Stadium Retail

 Portland, OR

Asking Price


Stabilized Cap Rate



Square Feet

7,591 SF


Land Area

19,200 SF


Avg HHI (5 Miles)



Year Built


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  • Trophy location at the nexus of NW Portland, Goose Hollow and Uptown across the street from Providence Park, with opportunities for owner-users, investors, and developers.
  • The property is a 19,200 square foot lot with a large parking lot and 7,591 SF retail building.
  • The building is 25% occupied by Next Level Burger with 5,722 square feet of space available for lease. In-place NNN leases are generating over $7,500 in monthly rent.

  • The site is zoned Central Commercial (CX), with a base FAR with bonuses of 7:1, and unlimited allowable FAR transfers within the zoning height limits.
  • Highly sought-after retail space with market rents upwards of $50/SF NNN. The owner has recently received LOIs from national retailers and medical users.
  • Strong multifamily market with market rents in the area reaching upwards of $4/SF based on unit size.
  • Located in a high purchasing power trade area with an average household income of $138,222 within five miles.

Exclusively Listed By

Michael Kapnick

Vice President      503.210.4068
OR Lic. #960500191


4260 Galewood St. Suite A
Lake Oswego, OR 97035