8703 82Nd Ave Portland, OR 97086
High-performing auto parts store, strong lease.
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 136
Highlights
- New 10-year lease extension with O'Reilly Auto Parts, including 7.5% rent increases every 5 years; zero rent concessions.
- Absolute NNN lease; no landlord responsibilities.
- Rent is approximately 30% below market rate.
- Grocery-anchored outparcel in a strong retail center with national tenants.
- O'Reilly store ranks in the top 22% nationally and top 40% in Oregon.
- Located in Southeast Portland with over 145,000 residents within 3 miles and average household income near $100,000.
Property Details for 8703 82Nd Ave
- Property type
- Retail properties, Grocery and convenience stores
- Square Feet
- 7,000 SF
- Year Built
- 2000
- Buildings
- 1
- Stories
- 1
Location Insight
- City
- Portland
- County
- Clackamas
- State
- Oregon
- Latitude
- 45.4600001
- Longitude
- -122.5794572
Nearby Similar for Sale
FAQs
- What type of property is this?
- Retail property - High-performing auto parts store, strong lease.
- Where is the retail property located?
- The property is located at 8703 82Nd Ave Portland, OR.
- What is the asking price?
- The asking price for this property is $2,224,377.
- What are key features of this property?
- This property features: New 10-year lease extension with O'Reilly Auto Parts, including 7.5% rent increases every 5 years; zero rent concessions.; Absolute NNN lease; no landlord responsibilities.; Rent is approximately 30% below market rate.
- How can I contact the broker?
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