Hillsboro, Oregon, offers a diverse range of Retail Properties For Sale, making it an attractive investment opportunity for those looking to capitalize on the city's strong economy. With a population of approximately 106,000 residents, Hillsboro is the 5th most populous city in Oregon, providing a substantial customer base for retail businesses. Retail Properties in Hillsboro can represent a variety of investments, from strip centers and shopping malls to freestanding buildings and restaurants. The city's unique blend of high-tech companies, healthcare providers, and agricultural industries creates a dynamic economy that supports a wide range of retail businesses. Hillsboro's amenities, including the Hillsboro Stadium, Pacific University's Health Professions Campus, and the Jackson Bottom Wetlands Preserve, make it an attractive location for businesses and residents alike. Additionally, the city's proximity to Portland, located just 17 miles east, provides easy access to a larger market.
With 8 Retail Properties For Sale in Hillsboro, investors have a wide range of options to choose from. The average price per square foot for Retail Properties in Hillsboro is $747 USD, with an average size of 39,715 square feet. The largest Retail Property available is 156,021 square feet. Hillsboro is also home to Shopping Centers, such as the Hawthorn Farm/Fair Complex, which offer a mix of retail and dining options. Restaurants, like those found in the Orenco neighborhood, provide a unique dining experience for residents and visitors. Office Properties, like those found in the North Hillsboro Industrial Area, support the city's thriving technology industry. Hotels, such as those near the Hillsboro Airport, cater to business travelers and tourists alike. With its diverse economy and range of Retail Properties, Hillsboro is an attractive location for investors and businesses.
What is the average cap rate for retail properties in Hillsboro?
When it comes to retail properties in Hillsboro, investors can expect an average cap rate of 6.21%, which is a key metric to consider when evaluating potential investments. To learn more about how cap rates work and what they mean for your investment strategy, be sure to check out our article on what is a cap rate, which provides a comprehensive overview of this important concept.
How do location and foot traffic affect retail property values?
When it comes to retail properties for sale in Hillsboro, location and foot traffic play a significant role in determining property values. Properties situated in high-traffic areas, such as downtown Hillsboro or near major transportation hubs like the Hatfield Government Center, tend to command higher prices due to their potential for increased customer exposure and revenue generation, with an average price per square foot of $747 USD and an average size of 39,715 square feet.
