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Investment Highlights

  • Ranked in the top 9% most trafficked in the strip/convenience category nationwide, per Placer.ai
  • Structured rent growth throughout; most leases include rental increases, providing a hedge against inflation
  • Wunderland, a family owned, Oregon entertainment landmark, offers a clean, fun and safe environment
  • 86% of current tenants have operated in the center for at least 8 years, demonstrating exceptional long-term retention
  • Raising Cane’s, Key Bank and Red Lobster are not included in the offering, but drive additional traffic to the center
  • The Gresham location is their largest and most profitable

Executive Summary

Anchored by Wunderland, the Dominant Portland MSA Family Entertainment. Destination with a 60-Year Operating History; Recent Long-Term Lease Extension | Top 9% Most Trafficked in Strip/Convenience Category Nationwide (Placer.ai) | 95% National/Regional Credit Tenants | 86% of Tenants Have Operated at the Center for at Least 8 Years | Portland MSA; 235,000 Residents, $100,000 AHHI within 5 Miles

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
73,386 SF
Building Class
B
Year Built
1973
NOI
$1,680,292 CAD
Percent Leased
94%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.26
Lot Size
6.46 AC
Opportunity Zone
Yes
Zoning
DCL
Frontage
64’ on Burnside Rd

Amenities

  • Signage
  • Drive Thru

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Accommodation and Food Services
  • -
  • -
  • -

Dutch Bros is a publicly held drive-thru beverage company founded in 1992 in Grants Pass, Oregon by brothers Dane and Travis Boersma. The business began with a single espresso cart and gradually expanded its offerings to include coffee, teas, lemonades, smoothies, and proprietary energy drinks. Over time, the company developed its own roasting operations and broadened its footprint across multiple states through a mix of company-operated and franchise locations. Dutch Bros has incorporated community-focused initiatives into its operations, developing recurring giveback programs and supporting various causes through its foundation. The company has continued to streamline its organizational structure as it grows, transitioning significant corporate support operations to Tempe, Arizona. Dutch Bros trades on the New York Stock Exchange under the ticker symbol BROS, reflecting its position as a publicly listed enterprise. The company’s historical development includes notable milestones such as the introduction of a branded energy drink line and the establishment of programs that support both local communities and charitable causes.

Tenant Industry SF Occupied Rent/SF Lease End
Accommodation and Food Services - - -
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
60/100
Moderately bikeable
60/100

Nearby Major Retailers

Natural Grocers
KeyBank
Columbia Bank
Red Lobster
Applebee's
Black Bear Diner
LA Fitness
Orangetheory Fitness
Starbucks
Red Robin

Property Taxes

Property Taxes

Parcel Number
R337315
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$13,360,199 CAD
  • Listing ID: 40991513

  • Date on Market: 2026-06-19

  • Last Updated:

  • Address: 328 NW Burnside Rd, Gresham, OR 97030

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