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990 NW Eastman Pky
Gresham, OR 97030 Downtown Gresham

$2,400,000 USD

Fast Food Condo For Sale  •  2,700 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,700 SF
  • Lot Size 0.52 AC
  • Building Class B
  • Year Built 1987
  • Tenancy Single
  • Zoning DC1
70 Transit Score
70 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 17 Retail 2,700 SF $2,400,000 USD
  • Unit Size: 2,700 SF
  • Condo Use: Retail
  • Price: $2,400,000 USD
  • Sale Type: Investment
  • Price/SF: $888.89 USD
Description
Built-in 20% rent increase upon tenant exercising 10-year option, increasing yield an estimated 100 basis points.
• Established Burger King location with 37-year operating history. This location ranks in the top 10 in OR and 83rd percentile nationwide.
• Located within Gresham Town Fair, a 264K SF community shopping center which sees over 2.6M in annual visits and is anchored by Ross, Dick’s Sporting Goods, and PetSmart.
• High visibility on hard corner of Division and Eastman Parkway, visible to 25,914 VPD.
• High-density residential trade area with 235,000+ residents within a 5-mile radius.

Property Flyers

Amenities

  • Signage
  • Drive Thru

Public Transportation

Transit/SubwayDriveWalkDistance
Gresham City Hall (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 2 min 4 min 0.2 mi
Gresham Central Transit Center (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 1 min 9 min 0.5 mi
Civic Drive Max Station (MAX Blue Line - TriMet) 2 min 10 min 0.6 mi
Cleveland Avenue (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 3 min 17 min 0.9 mi
AirportDriveWalkDistance
Portland International 23 min - 13.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 13
Type: Surface
Included in Rent: Yes
Sean Tufts 206-693-3352 Northmarq
Sean Tufts 206-693-3352 Northmarq