930 SE Sandy Blvd - Freestanding FOR SALE


Portland, OR 97214
$4,300,000 USD
541-337-7019
930 SE Sandy Blvd, Portland, OR for Sale
$4,300,000 USD
Freestanding - FOR SALE
1/6
null | 6.14% Cap Rate

930 SE Sandy Blvd
Portland, OR 97214


HIGHLIGHTS

  • ESTABLISHED TENANT WITH PROVEN SUCCESS: Tenant reports extremely strong sales at this location, demonstrating reliability and performance.
  • SECURE NNN LEASE WITH INCREASES: Long-term NNN lease with 3% annual rent escalations, providing consistent income and built-in rent growth.
  • THRIVING LOCATION IN A GROWING MARKET: Situated in Portland’s desirable inner east side, adjacent to the prestigious Soho House.
  • EXTENSIVELY RENOVATED ASSET: Fully updated in 2016, including electrical systems, HVAC, waterlines, and a sprinkler system.

OVERVIEW

Fulcrum Pacific is pleased to offer for sale the fee simple ownership of Jackie’s, a highly successful net-leased restaurant in Portland, Oregon. Occupying a 6,300-square-foot space, Jackie’s recently extended its lease for an additional five years, securing tenancy through 2031. The operator, a well-regarded restaurateur with a history of popular venues in Portland, continues to grow their local footprint and reports extremely strong sales at this location. The property was fully renovated in 2016, with significant updates including new electrical systems, HVAC units, waterlines, and a full sprinkler system, ensuring long-term efficiency and reducing future maintenance needs. Positioned in a prime area on Portland’s inner east side, the property is adjacent to the upscale Soho House, further enhancing its appeal in this sought-after district. Jackie’s operates on a NNN lease with 3% annual rent escalations, offering investors a steady income stream with built-in growth. This fully stabilized asset combines a premier location with a well-established tenant, making it an exceptional addition to any portfolio.

FOR SALE DETAILS

PRICE

$4,300,000 USD

PRICE/SF

$683 USD /SF

CAP RATE

6.14%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jackie's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Bar, Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

EX

APN/PARCEL ID

R150428

ASK ABOUT THIS PROPERTY

Olivia FranssenFulcrum PacificMore Info
541-337-7019

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Olivia FranssenFulcrum PacificMore Info
541-337-7019

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.