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62,000 SF Shopping Center
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13220 SE 172nd Ave Happy Valley OR 97086, Happy Valley, OR 97086

Located in Happy Valley, Oregon's fastest growing city.

Space SizeContact for details
Days on Market276

Property Features for 13220 SE 172nd Ave Happy Valley OR 97086

General Information

Standard status Active
Property subtype Retail
Listing Agency: CBRE | Portland
Listed By: Austin Cain · License #200305153
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 9 Last Checked: Aug 24 at 8:46AM

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 CBRE | Portland

Investment Insights

Based on property information with market context.

This 62,000 square foot shopping center is situated in Happy Valley, Oregon, a city that has experienced 15% growth in the last 5 years. The property is located directly across from Happy Valley Crossroads, which is anchored by Fred Meyer. It benefits from excellent demographics and a signalized intersection. Extensive roadway improvements have recently been completed.

Key Highlights

  • Located in Happy Valley, Oregon's fastest‑growing city.
  • 62,000 square foot shopping center.
  • Directly across from Happy Valley Crossroads, anchored by Fred Meyer.

Property Analytics

Current Use

The Mike Agee Team ... Real Estate Agency Tashina Torres- Real ... Real Estate Agency Sally Mehalovich Your ... Real Estate Agency Jeff Papazian - Realtor Real Estate Agency iQ Credit Union Credit Union

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Parts Store Kitchen & Bath Showroom

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

Location Intelligence

Trade Area within ½ mile

1,491
Businesses Nearby
Balanced
Demand for This Use

Demographics for 97086, OR

32,612
Population
13,440
Households
2.4
Avg Household Size
39
Median Age
43%
College-Educated
95%
High-School Grad
10.5 sq mi
ZIP Area
3,106
Density / Sq Mi
$102,591
Median Household Income
$49,939
Median Earnings
$1,598
Median Rent
$655,700
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?
Shopping center - Located in Happy Valley, Oregon's fastest growing city.
Where is this shopping center located?
The property is located at 13220 SE 172nd Ave Happy Valley OR 97086 Happy Valley, OR.
What are key features of this property?
This property features: Located in Happy Valley, Oregon's fastest‑growing city.; 62,000 square foot shopping center.; Directly across from Happy Valley Crossroads, anchored by Fred Meyer.
More about this property
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