- For Sale $1,895,000
- Property Type Retail - Street Retail
- Property Size 5,800 SF
- Lot Size 0.25 Acre
- Date Updated Sep 3, 2026
Description
Prominent frontage along NE 42nd Avenue offering excellent visibility, strong traffic exposure, and a highly walkable surrounding district.Sale-leaseback investment opportunity in a prime Portland location. A long-term NNN lease will be executed between Buyer and Seller prior to close, with lease terms negotiable and structured to target a 7.0% cap rate. Building information and financials are available upon execution of an NDA.
The property is a two-tenant investment featuring the Seller’s leaseback along with an established neighboring tenant.
Oakshire Brewing is a well-established, successfully operating brewery in its 21st year of business. The sale of the real estate allows the company to unlock equity and redeploy capital to support continued growth.
Contact broker for details on leaseback options.
Highlights
- 7% cap rate
- High visibility location (3,600+ daily traffic count)
- Seller credit available for roof repair
- Walk-friendly location
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Contacts
Clayton Madey
Macadam Forbes
Location
Located at 5013-5027 Northeast 42nd Avenue, Portland, OR 97218, this property is part of the Concordia neighborhood and Portland market.
Contact Listing Broker
Clayton Madey
Macadam Forbes