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Ground Lease with Retail Anchors
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2002 Washington Street, Oregon City, OR 97045

Ground lease to Home Depot with a portion subleased to a newly constructed Discount Tire.

Property SizeContact for details
Days on Market122

Property Features for 2002 Washington Street

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Single
Listing Agency: Northmarq
Listed By: Kevin Adatto · License #WA 85667
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 21 at 11:10PM

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

Investment Insights

Based on property information with market context.

This offering is structured as a ground lease to Home Depot, an investment-grade credit tenant, with passive management required. Home Depot leases 100% of the land and subleases a portion to a newly constructed Discount Tire.

The property is located in a high-growth submarket of the Portland MSA, with access supported by a recent reconfiguration of Highway 213 access and strong population growth. The site offers easy and immediate access to Home Depot from major interstate and highway connections.

For investors seeking a lease-backed structure, the configuration combines a primary anchor ground lease with a credit-supported sublease arrangement to Discount Tire.

Key Highlights

  • Ground lease to Home Depot, an investment‑grade credit tenant
  • Home Depot leases 100% of the land
  • A portion of the land is subleased to a newly constructed Discount Tire

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Storage Facility Electrical Service Bakery Garden Center Big Box & Wholesale Store

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

100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

188
Businesses Nearby
89k
Monthly Visits Nearby

Foot Traffic Nearby

Home Improvements & Furnishings 68% Shops & Services 32%
The Home Depot Home Improvements & Furnishings
59,079 visits/mo 0.1 miles
Chevron Shops & Services
17,672 visits/mo 0.3 miles
Plaid Pantry Shops & Services
6,609 visits/mo 0.3 miles
Discount Tire Store Shops & Services
4,401 visits/mo 0.2 miles
Airgas Home Improvements & Furnishings
949 visits/mo 0.5 miles

Demographics for 97045, OR

57,403
Population
21,702
Households
2.6
Avg Household Size
41
Median Age
33%
College-Educated
95%
High-School Grad
86.8 sq mi
ZIP Area
661
Density / Sq Mi
$100,388
Median Household Income
$49,342
Median Earnings
$1,600
Median Rent
$563,600
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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Ground lease to Home Depot with a portion subleased to a newly constructed Discount Tire.
Where is this retail space located?
The property is located at 2002 Washington Street Oregon City, OR.
What are key features of this property?
This property features: Ground lease to Home Depot, an investment‑grade credit tenant; Home Depot leases 100% of the land; A portion of the land is subleased to a newly constructed Discount Tire
(503) 998-6572 Call to check price and availability
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