3103 NE 82nd Avenue 3103 Northeast 82nd Avenue

Portland, OR 97213

For Sale

1,853 sqft

Sale Price

$790,000
Brochure
Map
Retail For Sale
Corner Location with Drive-through in an Opportunity Zone
Get in touch
Eleanor Aschoff
EA
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 andMcDaniel High School with a student body of 1,650 students. The Tenant, a franchised Subway
has occupied the building since 2010. Operating under an NNN lease with 3% annual increases. The current lease is set to expire February 28, 2027.
The Tenant has a 5 year option to be exercised in August of 2026 at FMV. 3103 NE 82nd offers 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.
Corner Location at a Lighted Intersection on Main Throroughfare 82nd
Avenue. Traffic Counts Reaching Nearly 26,000 Vehicles Per Day

Total Space Available

1,853 sqft

Sale Price

$790,000
Get in touch
Eleanor Aschoff
EA