Property profile

2457 Cherry Park Rd Troutdale, OR 97060

OFF-MARKET
Retail properties & Spaces
124,477 SF
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Retail properties & Spaces
Total area 124,477 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Credit Union

Location

2457 Cherry Park Rd Troutdale, OR 97060
Troutdale metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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