Subway 3103 Northeast 82nd Avenue
Portland, OR 97213
For Sale
1,849 sqft
Sale Price
$773,300
Brochure
Property Website
Map
Retail For Sale - Available Immediately
NNN LEASE; BELOW MARKET RENT; CORNER LOCATION WITH DRIVE THROUGH IN AN OPPORTUNITY ZONE
NNN Lease, Landlord Expenses Reimbursed
3% Annual Increases
Below Market Rents for STNL NNN with Name Brand Granfathered Drive Through
Positioned within an Opportunity Zone
Very Dense Residential Neighborhood with more than 150K Residents in a 3 Mile Radius
Located ¼ Mile North of McDaniel High School with an Annual Enrollment of 1,650 Students
Corner Location at a Lighted Intersection on Main Throroughfare 82nd Avenue. Traffic Counts Reaching Nearly 26,000 Vehicles Per Day
Directly Across the Street from Glenhaven Park with More than 15 Acres of Sports Fields, Play Equipment, Picnic Areas and Skate Park
Excellent Visibility and Signage from 82nd Avenue with Three Ingress/ Egress Access Points
Get in touch
Megan Wallachy
Lic: OR Lic. #200603442
MW
Joey Blatner
Lic: OR Lic. #980500024
JB
CBRE, Inc. is pleased to present the exclusive offering of Subway-82nd Avenue, a single-tenant restaurant strategically situated at the high-profile intersection of 82nd Avenue and Siskyou Street in Portland, Oregon. This exceptional opportunity, located within an Opportunity Zone, benefits from a drive-thru, outstanding visibility, and a daily traffic count of approximately 26,000 vehicles. Positioned directly across from the vibrant 15 acrea recreational hub known as Glenhaven Park and a quarter-mile from McDaniel High School with a student body of 1,650 students, the property is ideally located for success. The offering features a franchised Subway operating under a NNN lease with 1.5 years remaining, offering a 5-year renewal option at market rates and 3% annual rent increases, the next effective in February 2026. Subway-82nd Avenue represents a compelling investment, offering the recognition of a national brand, a prime corner lot location in a densely populated area exceeding 150,000 residents within a three-mile radius and the potential for future upside through amendment of lease terms and rent.
This prime corner property enjoys exceptional visibility at the illuminated intersection of 82nd Avenue and NE Siskiyou Street in Northeast Portland. Situated within an Opportunity Zone, the location is strategically advantageous, positioned just a quarter-mile north of McDaniel High School, serving 1,650 students and 100 staff, and directly across from the vibrant Glenhaven Park, a 15-acre recreational hub that includes baseball fields, softball fields, soccer fields, tennis courts, playgrounds and an 11k sf skate park. Benefiting from high traffic counts of approximately 26,000 vehicles daily on 82nd Avenue, the property is further bolstered by its placement within a densely populated residential area of over 150,000 residents within a three-mile radius, offering substantial commercial potential.
Total Space Available
1,849 sqft
Sale Price
$773,300
Get in touch
Megan Wallachy
Lic: OR Lic. #200603442
MW
Joey Blatner
Lic: OR Lic. #980500024
JB