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    6523 NE Cherry Dr Hillsboro, OR 97124

    For Lease
    $26 SF/Yr ($1,807 /Mo)

    Second-generation retail space in a mixed-use neighborhood near transit.

    Property size:
    834 SF
    Lot size:
    4.24 Acres

    Property Features for 6523 NE Cherry Dr

    General Information

    Size
    834 SF
    Lot size
    4.24 Acres

    Source: Capacity Commercial Group Agent Michelle Rozakis

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

    Overview

    Retail Space in Orenco Station

    Available retail and service spaces are located on the ground floor of Tessera at Orenco Station, a mixed-use neighborhood in Hillsboro. The Platform District encompasses over 48,000 square feet of commercial space and over 1,000 luxury apartments. Tessera's current co-tenants include Vivid Eye Care and Orenco Barber and Beauty. Part of the Orenco Station mixed-use neighborhood, the location offers a dense community with luxury apartment units, MAX Light Rail access, and multiple neighborhood retail and dining options. The property features street frontage, walkability, transit access, and a diverse retail tenant mix. It is located within a two-minute walking distance of Orenco Station’s TriMet MAX Light Rail Stop and near Intel’s Ronler Acres and Hawthorn Farm Campuses. Nearby points of interest include La Provence, New Season’s Market, AR Workshop, One Horse Taphouse, Orangetheory Fitness, Nine Dang Fine Thai, Ava Rosteria, Mazama Brewing, Barre3 and Schmizza Public House. The property offers 834 square feet of space.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hillsboro
    County
    Washington
    State
    Oregon
    Longitude
    -122.9127821
    Latitude
    45.5316725

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    FAQs

    What type of property is this?
    Retail space - Second-generation retail space in a mixed-use neighborhood near transit.
    Where is this retail space located?
    The property is located at 6523 NE Cherry Dr Hillsboro, OR.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: - Located in the heart of Orenco Station, a dense mixed-use neighborhood with luxury apartments, retail, and dining.; - Excellent transit access with a two-minute walk to the TriMet MAX Light Rail stop.; - High visibility with excellent street frontage and walkability.
    (503) 222-0755
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    6523 NE Cherry Dr Hillsboro, OR 97124
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    Hillsboro, OR 97124
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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
    6523 NE Cherry Dr Hillsboro, OR 97124
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