Portland, OR Shopping Centers for Sale

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Happy Valley, OR Clackamas, OR Gresham, OR

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Updated: Jul 16, 2025

Well-Maintained Strip Mall Investment

13116 NE SANDY, Portland, OR 97230

$2,480,973

17,500 sqft

High‑visibility location on a busy street near Costco, with easy access via major roads.
Fully leased strip mall with 8 tenants across 2 buildings, providing immediate income.
Potential for increased income by raising rents to market value.
Opportunity for expansion by converting a 350 sq. ft. storage room into rentable space.
Favorable return on investment with potential for further income through expansion on the adjacent lot.

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This listing looks promising.

Here's a quick look at some key insights for

13116 NE SANDY, Portland, OR 97230

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Est. Cap Rate

8.2%
Above avg (5.9%)
Est. NOI

$204K
Annual
Mortgage

$180K
Nov 2023
Last Sold

Jan 2026
$2.89M
Property Type

Retail Stores
Built 1968

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Updated: Feb 14

Multi-Tenant Building on N Lombard

2924 N LOMBARD, Portland, OR 97217

$1,650,000

6,942 sqft · 0.12 AC lot

100% Occupied Multi‑Tenant Building: Provides immediate rental income.
Excellent Exposure and Visibility on N Lombard: High traffic location for tenants.
Separate Tax Lot with 13 Off‑Street Parking Spaces: Valuable amenity for tenants.
CM2 and RM2 Zoning: Offers future redevelopment potential (subject to verification).
Built in 1925: Classic building with potential for renovation or modernization.

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Leasehold Retail Property in Portland

9687 Northeast Cascades Parkway, Portland, OR 97220

$2,218,000

5,116 sqft

Fully leased, two-tenant retail property with corporate-backed tenants and recent extensions.

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Single-Tenant Home Depot Net Lease

1728 North Tomahawk Island Drive, Portland, OR 97217

$41,045,000

106,500 sqft · 9.28 AC lot

Home Depot net lease on Hayden Island with remaining primary term and defined scheduled rent increases.

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Fully Occupied Retail Condo

1111 NE Broadway, Portland, OR 97232

$6,640,000

15,755 sqft

Multi-tenant retail condo in Portland's Irvington neighborhood.

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Beaumont Neighborhood Retail Condominium

4937-4941 NE Fremont Street, Portland, OR 97213

Contact for pricing

Newer investment retail condominium with stable tenants and strong rent.

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Retail Center on SE Division

5008-5022 SE Division St, Portland, OR

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10,000 sqft · 0.23 AC lot

Retail center with excellent visibility and access on Division.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Portland, OR, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Office-Retail Investment Property on 99W

2911 Portland Rd, Newberg, OR

$1,995,000

6,268 sqft · 0.69 AC lot

Well-maintained investment property with long-term tenants in a prominent location.

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Leased Office/Retail Complex For Sale

2913 Portland Rd, Newberg, OR

$1,995,000

6,268 sqft · 0.69 AC lot

Fully leased office and retail complex in Newberg, Oregon.

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Retail Shopping Center For Sale

140 Northwest Burnside Road, Gresham, OR 97030

Contact for pricing

73,386 sqft

For-sale retail shopping center opportunity on Northwest Burnside Road in Gresham, suited for a variety of storefront users.

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Retail Shopping Center For Sale

56 Northwest Burnside Road, Gresham, OR 97030

Contact for pricing

85,881 sqft

For-sale retail shopping center offering space for compatible tenants at 56 Northwest Burnside Road.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Prime Commercial Land Opportunity

18215 SW Sargent Road, Rochester, WA 98579

$649,900

10.40 AC lot

10.4 acres of level commercial land with development potential.

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Yakima Retail Land For Sale

128 N Fair Ave Suite 101, Yakima, WA 98901

Contact for pricing

6.00 AC lot

6 acre commercial land available in Yakima, Washington.

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Yakima Land For Sale

128 N Fair Ave Suite 6-113, Yakima, WA 98901

Contact for pricing

6.00 AC lot

6 acre commercial land in Yakima, Washington.

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Richland Commercial Retail Land

1753 George Washington Way Ste. 401, Richland, WA 99354

Contact for pricing

13.00 AC lot

13 acre commercial land for sale in Richland, Washington.

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Off-Market Properties in Portland, OR

Consider similar Off-Market properties in Portland, OR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

SHOPPING CENTER, STRIP CENTER

11208 Barnes Rd, Portland, OR 97225-5300

Value Estimation by Request

61,413 sqft · 16.43 AC lot

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SHOPPING CENTER, STRIP CENTER

13600 Pacific Hwy, Portland, OR 97223-4834

Value Estimation by Request

119,667 sqft · 11.69 AC lot

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SHOPPING CENTER, STRIP CENTER

4860 82nd Ave, Portland, OR 97266-3169

$1,350,000

Estimated value

672 sqft · 0.57 AC lot

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REGIONAL SHOPPING CENTER, MALL

16916 Trillium St, Portland, OR 97229-1426

$935,000

Estimated value

3,111 sqft · 0.11 AC lot

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SHOPPING CENTER, STRIP CENTER

1-39 Wi Nw 23rd Pl, Portland, OR 97210

$30,750,000

Estimated value

1.39 AC lot

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REGIONAL SHOPPING CENTER, MALL

7485 Bridgeport Rd, Portland, OR 97224-7207

Value Estimation by Request

395,768 sqft · 18.68 AC lot

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SHOPPING CENTER, STRIP CENTER

9180 Hall Blvd, Portland, OR 97223-4408

Value Estimation by Request

72,461 sqft · 6.61 AC lot

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SHOPPING CENTER, STRIP CENTER

16200 Pacific Hwy Ste Z, Portland, OR 97224-3471

$11,770,000

Estimated value

176,210 sqft · 3.90 AC lot

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SHOPPING CENTER, STRIP CENTER

10115 Nimbus Ave, Portland, OR 97223-4349

Value Estimation by Request

24,778 sqft · 2.42 AC lot

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SHOPPING CENTER, STRIP CENTER

11705 Pacific Hwy, Portland, OR 97223-8463

Value Estimation by Request

2,461 sqft · 3.07 AC lot

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SHOPPING CENTER, STRIP CENTER

9009 Hall Blvd, Portland, OR 97223-4432

Value Estimation by Request

123,973 sqft · 7.10 AC lot

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SHOPPING CENTER, STRIP CENTER

7500 Dartmouth St Ste, Portland, OR 97223-7711

Unit 130

$5,180,000

Estimated value

11,741 sqft · 2.22 AC lot

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SHOPPING CENTER, STRIP CENTER

1501-1519 Wi Ne 181st Ave, Portland, OR 97230

Value Estimation by Request

16,940 sqft · 2.27 AC lot

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SHOPPING CENTER, STRIP CENTER

1383-1449 Wi Ne 181st Ave, Portland, OR 97230

Value Estimation by Request

26,810 sqft · 3.87 AC lot

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SHOPPING CENTER, STRIP CENTER

17112 Wi Se Powell Blvd, Portland, OR 97236

Value Estimation by Request

0.48 AC lot

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SHOPPING CENTER, STRIP CENTER

7400 Oleson Rd, Portland, OR 97223-7475

Value Estimation by Request

0.80 AC lot

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REGIONAL SHOPPING CENTER, MALL

9400 Washington Sq Rd, Portland, OR 97223

Value Estimation by Request

242,505 sqft · 13.49 AC lot

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Portland, OR Shopping Centers Market Trends and Statistics

Explore 72 shopping centers for sale in Portland, OR, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 151,813 square feet of properties for sale, with an estimated market value of $54,033,973.

Sale prices for plazas in Portland, OR start at $1,650,000, averaging $10,806,794, and reaching up to $41,045,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 963K

Population Growth (5Y) +2.6%

Median Household Income $96,336

College Educated 38.0%

High-Yield Neighborhoods for Investment

Identify Portland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
97220	$2.2M
97230	$2.5M
97232	$6.6M
97217	$21.3M

Taxes & Financing

Tax Rate (average for all types) 2.32%

Property Tax per SF $13.53 per SF

Tax Rate vs County Average 0.06 pp above county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Clackamas County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Portland fall within the 10,000 to 25,000 square foot range.

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Portland, OR Shopping Centers for Sale

13116 NE SANDY, Portland, OR 97230

2924 N LOMBARD, Portland, OR 97217

9687 Northeast Cascades Parkway, Portland, OR 97220

1728 North Tomahawk Island Drive, Portland, OR 97217

1111 NE Broadway, Portland, OR 97232

4937-4941 NE Fremont Street, Portland, OR 97213

5008-5022 SE Division St, Portland, OR

Opportunities in Nearby Cities

2911 Portland Rd, Newberg, OR

2913 Portland Rd, Newberg, OR

140 Northwest Burnside Road, Gresham, OR 97030

56 Northwest Burnside Road, Gresham, OR 97030

Potential Development Sites for Consideration

18215 SW Sargent Road, Rochester, WA 98579

128 N Fair Ave Suite 101, Yakima, WA 98901

128 N Fair Ave Suite 6-113, Yakima, WA 98901

1753 George Washington Way Ste. 401, Richland, WA 99354

Off-Market Properties in Portland, OR

11208 Barnes Rd, Portland, OR 97225-5300

13600 Pacific Hwy, Portland, OR 97223-4834

4860 82nd Ave, Portland, OR 97266-3169

16916 Trillium St, Portland, OR 97229-1426

1-39 Wi Nw 23rd Pl, Portland, OR 97210

7485 Bridgeport Rd, Portland, OR 97224-7207

9180 Hall Blvd, Portland, OR 97223-4408

16200 Pacific Hwy Ste Z, Portland, OR 97224-3471

10115 Nimbus Ave, Portland, OR 97223-4349

11705 Pacific Hwy, Portland, OR 97223-8463

9009 Hall Blvd, Portland, OR 97223-4432

7500 Dartmouth St Ste, Portland, OR 97223-7711

1501-1519 Wi Ne 181st Ave, Portland, OR 97230

1383-1449 Wi Ne 181st Ave, Portland, OR 97230

17112 Wi Se Powell Blvd, Portland, OR 97236

7400 Oleson Rd, Portland, OR 97223-7475

9400 Washington Sq Rd, Portland, OR 97223

Portland, OR Shopping Centers Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

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