11710 SW Pacific Hwy 5,864 SF Retail Building Portland, OR 97223 $5,361,837 CAD ($914.37 CAD/SF) 5.85% Cap Rate

* Long-Term Operator, Regional Brand – 100% leased to Car Toys, a leading and well-established specialty retailer in the automotive aftermarket industry. Founded in 1987, Car Toys has grown into one of the largest independent car audio, vehicle security, navigation, and accessory retailers in the Pacific Northwest. The Car Toys brand currently has 34 stores in 4 states (WA, OR, CO and TX), owned and operated by 4 companies all with common brand licenses
* Car Toys lease expires in January 2027, with one additional 5-year renewal option and a second 5-year renewal option in discussion. This near-term lease expiration provides investors excellent flexibility and future upside, including the opportunity to renegotiate with the existing tenant, re-tenant the space at current market rates, or a future owner-user opportunity

* Dominant Retail Hub Location – Car Toys is strategically positioned along the high-traffic Pacific Highway (±48,800 CPD) retail corridor in Tigard, a primary shopping destination in the southwest Portland metro area. The site sits within a busy retail strip surrounded by established shopping centers and major retailers that generate strong, consistent consumer traffic to the trade area

* Complimentary Surrounding Tenants – The property benefits from an excellent mix of synergistic national and regional tenants, including Fred Meyer, Costco, Petco, Starbucks, and other popular retailers and restaurants nearby. This creates significant cross-shopping opportunities and a daily customer flow
* Costco: Ranked in the 98th percentile for in-store visits nationwide and 95th percentile in Oregon (placer.ai)
* AutoZone: Ranked in the 97th percentile for in-store visits nationwide and 97th percentile in Oregon (placer.ai)
* Winco Foods: Ranked in the 86th percentile for in-store visits nationwide and 88th percentile in Oregon (placer.ai)