The Offering presents the opportunity to acquire a fully leased, two-tenant retail asset in the heart of East Portland, Oregon. Anchored by nationally recognized, service-oriented tenants—US Renal Care and Edward Jones—the Property benefits from credit tenancy, stable in-place income, and long-term demand drivers.
Strategically positioned just three blocks from an I-205 on-ramp and along SE Stark Street, the site enjoys exceptional visibility and accessibility with combined daily traffic counts exceeding 190,000 vehicles. The property is also adjacent to Marketplace 205, a high-performing regional retail center anchored by The Home Depot and Target, both of which generate over one million annual visits—further enhancing foot traffic and tenant synergy.
The surrounding area boasts a dense and affluent population of more than 430,000 residents within a five-mile radius and average household incomes exceeding $115,000. With flexible CM2 zoning that permits a variety of commercial and residential uses, including multifamily redevelopment up to five stories, the property also offers long-term repositioning potential.
This asset is ideally suited for investors seeking stable cash flow from national tenancy, outstanding real estate fundamentals, and embedded value through future redevelopment potential in a dynamic Portland submarket.