Beaverton Highway Retail Investment
21150 Southwest Tualatin Valley Highway, Beaverton, OR 97007
- Added:
- Mar 6, 2026
- Days on Market:
- 72
- Last Refresh:
- Apr 6 at 12:19 am
Property Features for 21150 Southwest Tualatin Valley Highway
General Information
- Standard status
- Active
- Property subtype
- Retail
Building Details
- Year Built
- 2018
Listing agent Ryan Imbrie, CCIM License #WA #25658 (503) 208-9403
Listing office SVN Imbrie Realty (503) 208-9403
Listing date Mar 6, 2026
Source Svn
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All listing content including descriptions, pricing, images are the copyrighted material of SVN Imbrie Realty
HighLights
- High‑traffic location on Tualatin Valley Highway (Oregon Highway 8) with over 30,000 vehicles per day, ensuring excellent visibility for both tenants.
- Two complementary income streams: Black Rock Coffee Bar (drive‑thru) and a long‑term billboard ground lease, providing diversified cash flow.
- Absolute NNN leases for both tenants, resulting in minimal landlord responsibilities and passive income.
- $124,607 Net Operating Income (NOI) supported by stable retail traffic and advertising demand.
- Located in Beaverton, a growing Portland suburb, near Nike and Intel, offering strong residual land value and future redevelopment potential.
- Billboard lease includes contractually scheduled 10% rent escalations every five years through August 2049.
Overview
Located on Tualatin Valley Highway in Beaverton, Oregon, this property features two income streams on a single parcel. It includes a freestanding, drive-thru Black Rock Coffee Bar, operating under a 10-year absolute-NNN lease that began in May 2018. This generates an annual base rent of $52,800, with three five-year renewal options. Additionally, there is a long-term ground lease for a double-faced billboard that pays $70,000 base rent per year. The billboard lease includes contractually scheduled 10 percent rent escalations every five years through August 2049. The property delivers a current net operating income of $124,607. The location benefits from daily retail traffic and sustained out-of-home advertising demand. Both leases are structured on an absolute-net basis, shifting taxes, insurance, and maintenance to the tenants. Fronting Oregon Highway 8 (Tualatin Valley Hwy) with over 30,000 vehicles per day, the site benefits from constant exposure. The property is located in Beaverton, near Nike’s world headquarters and Intel campuses.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Black Rock Coffee ...
Cafe & Coffee Shop
Similar Places Nearby
- Black Rock Coffee Bar — 17455 SW Tualatin Valley Hwy, Aloha, OR 97006
Location Insight
- Map
- Local Demand
- City
- Beaverton
- County
- Washington
- State
- Oregon
- Longitude
- -122.902
- Latitude
- 45.4975
Nearby Similar for Sale
FAQs
What type of property is this?
Coffee shop - Retail property in Beaverton with diversified income streams.
Where is this coffee shop located?
The property is located at 21150 Southwest Tualatin Valley Highway Beaverton, OR.
What is the asking price?
The asking price for this property is $2,050,000.
What are key features of this property?
This property features: High‑traffic location on Tualatin Valley Highway (Oregon Highway 8) with over 30,000 vehicles per day, ensuring excellent visibility for both tenants.; Two complementary income streams: Black Rock Coffee Bar (drive‑thru) and a long‑term billboard ground lease, providing diversified cash flow.; Absolute NNN leases for both tenants, resulting in minimal landlord responsibilities and passive income.
