Multi-Building Retail and Office
12900 SW Pacific Hwy Portland, OR 97223
12900 SW Pacific Hwy, Portland, OR, 97223
Contact for pricing
For Sale
Contact for pricing
Pending
Multi-tenant retail and office strip center with drive-through coffee shack and 60 on-site parking spaces.
Lot Size1.35 Acres
Days on Market103
Property Features for 12900 SW Pacific Hwy
General Information
- Standard status
- Pending
- Lot size
- 1.35 Acres
- Property subtype
- Retail
Listing agency
Marcus & Millichap - Portland
(503) 200-2000
Listed by
Will Stone · License #OR 890400169
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 6:09PM Checked: Jul 21 at 6:09PM
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
Location Intelligence
Current Use by Public Records
Shopping centers
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FAQs
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)
