Beaumont Neighborhood Retail
4937-4941 NE Fremont Street, Portland, OR 97213
- Added:
- Nov 25, 2025
- Days on Market:
- 173
- Last Refresh:
- Apr 5 at 10:12 pm
Property Features for 4937-4941 NE Fremont Street
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agent Dann Wonser (503) 358-4704
Listing office Macadam Forbes (503) 358-4704
Listing date Nov 25, 2025
Source Macadamforbes
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 Macadam Forbes
HighLights
- 6.1% Cap rate with stable tenants and strong rent growth.
- All tenants are original (9+ years), recession‑tested, and have long lease terms (5‑7 years remaining).
- Located in a desirable NE Fremont neighborhood with high median income (62.5% above city average) and projected population growth (6.5% in 5 years).
- All tenants have 3% annual rent bumps.
- All expenses, including property management, are pass‑through.
- Newer construction with healthy HOA reserves.
Overview
This newer investment retail condominium is located in the Beaumont neighborhood. The property operates at a 6.1% cap rate with stable tenants and demonstrates strong rent growth. All tenants are original, with over nine years of tenancy, and have either five, six, or seven years remaining on their lease terms. All tenants have 3% annual rent increases. All landlord responsibilities are handled by property management and the HOA, and all expenses, including property management, are pass-through. The neighborhood has a median income 62.5% above the city average, and a 6.5% projected population growth in the next five years. The HOA has healthy reserves. The rent roll, income, and cap rate are effective as of September 1, 2019.
Location Intelligence
Current Use by Public Records
Strip malls
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.612
- Latitude
- 45.5486
Nearby Similar for Sale
FAQs
What type of property is this?
Strip mall - Newer investment retail condominium with stable tenants and strong rent.
Where is this strip mall located?
The property is located at 4937-4941 NE Fremont Street Portland, OR.
What are key features of this property?
This property features: 6.1% Cap rate with stable tenants and strong rent growth.; All tenants are original (9+ years), recession‑tested, and have long lease terms (5‑7 years remaining).; Located in a desirable NE Fremont neighborhood with high median income (62.5% above city average) and projected population growth (6.5% in 5 years).
