Subway — Sale in Portland, OR

  • Price: $773K
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Portland, OR 97213

Photos

Subway — Sale in Portland, OR, photo 1 of 3
Subway — Sale in Portland, OR, photo 2 of 3
Subway — Sale in Portland, OR, photo 3 of 3

Description

NNN LEASE; BELOW MARKET RENT; 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 and a quarter-mile from McDaniel High School with a student body of 1,650 students, the property is ideally located for success. The offering features a franchised Subway operating under a NNN lease with 1.5 years remaining, offering a 5-year renewal option at market rates and 3% annual rent increases, the next effective in February 2026. Subway-82nd Avenue represents 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 $773,300. 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).

Contact

Explore this market

Similar Retail Business for Sale in Portland, OR