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5415 SW Beaverton Hillsdale Hwy 37,000 SF of Retail Space Available in Portland, OR 97221
Highlights
- Former grocery space in a thriving residential and retail trade area.
- Zoned Commercial Employment, allowing for retail, office, and mixed-use.
- Within minutes of major arterials and central Portland neighborhoods.
- Excellent ingress and egress from SW Beaverton Hillsdale Highway.
- Strong co-tenancy with proven daily customer draw.
- High-income residential demographics within the immediate trade area.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 37,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
Total available: 37,000 SF retail space. Divisible into approximately 16,700 SF, 10,500 SF, and 9,800 SF bays. Located on SW Beaverton Hillsdale Highway and SW Shattuck Road. 109 surface parking stalls available for customers and staff. Pylon sign fronting SW Beaverton Hillsdale Hwy for tenant visibility. Current co-tenancy includes Rite Aid.
- Flexibility for partial or full building occupancy
- Highly visible pylon
- Ample dedicated parking
- Located in a well-established retail corridor
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 37,000 SF | Gross Leasable Area | 38,000 SF |
| Property Type | Retail | Year Built | 1978 |
| Property Subtype | Freestanding | Parking Ratio | 3.29/1,000 SF |
| Total Space Available | 37,000 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 38,000 SF |
| Year Built | 1978 |
| Parking Ratio | 3.29/1,000 SF |
About the Property
Positioned on SW Beaverton Hillsdale Highway at the intersection of SW Shattuck Road, this former Albertsons provides a high-exposure retail setting in a well-trafficked corridor. The building offers 37,000 square feet of rentable space that can be divided into multiple configurations, providing flexible options for retailers of various sizes. The property enjoys strong visibility along SW Beaverton Hillsdale Highway with an on-site pylon sign available for tenant branding. The site is supported by 109 surface parking stalls, offering ample customer and employee convenience. Nearby national retailers, including Rite Aid as a co-tenant, enhance the area’s draw and create a built-in customer base. Zoned for Commercial Employment (CE), the property supports a diverse range of commercial uses, including retail, office, and mixed-use development opportunities. This location also benefits from significant traffic counts, averaging 22,000 vehicles per day along SW Beaverton Hillsdale Highway and over 7,200 vehicles daily on SW Shattuck Road, ensuring continuous exposure
- Bus Line
- Signage
Nearby Major Retailers
Presented by
N & N Real Estate Services
5415 SW Beaverton Hillsdale Hwy
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