Black Rock Coffee Bar & Lamar Digital Billboard

21150 Southwest Tualatin Valley Highway, Beaverton, OR 97007

Property Information

  • For Sale $2,050,000
  • Property Type Retail - Freestanding
  • Property Size 642 SF
  • Year Built 2018
  • Date Updated Apr 22, 2026

Description

In Beaverton, OregonSituated 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.

Highlights

  • Dual, Complementary Income Streams - The property combines a nationally recognized drive-thru coffee operator with a long-term billboard ground lease, producing two independent cash flows that diversify risk and appeal to both retail-net-lease and outdoor-advertising investors.
  • Minimal Landlord Responsibilities - Both leases are structured on an absolute-net basis, shifting taxes, insurance, and maintenance to the tenants and leaving ownership with truly passive, management-free cash flow—ideal for 1031 exchange buyers or portfolio investors seeking hands-off returns.

Contacts

Ryan Imbrie

SVN | Imbrie Realty

Location

Located at 21150 Southwest Tualatin Valley Highway, Beaverton, OR 97007, this property is part of the Lexington neighborhood and Portland market.

Contact Listing Broker
Ryan Imbrie

SVN | Imbrie Realty

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