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    450 NW 257 Way Troutdale, OR 97060

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    For Lease
    $15 SF/Yr

    Retail space with high visibility and freeway access.

    Property size:
    164,235 SF
    Lot size:
    164,235 SF

    Property Features for 450 NW 257 Way

    General Information

    Size
    164,235 SF

    Source: Mallorie Goody Agent Mallorie Goody

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Retail Space For Lease

    This retail space is strategically located with freeway visibility off Interstate 84 and a signaled intersection at NW 257th Way. The location benefits from high visibility with 55,000 ADT and is a 15-minute drive to downtown Portland. The property is part of a shopping center that attracts more than 1.5 million visitors annually. Key tenants include Adidas, Bath & Body Works, Pendleton, Coach, Columbia Sportswear, Gap, Levi’s, and Starbucks. The property offers over 800 parking spaces with EVC stations. An onsite social media and marketing team is available, and regular center events are held.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Wholesale Shop Hair Salon Clothing Store Nail Salon Hotel & Motel

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Troutdale Market

    Location Insight

    • Map
    • Local Demand
    City
    Troutdale
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.374
    Latitude
    45.5277

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    FAQs

    What type of property is this?
    Shopping center - Retail space with high visibility and freeway access.
    Where is this shopping center located?
    The property is located at 450 NW 257 Way Troutdale, OR.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - High traffic location: **55,000 ADT with freeway visibility** off Interstate 84 and signaled intersection.; - High visitor volume: More than 1.5 million visitors annually.; - Strong tenant mix: Key tenants include Adidas, Bath & Body Works, Pendleton, Coach, Columbia Sportswear, Gap, Levi’s, and Starbucks.
    (503) 780-6716
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    450 NW 257 Way Troutdale, OR 97060
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    Troutdale, OR 97060
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    450 NW 257 Way Troutdale, OR 97060
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