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.