2457 Cherry Park Rd, Troutdale, OR 97060
This exceptional retail property, Cherry Park Market Center, located at 2457 SW Cherry Park Road in Troutdale, Oregon, 97060, offers a unique investment opportunity. Situated on a substantial 16.58-acre lot in Multnomah County, this center boasts a total of 124,477 square feet of retail space, currently housing nine suites. Eleven spaces are available for lease, ranging from a minimum of 900 square feet to a maximum contiguous space of 3,577 square feet, providing flexibility for various business needs. The property's high visibility and convenient location within a thriving community ensure significant foot traffic and exposure. Currently, there are 16,795 square feet of vacant space ready for immediate occupancy. This presents a remarkable chance to establish or expand a business in a prime retail location. The property's size and layout offer ample opportunity for a variety of retail concepts. The property is classified as Commercial Retail with Multiple Tenancy. This is an excellent opportunity to secure a prominent presence in a bustling Multnomah County market. Contact us today to learn more about leasing opportunities.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.