930 SE Sandy Blvd - Freestanding FOR SALE


Portland, OR 97214- Buckman
$3,400,000 USD
541-337-7019
930 SE Sandy Blvd, Portland, OR for Sale
$3,400,000 USD
Freestanding - FOR SALE
1/6
null | 7.76% Cap Rate

930 SE Sandy Blvd
Portland, OR 97214
Buckman


HIGHLIGHTS

  • Stable In-Place Cash Flow: Five years of remaining term on a NNN lease provides immediate, passive cash flow
  • Established Operator with Strong Reported Sales: Long-standing Portland hospitality operator with strong reported sales
  • Strategic Inner Portland Location Adjacent to Soho House: Property benefits from strong visibility and urban density
  • Rare Freestanding Urban Asset in Supply-Constrained Corridor: Rare opportunity to acquire a freestanding retail and entertainment property
  • Significant Capital Improvements Completed: Major renovation in 2016 including updated electrical systems, HVAC, sprinklers, & water lines

OVERVIEW

Fulcrum Pacific is pleased to present Jackie’s Sports Bar, a net-leased restaurant and nightlife investment in Portland, Oregon. The property consists of a 6,300-square-foot freestanding building occupied by Jackie’s, a long-standing and highly successful Portland operator with strong reported sales and an established presence in the market. The offering features approximately five years of remaining term on a NNN lease, providing stable in-place cash flow backed by an experienced operator with a personal guaranty. Renovated in 2016, the property underwent significant capital improvements including updated electrical systems, HVAC, sprinklers, and water lines, substantially reducing near-term maintenance exposure for future ownership. The tenant has continued to invest in the location and has established the property as one of the area’s most recognizable sports bar and entertainment destinations. Strategically positioned on Portland’s inner east side along the highly trafficked Sandy Boulevard corridor, the property sits directly adjacent to Soho House Portland, the globally recognized private members club that recently opened its first Pacific Northwest location. The surrounding area continues to attract significant hospitality, entertainment, and mixed-use investment, benefiting from close proximity to downtown Portland, the Central Eastside, and several of the city’s most densely populated neighborhoods. With strong in-place cash flow, a flexible lease structure, recent capital improvements, and a location within one of Portland’s most active urban corridors, Jackie’s Sports Bar presents an opportunity to acquire a stabilized net-leased asset backed by an established operator in a supply-constrained infill market.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$540 USD /SF

CAP RATE

7.76%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jackie's Sports Bar

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bar, Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

EX

APN/PARCEL ID

R150428

ASK ABOUT THIS PROPERTY

Olivia FranssenFulcrum PacificMore Info
541-337-7019

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

Olivia FranssenFulcrum PacificMore Info
541-337-7019

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