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3343 SE Hawthorne Blvd 3,796 SF 100% Leased Retail Building Portland, OR 97214 $2,208,373 CAD ($581.76 CAD/SF) 6.16% Cap Rate
Investment Highlights
- Desirable Hawthorne Shopping District
- Renovated in 2025
- Long-Term NNN Leases
Executive Summary
Sale Flyer
Data Room Click Here to Access
Property Facts
Amenities
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Accommodation and Food Services
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99,999 SF
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$9.99
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Lorem Ipsum
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Jan 0000
Champagne Poetry began in Portland as a French-Asian patisserie and later expanded into an Asian fusion restaurant and cocktail lounge in Nob Hill. The company serves made-in-house pastries, breads, entremet cakes, coffee, and wine alongside Chinese and Japanese dishes, brunch, dinner, and cocktails. The business reflects Chef Dan Bian's culinary background in French and Asian pastry techniques and follows the earlier work of La Rose Patisserie. Champagne Poetry operates as a bakery and dining concept with a focus on desserts, beverage service, and fusion cuisine in the Portland market.
- Ice Cream Project
- Accommodation and Food Services
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99,999 SF
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$9.99
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Lorem Ipsum
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Jan 0000
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
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Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 | |
| Ice Cream Project | Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
About SE Close-In
The Powell Boulevard (Highway 26) corridor is one of the busiest non-freeway arterials in Southeast Portland. Residential development is interspersed on the north and south sides of Powell Boulevard, which bisects the neighborhood, traveling east and west. The arterial connects to Interstate 205 to the east and the Ross Island Bridge and South Waterfront Area further west. Larger big-box commercial development is predominantly clustered around signalized intersections, with smaller office and retail uses dotted along the major arterials.
Reed College—a private liberal arts institution founded in 1908—is located near the northwest intersection of Southeast Woodstock Boulevard and Southeast 28th Avenue. Cleveland High School serves the area’s secondary educational needs. There are numerous recreational opportunities nearby, highlighted by Mt. Tabor Park, with ample hiking trails and picturesque views of the downtown skyline to the west.
The area continues to be a popular destination for home buyers, who have taken advantage of the quiet residential streets and ease of access to local services. Modes of transportation such as biking and walking are popular.
Rental rates are attractive when compared to the central core, and the minimal new retail construction on the horizon won’t add competition to existing spaces in the near term. The area offers a viable alternative to tenants or businesses looking to relocate from Portland’s more expensive clusters, with an active and dedicated community base supporting local businesses. Traffic counts along Powell Boulevard generally range from 19,000 to upwards of 22,000 vehicles per day, some of the highest in the neighborhood.
Demographics
Demographics
Nearby Major Retailers
Property Taxes
| Parcel Number | R280984 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $471,663 CAD |
Property Taxes
Sale Advisors
Sale Advisors
Matthew Schweitzer, President
In 1995, Matt teamed up with Jeffrey Weitz, founder of North Rim, taking on responsibilities in property management, leasing, and sales. Since then, he has played a key role in the company's growth and success, and today, he leads North Rim as its President.
Jeffrey Weitz, Chief Executive Officer
A licensed general contractor since 1984 he spent the first 7 years building, remodeling and developing single family and multi-family properties in Southern California before moving to Portland, OR with his family in 1991.
In 1992 Jeffrey founded North Rim Development, Inc. in Portland, OR establishing it as a commercial construction and development company that specializes in office and retail remodeling and renovations as well as ground up developments of neighborhood office & retail properties. With a passion for sustainability and green building applications North Rim has been implementing conservation and environmental efficiencies in their projects with Jeffrey’s guidance since 1995.
In 1995 Mr. Weitz established North Rim Commercial Realty, Inc. to provide commercial brokerage services in the Portland Metro to his valued clients. The brokerage group affiliated with the Windermere Commercial franchise in 1997 and opened offices in Portland, OR., Vancouver, Wa. And Boise, Id. Jeffrey served as principal broker for the Group licensed in the 3 states for 10 years.
The company expanded its services further in 1997 and established North Rim Properties, LLC a professional commercial property management firm. In 2005, North Rim Development Group , LLC and North Rim Partners were established to spearhead the current Development focus of Neighborhood Commercial retail and Office developments.
Community Involvement and Hobbies:
Jeffrey has always been very involved in community and volunteer work since moving to Oregon in 1991 with his wife and 2 children and has diligently served in the following capacities:
Founding Member of the West Linn Arts Commission and served as President for 3 years from 1992 -1995
Vice president on the board of directors Congregation Neveh Shalom from 1996 - 2007
Board Member of the Portland Jewish Academy from 1997-Present
Council of Trustees for the Portland Waldorf School 1994-1997
Member of the Facilities Committee for Reach Community Development 2001- 2003
Director of building and grounds for Congregation Neveh shalom 1993 to present
Facilities Director for the Middleman Jewish Community Center and the Portland Jewish Academy 1995-present
Board of Directors of the Middlemen Jewish Community Center 2007-2009
Board of Directors for the Oregon Community Warehouse 2006-2009
In addition he has been an active member of the Mt Hood Ski Patrol since 1995. He is registered as the Senior Ski and Toboggan Advisor for the Mt Hood region as well as a Instructor Trainer for the National Ski patrol. In 2000 He earned his title as Mount Hood Ski Patrol Hill Captain. He also served on the MHSP council as Treasurer from 2002-2004. he is currently the acting Training Director on the patrol.
When he is not serving his community his passions are traveling with his family, coaching Youth Sports, Alpine Skiing, Hiking, Camping, Mountain Biking and fly fishing.
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3343 SE Hawthorne Blvd
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