21150 SW Tualatin Valley Hwy - Retail FOR SALE


Beaverton, OR 97003- Cooper Mountain-Aloha North
$2,300,000 USD
503-705-7352
21150 SW Tualatin Valley Hwy, Beaverton, OR for Sale
$2,300,000 USD
Retail - FOR SALE
1/7
null | 5.42% Cap Rate

21150 SW Tualatin Valley Hwy
Beaverton, OR 97003
Cooper Mountain-Aloha North


HIGHLIGHTS

  • Dual, Complementary Income Streams
  • Long-Term Lease Security with Built-In Growth
  • Minimal Landlord Responsibilities
  • Prime Visibility on a High-Traffic Corridor
  • Strong Residual Land Value in Growth Market

OVERVIEW

Situated on the bustling Tualatin Valley Highway in Beaverton, Oregon, this offering pairs two complementary, low-management income streams on a single parcel: a freestanding, drive-thru Black?Rock?Coffee Bar, operating under a 10-year absolute-NNN lease that commenced in May?2018 and generates?$52,800 in annual base rent with three five-year renewal options and a long-term ground lease for a prominent double-faced billboard that pays?$70,000 base rent per year with contractually scheduled 10?percent rent escalations every five years through August?2049. The combination delivers stable current NOI of?$124,607, backed by both daily retail traffic and sustained out-of-home advertising demand, while requiring virtually no landlord oversight. Set within the dense Portland-metro suburb of Beaverton, home to Nike’s world headquarters, Intel campuses, and consistent population growth, the property offers investors a rare opportunity to secure diversified cash flow, strong residual land value, and attractive exit flexibility in one of Oregon’s most dynamic commercial corridors.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$3,583 USD /SF

CAP RATE

5.42%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Black Rock Coffee Bar & Lamar Digital Billboa

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Fast Food, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2018

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ryan ImbrieSVN | Imbrie RealtyMore Info
503-705-7352

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Ryan ImbrieSVN | Imbrie RealtyMore Info
503-705-7352

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.