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Single-Tenant Jiffy Lube Auto Shop
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2525 Southeast 82nd Avenue, Portland, OR 97266

Absolute NNN lease runs through August 31, 2031, with two remaining five-year options.

Property Size2,142 SF
Price / SF$732.96
Days on Market117

Property Features for 2525 Southeast 82nd Avenue

General Information

Standard status Active
Size 2,142 SF
Total Parking Spaces 9
Property subtype Retail
Zoning CM2 (Commercial Mixed Use 2)
Occupancy 100%
Lease Type Absolute Net
Net Operating Income $98,010

Building Details

Year Built 1989
Stories 1
Units 2
Tenancy Single
Listing Agency: Northmarq
Listed By: Sean Mack · License #OR 990100161
Source: Crexi
Added: May 7 Changed: Aug 31 Last Checked: Aug 31 at 7:26AM

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 Northmarq

Investment Insights

Based on property information with market context.

This single-tenant auto shop at 2525 Southeast 82nd Avenue includes a 2,142-square-foot building constructed in 1989. The property is subject to an absolute NNN lease, with the tenant responsible for landlord obligations under the lease structure. A five-year extension carries the current term through August 31, 2031, followed by two remaining five-year option periods with 10% increases in each option period.

The site is positioned along SE 82nd Avenue in Portland, Oregon, a corridor identified in the property information at 26,000 VPD. Zoning is CM2 (Commercial Mixed Use 2). Jiffy Lube International, a subsidiary of Shell Oil Company, occupies the property and operates in the automotive service sector. The offering conveys a fee simple interest in the real estate.

Key Highlights

  • 2,142‑square‑foot auto shop on a 0.049‑acre site
  • Absolute NNN lease structure
  • Lease term extends through August 31, 2031

Property Analytics

Current Use

Jiffy Lube Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Law Firm Electrical Service Barber Shop Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

941
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97266, OR

36,095
Population
13,863
Households
2.6
Avg Household Size
37
Median Age
29%
College-Educated
85%
High-School Grad
6.1 sq mi
ZIP Area
5,917
Density / Sq Mi
$71,791
Median Household Income
$39,856
Median Earnings
$1,532
Median Rent
$420,800
Median Home Value

Market

Vacancy Rate% for Retail in Portland, OR

4.6% 2019
5.6% 2020
5.2% 2021
4.2% 2022
4.4% 2023
4.7% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Intown Auto Glass 4000 se 82nd ave suite 1400, portland, or 97266
  • Serenity Automotive Repair 3850 SE 82nd Ave, Portland, OR 97266
  • Lee Automotive Essex Park Path, Portland, OR 97206
  • Meineke Car Care Center 3635 SE 82nd Ave, Portland, OR 97266
  • Darrel's Economy Mufflers 3630 SE 82nd Ave, Portland, OR 97266

Frequently Asked Questions

What type of property is this?
Auto shop - Absolute NNN lease runs through August 31, 2031, with two remaining five-year options.
Where is this auto shop located?
The property is located at 2525 Southeast 82nd Avenue Portland, OR.
What is the asking price?
The asking price for this property is $1,570,000.
What are key features of this property?
This property features: 2,142‑square‑foot auto shop on a 0.049‑acre site; Absolute NNN lease structure; Lease term extends through August 31, 2031
More about this property
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