For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Single-Tenant Home Depot Net Lease Title is generated by Realmo AI

    1728 North Tomahawk Island Drive, Portland, OR 97217

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Home Depot net lease on Hayden Island with remaining primary term and defined scheduled rent increases.

    Type:Retail
    Property size:
    106,500 SF
    Lot size:
    9.28 Acres
    Price / SF:
    $385/SF
    Added:
    May 28, 2026
    Days on Market:
    10
    Last Refresh:
    Jun 6 at 4:47 am

    Property Features for 1728 North Tomahawk Island Drive

    General Information

    Standard status
    Active
    Size
    106,500 SF
    Lot size
    9.28 Acres
    Property subtype
    Retail

    Building Details

    Year Built
    1995

    We can help!

    Listing Contact
    Chris Bosworth
    Chris Bosworth

    Listing agent Chris Bosworth License #GA 248342

    Listing office CBRE - Atlanta

    Listing date May 28, 2026

    Source Crexi

    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 - Atlanta

    HighLights

    • 106,500 SF Home Depot on 9.28 acres on Hayden Island in Portland, Oregon (1995 build).
    • Net lease with approximately 10.7 years of primary term remaining.
    • Scheduled rent increases: 9.90% in 2032 during the primary term.
    • Lease includes three 5‑year renewal options with rent increases of 9% (first option) and 10% (second and third options).
    • Home Depot is part of the 743,227 SF Jantzen Beach Center with major retailers including Target, Dick’s Sporting Goods, Best Buy, Ross, Burlington, and Ulta Beauty.
    • Access off I‑5 with traffic counts reported as 115,100 VPD; located about 8.4 miles north of downtown Portland.

    Overview

    The offering is a 106,500-square-foot Home Depot situated on 9.28 acres on Hayden Island in the Columbia River area of Portland, Oregon. The asset is presented as a net lease, with approximately 10.7 years remaining on the primary term. The lease includes a 9.90% rent increase in 2032, along with three, five-year renewal options that provide for a 9% rent increase in the first option and 10% increases in the second and third options.

    Home Depot is located within the larger 743,227-square-foot Jantzen Beach Center, which is described as one of the only major shopping centers in the region. The center is positioned on the border of Oregon and Washington and is accessed off Interstate 5. Reported traffic count is 115,100 VPD, and the remarks state the site provides direct north-south access for both residential consumers and professional contractors via the Interstate Bridge and I-5 Exit 308.

    For tenants, owners, or investors considering single-tenant retail exposure, this property offers a large-format, operationally specific footprint tied to a long-running retail lease structure. Its placement inside an established big-box environment, with retailers including Target, Dick’s Sporting Goods, Best Buy, Ross, Burlington, and others, supports continued compatibility with a broad regional shopping mix.
    Location Intelligence

    Current Use by Public Records

    Pro Desk at The Home ... Big Box & Wholesale Store Truck Rental Center ... Car Rental Facility Home Services at The Home ... HVAC Service The Home Depot Building Supply KeyExpress Locksmiths Locksmith

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6867771
    Latitude
    45.6119584

    FAQs

    What type of property is this?
    Retail space - Home Depot net lease on Hayden Island with remaining primary term and defined scheduled rent increases.
    Where is this retail space located?
    The property is located at 1728 North Tomahawk Island Drive Portland, OR.
    What is the asking price?
    The asking price for this property is $41,045,000.
    What are key features of this property?
    This property features: 106,500 SF Home Depot on 9.28 acres on Hayden Island in Portland, Oregon (1995 build).; Net lease with approximately 10.7 years of primary term remaining.; Scheduled rent increases: 9.90% in 2032 during the primary term.
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message