- Dense Residential Trade Area: Surrounded by a growing population and established neighborhoods driving strong local retail demand.
- Excellent Connectivity: Easy access to SE 82nd Ave, SE Powell Blvd, and multiple TriMet bus routes, ensuring convenience for both customers and employees.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
33,808 SF
Building Class
B
Year Built/Renovated
1970/2016
Percent Leased
37%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.34
Lot Size
2.30 AC
Zoning
CM2 - Commercial Mixed Use 2
(medium scale)
Parking
101 Spaces (2.99 Spaces per 1,000 SF Leased)
Amenities
- Bus Line
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | R335848 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,758,950 |
Property Taxes
Parcel Number
R335848
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,758,950
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