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Jackie's 930 SE Sandy Blvd

6,300 SF Retail Building Portland, OR 97214 $6,094,906 CAD ($967 CAD/SF) 6.14% Cap Rate

Investment Highlights

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

Executive Summary

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.

Attachments

Jackie's OM

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,300 SF
Building Class
C
Year Built/Renovated
1959/2016
Price
$6,094,906 CAD
Price Per SF
$967 CAD
Cap Rate
6.14%
NOI
$374,227 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
1.03
Land Acres
0.14 AC
Opportunity Zone
Yes
Zoning
EX - The Central Employment (EX) zone allows a full range of high density commercial, light industrial, institutional and residential uses.
Frontage
124 ft on Sandy Blvd

Amenities

  • Bus Line
  • Signage
Walk Score ®
Walker's Paradise (97)
Bike Score ®
Biker's Paradise (98)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Jazzercise
Heritage Bank
Chase
Corepower Yoga
Orangetheory Fitness
Keybank
U.S. Bank
Lil' Kickers
Capriotti's Sandwich Shop
CrossFit

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
R150428
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$936,737 CAD
  • Listing ID: 34145836

  • Date on Market: 2024-12-10

  • Last Updated:

  • Address: 930 SE Sandy Blvd, Portland, OR 97214

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