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    4937-4941 NE Fremont Street Portland, OR 97213

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    Newer investment retail condominium with stable tenants and strong rent.

    Type:Retail
    Added:
    Nov 25, 2025
    Days on Market:
    155
    Last Refresh:
    Apr 5 at 10:12 pm

    Property Features for 4937-4941 NE Fremont Street

    General Information

    Standard status
    Active
    Property subtype
    Retail

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    Listing Contact
    Dann Wonser
    Dann Wonser

    Listing agent Dann Wonser

    Listing office Macadam Forbes

    Listing date Nov 25, 2025

    Source Macadamforbes

    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 Macadam Forbes


    Overview

    Beaumont Neighborhood Retail Condominium

    This newer investment retail condominium is located in the Beaumont neighborhood. The property operates at a 6.1% cap rate with stable tenants and demonstrates strong rent growth. All tenants are original, with over nine years of tenancy, and have either five, six, or seven years remaining on their lease terms. All tenants have 3% annual rent increases. All landlord responsibilities are handled by property management and the HOA, and all expenses, including property management, are pass-through. The neighborhood has a median income 62.5% above the city average, and a 6.5% projected population growth in the next five years. The HOA has healthy reserves. The rent roll, income, and cap rate are effective as of September 1, 2019.
    Location Intelligence

    Current Use by Public Records

    Strip malls

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.612
    Latitude
    45.5486

    FAQs

    What type of property is this?
    Strip mall - Newer investment retail condominium with stable tenants and strong rent.
    Where is this strip mall located?
    The property is located at 4937-4941 NE Fremont Street Portland, OR.
    What are key features of this property?
    This property features: 6.1% Cap rate with stable tenants and strong rent growth.; All tenants are original (9+ years), recession‑tested, and have long lease terms (5‑7 years remaining).; Located in a desirable NE Fremont neighborhood with high median income (62.5% above city average) and projected population growth (6.5% in 5 years).
    More about this property
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