Ground Lease Restaurant at
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9880 SE Washington St, Portland, OR 97216
Approximately 6,000 SF Red Robin restaurant space in a regional shopping center anchored by Home Depot and Target.
Property Size6,000 SF
Days on Market119
Property Features for 9880 SE Washington St
General Information
Standard status
Active
Size
6,000 SF
Property subtype
Retail
Site & Location
Traffic Count
48,000 vehicles/day
Highway Access
Yes
Listing Agency:
Northmarq - Seattle
Listed By:
Sean Tufts · License #WA 74057
Source:
Crexi
Added: Apr 13
Changed: Aug 8
Last Checked: Jul 21 at 3:26AM
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 - Seattle
Investment Insights
Based on property information with market context.
An approximately 6,000 SF Red Robin restaurant is available via ground lease within Marketplace 205. The offering is positioned directly at the main entrance to the shopping center, designed for prominent customer access and visibility.
Marketplace 205 is described as a regional shopping hub anchored by Home Depot, Target, and 24 Hour Fitness. The site is located at the intersection of I-84 and I-205 along Washington Street and is exposed to approximately 48,000 VPD. Home Depot and Target are noted as strong-performing anchors supporting a broad surrounding trade area with high-density residential.
This listing provides a ground lease opportunity for a national restaurant operator within a dominant retail center at a primary ingress point.
Marketplace 205 is described as a regional shopping hub anchored by Home Depot, Target, and 24 Hour Fitness. The site is located at the intersection of I-84 and I-205 along Washington Street and is exposed to approximately 48,000 VPD. Home Depot and Target are noted as strong-performing anchors supporting a broad surrounding trade area with high-density residential.
This listing provides a ground lease opportunity for a national restaurant operator within a dominant retail center at a primary ingress point.
Key Highlights
- Approximately 6,000 SF Red Robin restaurant space within Marketplace 205 regional shopping center
- Located directly at the main entrance to Marketplace 205 on Washington Street
- Exposed to 48,000 VPD
Property Analytics
Current Use
Lease Details
48,000 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,654
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97216, OR
17,488
Population
7,235
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
90%
High-School Grad
2.5 sq mi
ZIP Area
6,995
Density / Sq Mi
$71,951
Median Household Income
$42,537
Median Earnings
$1,390
Median Rent
$439,000
Median Home Value
Market
Vacancy Rate% for Retail in Portland, OR
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Approximately 6,000 SF Red Robin restaurant space in a regional shopping center anchored by Home Depot and Target.
Where is this conventional restaurant located?
The property is located at 9880 SE Washington St Portland, OR.
What are key features of this property?
This property features: Approximately 6,000 SF Red Robin restaurant space within Marketplace 205 regional shopping center; Located directly at the main entrance to Marketplace 205 on Washington Street; Exposed to 48,000 VPD
