Storefront Property with
For Sale
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6800 SW Beaverton Hillsdale Hwy, Portland, OR 97225
CBD-zoned commercial property with an existing billboard lease and flexibility for retail repositioning or redevelopment.
Property Size18,671 SF
Lot Size0.34 Acres
Price / SF$133.90
Days on Market76
Property Features for 6800 SW Beaverton Hillsdale Hwy
General Information
Standard status
Active
Size
18,671 SF
Lot size
0.34 Acres
Property subtype
Retail
Zoning
CBD (Community Business District)
Investment Type
Value Add
Site & Location
Pylon Signage
Yes
Traffic Count
24,200 vehicles/day
Highway Access
Yes
Road Access
Yes
Additional Details
Land Use
commercial
Amenities
billboard
Building Details
Year Built
1967
Buildings
1
Listing Agency:
CBRE - Portland
Listed By:
Wes Bochner · License #201246821
Source:
Crexi
Added: Aug 5
Changed: Oct 11
Last Checked: Oct 19 at 7:06AM
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
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Investment Insights
Based on property information with market context.
This storefront property includes an approximately 18,671-square-foot building on an approximately 0.34-acre site. The asset carries Washington County CBD (Community Business District) zoning and is located in unincorporated Washington County. An on-site Lamar billboard is leased through December 2041, providing a separate income stream from retail operations.
The property fronts SW Beaverton Hillsdale Highway, where traffic is reported at approximately 24,200 vehicles. Highway 26 is approximately 1.5 miles away with reported traffic of approximately 128,900, while Highway 217 is approximately 2 miles away with reported traffic of approximately 122,100. Nearby Raleigh Hills Shopping Center tenants and businesses include Fred Meyer, T-Mobile, The UPS Store, and Legacy GoHealth. Built in 1967, the property offers an established commercial building and site for continued retail use or future repositioning.
The property fronts SW Beaverton Hillsdale Highway, where traffic is reported at approximately 24,200 vehicles. Highway 26 is approximately 1.5 miles away with reported traffic of approximately 128,900, while Highway 217 is approximately 2 miles away with reported traffic of approximately 122,100. Nearby Raleigh Hills Shopping Center tenants and businesses include Fred Meyer, T-Mobile, The UPS Store, and Legacy GoHealth. Built in 1967, the property offers an established commercial building and site for continued retail use or future repositioning.
Key Highlights
- ±18,671 SF building on a ±0.34‑acre site
- Washington County CBD (Community Business District) zoning
- On‑site Lamar billboard leased through December 2041
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$217,611
Cap Rate
8.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,352,220
$4.4M
Cap Rate 7%
$3,108,729
$3.1M
Cap Rate 9%
$2,417,900
$2.4M
Market Conditions
NOI Build-Up for 18,671 SF
Gross rent
$336.1K $18.00/SF
− Vacancy
−$25.2K −$1.35/SF
EGI
$310.9K $16.65/SF
− OpEx
−$93.3K −$5.00/SF
NOI
$217.6K $11.66/SF
Area
Portland, OR
Vacancy
7.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,352,220
Cap Rate 7%
$3,108,729
Cap Rate 9%
$2,417,900
Alternative Uses
Best Use
Retail
$3.11M
$2.72M – $3.63M
NOI $217,611 @ 7.0% cap · market cap 8.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.24M
$4.59M – $6.12M
NOI $367,029 @ 7.0% cap · market cap 14.68%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
24,200 VPD
Traffic count
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
775
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97225, OR
26,247
Population
12,219
Households
2.1
Avg Household Size
41
Median Age
62%
College-Educated
98%
High-School Grad
6.7 sq mi
ZIP Area
3,917
Density / Sq Mi
$111,341
Median Household Income
$60,933
Median Earnings
$1,703
Median Rent
$709,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Portland, OR
Similar Off Market Nearby
- Pacific Garland — 6336 SW Seymour St, Portland, OR 97221, United States
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Frequently Asked Questions
What type of property is this?
Storefront property - CBD-zoned commercial property with an existing billboard lease and flexibility for retail repositioning or redevelopment.
Where is this storefront property located?
The property is located at 6800 SW Beaverton Hillsdale Hwy Portland, OR.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: ±18,671 SF building on a ±0.34‑acre site; Washington County CBD (Community Business District) zoning; On‑site Lamar billboard leased through December 2041
