Single-Tenant NNN Restaurant
For Sale
Contact for pricing
16825 SW Edy Road Suite 137, Sherwood, OR 97140
Newly constructed restaurant leased to Hops n Drops under a long-term NNN structure.
Property SizeContact for details
Days on Market145
Property Features for 16825 SW Edy Road Suite 137
General Information
Standard status
Active
Property subtype
Retail
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Tenancy
Single
Listing Agency:
Northmarq
(503) 998-6572
Listed By:
Kevin Adatto · License #WA 85667
Source:
Crexi
Added: Apr 10
Changed: Aug 31
Last Checked: Aug 30 at 9:27AM
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 newly constructed property is occupied by Hops n Drops, a casual dining restaurant operating under a 10-year NNN lease. The agreement includes scheduled 10% rent increases every five years, providing a defined lease structure for the single-tenant asset.
The property is part of Cedar Creek Plaza, a Class A mixed-use development with hotel, medical, and retail components. An incoming 135-unit senior housing project is planned within the center. The site also has frontage along Highway 99, a major route through the Willamette Valley.
The offering combines an occupied restaurant use with a long-term NNN lease and placement within a mixed-use commercial center.
The property is part of Cedar Creek Plaza, a Class A mixed-use development with hotel, medical, and retail components. An incoming 135-unit senior housing project is planned within the center. The site also has frontage along Highway 99, a major route through the Willamette Valley.
The offering combines an occupied restaurant use with a long-term NNN lease and placement within a mixed-use commercial center.
Key Highlights
- 10‑year NNN lease with Hops n Drops
- Scheduled 10% rent increases every five years
- Newly constructed single‑tenant restaurant asset
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
777
Businesses Nearby
315k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 39%
Dining 30%
Apparel 16%
Groceries 11%
Hobby Lobby
Shops & Services
36,887 visits/mo
0.4 miles
Safeway
Groceries
35,746 visits/mo
0.4 miles
McDonald's
Dining
30,745 visits/mo
0.1 miles
Kohl's
Apparel
27,249 visits/mo
0.1 miles
Ross Dress for Less
Apparel
23,738 visits/mo
0.3 miles
Demographics for 97140, OR
28,365
Population
9,540
Households
3
Avg Household Size
38
Median Age
48%
College-Educated
95%
High-School Grad
44.6 sq mi
ZIP Area
636
Density / Sq Mi
$119,241
Median Household Income
$58,718
Median Earnings
$1,934
Median Rent
$618,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Newly constructed restaurant leased to Hops n Drops under a long-term NNN structure.
Where is this nnn property located?
The property is located at 16825 SW Edy Road Suite 137 Sherwood, OR.
What are key features of this property?
This property features: 10‑year NNN lease with Hops n Drops; Scheduled 10% rent increases every five years; Newly constructed single‑tenant restaurant asset
