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Property profile & analytics
OFF-MARKET Estimated value $6,515,000
Retail space

5431 Beaverton Hillsdale Hwy Portland, OR 97221-1918

35,200 SF 0.81 ac lot Built 1978
Entity Owned Absentee Owner Free & Clear
Property ID
US71-0626186
Property summary
AI-generated overview

This exceptional opportunity presents 10 retail spaces available for lease across Western Oregon. These spaces, ranging from 4,852 to 12,215 square feet, are situated in multiple grocery-anchored shopping centers. The spaces are adjacent to operating Rite Aid pharmacies, benefiting from established foot traffic and brand recognition. A total of 12,215 square feet is currently vacant and immediately available. The minimum leasable space is 4,852 square feet, while the maximum contiguous space available is 12,215 square feet. This presents a unique chance for businesses seeking high-visibility locations in thriving communities. The properties are located in Multnomah County and other areas across Western Oregon, including Portland, Hillsboro, Salem, and Hood River. Detailed floor plans and specific locations are available upon request. This is an ideal opportunity for businesses seeking affordable, high-traffic retail space in established shopping centers. The spaces are ready for immediate occupancy, offering a significant advantage for quick market entry. Contact us to discuss lease rates and explore the possibilities of establishing your business in these prime locations. The property type is retail, specifically former pharmacy space, with multiple tenancy options. The total building square footage across all locations is 15,523 square feet.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1978
Total area 35,200 SF
Lot 0.81 ac (35,284 SF)
Zoning code CG
APN 1S1E18AB 09300
UPID US71-0626186
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Rite Aid Pharmacy Pharmacy
  • Timothy O. Bidwell, RPH Pharmacy
  • Jovencio Domingo, PharmD Pharmacy
  • Amazon Locker - Kristopher Postal Service Courier Service
  • Rite Aid Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.51M
Blend (final) Blend
$6.52M
Owner & transaction history
SBH LLC
SBH LLC
Zoning & alternative use
CG · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $10.8M +1.7%
Medical building $10.6M +0.6%
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