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Teriyaki Restaurant with Patio
For Sale
$690,000

Tualatin, OR 97062, Tualatin, OR 97062

CommercialSale, Tualatin, OR

Property Size2,300 SF
Price / SF$300
Days on Market379

Property Features

General Information

Property type Commercial Sale
Property subtype Other
Zoning comm
Subdivision _151
Standard status Active
Size 2,300 SF

Taxes and HOA fees

Tax Annual Amount 3850

Utilities

Heating system Forced Air
Cooling system Central Air

Building Details

Floors in Building 3
Building materials Brick
Listing Agency: Realty First
Listed By: Sam Kim
Added: Sep 26, 2025 Changed: Oct 8 Last Checked: Oct 9 at 5:06AM
MLS# 460236669

Copyright © 2026 Regional Multiple Listing Services. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,300-square-foot teriyaki restaurant includes indoor booth and table seating, plus an outdoor patio. Its commercial kitchen is fitted with grills, griddles, multiple fryers, prep stations, and a dedicated beverage preparation area. Walk-in refrigerator and freezer units provide cold storage, and the building has brick construction, forced-air heating, and central air conditioning. The restaurant is equipped for dine-in, takeout, and delivery service, with catering also identified as an available service channel. An assumable lease is part of the offering.

Located in Tualatin, Oregon, the restaurant combines customer seating with a fully equipped kitchen and storage areas. Existing service formats include indoor dining and patio seating, as well as off-premises ordering. The property is offered for sale as a restaurant business.

Key Highlights

  • 2,300‑square‑foot teriyaki restaurant in Tualatin, Oregon
  • Commercial kitchen includes grills, griddles, multiple fryers, and prep stations
  • Walk‑in refrigerator and freezer units

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,583
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$711,660 $711.7K
Cap Rate 7%
$508,329 $508.3K
Cap Rate 9%
$395,367 $395.4K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$49.7K $21.60/SF
− Vacancy
−$2.2K −$0.97/SF
EGI
$47.4K $20.63/SF
− OpEx
−$11.9K −$5.16/SF
NOI
$35.6K $15.47/SF
Area
Washington County, OR
Vacancy
4.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$711,660
Cap Rate 7%
$508,329
Cap Rate 9%
$395,367

Alternative Uses

Best Use
Specialty Retail
$508.3K
$444.8K – $593.1K (±1% cap)
NOI $35,583 @ 7.0% cap · market cap 5.16%
Second Best
Industrial
$206.2K
$180.5K – $240.6K (±1% cap)
NOI $14,436 @ 7.0% cap · market cap 2.09%
Theoretical Best
Office A
$620.8K
$543.2K – $724.3K (±1% cap)
NOI $43,458 @ 7.0% cap · market cap 6.30%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

192
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97062, OR

29,146
Population
11,659
Households
2.5
Avg Household Size
38
Median Age
46%
College-Educated
94%
High-School Grad
14.2 sq mi
ZIP Area
2,053
Density / Sq Mi
$106,987
Median Household Income
$51,753
Median Earnings
$1,721
Median Rent
$607,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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?
Conventional restaurant - Indoor seating and an outdoor patio support dine-in service alongside takeout and delivery.
Where is this conventional restaurant located?
The property is located at Tualatin, OR.
What is the asking price?
The asking price for this property is $690,000.
What are key features of this property?
This property features: 2,300‑square‑foot teriyaki restaurant in Tualatin, Oregon; Commercial kitchen includes grills, griddles, multiple fryers, and prep stations; Walk‑in refrigerator and freezer units
More about this property
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