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Shopping Center with Market Anchor

1443 NE 61ST AVE, Hillsboro, OR 97124

For Sale
Contact for pricing

Service retailers and a market anchor serve a master-planned, mixed-use community.

Property SizeContact for details
Days on Market9

Property Features for 1443 NE 61ST AVE

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Additional Details

Tenant in Place Yes

Building Details

Tenancy Multi
Listing Agency: CBRE - Seattle
Listed By: Daniel Tibeau · License WA #129383
Source: Crexi
Added: Nov 2 Changed: Nov 8 Last Checked: Nov 8 at 2:22PM

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 - Seattle

Rey
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Investment Insights

Based on property information with market context.

This shopping center combines a New Seasons Market anchor with a collection of service-oriented retail tenants. The market occupies 29,500 square feet, and the property is reported at 100% occupancy. Recent work includes roof replacement, new parking lots and exterior paint and façade updates. Fee-simple ownership includes a controlling interest in the property owners association, which has long-term reserves.

The center is part of a mixed-use community in Hillsboro that brings together employment, transit and residential uses. The community is adjacent to Intel headquarters and includes access to MAX Light Rail. The property is located in the Silicon Forest technology corridor.

Key Highlights

  • 29,500‑square‑foot New Seasons Market anchor
  • 100% occupancy
  • Recent roof, parking lot and exterior paint and façade improvements

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Grocery & Convenience Store Barber Shop Plumbing Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Locksmith

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

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

692
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97124, OR

53,487
Population
22,176
Households
2.4
Avg Household Size
35
Median Age
47%
College-Educated
93%
High-School Grad
45.1 sq mi
ZIP Area
1,186
Density / Sq Mi
$107,063
Median Household Income
$54,463
Median Earnings
$1,918
Median Rent
$518,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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

Frequently Asked Questions

What type of property is this?
Shopping center - Service retailers and a market anchor serve a master-planned, mixed-use community.
Where is this shopping center located?
The property is located at 1443 NE 61ST AVE Hillsboro, OR.
What are key features of this property?
This property features: 29,500‑square‑foot New Seasons Market anchor; 100% occupancy; Recent roof, parking lot and exterior paint and façade improvements
(206) 292-6052 Call to check price and availability
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