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Gateway Shopping Center
Portland, OR Gateway

$44,875,000 USD

General Retail For Sale  •  299,038 SF

6 Properties View all

Property Details

• Property Type General Retail

73 Transit Score

64 Walk Score

Highlights

Dominant, Regional Draw Shopping Center – Gateway Shopping Center is a 96% occupied, ±293,259 SF grocery-anchored power center

Strong Tenant History and Retention – Property-wide, 92% of the in-place GLA has operated at this location for over 12 years

Outstanding NOI and CAGR Growth – the NOI is projected to increase by $1,844,153 (±57) over the anticipated 10-year hold period, producing a 4.6% CAGR

Public Transportation

Commuter Rail	Drive	Walk	Distance
Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak)	14 min	-	7.8 mi
Transit/Subway	Drive	Walk	Distance
Gateway/Ne 99Th Transit Center (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Green Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail), MAX Red Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	1 min	3 min	0.2 mi
Gateway North Max Station (MAX Red Line - TriMet)	2 min	4 min	0.2 mi
E 102Nd (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail))	2 min	13 min	0.6 mi
Airport	Drive	Walk	Distance
Portland International	13 min	-	6.6 mi