11135 Canyon RdBeaverton, OR 97005

For Sale
$3,500,000

11,500 SF, 100% Occupied, High Cap Rate

Overview

Added:
Dec 11, 2024
Days on market:
94
This exceptional 11,500 square foot retail shopping center presents a rare investment opportunity. Located at 11135 SW Canyon Rd, Beaverton, OR 97005, this single-story, Class C property boasts a 100% occupancy rate with four tenants, including anchor stores Kohl's and Sephora. Built in 1990, the center sits on a 0.92-acre lot (APN: 1S110DC-00303) and is zoned GC. The property features a Net Lease (NNN) structure and offers an attractive asking price of $3,500,000, translating to $304 per square foot and a compelling 6.01% capitalization rate. Abundant parking is available. Situated in the thriving Tualatin Valley, this center benefits from its location in Beaverton, Oregon's sixth-largest city and a key part of Oregon's Silicon Forest, offering strong demographics and high traffic volume. This fully leased investment presents a stable and potentially lucrative return for discerning investors.

Highlights

  • 11,500 SF retail center in Beaverton, OR, offering a compelling investment opportunity.
  • 100% occupancy with four tenants, including Kohl's and Sephora.
  • Located at 11135 SW Canyon Rd, Beaverton, OR 97005, on a 0.92-acre lot (APN: 1S110DC-00303), zoned GC.
  • Single-story, Class C building, built in 1990, with abundant parking.
  • Net Lease (NNN) structure, asking price $3,500,000 ($304/SF), 6.01% cap rate.

Property Details for 11135 Canyon Rd

Property type
Lifestyle centers, Power centers
Square Feet
11,500 SF
Class
C
Year Built
1990
Stories
1
Lot Size (sq. ft)
40,075 SF

Location Insight

City
Beaverton
County
Washington
State
Oregon
Latitude
45.4919464
Longitude
-122.790879
11135 Canyon Rd, Beaverton, Oregon
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11135 Canyon Rd
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