Main Street Retail Center — Sale in Tigard, OR

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Tigard, OR 97223

Photos

Main Street Retail Center — Sale in Tigard, OR, photo 1 of 2
Main Street Retail Center — Sale in Tigard, OR, photo 2 of 2

Investment Figures

Cap rate
6.35%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Main Street Retail Center in Tigard is a 5,000 SF neighborhood retail property situated on 0.45 acres across two parcels in the heart of the city’s revitalized downtown district. Originally built in 1970 and renovated in 2025, the property features a newly applied acrylic roof coating and a diverse tenant mix consisting of a food cart, Mexican restaurant, wine bar, and health food restaurant, providing a variety of dining options that appeal to a broad customer base. Strategically located just off Main Street and near Pacific Highway (99W), one of Tigard’s primary commercial corridors with traffic counts exceeding 38,000 vehicles per day, the center benefits from exceptional visibility, accessibility, and consumer exposure. The property also offers ample on-site parking, multiple points of ingress and egress, and prominent signage, enhancing convenience for both tenants and customers. Surrounded by major national retailers and everyday amenities including McDonald’s, United States Postal Service, Costco, Walmart, and Dollar Tree, the property is well positioned within a thriving commercial corridor that continues to attract residents, visitors, and local businesses alike. Investment Highlights: • Diverse food and beverage tenants, including a food cart, Mexican restaurant, wine bar, and health food restaurant, drive steady daily traffic. • Renovated in 2025, the property features a new acrylic roof coating, reducing near-term capital needs and supporting long-term ownership stability. • Located in downtown Tigard, the property benefits from ongoing investment, area growth, and an increasing mix of businesses, residents, and visitors. • Multiple points of ingress and egress, ample on-site parking, and prominent signage provide a convenient customer experience and strong tenant visibility. The property's efficient layout and easy access support consistent consumer traffic and tenant operations.

Market Context

This retail in Tigard, OR is listed for sale. It is offered at an approximate 6.3% capitalization rate, a key benchmark for income-producing retail assets. Compare it against other retail listings for sale in Tigard, 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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