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4937-4941 NE Fremont Street Portland, OR 97213

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For Sale
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Newer investment retail condominium with stable tenants and strong rent.

Type:Retail
Added:
Nov 25, 2025
Days on Market:
127
Last Refresh:
Mar 29 at 10:14 pm

Property Features for 4937-4941 NE Fremont Street

General Information

Standard status
Active
Property subtype
Retail

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Listing Contact
Dann Wonser
Dann Wonser

Listing agent Dann Wonser

Listing office Macadam Forbes

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


Overview

Beaumont Neighborhood Retail Condominium

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

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Portland
County
Washington
State
Oregon
Longitude
-122.612
Latitude
45.5486

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).
More about this property
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