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Safeway-Anchored Shopping Center
For Sale
Contact for pricing
Pending

880 NE 25th Ave, Hillsboro, OR 97124

Established retail center with a Safeway anchor and nearby light rail connectivity.

Property SizeContact for details
Days on Market141

Property Features for 880 NE 25th Ave

General Information

Standard status Pending
Property subtype Retail

Additional Details

Anchor Co-Tenants Safeway

Building Details

Year Built 2002
Tenancy Multi
Listing Agency: CBRE - Seattle
Listed By: Dino Christophilis · License #WA 24717
Source: Crexi
Added: Apr 13 Changed: Aug 30 Last Checked: Aug 30 at 3:21PM

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 - Seattle

Investment Insights

Based on property information with market context.

This shopping center was developed in 2002 and includes Safeway as its anchor tenant. The former Albertsons store transitioned to Safeway in 2022 under the existing lease. The center’s leasing profile includes several new leases and recent renewals, with additional suites reflected in the property’s rent roll.

The property is located in Hillsboro within Portland’s technology corridor. Intel’s headquarters and a 450-acre manufacturing facility with more than 20,000 employees are 1.5 miles northeast. A light rail station is located two blocks away, providing direct routes to downtown Portland and Portland International Airport.

Key Highlights

  • Safeway anchor tenant operating under the same lease since 2022
  • Shopping center developed in 2002
  • Several new leases and recent renewals support the current rent roll

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Big Box & Wholesale Store Building Supply Auto Parts Store

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

468
Businesses Nearby
Balanced
Demand for This Use

Demographics for 97124, OR

53,487
Population
22,176
Households
2.4
Avg Household Size
35
Median Age
47%
College-Educated
93%
High-School Grad
45.1 sq mi
ZIP Area
1,186
Density / Sq Mi
$107,063
Median Household Income
$54,463
Median Earnings
$1,918
Median Rent
$518,500
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - Established retail center with a Safeway anchor and nearby light rail connectivity.
Where is this shopping center located?
The property is located at 880 NE 25th Ave Hillsboro, OR.
What are key features of this property?
This property features: Safeway anchor tenant operating under the same lease since 2022; Shopping center developed in 2002; Several new leases and recent renewals support the current rent roll
More about this property
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