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Corner Retail Shopping Center
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5008-5022 SE Division St, Portland, OR 97206

Retail shopping center on a prominent corner with access on SE Division St and nearby residential and school demand.

Property Size10,000 SF
Days on Market1040

Property Features for 5008-5022 SE Division St

General Information

Standard status Active
Size 10,000 SF
Property subtype RETAIL

Site & Location

Corner Location Yes
Road Access Yes
Listing Agency: Urban Works Real Estate
Listed By: Dan Bozich
Source: Moodyscre
Added: Sep 28, 2023 Changed: Jul 30 Last Checked: Aug 1 at 3:10AM

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 Urban Works Real Estate

Investment Insights

Based on property information with market context.

This retail shopping center occupies a corner location with access and visibility on SE Division St. The building sits at the intersection of SE 50th Ave and SE Division St, offering convenient exposure to passing traffic.

The property is positioned directly across from Division Street Station Apartments, a 127-unit community. It is also within a less-than-10-minute walk of Franklin High School, supporting daytime and neighborhood foot traffic.

With approximately 10,000 square feet of retail space, the center provides a practical format for tenants that benefit from strong street presence and straightforward customer access along SE Division St.

Key Highlights

  • Approximately 10,000 square feet retail shopping center
  • Corner location at SE 50th Ave and SE Division St
  • Access and visibility along SE Division St

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick HVAC Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Carpet & Flooring Store Grocery & Convenience Store Electrical Service

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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,283
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97206, OR

51,072
Population
22,348
Households
2.3
Avg Household Size
38
Median Age
49%
College-Educated
94%
High-School Grad
6.5 sq mi
ZIP Area
7,857
Density / Sq Mi
$94,233
Median Household Income
$54,254
Median Earnings
$1,693
Median Rent
$480,500
Median Home Value

Market

Vacancy Rate% for Retail in Portland, OR

4.6% 2019
5.6% 2020
5.2% 2021
4.2% 2022
4.4% 2023
4.7% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail shopping center on a prominent corner with access on SE Division St and nearby residential and school demand.
Where is this shopping center located?
The property is located at 5008-5022 SE Division St Portland, OR.
What are key features of this property?
This property features: Approximately 10,000 square feet retail shopping center; Corner location at SE 50th Ave and SE Division St; Access and visibility along SE Division St
(503) 228-3135 Call to check price and availability
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