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Anchored Shopping Center
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1383 NE 181st Ave, Portland, OR 97230

Leasehold shopping center with established national and regional tenants at a major Portland intersection.

Property SizeContact for details
Days on Market145

Property Features for 1383 NE 181st Ave

General Information

Standard status Active
Property subtype Retail

Site & Location

Corner Location Yes
Anchor Co-Tenants Dollar Tree, 24 Hour Fitness, GrowGeneration

Building Details

Tenancy Multi
Listing Agency: Northmarq - Seattle
Listed By: Sean Tufts · License #WA 74057
Source: Crexi
Added: Apr 11 Changed: Aug 31 Last Checked: Aug 30 at 10:36PM

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 - Seattle

Investment Insights

Based on property information with market context.

The offering comprises a leasehold interest in an approximately 100,000-square-foot shopping center in Portland. The tenant roster includes Dollar Tree, 24 Hour Fitness, and GrowGeneration, along with two freestanding pad locations occupied by Shari’s and Wendy’s. The center also includes a separately parceled Wendy’s site.

Positioned at the intersection of two major arterials, the property benefits from commuter and daily-needs traffic generated by its surrounding access pattern. Shari’s and Wendy’s have operated at the property for more than 30 years. 24 Hour Fitness has a firm lease term extending through 2032, and its space received approximately $3.5 million in tenant investment in 2016.

Key Highlights

  • Leasehold interest in an approximately 100,000‑square‑foot shopping center
  • Anchored by Dollar Tree, 24 Hour Fitness, and GrowGeneration
  • Two freestanding pads occupied by Shari’s and Wendy’s

Property Analytics

Current Use

Sushi Edo Revolving ... Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Skin Care Clinic Electrical Service Computer & Electronic Repair

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

542
Businesses Nearby
35k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 68% Dining 25% Home Improvements & Furnishings 5% Hotels & Casinos 1%
76 Shops & Services
11,804 visits/mo 0.5 miles
7-Eleven Shops & Services
9,191 visits/mo 0.2 miles
Carl's Jr. Dining
8,791 visits/mo 0.3 miles
KeyBank Shops & Services
3,126 visits/mo 0.2 miles
Sherwin-Williams Paint Store Home Improvements & Furnishings
1,869 visits/mo 0.3 miles

Demographics for 97230, OR

41,562
Population
17,190
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
13.9 sq mi
ZIP Area
2,990
Density / Sq Mi
$70,582
Median Household Income
$41,102
Median Earnings
$1,511
Median Rent
$435,800
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
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Similar Off Market Nearby

  • Roger's Square 475 NE 181st Ave, Portland, OR 97230
  • Coinstar Kiosk - Bitcoin ATM 451 NE 181st Ave Albertsons, Portland, OR 97230

Frequently Asked Questions

What type of property is this?
Shopping center - Leasehold shopping center with established national and regional tenants at a major Portland intersection.
Where is this shopping center located?
The property is located at 1383 NE 181st Ave Portland, OR.
What are key features of this property?
This property features: Leasehold interest in an approximately 100,000‑square‑foot shopping center; Anchored by Dollar Tree, 24 Hour Fitness, and GrowGeneration; Two freestanding pads occupied by Shari’s and Wendy’s
More about this property
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