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    I-84 Ave - Portland, OR 97230

    Sponsored
    For Lease
    Contact for pricing

    High-traffic retail space, multiple suites available.

    Lot size:
    110,207 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail property, located at the intersection of I-84 and 181st Avenue in Portland, Oregon, offers a prime opportunity for businesses seeking high visibility and accessibility. The property consists of four suites within a total of 110,207 square feet of retail space, situated on a 56,467 square foot lot in Multnomah County. Currently, there are 63,382 square feet of vacant space available, offering flexibility for various business needs. Individual suites range from a minimum of 1,900 square feet to a maximum contiguous space of 56,467 square feet, catering to a wide range of tenants. The property's strategic location at a major highway interchange ensures high traffic volume and excellent exposure to a large customer base. The property is classified as an outparcel/pad, offering convenient access and ample parking. This is an ideal location for businesses seeking a prominent presence in a thriving Portland market. The property's size and layout provide opportunities for both single-tenant occupancy or multi-tenant configurations. With its prime location and significant available space, this property presents a compelling investment opportunity for discerning businesses. The zip code is 97230.

    Property Features for I-84 Ave -

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    110,207 SF

    Unit(s) available at that property

    Space
    Available Pad site
    Size
    56,467 SF
    Space
    Available Space
    Size
    1,900 SF
    Space
    Available Space
    Size
    2,350 SF
    Space
    Available Space
    Size
    2,665 SF

    HighLights

    • High‑visibility drive‑thru pad site at I‑84 and NE 181st Ave.
    • Strong location in a high‑employment corridor near US Bank, Albertsons, John Deere, Grocery Outlet, and Boeing.
    • Excellent retail co‑tenancy including McDonald's, Burger King, and 24 Hour Fitness.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.5040714
    Latitude
    45.5423119

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    FAQs

    What type of property is this?
    Individual retail property - High-traffic retail space, multiple suites available.
    Where is this individual retail property located?
    The property is located at I-84 Ave - Portland, OR.
    What are key features of this property?
    This property features: High-visibility drive-thru pad site at I-84 and NE 181st Ave.; Strong location in a high-employment corridor near US Bank, Albertsons, John Deere, Grocery Outlet, and Boeing.; Excellent retail co-tenancy including McDonald's, Burger King, and 24 Hour Fitness.
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    I-84 Ave - Portland, OR 97230
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    Portland, OR 97230
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    I-84 Ave - Portland, OR 97230
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