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Property summary
Exceptional retail opportunity at Strauss on Burnside, located at 77 NE Grand Ave, Portland, OR 97232. This prime location sits at the intersection of NE Grand Avenue and E Burnside Street, in the vibrant Central Eastside submarket of Southeast Portland, Multnomah County. The property offers several flexible spaces ideal for a variety of service-oriented businesses. Suite 4, a 1,278 square foot space, is perfect for retail, service, wine tasting, or café uses and is available immediately at… a lease rate of $28 per square foot plus NNN. Suite 5, measuring 1,227 square feet, is suited for tasting rooms, taprooms, or coffee/tea shops and will be available January 9, 2025, with a lease rate of $32 per square foot plus NNN. Two additional suites are also available immediately: Suite 6, a 710 square foot retail/service space, and Suite 7, a 654 square foot retail/service space, both leasing at $28 per square foot plus NNN. The property is zoned EX. Please note that the property is currently multi-tenant. Interested parties should inquire for further details.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 11 properties nearbyComparable nearby
Similar Nearby for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 137,519 SF
- Lot area
- 0.58 ac
- Year built
- 2016
- Stories
- 1
- APN
- 1N1E35CB 08900
- Zoning
- EXD
- Assessed value · 2023
- $17,143,240
- Annual tax · 2023
- $454,274
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $454,274
- Selected cap rate
- Commercial (general)
- Auto Repair, Garage
- Medical Building
- Retail Stores
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Portland market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
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- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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