Listing Agency: Norris & Stevens, Inc. - Corporate t***@norris-stevens.com Show Phone

Listed By: Tim Pfeiffer · License #–201204213

Source: Moodyscre

Added: Mar 8, 2024 Changed: Jul 27 Last Checked: Jul 30 at 2:37PM

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Investment Insights

Based on property information with market context.

This turn-key restaurant and bar is newly remodeled and ready for immediate operation. The space includes a music stage and sound system, along with billiards and other in-house entertainment features.

The property is located at 20189 S Springwater Rd in Estacada, Oregon, and offers great views of Mount Hood.

The offering is specifically suited to restaurant and bar concepts based on the existing build-out and included entertainment amenities.

Key Highlights

• Turn‑key restaurant and bar setup
• Newly remodeled interior
• Includes music stage and sound system

Property Analytics

Current Use

Bent Shovel Brewing Bar & Pub ATM Atm Bent Shovel Brewing ... Bar & Pub

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Furniture & Home Goods Grocery & Convenience Store Hotel & Motel

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

NNN (Triple Net)

Lease Type

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

20

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 97023, OR

11,676

Population

4,718

Households

2.5

Avg Household Size

42

Median Age

16%

College-Educated

93%

High-School Grad

196.5 sq mi

ZIP Area

59

Density / Sq Mi

$74,701

Median Household Income

$38,563

Median Earnings

$1,079

Median Rent

$530,800

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

Questions? Ask Rey

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What type of property is this? Where is this conventional restaurants located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Newly remodeled, turn-key restaurant and bar setup with a music stage, sound system, and billiards.

Where is this conventional restaurant located?

The property is located at 20189 S Springwater Rd Estacada, OR.

What is the lease rate?

The lease rate is $7,000 /Mo.

What are key features of this property?

This property features: Turn‑key restaurant and bar setup; Newly remodeled interior; Includes music stage and sound system