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.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$9,172,193
6.5%
$8,466,640
7%
$7,861,880
Comparable approach
Method
Valuation
Relative Method
$15,053,671
Geo Method
$17,082,616
Alternative Use
Use
Valuation
Residential
$7,141,928
Hospitality
$6,541,967
Educational
$5,442,840
Medical
$5,630,028
Retail
$8,466,640
Location Insight
City
Portland
County
Multnomah
State
Oregon
Latitude
45.4878
Longitude
-122.733
CBSA code
38900
CBSA name
PORTLAND-VANCOUVER-BEAVERTON, OR-WA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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