Absolute NNN Retail
For Sale
Contact for pricing
12405 SE 82nd Ave, Portland, OR 97086
Single-tenant retail asset with five years remaining and no landlord responsibilities under the lease.
Property SizeContact for details
Days on Market144
Property Features for 12405 SE 82nd Ave
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Pharma Property Group
(619) 297-0055
Listed By:
Jason Pongsrikul · License #CA 01918332
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 4:47AM
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 Pharma Property Group
Investment Insights
Based on property information with market context.
This single-tenant retail property at 12405 SE 82nd Ave in Portland is occupied under an absolute NNN lease, with Walgreens guaranteeing rent for the remaining 5 years. Walgreens currently subleases the building to Food Depot, while the lease structure places no landlord responsibilities on ownership.
The property sits just off highway 213, also identified as SE 82nd Street, a north-south retail corridor connecting Clackamas and Southeast Portland. It is southwest of Clackamas Town Center, a 1.4 Million square foot mall reporting 9 Million annual visits, and near national retailers including Target, Costco, Hobby Lobby, Dick’s Sporting Goods, McDonald’s, and Chick-fil-A.
The site’s zoning permits commercial, retail, multi-family, office, and hotel uses, among others. The surrounding 3-mile area includes more than 128,071 residents and has grown nearly 17% over the past decade, with another 7% expansion expected over the next 5 years.
The property sits just off highway 213, also identified as SE 82nd Street, a north-south retail corridor connecting Clackamas and Southeast Portland. It is southwest of Clackamas Town Center, a 1.4 Million square foot mall reporting 9 Million annual visits, and near national retailers including Target, Costco, Hobby Lobby, Dick’s Sporting Goods, McDonald’s, and Chick-fil-A.
The site’s zoning permits commercial, retail, multi-family, office, and hotel uses, among others. The surrounding 3-mile area includes more than 128,071 residents and has grown nearly 17% over the past decade, with another 7% expansion expected over the next 5 years.
Key Highlights
- Absolute NNN lease with no landlord responsibilities
- Walgreens guarantees rent for the remaining 5 years; building is subleased to Food Depot
- 10 CAP single‑tenant retail property
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,088
Businesses Nearby
483k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 61%
Groceries 22%
Dining 13%
Electronics 2%
WinCo Foods
Groceries
93,206 visits/mo
0.4 miles
JCPenney
Apparel
91,700 visits/mo
0.5 miles
Macy's
Apparel
80,460 visits/mo
0.4 miles
DICK'S Sporting Goods
Apparel
66,618 visits/mo
0.3 miles
T.J. Maxx
Apparel
28,622 visits/mo
0.3 miles
Demographics for 97086, OR
32,612
Population
13,440
Households
2.4
Avg Household Size
39
Median Age
43%
College-Educated
95%
High-School Grad
10.5 sq mi
ZIP Area
3,106
Density / Sq Mi
$102,591
Median Household Income
$49,939
Median Earnings
$1,598
Median Rent
$655,700
Median Home Value
Market
Vacancy Rate% for Retail in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Single-tenant retail asset with five years remaining and no landlord responsibilities under the lease.
Where is this nnn property located?
The property is located at 12405 SE 82nd Ave Portland, OR.
What are key features of this property?
This property features: Absolute NNN lease with no landlord responsibilities; Walgreens guarantees rent for the remaining 5 years; building is subleased to Food Depot; 10 CAP single‑tenant retail property
