11850 N Center Ave 1,530 SF 100% Leased Retail Building Portland, OR 97217 For Sale

EXECUTIVE SUMMARY

Currently a dispensary, leased for $8,800/month NNN with one five-year option to renew
Current tenant’s lease expires November, 2026

ATTACHMENTS

SHU-11850-11860 N Center Ave 5.26.25

PROPERTY FACTS

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Storefront
Building Size
1,530 SF
Year Built
1974
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
0.42 AC
Zoning
Commercial
Parking
10 Spaces (6.54 Spaces per 1,000 SF Leased)
Frontage
182’ on N Center Ave

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 1,530 SF
  • Retail
  • -
  • Nov 2026

1,530 SF retail shop Former Rich’s Cigar Shop Currently a dispensary, leased for $8,800/month NNN with one five-year option to renew Current tenant’s lease expires November 2026

Space Size Space Use Position Available
1st Floor 1,530 SF Retail - Nov 2026

1st Floor

Size
1,530 SF
Space Use
Retail
Position
-
Available
Nov 2026
1 of 2

NEARBY MAJOR RETAILERS

Dotty's
Denny's
Cracker Barrel Old Country Store
Original Joe's
Starbucks

PROPERTY TAXES

Parcel Number R651706 Improvements Assessment $0
Land Assessment $0 Total Assessment $394,890

CONTACT

  • Steven Hunker
    Steven Hunker

  • Listing ID: 30685866

  • Date on Market: 1/18/2024

  • Last Updated:

  • Address: 11850 N Center Ave, Portland, OR 97217