9009 SW HALL BLVD Portland, OR 97223

Building Details

Year Built

1988

Listing office Northmarq - Seattle

Listing date Jul 8, 2026

Source Crexi

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 - Seattle

Report an issue

---

Investment Insights

Based on property information with market context.

Northmarq presents a single-tenant Macy’s Furniture Gallery for sale. The two-story property totals 50,808 SF and is located on a 2.49-acre infill parcel. The asset is offered with a NNN lease structure.

The building fronts SW Hall Blvd with approximately 20,000 VPD and provides direct connectivity to Highway 217, where traffic is reported at approximately 82,000 VPD. It is also in immediate proximity to Washington Square, a super-regional mall in the Portland MSA that generates over 10 million annual visits per Placer.ai.

The offering is structured at a 7.00% cap rate. The lease includes four (4) five-year renewal options with 10% rent bumps. The surrounding submarket reports vacancy of approximately 3%, indicating a supply-constrained retail environment.

Key Highlights

• Two‑story, single‑tenant Macy’s Furniture Gallery built in 1988 offering 50,808 SF
• Located on a 2.49‑acre infill parcel along SW Hall Blvd with 120,000 VPD
• Direct connectivity to Highway 217 with 82,000 VPD

Property Analytics

Location Intelligence

Similar For Sale Nearby

• 

  $2,000,000

  6,070 SF

  Six-Unit Apartment Community

  2019-built six-unit community with in-unit laundry and off-street parking on a low-density lot.

  8300 SE Flavel St, Portland, OR 97266

  View Details
• 

  $1,649,900

  3,936 SF

  Park-Front Fourplex Opportunity

  New North Portland fourplex with four private residences and efficient heating and cooling, positioned directly across from Peninsula Park.

  6214 N Kerby Ave, Portland, OR 97217

  View Details
• 

  $4,313,900

  11,578 SF

  Detached Cottage Multifamily Portfolio

  Twelve new construction detached two-bedroom cottages with modern in-unit features and efficient mini-split climate control.

  7033 SE 60th Ave, Portland, OR 97206

  View Details
• 

  $2,890,000

  13,152 SF

  21-Unit Apartment Community

  Small multifamily with 1- and 2-bedroom homes and on-site parking in Portland’s Rockwood area.

  19109 SE YAMHILL St, Portland, OR 97233

  View Details
• 

  $1,739,900

  4,868 SF

  New Construction Cottage Portfolio

  Four detached homes near St. Johns with strong rental potential.

  6603 N Seneca St, Portland, OR 97203

  View Details
• 

  $1,969,900

  4,815 SF

  New Multifamily Investment by Park

  Five-unit townhome investment across from Peninsula Park in Portland, Oregon.

  6179 N Albina Ave, Portland, OR 97217

  View Details
• 

  $899,000

  5,982 SF

  Versatile Commercial Property with Warehouse

  Mixed-use property featuring storefronts, restaurant, and warehouse space.

  1218 N Killingsworth Street, Portland, OR 97217

  View Details
• 

  $2,889,900

  7,179 SF

  Rose City Park Multifamily Investment

  New 7-unit multifamily property in Portland's Rose City Park.

  2938 NE 62nd Ave, Portland, OR 97213

  View Details
• 

  $1,979,900

  4,588 SF

  New Cottage Homes in Beaumont-Wilshire

  Four newly built detached cottage homes in NE Portland.

  4895 NE CESAR E CHAVEZ Blvd, Portland, OR 97211

  View Details
• 

  $715,000

  2,181 SF

  Remodeled Duplex with Two Units

  Updated duplex offers two remodeled units with private laundry, office space, and fenced outdoor areas.

  2345 SE 145TH Ave, Portland, OR 97233

  View Details
• 

  $645,000

  5,500 SF

  Mixed-Use Apartment Building

  Two buildings include street-level office/retail with apartments above, plus basement space, and are sold as-is.

  8325 SE DIVISION St, Portland, OR 97266

  View Details
• 

  $1,250,000

  3,467 SF

  Residential Income Property with ADU

  Restored 1932 residence with a fully permitted 2021 attached ADU, plus finished lower level flexibility and extensive exterior upgrades.

  6164 SW CAPITOL Hwy, Portland, OR 97239

  View Details

FAQs

What type of property is this?

Retail space - Two-story single-tenant Macy’s Furniture Gallery on a NNN lease along SW Hall Blvd with direct Highway 217 connectivity.

Where is this retail space located?

The property is located at 9009 SW HALL BLVD Portland, OR.

What is the asking price?

The asking price for this property is $12,560,000.

What are key features of this property?

This property features: Two‑story, single‑tenant Macy’s Furniture Gallery built in 1988 offering 50,808 SF; Located on a 2.49‑acre infill parcel along SW Hall Blvd with 120,000 VPD; Direct connectivity to Highway 217 with 82,000 VPD