Retail
For Sale
$2,488,479
3950 Southwest 170th Avenue, Beaverton, OR 97007
Commercial space situated on a substantial land parcel.
Property Size20,000 SF
Lot Size1.28 Acres
Price / SF$124.42
Days on Market90
Property Features for 3950 Southwest 170th Avenue
General Information
Standard status
Active
Size
20,000 SF
Lot size
1.28 Acres
Property subtype
Retail
Building Details
Buildings
1
Listing Agency:
CBRE - Portland
(503) 221-4868
Listed By:
Eleanor Aschoff · License #971000188
(503) 221-4868
Source:
Cbre
Added: Jun 2
Changed: Aug 30
Last Checked: Aug 30 at 4:39AM
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 - Portland
Investment Insights
Based on property information with market context.
This retail property is located at 3950 Southwest 170th Avenue in Beaverton, Oregon. The site encompasses 1.28 acres and is identified for retail use.
The property offers a commercial retail setting within the Beaverton market, with the full street address providing a defined location for evaluation.
The property offers a commercial retail setting within the Beaverton market, with the full street address providing a defined location for evaluation.
Key Highlights
- 1.28‑acre retail property
- Located at 3950 Southwest 170th Avenue, Beaverton, OR 97007
- Classified as retail space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$226,800
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
9.11%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,536,000
$4.5M
Cap Rate 7%
$3,240,000
$3.2M
Cap Rate 9%
$2,520,000
$2.5M
Market Conditions
NOI Build-Up for 20,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$360.0K $18.00/SF
− Vacancy
−$36.0K −$1.80/SF
EGI
$324.0K $16.20/SF
− OpEx
−$97.2K −$4.86/SF
NOI
$226.8K $11.34/SF
Area
Washington County, OR
Vacancy
10.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,536,000
Cap Rate 7%
$3,240,000
Cap Rate 9%
$2,520,000
Alternative Uses
Best Use
Retail
$3.24M
$2.84M – $3.78M
NOI $226,800 @ 7.0% cap · market cap 9.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.40M
$4.72M – $6.30M
NOI $377,894 @ 7.0% cap · market cap 15.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
Explore this area
Business Placement
Demographics for 97007, OR
48,280
Population
19,420
Households
2.5
Avg Household Size
39
Median Age
54%
College-Educated
94%
High-School Grad
18.7 sq mi
ZIP Area
2,582
Density / Sq Mi
$116,667
Median Household Income
$62,446
Median Earnings
$1,792
Median Rent
$582,700
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Commercial space situated on a substantial land parcel.
Where is this retail space located?
The property is located at 3950 Southwest 170th Avenue Beaverton, OR.
What is the asking price?
The asking price for this property is $2,488,479.
What are key features of this property?
This property features: 1.28‑acre retail property; Located at 3950 Southwest 170th Avenue, Beaverton, OR 97007; Classified as retail space
