844-585-7674
328 NW Burnside Rd, Gresham, OR for Sale
Freestanding - FOR SALE
1/4
null | Request Cap Rate

328 NW Burnside Rd
Gresham, OR 97030
Downtown Gresham


HIGHLIGHTS

  • Ranked in the top 9% most trafficked in the strip/convenience category nationwide, per Placer.ai
  • 86% of current tenants have operated in the center for at least 8 years, demonstrating exceptional long-term retention
  • Structured rent growth throughout; most leases include rental increases, providing a hedge against inflation
  • Raising Cane’s, Key Bank and Red Lobster are not included in the offering, but drive additional traffic to the center
  • Wunderland, a family owned, Oregon entertainment landmark, offers a clean, fun and safe environment
  • The Gresham location is their largest and most profitable

OVERVIEW

Anchored by Wunderland, the Dominant Portland MSA Family Entertainment. Destination with a 60-Year Operating History; Recent Long-Term Lease Extension | Top 9% Most Trafficked in Strip/Convenience Category Nationwide (Placer.ai) | 95% National/Regional Credit Tenants | 86% of Tenants Have Operated at the Center for at Least 8 Years | Portland MSA; 235,000 Residents, $100,000 AHHI within 5 Miles

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wunderland & Shops | Gresham, OR

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

6.46 AC

LAND SF

281,398 SF

ZONING

DCL

APN/PARCEL ID

R337315

ASK ABOUT THIS PROPERTY

Kevin FrymanHanley Investment GroupMore Info
844-585-7674

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Kevin FrymanHanley Investment GroupMore Info
844-585-7674

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