Sunnyside Crossing Retail
100% Occupied Two-Tenant Retail Center
Marketing description
The Verger Team is pleased to present the opportunity to acquire a 100% occupied NNN two-tenant retail investment located in the affluent and rapidly growing community of Happy Valley, Oregon.
Since construction in 2016, the property has experienced zero tenant turnover. Both MOD Pizza and Embold Credit Union recently demonstrated their long-term commitment to the location through 10-year and 5-year lease extensions, respectively, each with renewal options and 2-3% annual rent increases, providing investors with durable income growth.
The property benefits from a highly visible hard-corner location along a prominent retail corridor with daily traffic counts exceeding 29,000+ VPD. The site sits adjacent to a Safeway-anchored shopping center and in close proximity to Clackamas Town Center, one of the Portland metropolitan area’s dominant regional retail destinations.
Located in one of the Portland metro’s most desirable suburban communities, the offering provides investors the opportunity to acquire a stable retail asset supported by strong demographics, continued residential growth, and long-term tenancy.
Investment highlights
100% Tenant Retention: Since construction in 2016, the center has had zero tenant turnover.
Minimal Landlord Responsibility: Tenants operate on NNN lease structures, providing minimal Landlord responsibility and shielding Landlords from rising expenses.
Long-Term Staggered Leases: In 2026, MOD Pizza and Embold extended their lease terms by 10 years and 5 years, respectively, each with additional renewal options.
Prominent Retail Corridor: Located along a prominent retail corridor, the property offers a highly-visible corner position with approximately 29,231+ VPD, adjacent to a Safeway-anchored shopping center and just minutes from Clackamas Town Center, a major regional retail destination.
Annual Rent Escalations: MOD Pizza and Embold have 2% and 3% Annual Rent Escalations, respectively, providing a hedge against inflation.
Affluent Trade Area: Located in Happy Valley, an affluent Portland suburb with strong household incomes and continued population growth supporting long-term retail demand.
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