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Three-Bay Auto Service Property
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11110 NE WEIDLER ST PTLAND, Portland, OR 97220

Valvoline operates under an absolute NNN lease with renewal options and scheduled rent increases.

Property SizeContact for details
Days on Market10

Property Features for 11110 NE WEIDLER ST PTLAND

General Information

Standard status Active
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Service Bays 3

Building Details

Year Built 1987
Year Renovated 2022
Listing Agency: Northmarq
Listed By: Sean Mack · License #OR 990100161
Source: Crexi
Added: Sep 17 Changed: Sep 25 Last Checked: Sep 24 at 1:55PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Northmarq

Investment Insights

Based on property information with market context.

The Portland auto service property has a three-bay layout and underwent a full renovation in 2022. Originally built in 1987, it is operated by Valvoline Instant Oil Change. The absolute NNN lease runs through September 30, 2037, and includes three five-year renewal options. Contractual rent increases of 10% occur every five years, including during option periods, with the next scheduled for 2032.

The site sits between NE Halsey Street and NE Weidler Street, with access to the I-205 and I-84 interchange. Reported daily traffic is 15,800 vehicles on NE Halsey Street, 13,600 on NE Weidler Street, and nearly 300,000 at the interchange. More than 403,000 residents live within a five-mile radius.

Key Highlights

  • Three‑bay service configuration
  • Fully renovated in 2022; originally built in 1987
  • Absolute NNN lease through September 30, 2037, plus three five‑year renewal options

Property Analytics

Current Use

Valvoline Instant Oil ... Auto Repair Shop Jiffy Lube Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Plumbing Service Bakery (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Service bays
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,164
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97220, OR

29,357
Population
12,177
Households
2.4
Avg Household Size
39
Median Age
35%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
3,914
Density / Sq Mi
$68,976
Median Household Income
$41,696
Median Earnings
$1,412
Median Rent
$427,700
Median Home Value

Market

Vacancy Rate% for Retail in Portland, OR

4.6% 2019
5.6% 2020
5.2% 2021
4.2% 2022
4.4% 2023
4.7% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Fischer Automotive Repair — 325 NE 100th Ave, Portland, OR 97220
  • Cascade Truck & Auto Accessories — 426 NE 102nd Ave, Portland, OR 97220, United States
  • Ron Tonkin Chevrolet — 122 NE 122nd Ave, Portland, OR 97230
  • Chevrolet Service — portland, or 97230
  • Ron Tonkin Chevrolet Service & Parts — 122 NE 122nd Ave, Portland, OR 97230

Frequently Asked Questions

What type of property is this?
Auto shop - Valvoline operates under an absolute NNN lease with renewal options and scheduled rent increases.
Where is this auto shop located?
The property is located at 11110 NE WEIDLER ST PTLAND Portland, OR.
What is the asking price?
The asking price for this property is $1,560,000.
What are key features of this property?
This property features: Three‑bay service configuration; Fully renovated in 2022; originally built in 1987; Absolute NNN lease through September 30, 2037, plus three five‑year renewal options
More about this property
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