16050-16200 SE 82nd Dr - Freestanding FOR SALE
Clackamas, OR 97015 |
16050-16200 SE 82nd Dr
Clackamas, OR 97015
HIGHLIGHTS
- Anchored by Dollar Tree (S&P: BBB), an investment-grade credit tenant and the third-largest discount retailer in the U.S.
- Wendy’s and Taco Bell are each on their own separate ground lease parcels, providing an opportunity for sell-off.
- Long historical occupancy as 25% of the GLA has occupied the center for 10+ years, not including Taco Bell and Wendy’s, which have occupied the center
- In-place rents are 30% below the Portland Metro market average retail rental rate of $23/SF.
- Located outside of Multnomah County, in neighboring Clackamas County, one of the fastest-growing counties in the state of Oregon
- Increased draw to the area provided by the Fred Meyer anchored shopping center directly across the street.
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
TOTAL BUILDING SIZE
70052
STORIES
1
YEAR BUILT
1979
SPRINKLERS
-
PARKING SPACES
234
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
00477237
