1728 North Tomahawk Island Drive, Portland, OR 97217
Home Depot net lease on Hayden Island with remaining primary term and defined scheduled rent increases.
- 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
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
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.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.6867771
- Latitude
- 45.6119584