3103 NE 82nd Avenue — Sale in Portland, OR

  • Price: $790K
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Portland, OR 97213

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3103 NE 82nd Avenue — Sale in Portland, OR, photo 1 of 1

Description

Corner Location with Drive-through in an Opportunity Zone CBRE, Inc. is pleased to present the exclusive offering of Subway-82nd Avenue, a single-tenant restaurant strategically situated at the high-profile intersection of 82nd Avenue and Siskyou Street in Portland, Oregon. This exceptional opportunity, located within an Opportunity Zone, benefits from a drive-thru, outstanding visibility, and a daily traffic count of approximately 26,000 vehicles. Positioned directly across from the vibrant 15 acrea recreational hub known as Glenhaven Park andMcDaniel High School with a student body of 1,650 students. The Tenant, a franchised Subway has occupied the building since 2010. Operating under an NNN lease with 3% annual increases. The current lease is set to expire February 28, 2027. The Tenant has a 5 year option to be exercised in August of 2026 at FMV. 3103 NE 82nd offers a compelling investment, offering the recognition of a national brand, a prime corner lot location in a densely populated area exceeding 150,000 residents within a three-mile radius and the potential for future upside through amendment of lease terms and rent.

Market Context

This retail in Portland, OR is listed for sale at $790,000. Compare it against other retail listings for sale in Portland, OR — view the full market.

As of Q2 2026, the Portland retail market showed a 4.7% vacancy rate, and average asking rents near $23.78/SF/yr. Source: multiple brokerage reports, Q2 2026.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

Is the Portland retail market tightening or softening?
Vacancy is around 4.7% (Q2 2026).

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