Retail Storefront with
For Sale
Contact for pricing
14617 SE Mcloughlin Blvd, Portland, OR 97267
A 2013-built retail facility offers an absolute NNN lease structure with more than seven years remaining.
Property Size14,550 SF
Lot Size1.43 Acres
Price / SF$309.28
Days on Market55
Property Features for 14617 SE Mcloughlin Blvd
General Information
Standard status
Active
Size
14,550 SF
Lot size
1.43 Acres
Property subtype
Retail
Building Details
Year Built
2013
Listing Agency:
NNNet Advisors San Francisco
Listed By:
Geoffrey Faulkner · License #CA 1745351
Source:
Crexi
Added: Sep 8
Changed: Oct 26
Last Checked: Nov 1 at 2:38AM
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 NNNet Advisors San Francisco
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Investment Insights
Based on property information with market context.
The property includes a 14,550-square-foot retail building on approximately 1.43 acres. Constructed in 2013, the asset is subject to an absolute NNN structure, with Walgreens providing a corporate guarantee and Dollar Tree occupying the premises under a sublease. More than 7 years remain on the current term.
Positioned at 14617 SE McLoughlin Blvd in Portland, the storefront benefits from reported average daily traffic exceeding 26,000 cars. The property combines an established retail building, a corporate lease guarantee, and a subtenant arrangement within a single commercial asset.
Positioned at 14617 SE McLoughlin Blvd in Portland, the storefront benefits from reported average daily traffic exceeding 26,000 cars. The property combines an established retail building, a corporate lease guarantee, and a subtenant arrangement within a single commercial asset.
Key Highlights
- 14,550 SF retail building on approximately 1.43 acres
- Absolute NNN investment with over 7 years remaining
- Corporately guaranteed by Walgreens and subleased to Dollar Tree
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$169,580
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,391,600
$3.4M
Cap Rate 7%
$2,422,571
$2.4M
Cap Rate 9%
$1,884,222
$1.9M
Market Conditions
NOI Build-Up for 14,550 SF
Gross rent
$261.9K $18.00/SF
− Vacancy
−$19.6K −$1.35/SF
EGI
$242.3K $16.65/SF
− OpEx
−$72.7K −$5.00/SF
NOI
$169.6K $11.66/SF
Area
Portland, OR
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,391,600
Cap Rate 7%
$2,422,571
Cap Rate 9%
$1,884,222
Alternative Uses
Best Use
Retail
$2.42M
$2.12M – $2.83M
NOI $169,580 @ 7.0% cap · market cap 3.77%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.09M
$3.58M – $4.77M
NOI $286,020 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
686
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 97267, OR
31,851
Population
12,983
Households
2.5
Avg Household Size
45
Median Age
35%
College-Educated
93%
High-School Grad
7.2 sq mi
ZIP Area
4,424
Density / Sq Mi
$85,178
Median Household Income
$47,236
Median Earnings
$1,607
Median Rent
$489,100
Median Home Value
Market
Vacancy Rate% for Retail in Portland, OR
Similar Off Market Nearby
- Forte' Floral Artistry — 14222 SE McLoughlin Blvd, Milwaukie, OR 97267
Frequently Asked Questions
What type of property is this?
Storefront property - A 2013-built retail facility offers an absolute NNN lease structure with more than seven years remaining.
Where is this storefront property located?
The property is located at 14617 SE Mcloughlin Blvd Portland, OR.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: 14,550 SF retail building on approximately 1.43 acres; Absolute NNN investment with over 7 years remaining; Corporately guaranteed by Walgreens and subleased to Dollar Tree
