88% Leased Retail Shopping
For Sale
Contact for pricing
2501 SW Cherry Park Rd, Troutdale, OR 97060
Shopping center totals 124,000 SF and is 88% leased, anchored by MUV Fitness with vacant suites and a pad site.
Property SizeContact for details
Days on Market121
Property Features for 2501 SW Cherry Park Rd
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Northmarq - Seattle
Listed By:
Sean Tufts · License #WA 74057
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Jul 21 at 12:01PM
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.
Offering provides the opportunity to acquire a 124,000 SF retail shopping center in the Portland metro area. The center is 88% leased with a diverse mix of national and regional retailers, and it is anchored by MUV Fitness, with an estimated opening date of May 2023.
The property is located at the confluence of NE Glisan St/SW Cherry Park Rd and NE 242nd Dr in Troutdale, Oregon. A key component of the offering is the value-add lease-up of vacant suites, along with potential development of a vacant pad site.
The shopping center sits on a single parcel, allowing the owner full control of the center and potentially enabling future parcelization.
The property is located at the confluence of NE Glisan St/SW Cherry Park Rd and NE 242nd Dr in Troutdale, Oregon. A key component of the offering is the value-add lease-up of vacant suites, along with potential development of a vacant pad site.
The shopping center sits on a single parcel, allowing the owner full control of the center and potentially enabling future parcelization.
Key Highlights
- 124,000 SF retail shopping center in Troutdale, OR
- 88% leased, with vacant suites available for lease‑up
- Anchored by MUV Fitness; estimated opening date of May 2023
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
329
Businesses Nearby
96k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 55%
Dining 45%
McDonald's
Dining
34,058 visits/mo
0.1 miles
Dollar Tree
Shops & Services
21,680 visits/mo
0.2 miles
Safeway Gas
Shops & Services
17,723 visits/mo
0.1 miles
Plaid Pantry
Shops & Services
6,913 visits/mo
0.1 miles
SUBWAY
Dining
6,671 visits/mo
0.1 miles
Demographics for 97060, OR
21,792
Population
7,823
Households
2.8
Avg Household Size
38
Median Age
26%
College-Educated
86%
High-School Grad
17.5 sq mi
ZIP Area
1,245
Density / Sq Mi
$84,164
Median Household Income
$42,162
Median Earnings
$1,560
Median Rent
$425,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - Shopping center totals 124,000 SF and is 88% leased, anchored by MUV Fitness with vacant suites and a pad site.
Where is this shopping center located?
The property is located at 2501 SW Cherry Park Rd Troutdale, OR.
What are key features of this property?
This property features: 124,000 SF retail shopping center in Troutdale, OR; 88% leased, with vacant suites available for lease‑up; Anchored by MUV Fitness; estimated opening date of May 2023
