Listed by North Rim Commercial Properties
$1,595,000
3341-3343 SE Hawthorne Boulevard
Details
Property Type Retail
Sub Type Storefront
Square Footage 3,796
Units 2
Cap Rate 6.16%
NOI $98,212
Occupancy 100%
Tenancy Multi
Lease Type NNN
Rent Bumps Yes
Price per SqFt $420
Year Built 1964
Year Renovated 2025
Acreage 0.110
Zoning C2 (Commercial Mixed Use 2)
Parking Spaces 5 spaces
Parking per 1,000 SqFt 1.32
Investment Type Net Lease
Ground Lease No
Retail | 6.16% CAP | 3,796 SqFt
Marketing description
Prime location on SE Hawthorne Blvd., one of Portland's most vibrant and high-traffic retail corridors.
Recently renovated in 2025, offering modern improvements and strong curb appeal.
Fully leased NNN investment with established tenant and long-term occupancy.
Owned by a reputable local operator.
Professionally managed.
Investment highlights
- Fully leased with long-term NNN leases
- Comprehensively renovated in 2025
- Highly visible corner lot location with signage and parking lot
- Popular Hawthorne District retail destination
- Traffic volume over 18,000 at SE Hawthorne & SE 33rd
- 15 minute drive to Portland International Airport
- 50,000 Households within 2 miles
- $614,000 Median home value within 2 miles
Listing Contacts
Listed by North Rim Commercial Properties
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$98,212.00
$8,184.33/mo
Valuation Metrics
0
DSCR
6.16%
Cap Rate
6.16%
ROI
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