21170 SW Langer Farms Pkwy, Sherwood, OR 97140
Two inline retail buildings plus a ground-leased Red Robin pad, shadow-anchored by Target in Sherwood.
- Added:
- Jul 1, 2026
- Days on Market:
- 5
- Last Refresh:
- Jul 4 at 2:53 am
Property Features for 21170 SW Langer Farms Pkwy
General Information
- Standard status
- Active
- Size
- 28,122 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2004
Listing office CBRE - Seattle
Listing date Jul 1, 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 - Seattle
HighLights
- Langer Farms Shopping Center includes two inline retail strip buildings and a ground‑leased Red Robin pad
- Year built: 2004
- Target shadow‑anchors the center in Sherwood, OR, about 16 miles south of the Portland CBD
- Weighted average lease term (WALT) is 4.8 years with a recent extension/new long‑term leases for most tenants
- Single vacant suite available for lease‑up: 1,507 SF
- Red Robin pad is ground‑leased
Overview
The property is positioned in an affluent suburban setting, approximately 16 miles south of the Portland CBD. The rent roll is described as exceptionally stable, with most tenants signing recent extensions or new long-term leases. The weighted average lease term (WALT) is 4.8 years remaining.
For buyers and operators, the mix of two inline retail buildings with an outparcel Red Robin and Target shadow-anchoring creates a defined retail environment with near-term flexibility from the one currently vacant suite. The lease profile reflects a majority of tenants in extended or newly executed long-term arrangements, which may appeal to buyers seeking steadier in-place income while completing lease-up for the remaining space.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sherwood
- County
- Washington
- State
- Oregon
- Longitude
- -122.866
- Latitude
- 45.3505
