CBRE is pleased to offer for sale the 106,500-square-foot Home Depot situated on 9.28 acres in Portland, Oregon (MSA Population: 2.6M+). Home Depot’s net lease features ±10.7 years of primary term remaining with a 9.90% rent increase in 2032. Additionally, the lease features three, 5-year renewal options with a 9% rent increase in the first option, then 10% in the second and third options. The Home Depot is part of the larger 743,227-square-foot Jantzen Beach Center, which is one of the only major shopping centers in the region. Located on Hayden Island in the Columbia River, Jantzen Beach Center serves as a major retail destination strategically positioned on the border of Oregon and Washington. Its location off Interstate 5 makes it a primary stop for Washington residents seeking tax-free shopping in Oregon. The center is home to big box retailers like Target, Dick’s Sporting Goods, Best Buy, Ross, Burlington, T.J. Maxx, Sierra Trading Post, Homegoods, Michaels, Ashley Homestore and Ulta Beauty, to name a few. By visits, Jantzen Beach Center ranks among the top 8% of shopping centers nationwide and is within the top 7% of shopping centers in the state of Oregon (Placer.ai). Located 8.4 miles north of downtown Portland, Home Depot is positioned with excellent access and visibility between the Columbia River and Interstate 5 (115,100 VPD), giving it strong regional connectivity between Portland, OR and Vancouver, WA. Its proximity to the Interstate Bridge and I-5 Exit 308 allows direct north-south access for both residential consumers and professional contractors.