5431 Beaverton Hillsdale HwyPortland, OR 97221

  • Retail space
  • 35,200 SF

Property Details for 5431 Beaverton Hillsdale Hwy

Year built
1978
Lot size
0.81 AC
Property size (Sq ft)
35,200 SF
Zone code
CG
Property type
Retail space
APN
1S1E18AB 09300
APU
1S1E18AB09300

Description

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

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$50,633
-
-
$1,912,580
-
$1,518,530
$1,507,170
$3,025,700

FAQs

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