7906 Barbur BlvdPortland, OR 97219

For Sale
$325,000

H&R Block-Anchored Storefront

Overview

Added:
Dec 11, 2024
Days on market:
97
This 800-square-foot Portland storefront, built in 1977, presents a compelling investment opportunity. Currently 100% occupied by H&R Block under a triple-net (NNN) lease expiring April 1, 2028, with a tenant option for a two-year renewal. The tenant, established since 2002, enjoys a strong location on SW Barbur Blvd in Multnomah County (zip code 97219), benefiting from high traffic volume (22,688 vehicles per day based on a 2020 estimate). The property sits on a 0.11-acre lot and includes 8 parking spaces. The base rent is $1,591.50 per month (NNN) starting May 1, 2025, increasing by 3% annually. The seller guarantees this base rent until May 1, 2025. The property is zoned Commercial Employment (CE) and classified as a Class C retail building. This owner-user investment is priced at $325,000. The surrounding area boasts a high concentration of professionals in healthcare, technology, and retail, making it an ideal location for a variety of businesses. The property's single-tenant occupancy minimizes management complexities, offering a stable and predictable income stream. This is a rare opportunity to acquire a well-located, income-producing retail property in a thriving Portland neighborhood.

Highlights

  • 800 sq ft Portland storefront, 100% occupied by H&R Block under a NNN lease expiring April 1, 2028, with a two-year tenant option.
  • Strong location on SW Barbur Blvd, Multnomah County (97219), high traffic (22,688 VPD).
  • 0.11-acre lot with 8 parking spaces.
  • $325,000 asking price.
  • $1,591.50/month NNN base rent (May 1, 2025), 3% annual increases; seller guarantees rent until May 1, 2025.

Property Details for 7906 Barbur Blvd

Property type
Other retail properties, Individual retail properties
Square Feet
800 SF
Class
C
Year Built
1977
Buildings
1
Lot Size (sq. ft)
4,792 SF

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.4674345
Longitude
-122.6941309
7906 Barbur Blvd, Portland, Oregon

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7906 Barbur Blvd
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