Two-Tenant Retail
For Sale
Contact for pricing
1624 NE 181st Ave, Portland, OR 97230
100% occupied two-tenant retail center within a larger shopping center that includes Carl's Jr and Sherwin Williams.
Property SizeContact for details
Days on Market120
Property Features for 1624 NE 181st Ave
General Information
Standard status
Active
Property subtype
Retail
Listing Agency:
Northmarq
(503) 952-0700
Listed By:
Scott Frank · License #WA 4472
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Jul 21 at 1:50PM
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
Investment Insights
Based on property information with market context.
This offering is a 100% occupied, two-tenant retail center. The property sits as part of a larger shopping center and is currently leased to Nectar Markets.
The center is located on a major thoroughfare and is less than a mile from I-84. The larger shopping center includes Carl’s Jr and Sherwin Williams.
Nectar Markets has signed a 15-year lease that includes 10% rent increases every five years. Nectar Markets’ corporate office and distribution center are within a mile of the property.
The center is located on a major thoroughfare and is less than a mile from I-84. The larger shopping center includes Carl’s Jr and Sherwin Williams.
Nectar Markets has signed a 15-year lease that includes 10% rent increases every five years. Nectar Markets’ corporate office and distribution center are within a mile of the property.
Key Highlights
- 100% occupied two‑tenant retail center within a larger shopping center that includes Carl's Jr and Sherwin Williams
- Located less than 1 mile from I‑84 on a major thoroughfare
- Nectar Markets signed a 15‑year lease with 10% rent increases every 5 years
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
432
Businesses Nearby
51k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 51%
Dining 45%
Home Improvements & Furnishings 4%
Hotels & Casinos 1%
Burger King
Dining
13,917 visits/mo
0.4 miles
76
Shops & Services
11,804 visits/mo
0.3 miles
7-Eleven
Shops & Services
9,191 visits/mo
0.1 miles
Carl's Jr.
Dining
8,791 visits/mo
0.1 miles
KeyBank
Shops & Services
3,126 visits/mo
0.1 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
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Frequently Asked Questions
What type of property is this?
Shopping center - 100% occupied two-tenant retail center within a larger shopping center that includes Carl's Jr and Sherwin Williams.
Where is this shopping center located?
The property is located at 1624 NE 181st Ave Portland, OR.
What are key features of this property?
This property features: 100% occupied two‑tenant retail center within a larger shopping center that includes Carl's Jr and Sherwin Williams; Located less than 1 mile from I‑84 on a major thoroughfare; Nectar Markets signed a 15‑year lease with 10% rent increases every 5 years
