10287 SE Highway 212 - Freestanding FOR SALE
Clackamas, OR 97015 |
$4,400,000 USD
818-281-7893
10287 SE Highway 212
Clackamas, OR 97015
HIGHLIGHTS
- Brand New Long-Term (20-Year) Absolute NNN Ground Lease - Opening June 2026
- Absolute NNN Lease Structure - No Landlord Responsibilities Whatsoever - Tenant is responsible for all property expenses, including roof & structure
- Excellent Frontage and Visibility along Heavily Travelled Hwy 212 (39,672 VPD) within one of Clackamas County’s primary retail and commuter corridors
- #2 Grocery Brand in the United States - The Kroger Co. Annual Revenue: Over $145 billion, making it one of the largest grocers in the U.S.
- Located in Heart of the Affluent Portland MSA / Dense Infill Location - Over 213,823 permanent residents live within a 5-mile radius
FOR SALE DETAILS
PRICE
$4,400,000 USD
PRICE/SF
$821 USD /SF
CAP RATE
5%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
Fred Meyer/The Kroger Co. - New 20-Yr Abs NNN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Convenience Store, Service Station, undefined
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1968
SPRINKLERS
-
PARKING SPACES
30
LAND DETAILS
LAND ACRES
0.73 AC
LAND SF
31,799 SF
ZONING
C3
APN/PARCEL ID
00478218
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818-281-7893
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818-281-7893
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