Raleigh Hills Plaza
Dominant Pacific Northwest Grocery/Drug-Anchored Neighborhood Center
Marketing description
Newmark Pacific Retail Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in Raleigh Hills Plaza (the “Property”), a 39,520 square foot dominant grocery/drug-anchored neighborhood center in Portland, Oregon.
Situated on a 1.34 acre site and 100% occupied, Raleigh Hills Plaza is anchored by a high performing New Seasons Market and is complimented by high-quality national tenants Walgreens and Chevron. The Property is ideally positioned along the highly trafficked SW Beaverton Hillside Highway, providing visibility and access to over 36,000 vehicles per day.
Raleigh Hills Plaza represents the rare opportunity to acquire the inaugural flagship location of one of the Pacific Northwest’s highest performing grocers.
Investment highlights
Dominant Pacific Northwest Grocery/Drug-Anchored Neighborhood Center
True Necessity-Based Tenant Mix with Strong Historical Occupancy
Ideal 1031 Exchange Opportunity
Strong Trade Area Demographics
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