844-585-7674
40-360 NW Burnside Rd, Gresham, OR for Sale
Freestanding - FOR SALE
1/4
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40-360 NW Burnside Rd
Gresham, OR 97030
Downtown Gresham


HIGHLIGHTS

  • Top-Performing Asset Ranked in the top 9% most trafficked in the strip/convenience category nationwide per Placer.ai
  • 96% national and regional credit tenants
  • 85% of current tenants have operated in the center for at least 8 years
  • Anchor Tenant: Wunderland State-of-the-art European-designed electric go-kart racing, laser tag, theater and over 100 arcade
  • Over 60 years of operating history, with 5 locations concentrated in the Portland market
  • Top 5% most trafficked attractions nationwide; #1 of 5 locations within the chain, per Placer.ai

OVERVIEW

Gresham Square is a 86,000 SF center that has maintained high occupancy with minimal turnover. The western portion of the plaza is strategically upgraded for medical, professional, and finance tenants, and is complemented by a mix of national food operators and retail and service-oriented tenants. It benefits from strong visibility and prominent frontage along a high-traffic corridor, recently upgraded common areas and modern facades.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Gresham Square Shopping Center

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

403

LAND DETAILS

LAND ACRES

8.72 AC

LAND SF

379,843 SF

ZONING

CC

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.