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Three-Building Neighborhood Retail Center
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8602 SW Terwilliger Blvd, Portland, OR 97219

Fully occupied daily-needs retail center with three buildings across five parcels at a major intersection.

Property SizeContact for details
Days on Market122

Property Features for 8602 SW Terwilliger Blvd

General Information

Standard status Active
Property subtype Retail
Occupancy 100%
Listing Agency: Northmarq
Listed By: Kevin Adatto · License #WA 85667
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 22 at 8:43AM

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 Northmarq

Investment Insights

Based on property information with market context.

Terwilliger Center is a fully occupied daily-needs neighborhood retail center in Portland, Oregon. The property consists of three buildings across five parcels, forming a consolidated retail offering at one location.

The center is located south of Interstate 5, in close proximity to Portland’s CBD, and is positioned at a major intersection. The surrounding area is described as an affluent, high-density neighborhood with an estimated 242K residents earning average incomes of $118K per year.

Key Highlights

  • Fully occupied daily‑needs neighborhood retail center
  • Comprises three buildings across five parcels
  • Located south of Interstate‑5 in close proximity to Portland’s CBD

Property Analytics

Current Use

Crown Cleaners (Bike/Boat/Book/etc) Store ProCare Cleaners & Alterations (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Restaurant HVAC Service Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

339
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97219, OR

42,474
Population
18,881
Households
2.2
Avg Household Size
40
Median Age
66%
College-Educated
98%
High-School Grad
11.7 sq mi
ZIP Area
3,630
Density / Sq Mi
$115,525
Median Household Income
$59,178
Median Earnings
$1,603
Median Rent
$651,600
Median Home Value

Market

Vacancy Rate% for Retail in Portland, OR

4.6% 2019
5.6% 2020
5.2% 2021
4.2% 2022
4.4% 2023
4.7% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Fully occupied daily-needs retail center with three buildings across five parcels at a major intersection.
Where is this shopping center located?
The property is located at 8602 SW Terwilliger Blvd Portland, OR.
What are key features of this property?
This property features: Fully occupied daily‑needs neighborhood retail center; Comprises three buildings across five parcels; Located south of Interstate‑5 in close proximity to Portland’s CBD
(503) 998-6572 Call to check price and availability
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