Gresham, Oregon, a city located in Multnomah County, offers a diverse range of Retail Properties For Sale, with 7 listings currently available. Investing in Retail Properties in Gresham can be a wise decision, as the city's strategic location and growing population of approximately 110,000 people create a strong demand for retail spaces. Retail Properties can represent various types of investments, including strip centers, freestanding buildings, and shopping centers, offering a range of opportunities for investors. Gresham's amenities, infrastructure, location, education, and geography make it an attractive place to invest in Retail Properties. The city is home to institutions like Mount Hood Community College and companies like Boeing and ON Semiconductor, which contribute to its economic growth. Additionally, Gresham's proximity to Portland and its transportation systems, including Interstate 84 and U.S. Route 26, make it an ideal location for businesses. The city's attractions, such as Main City Park and the Springwater Corridor, also enhance its appeal as a great place for business and travel.
Gresham's Retail Properties offer a unique opportunity for investors, with the city's diverse economy and growing population driving demand for retail spaces. In addition to Retail Properties, Gresham also offers other property types, such as Shopping Centers, which provide a range of retail options for consumers. Restaurants are another popular property type in Gresham, with the city's growing population and diverse community driving demand for dining options. Office Properties are also available in Gresham, offering a range of spaces for businesses. Furthermore, Hotels are another property type available in the city, catering to the needs of visitors and travelers. Overall, Gresham's Retail Properties and other property types offer a range of opportunities for investors, with the city's strong economy and growing population driving demand for these spaces.
What is the average cap rate for retail properties in Gresham?
When it comes to retail properties in Gresham, investors can expect an average cap rate of 7%, which is a key metric to consider when evaluating potential investments. To learn more about how cap rates work and what they mean for your investment strategy, check out our article on what is a cap rate, a valuable resource for anyone looking to navigate the world of commercial real estate.
How do location and foot traffic affect retail property values?
In Gresham, Oregon, the location and foot traffic of retail properties significantly impact their values. For instance, properties situated near major transportation hubs like the Gresham Central Transit Center and MAX Light Rail Blue Line stations, or along busy roads like Interstate 84 and U.S. Route 26, tend to have higher values due to increased exposure and accessibility, with an average price per square foot of $427 USD and average size of 7,045 square feet.
