Newmark Pacific Retail Capital Markets, as exclusive advisor, is pleased to present the opportunity to acquire the 100% fee simple interest in Powell Valley Junction (the “Property”), a fully leased, grocery-anchored neighborhood center in Gresham, Oregon.
Comprising 108,639 square feet, Powell Valley Junction is anchored by Walmart Neighborhood Market and features a diverse mix of national tenants including Planet Fitness, O’Reilly Auto Parts, Sherwin Williams, and CosmoProf among others. The Property is ideally positioned at the highly trafficked intersection of Powell Boulevard and Mount Hood Highway, providing visibility and access to over 53,000 vehicles per day.
Powell Valley Junction represents the rare opportunity to acquire a stabilized, grocery-anchored neighborhood center in a premier Portland suburb.