4655 Griffith Dr, Beaverton, OR 97005-8728
- Retail space
- 9,091 SF
- 1.40 lot acres
Current Use by Public Records
- Signature Insurance Agency OR / Insurance Agency
- wok n guys pdx / Restaurant
- Noodles and Company / Restaurant
- A New Vision, PC / Eye Care Center / Optometrist
- Ki Coffee & Brunch / Cafe & Coffee Shop
Property Details for 4655 Griffith Dr
- Year built
- 2006
- Lot size
- 1.40 lot acres
- Zone code
- RC-E
- Property type
- Retail space
- APN
- 1S115BD-03502
- APU
- 1S115BD03502
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Oct 2, 2017 | — | Griffith Center LLC | — | Deed · related | $4.8M · Wells Fargo Bank NA |
| Oct 16, 2006 | $8,854,340 | Griffith Center LLC | Fwi Oregon LLC | Special Warranty Deed | $6.3M · Morgan Stanley Mortgage Capital INC |
| Jun 2, 2005 | $2,175,000 | First Western Investment Services O | Jeg Investors | Warranty Deed | $2M · Macquarie Real Estate Finance INC |
Description
This exceptional 1,578 square foot retail space is ideally situated in the heart of Beaverton's central westside, at 4655 SW Griffith Dr, Beaverton, OR 97005. Located within the Shops at Griffith Park, this property offers immediate occupancy in a vibrant commercial center. The space is entirely vacant and presents a blank canvas for a variety of retail uses. Its prime location boasts excellent visibility and accessibility, benefiting from adjacency to Beaverton Town Square and proximity to major retailers such as Trader Joe's, Buffalo Wild Wings, Olive Garden, Fred Meyer, Home Depot, Target, and Kohl's. This strategic positioning within a high-traffic area ensures significant foot traffic and exposure to a substantial customer base. The surrounding trade area is characterized by above-average household incomes, high educational attainment, and a strong employment base, thanks to the presence of prominent employers including Intel, Tektronics, and Nike headquarters. This presents a compelling opportunity for businesses seeking a thriving location with a robust consumer demographic. The property is classified as Commercial Retail, with multiple tenancy options, and is located in Washington County, Oregon. The building's total square footage is 1,578 square feet, all of which is currently available for lease.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,138,000
- AI Estimate
- $3,138,000
Market price range: $1.60M - $3.14MMarket price range: $1.60M - $3.14M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,170,000 Current use
- MEDICAL BUILDING
- $2,900,000 Change: +34% Conversion: Difficult
- RESTAURANT
- $2,750,000 Change: +27% Conversion: Easy
- COMMERCIAL (GENERAL)
- $2,270,000 Change: +5% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $2,025,000 Change: -7% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Beaverton
- County
- Washington
- State
- Oregon
- Longitude
- -122.797
- Latitude
- 45.4861
- CBSA code
- 38900
- CBSA name
- PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
