Multi-Building Retail and Office
For Sale
Contact for pricing
Pending
12900 SW Pacific Hwy, Portland, OR 97223
Multi-tenant retail and office strip center with drive-through coffee shack and 60 on-site parking spaces.
Property SizeContact for details
Lot Size1.35 Acres
Days on Market122
Property Features for 12900 SW Pacific Hwy
General Information
Standard status
Pending
Total Parking Spaces
60
Lot size
1.35 Acres
Property subtype
Retail
Occupancy
80%
Additional Details
Traffic Count
36,992 vehicles/day
Building Details
Year Built
1975
Construction
wood frame and stucco
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Portland
(503) 200-2000
Listed By:
Will Stone · License #OR 890400169
Source:
Crexi
Added: Apr 11
Changed: Aug 8
Last Checked: Aug 9 at 3:29PM
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 Marcus & Millichap - Portland
Investment Insights
Based on property information with market context.
Hudson Plaza is a multi-tenant retail and office strip center consisting of three buildings and 18 suites. The property includes a single-story building, a two-story building constructed in 1975 with wood frame and stucco, and a third building that is a drive-through coffee shack. Tenants today include a mix of professional office tenants and retail, including drive-through coffee service. The center is currently 80 percent occupied and offers additional leasing opportunity, including an owner space that will be vacated at close of escrow. Tenants are on a combination of gross and net leases, with staggered terms ranging from one to four years remaining and some extension options.
The center sits on two parcels totaling 1.35 acres and is located at a signalized corner on SW Pacific Highway, a heavily trafficked arterial with average traffic of 36,992 vehicles per day. Tenants benefit from sign panel signage along the highway and above individual suites. The site includes 60 on-site parking spaces (approximately a 3:1,000 ratio) and is served by public transportation via Trimet bus. Nearby amenities include national retailers such as Regal Theatre, Winco, Walmart, Costco, Walgreens, and Taco Bell.
Recent owner improvements include replacing the roof in 2016 and re-asphalting the parking lot, along with tenant improvements. The property also has a historic environmental issue associated with former gas service station use; the sellers will provide a DEQ no further action letter.
The center sits on two parcels totaling 1.35 acres and is located at a signalized corner on SW Pacific Highway, a heavily trafficked arterial with average traffic of 36,992 vehicles per day. Tenants benefit from sign panel signage along the highway and above individual suites. The site includes 60 on-site parking spaces (approximately a 3:1,000 ratio) and is served by public transportation via Trimet bus. Nearby amenities include national retailers such as Regal Theatre, Winco, Walmart, Costco, Walgreens, and Taco Bell.
Recent owner improvements include replacing the roof in 2016 and re-asphalting the parking lot, along with tenant improvements. The property also has a historic environmental issue associated with former gas service station use; the sellers will provide a DEQ no further action letter.
Key Highlights
- Multi‑tenant retail and office strip center (Hudson Plaza) at 12900–12950 SW Pacific Hwy with 18 suites ranging from 250 to 2,600 SF
- Three‑building center: single‑story building, two‑story building, and a drive‑through coffee shack; wood frame and stucco construction (built 1975)
- Two parcels totaling 1.35 acres with 60 on‑site parking spaces (about 3 per 1,000 SF)
Property Analytics
Current Use
Lease Details
36,992 VPD
Traffic count
80%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
543
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97223, OR
49,967
Population
21,428
Households
2.3
Avg Household Size
39
Median Age
50%
College-Educated
95%
High-School Grad
11.1 sq mi
ZIP Area
4,502
Density / Sq Mi
$108,040
Median Household Income
$57,411
Median Earnings
$1,726
Median Rent
$577,600
Median Home Value
Market
Vacancy Rate% for Office in Portland, OR
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Frequently Asked Questions
What type of property is this?
Shopping center - Multi-tenant retail and office strip center with drive-through coffee shack and 60 on-site parking spaces.
Where is this shopping center located?
The property is located at 12900 SW Pacific Hwy Portland, OR.
What are key features of this property?
This property features: Multi‑tenant retail and office strip center (Hudson Plaza) at 12900–12950 SW Pacific Hwy with 18 suites ranging from 250 to 2,600 SF; Three‑building center: single‑story building, two‑story building, and a drive‑through coffee shack; wood frame and stucco construction (built 1975); Two parcels totaling 1.35 acres with 60 on‑site parking spaces (about 3 per 1,000 SF)
