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Riverwood Center 8166 SW Hall Blvd 13,907 SF 100% Leased Retail Building Beaverton, OR 97008 $5,648,000 ($406.13/SF) 6% Cap Rate



Investment Highlights
- High-visibility retail center on SW Hall Blvd
- 7-Eleven anchored daily traffic & generator & Ample parking with convenient ingress/egress
- Easy access to Hwy 217, Hwy 26, and I-5: Located near Nimbus Business Center and major employment hubs
- Diverse mix of restaurants, services, and convenience retail
- Strong surrounding residential and employment base
- Monument and building signage available
Executive Summary
Riverwood Center – Retail Investment Opportunity
8166 SW Hall Blvd, Beaverton, Oregon
Riverwood Center is a neighborhood retail strip center located along SW Hall Boulevard in the highly active Beaverton commercial corridor. The property serves a dense residential population and surrounding office and light-industrial employment base, offering a diverse mix of service, restaurant, and convenience tenants that generate steady daily customer traffic. The center benefits from strong street visibility, easy access, and proximity to major regional transportation routes including Highway 217, Highway 26, and Interstate 5.
The property is positioned next to the popular Nimbus Business Center and near Washington Square commercial district, providing excellent exposure and convenient access for customers traveling throughout the Beaverton–Tigard area.
Property Overview:
Property Name: Riverwood Center
Address: 8166 SW Hall Blvd, Beaverton, OR
Property Type: Neighborhood Retail / Strip Center
Total Building Size: approx. 13907 SF
Land Area: approx. 1.42 acre
Parking: ~120 surface parking spaces
Frontage: SW Hall Boulevard
Access: Convenient access to Hwy 217, Hwy 26, and I-5
Signage: Monument and building signage available
Tenant Mix:
Riverwood Center features a diverse mix of food, retail, and service tenants that create steady customer traffic throughout the day and evening. The center includes convenience retail, restaurants, and personal service businesses that serve the surrounding neighborhoods and nearby business parks.
Typical tenants include:
7-Eleven
Convenience Retai-A globally recognized convenience retailer providing everyday necessities including beverages, snacks, prepared foods, and household items. Operates tens of thousands of stores worldwide with extended hours and high-frequency daily visits.
Zen Foot Massage
Wellness & Personal Services-A local wellness provider specializing in reflexology, foot therapy, and therapeutic massage treatments. Attracts repeat clients seeking relaxation, pain relief, and wellness maintenance.
Kara Ethiopian Restaurant-A specialty restaurant serving traditional Ethiopian dishes such as injera, stews, and vegetarian platters. Highly rated for unique communal dining experience and authentic flavors.
Fireside Grill_ neighborhood restaurant offering casual dining options in a comfortable setting, appealing to families and local residents.
Matty’s- Video Lottery-A casual restaurant serving comfort food and bar-style menu items catering to neighborhood patrons.
Las Fronteras -A restaurant offering traditional Mexican dishes such as tacos, burritos, and house specialties. Mexican restaurants consistently rank among the most popular dining categories.
JD Smoker
Vape & Smoke Shop -A specialty retail vape and smoke shop offering a variety of vaping devices, disposable vapes, e-liquids, and smoking accessories. Serves adult customers from the surrounding neighborhood and nearby businesses, generating steady repeat traffic due to the consumable nature of vape products.
Banya Japanese Restaurant-A Japanese restaurant known for sushi, teriyaki, and bento meals. Reviews frequently highlight fresh sushi and good value.
La Imperial Bakery-Bakery & Specialty Food-A local bakery offering fresh pastries, bread, cakes, and desserts.
This diverse tenant mix provides a strong synergy of daytime, evening, and weekend traffic.
Location Highlights:
Located in Beaverton’s Vose / Hall Blvd commercial corridor
Adjacent to Nimbus Business Center employment hub
Surrounded by dense residential neighborhoods and apartments
Minutes to Washington Square regional retail area
Convenient access to TriMet transit and WES commuter rail
Investment Appeal:
Stable neighborhood retail center with diverse tenants
High-visibility location on a major Beaverton arterial
Strong daily traffic from surrounding residential and employment areas
Convenient freeway access supporting regional customer base
Ample on-site parking and monument signage
8166 SW Hall Blvd, Beaverton, Oregon
Riverwood Center is a neighborhood retail strip center located along SW Hall Boulevard in the highly active Beaverton commercial corridor. The property serves a dense residential population and surrounding office and light-industrial employment base, offering a diverse mix of service, restaurant, and convenience tenants that generate steady daily customer traffic. The center benefits from strong street visibility, easy access, and proximity to major regional transportation routes including Highway 217, Highway 26, and Interstate 5.
The property is positioned next to the popular Nimbus Business Center and near Washington Square commercial district, providing excellent exposure and convenient access for customers traveling throughout the Beaverton–Tigard area.
Property Overview:
Property Name: Riverwood Center
Address: 8166 SW Hall Blvd, Beaverton, OR
Property Type: Neighborhood Retail / Strip Center
Total Building Size: approx. 13907 SF
Land Area: approx. 1.42 acre
Parking: ~120 surface parking spaces
Frontage: SW Hall Boulevard
Access: Convenient access to Hwy 217, Hwy 26, and I-5
Signage: Monument and building signage available
Tenant Mix:
Riverwood Center features a diverse mix of food, retail, and service tenants that create steady customer traffic throughout the day and evening. The center includes convenience retail, restaurants, and personal service businesses that serve the surrounding neighborhoods and nearby business parks.
Typical tenants include:
7-Eleven
Convenience Retai-A globally recognized convenience retailer providing everyday necessities including beverages, snacks, prepared foods, and household items. Operates tens of thousands of stores worldwide with extended hours and high-frequency daily visits.
Zen Foot Massage
Wellness & Personal Services-A local wellness provider specializing in reflexology, foot therapy, and therapeutic massage treatments. Attracts repeat clients seeking relaxation, pain relief, and wellness maintenance.
Kara Ethiopian Restaurant-A specialty restaurant serving traditional Ethiopian dishes such as injera, stews, and vegetarian platters. Highly rated for unique communal dining experience and authentic flavors.
Fireside Grill_ neighborhood restaurant offering casual dining options in a comfortable setting, appealing to families and local residents.
Matty’s- Video Lottery-A casual restaurant serving comfort food and bar-style menu items catering to neighborhood patrons.
Las Fronteras -A restaurant offering traditional Mexican dishes such as tacos, burritos, and house specialties. Mexican restaurants consistently rank among the most popular dining categories.
JD Smoker
Vape & Smoke Shop -A specialty retail vape and smoke shop offering a variety of vaping devices, disposable vapes, e-liquids, and smoking accessories. Serves adult customers from the surrounding neighborhood and nearby businesses, generating steady repeat traffic due to the consumable nature of vape products.
Banya Japanese Restaurant-A Japanese restaurant known for sushi, teriyaki, and bento meals. Reviews frequently highlight fresh sushi and good value.
La Imperial Bakery-Bakery & Specialty Food-A local bakery offering fresh pastries, bread, cakes, and desserts.
This diverse tenant mix provides a strong synergy of daytime, evening, and weekend traffic.
Location Highlights:
Located in Beaverton’s Vose / Hall Blvd commercial corridor
Adjacent to Nimbus Business Center employment hub
Surrounded by dense residential neighborhoods and apartments
Minutes to Washington Square regional retail area
Convenient access to TriMet transit and WES commuter rail
Investment Appeal:
Stable neighborhood retail center with diverse tenants
High-visibility location on a major Beaverton arterial
Strong daily traffic from surrounding residential and employment areas
Convenient freeway access supporting regional customer base
Ample on-site parking and monument signage
Data Room Click Here to Access
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
13,907 SF
Building Class
C
Year Built
1968
Price
$5,648,000
Price Per SF
$406.13
Cap Rate
6%
NOI
$338,880
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
1.42 AC
Zoning
CI - Neighborhood Shopping Center located at SW Hall Blvd, Beaverton OR. Three Buildings
Parking
60 Spaces (4.31 Spaces per 1,000 SF Leased)
Frontage
87’ on Hall Blvd
Amenities
- Pylon Sign
- Signage
- Air Conditioning
Walk Score®
Very Walkable (76)
Bike Score®
Very Bikeable (84)
Nearby Major Retailers
Property Taxes
| Parcel Number | R0240046 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $2,614,790 |
Property Taxes
Parcel Number
R0240046
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$2,614,790
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Riverwood Center | 8166 SW Hall Blvd
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