- For Sale $394,000
- Property Type Retail - Restaurant
- Property Size 578 SF
- Lot Size 0.03 Acre
- Property Tenancy Single Tenant
- Year Built 1958
- Date Updated Mar 2, 2026
Description
Strong Canyon Rd. location that serves the areas employers and residents
Across from Lexus of Portland
Easy access to HWY 217 and Hwy 26Net-Leased Retail Investment in Portland
Committed Tenant | Highly Visible Location
Building Size: ± 578 SF
Sale Price: $394,000 ($683/SF)
CAP Rate: 7.0%
NOI: $27,600
Tenant: Canyon Grill
Highlights
- Building was originally Portland's very first Dairy Queen location with lots of history
- Highly visible single tenant net lease investment
- Leased through January 2028 with one 7-year renewal and 3% annual increases
- Tenant is very committed and has been at the location since 2007
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Contacts
Riley Henderson
Capacity Commercial Group
Location
Located at 8825 SW Canyon Rd, Portland, OR 97225, this property is part of the West Slope neighborhood and Portland market.
Contact Listing Broker
Riley Henderson
Capacity Commercial Group
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