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Single-Tenant Triple-Net Retail Building
For Sale
Contact for pricing
Pending

22667 NE Glisan Street, Wood Village, OR 97060

Ground-leased retail building occupied by Carl's Jr. under an absolute triple-net structure with a remaining 18.5-year term.

Property Size2,726 SF
Lot Size0.71 Acres
Days on Market143

Property Features for 22667 NE Glisan Street

General Information

Standard status Pending
Size 2,726 SF
Lot size 0.71 Acres
Property subtype Retail
Occupancy 100%

Site & Location

Traffic Count 40,000 vehicles/day
Road Access Yes

Building Details

Tenancy Single
Listing Agency: CIRE Partners
Listed By: Joshua Volen · License #CA 01437000
Source: Crexi
Added: Apr 10 Changed: Aug 26 Last Checked: Aug 28 at 8:21PM

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 CIRE Partners

Investment Insights

Based on property information with market context.

A single-tenant absolute triple-net (NNN) ground-leased retail building is offered for sale within the Wood Village retail center. The property includes an approximately 2,726 SF building situated on a 0.71 acre parcel. Carl's Jr. occupies 100% of the property, with an estimated 18.5 years remaining on the lease term and four (4) five-year renewal options.

The asset is located at NE Glisan Street and NE Wood Village Boulevard, with access from both frontage roadways. Public remarks also indicate combined traffic counts in excess of 40,000 ADT and multiple points of ingress and egress.

Wood Village Town Center is described as nearly fully leased, with a national tenant mix including Fred Meyer, Lowe’s, and Kohl’s, along with a diversified set of shop tenants.

Key Highlights

  • Single‑tenant absolute triple‑net (NNN) ground‑leased retail asset leased to Carl's Jr.
  • Approximately 2,726 SF building on a 0.71‑acre parcel at 22667 NE Glisan Street in Wood Village, OR.
  • Carl's Jr. occupies 100% of the property with an approximately 18.5‑year remaining lease term and four 5‑year renewal options.

Property Analytics

Current Use

Carl's Jr. Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Furniture & Home Goods Electrical Service Storage Facility Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

40,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

578
Businesses Nearby
227k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 33% Shops & Services 25% Apparel 22% Home Improvements & Furnishings 13%
Kohl's Apparel
49,010 visits/mo 0.2 miles
Fred Meyer Gas Station Shops & Services
39,695 visits/mo 0.1 miles
Lowe's Home Improvements & Furnishings
28,894 visits/mo 0.4 miles
Starbucks Dining
18,618 visits/mo 0.2 miles
Buffalo Wild Wings Dining
15,491 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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Ground-leased retail building occupied by Carl's Jr. under an absolute triple-net structure with a remaining 18.5-year term.
Where is this nnn property located?
The property is located at 22667 NE Glisan Street Wood Village, OR.
What are key features of this property?
This property features: Single‑tenant absolute triple‑net (NNN) ground‑leased retail asset leased to Carl's Jr.; Approximately 2,726 SF building on a 0.71‑acre parcel at 22667 NE Glisan Street in Wood Village, OR.; Carl's Jr. occupies 100% of the property with an approximately 18.5‑year remaining lease term and four 5‑year renewal options.
More about this property
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