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6828 SE Foster RdPortland, OR 97206
FOSTER SQUARE
Asset ClassRetail
Value-Add Multi-Tenant Shopping Center with Available Anchor Opportunity for Owner-User or Investor
overview of deal

Overview

Compelling Opportunity to Acquire at a Low Basis – $161/SF All-In

At $161 per square foot all-in, the property is priced attractively relative to comparable retail centers in the market. Based on recent sales comps, this represents strong underlying real estate value independent of income— making it a compelling acquisition on a cost basis alone.

 

Blended Income + Occupancy Strategy

An owner/user can occupy the available space while benefiting from in-place income generated by established tenants including Dutch Bros Coffee and DaVita Kidney Care.

 

Attractive Pricing Structure

Opportunity to acquire the Center well below replacement cost Ability to offer the anchor space for rent at a very attractive price SF Strong cash flow from existing tenants, providing well over a 7.00%+ annual return on in-place income. This structure allows an owner/user to significantly offset occupancy costs while building equity.

 

SBA-Eligible Acquisition

The property qualifies for SBA financing, offering lower down payment requirements and long-term fixed-rate debt—often resulting in occupancy costs comparable to or below leasing.

 

Recent Capital Improvements (2025–2026)

The property has seen meaningful recent reinvestment: 2025: New Parking Lot 2025: Installation of state-of-the-art security camera system 2025: DaVita invested approximately $500,000 in a full interior remodel 2026 (Planned): Yami scheduled to complete a remodel of its space These improvements reduce near-term capital expenditure risk and reflect strong tenant commitment

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Investment Highlights

Price: $5,529,000

Price PSF: $161.61

Building Area: 34,214 SF

Land Area: 99,752 SF

Year Built: 1970 - renov. 1993 / 2016

Zoning: CM2

Parking Stalls: Surface - 81

6828 SE Foster RdPortland, OR 97206

Sales Team

Justin PoorPrincipal Advisor

License #: OR 200705229 | WA 109251

(503)218-4380justin.poor@cinw.com
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