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Lake Oswego Retail Investment Opportunity
For Sale
$3,200,000

16120 BOONES FERRY, Lake Oswego, OR 97035

Retail property with long-term leases and renewal options.

Property Size4,800 SF
Lot Size0.42 Acres
Price / SF$666.67
Days on Market150

Property Features for 16120 BOONES FERRY

General Information

Standard status Active
Size 4,800 SF
Lot size 0.42 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $22,812

Amenities

Central air
Built Up Roof
Central Air Cooling
Flat Roof
Forced Air Heating
Off Street
Paved

Building Details

Year Built 1993
Listing Agency: BROKERS REALTY, INC
Listed By: MARIAN HSU · License #780302012
Source: Corcoran
Added: Mar 24 Changed: Aug 9 Last Checked: Aug 9 at 11:10PM

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 BROKERS REALTY, INC

Investment Insights

Based on property information with market context.

This retail property, comprising 4,800 square feet, is located in Lake Oswego, Oregon. The property is currently for sale and is subject to existing leases. The leases are long term with options to renew. The property is being offered as an investment opportunity.

Key Highlights

  • Long term leases in place.
  • Options to renew leases.
  • NNN lease structure.

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Auto Parts Store Storage Facility Carpet & Flooring Store Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,239
Businesses Nearby
100k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 36% Shops & Services 32% Groceries 29% Home Improvements & Furnishings 2%
Albertsons Groceries
29,473 visits/mo 0.0 miles
McDonald's Dining
15,518 visits/mo 0.1 miles
Starbucks Dining
13,315 visits/mo 0.4 miles
7-Eleven Shops & Services
7,597 visits/mo 0.4 miles
Shell Shops & Services
5,959 visits/mo 0.0 miles

Demographics for 97035, OR

25,770
Population
11,822
Households
2.2
Avg Household Size
44
Median Age
73%
College-Educated
99%
High-School Grad
5.8 sq mi
ZIP Area
4,443
Density / Sq Mi
$126,866
Median Household Income
$75,523
Median Earnings
$1,951
Median Rent
$790,900
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Retail property with long-term leases and renewal options.
Where is this strip mall located?
The property is located at 16120 BOONES FERRY Lake Oswego, OR.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Long term leases in place.; Options to renew leases.; NNN lease structure.
More about this property
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