2408 Powell Blvd Gresham, OR 97080

Listing agency Northmarq - Seattle

Listed by Sean Tufts · License #WA 74057

Source Crexi

Added: Apr 11 Updated: Jul 21 at 1:28AM Checked: Jul 21 at 1:28AM

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Investment Insights

Based on property information with market context.

The offering is a 109,183 SF shopping center anchored by a Walmart Neighborhood Market. The center includes newly executed leases for Elements Health Club and Gravity Coffee drive-thru, with Gravity Coffee’s rental income not included in the current underwriting provided by the seller and described as investor upside upon completion of construction.

The property is conveniently located off Powell Blvd in close proximity to US Highway 26, both of which are major east/west connectors to the city of Portland. It sits two miles south of Mt. Hood Community College, one of Oregon’s largest community colleges, with high-density surrounding residential.

For buyers evaluating tenant mix and anchor support, this center’s current leasing highlights include fitness and a drive-thru concept alongside the Walmart Neighborhood Market anchor.

Key Highlights

• 109,183 SF grocery‑anchored shopping center anchored by a Walmart Neighborhood Market
• New leases include Elements Health Club
• New Gravity Coffee drive‑thru lease; its rental income is not included in current underwriting

Property Analytics

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FAQs

What type of property is this?

Shopping center - Grocery-anchored shopping center with a Walmart Neighborhood Market and new leases for Elements Health Club and Gravity Coffee drive-thru.

Where is this shopping center located?

The property is located at 2408 Powell Blvd Gresham, OR.

What are key features of this property?

This property features: 109,183 SF grocery‑anchored shopping center anchored by a Walmart Neighborhood Market; New leases include Elements Health Club; New Gravity Coffee drive‑thru lease; its rental income is not included in current underwriting