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7300 SW Beaverton Hillsdale Hwy
Portland, OR 97225
Raleigh Hills Plaza · Retail Property For Sale
·
39,540 SF Total
Investment Highlights
- Dominant Pacific Northwest Grocery/Drug Anchored Neighborhood Center
- Ideal 1031 Exchange Opportunity
- True Necessity Based Tenant Mix with Strong Historical Occupancy
- Strong Trade Area Demographics
Executive Summary
Newmark Pacific Retail Capital Markets is pleased to present the opportunity to acquire Raleigh Hills Plaza, a 39,520 SF, 100% occupied grocery/drug anchored neighborhood center in Portland, Oregon.
Anchored by the #1-ranked New Seasons Market out of 21 PNW locations — the chain's original flagship store, open since 2000 — the center delivers exceptional sales productivity well in excess of $1,000 PSF with an ultra-low occupancy cost ratio. Co-tenants Walgreens (drive-thru) and Chevron complete a necessity-based lineup with 25+ years of uninterrupted occupancy.
Key Highlights:
39,520 SF | 100% Occupied | Three-Tenant Structure
6.5-Year WALT | ~9 Years Firm Term Remaining on New Seasons
Fixed-Rate Options Extending Effective Duration to ~24 Years
Average HHI $150,000+ | 3-Mile Radius
24,000+ VPD | Beaverton Hillsdale Highway
Parcelization Optionality for Value Arbitrage
Ideal 1031 Exchange Candidate
Raleigh Hills Plaza represents a rare opportunity to acquire the inaugural flagship of one of the Pacific Northwest's premier grocers in a supply-constrained, high-income submarket.
Anchored by the #1-ranked New Seasons Market out of 21 PNW locations — the chain's original flagship store, open since 2000 — the center delivers exceptional sales productivity well in excess of $1,000 PSF with an ultra-low occupancy cost ratio. Co-tenants Walgreens (drive-thru) and Chevron complete a necessity-based lineup with 25+ years of uninterrupted occupancy.
Key Highlights:
39,520 SF | 100% Occupied | Three-Tenant Structure
6.5-Year WALT | ~9 Years Firm Term Remaining on New Seasons
Fixed-Rate Options Extending Effective Duration to ~24 Years
Average HHI $150,000+ | 3-Mile Radius
24,000+ VPD | Beaverton Hillsdale Highway
Parcelization Optionality for Value Arbitrage
Ideal 1031 Exchange Candidate
Raleigh Hills Plaza represents a rare opportunity to acquire the inaugural flagship of one of the Pacific Northwest's premier grocers in a supply-constrained, high-income submarket.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 39,540 SF |
| Number of Properties | 3 | Total Land Area | 5.36 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 39,540 SF |
| Total Land Area | 5.36 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
New Seasons Market
7300 SW Beaverton Hillsdale Hwy, Portland, OR 97225 |
Retail | 22,822 SF | 1960 | - |
|
Walgreens
7280 SW Beaverton Hillsdale Hwy, Portland, OR 97225 |
Retail | 15,120 SF | 1988 | - |
| 7200 SW Beaverton Hillsdale Hwy, Portland, OR 97225 | Retail | 1,598 SF | 1960 | - |
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