Retail Space with End
For Sale
Contact for pricing
7330-7332 SE Powell Blvd, Portland, OR 97206
Leased warehouse and salon areas accompany space identified for potential owner/operator use.
Property Size12,300 SF
Price / SF$154.07
Days on Market1029
Property Features for 7330-7332 SE Powell Blvd
General Information
Standard status
Active
Size
12,300 SF
Property subtype
RETAIL
Listing Agency:
Hanna Realty
(503) 774-8893
Listed By:
Don Hanna, Jr.
Source:
Moodyscre
Added: Nov 8, 2023
Changed: Aug 29
Last Checked: Sep 1 at 6:04PM
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 Hanna Realty
Investment Insights
Based on property information with market context.
This 12,300-square-foot retail property at 7330-7332 SE Powell Blvd includes a warehouse area and an end-cap salon space that are leased. An additional 8,200 square feet is identified for possible owner/operator use. The building includes two HVAC systems and one bathroom, supporting a straightforward commercial layout with both retail and warehouse components.
The property is located in Portland, Oregon, within the 97206 ZIP code. Its combination of leased areas and separately identified space provides a mix of existing occupancy and potential owner/operator functionality. The address is 7330-7332 SE Powell Blvd.
The property is located in Portland, Oregon, within the 97206 ZIP code. Its combination of leased areas and separately identified space provides a mix of existing occupancy and potential owner/operator functionality. The address is 7330-7332 SE Powell Blvd.
Key Highlights
- 12,300‑square‑foot retail property
- 8,200 square feet identified for possible owner/operator use
- Leased warehouse and end‑cap salon areas
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
$141,807
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
7.48%
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%
$2,836,140
$2.8M
Cap Rate 7%
$2,025,814
$2.0M
Cap Rate 9%
$1,575,633
$1.6M
Market Conditions
NOI Build-Up for 12,300 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
$221.4K $18.00/SF
− Vacancy
−$18.8K −$1.53/SF
EGI
$202.6K $16.47/SF
− OpEx
−$60.8K −$4.94/SF
NOI
$141.8K $11.53/SF
Area
ZIP 97206
Vacancy
8.50%
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%
$2,836,140
Cap Rate 7%
$2,025,814
Cap Rate 9%
$1,575,633
Alternative Uses
Best Use
Retail
$2.03M
$1.77M – $2.36M
NOI $141,807 @ 7.0% cap · market cap 7.48%
Second Best
Warehouse
$1.42M
$1.25M – $1.66M
NOI $99,603 @ 7.0% cap · market cap 5.26%
Theoretical Best
Office A
$3.45M
$3.02M – $4.03M
NOI $241,790 @ 7.0% cap · market cap 12.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,126
Businesses Nearby
Explore this area
Business Placement
Demographics for 97206, OR
51,072
Population
22,348
Households
2.3
Avg Household Size
38
Median Age
49%
College-Educated
94%
High-School Grad
6.5 sq mi
ZIP Area
7,857
Density / Sq Mi
$94,233
Median Household Income
$54,254
Median Earnings
$1,693
Median Rent
$480,500
Median Home Value
Market
Vacancy Rate% for Industrial in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Leased warehouse and salon areas accompany space identified for potential owner/operator use.
Where is this retail space located?
The property is located at 7330-7332 SE Powell Blvd Portland, OR.
What is the asking price?
The asking price for this property is $1,895,000.
What are key features of this property?
This property features: 12,300‑square‑foot retail property; 8,200 square feet identified for possible owner/operator use; Leased warehouse and end‑cap salon areas
