

Jantzen Beach Retail Box
High Quality Single Tenant Retail Property
Marketing description
MARCUS & MILLICHAP’S THE GARSKE GROUP HAS BEEN EXCLUSIVELY CHOSEN TO MARKET THE NW RUGS BUILDING, a premier owner/user opportunity on Hayden Island, one of Portland’s most strategically positioned retail corridors. The property consists of a 37,577 SF building situated on 1.70 acres across two parcels, providing ample space for a wide range of commercial uses. Originally built in 2004, the asset benefits from modern construction and flexible CE zoning, which allows for a variety of retail, service, and commercial applications. Its generous site and layout deliver excellent visibility, onsite parking, and adaptability for new ownership or redevelopment. Positioned among a strong mix of national retailers including Target, Home Depot, Dick’s Sporting Goods, and Best Buy, the site draws steady consumer traffic and regional shopping activity. Located directly on the Columbia River, Hayden Island offers direct connectivity to both Portland and Vancouver via I-5, while remaining just minutes from Portland International Airport. This high profile location provides both local and regional reach, supported by its unique position at the Oregon-Washington border and strong retail synergy from surrounding tenants. The offering represents a rare chance to secure a large format retail building in a vibrant, high-demand trade area.
Investment highlights
High Barrier to Entry Market
Below Replacement Cost
Premier Retail Location Adjacent to Jantzen Beach Shopping Center
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