Retail Complex on NE 82nd
1015-1033 NE 82nd Avenue, Portland, OR 97220
Two-building retail complex with long-term tenants and dedicated parking.
Type:Retail
- Added:
- Nov 25, 2025
- Days on Market:
- 177
- Last Refresh:
- Apr 5 at 10:12 pm
Property Features for 1015-1033 NE 82nd Avenue
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 1987
Listing agent Joe Kappler License #OR #200605069 (503) 972-7294
Listing office Macadam Forbes (503) 972-7294
Listing date Nov 25, 2025
Source Macadamforbes
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All listing content including descriptions, pricing, images are the copyrighted material of Macadam Forbes
HighLights
- 100% leased investment with two long‑term tenants providing immediate income.
- Attractive 7% cap rate factoring in 5% reserves.
- Prime location on NE 82nd Avenue with dedicated off‑street parking and close proximity to I‑84 and I‑205.
- CM2 zoning allows for a wide variety of office, retail, and commercial uses with a 45' height limit and a 2.5 to 1 FAR.
- Major improvements to the 6,000 SF building in 2018, including a seismic upgrade, new ADA restrooms, lighting, and access controls.
- North building tenant recently renewed for five years, extending the lease to July 31st, 2027.
Overview
This retail complex comprises two buildings situated on NE 82nd Avenue, south of Interstate 84, and includes dedicated off-street parking. The south building, offering 6,000 square feet, is leased to a sports facility. The lease for this building expires on November 15th, 2025, with a current monthly payment of $8,984.37/NNN. In 2018, the tenant completed a major remodel, including a seismic upgrade, new ADA bathrooms, lighting, and new access controls. The north building, encompassing 1,500 square feet, is leased to an auto repair shop with a lease expiring on July 31st, 2027, and a current monthly payment of $3,862.50/NNN. The property is zoned CM2, Commercial Mixed Use 2, allowing for a variety of office, retail, and commercial uses, with a base zone height limit of 45 feet and a 2.5 to 1 FAR. The property is near the Interstate 84 and Interstate 205 interchange, with immediate access to the 72 bus line and a 5-minute walk to the NE 82nd Avenue MAX station. Portland International Airport is a 14-minute drive, and Vancouver, Washington is a 19-minute drive away. The property is a 100% leased investment with two long-term tenants.
Location Intelligence
Current Use by Public Records
Auto shops
Similar Places Nearby
- Gary's Auto Repair LLC — 433 SE 91st Ave, Portland, OR 97216
- Superb Automotive Repairs — 8226 E Burnside St, Portland, OR 97216
- Affordable Car Care — 9321 SE Stark St, Portland, OR 97216
- SIR Auto Glass & Calibration — 7831 SE Stark St Suite #11, Portland, OR 97215
- Fix Auto Portland East — 9255 SE Stark St, Portland, OR 97216
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.579
- Latitude
- 45.5307
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FAQs
What type of property is this?
Auto shop - Two-building retail complex with long-term tenants and dedicated parking.
Where is this auto shop located?
The property is located at 1015-1033 NE 82nd Avenue Portland, OR.
What are key features of this property?
This property features: 100% leased investment with two long‑term tenants providing immediate income.; Attractive 7% cap rate factoring in 5% reserves.; Prime location on NE 82nd Avenue with dedicated off‑street parking and close proximity to I‑84 and I‑205.
