Greenhouse Square

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16040 - 16220 SE 82nd Dr., Clackamas , OR 97015
Greenhouse Square
The Offering presents the opportunity to acquire Greenhouse Square, a 70,052 square foot shopping center in Clackamas, OR. The center is 85% occupied by a diverse mix of tenants and anchored by Dollar Tree, one of the leading discount retailers in the U.S. The property features three leased pads, two of which are ground leases to long-time, established tenants Taco Bell and Wendy’s. Situated at the full I-205 and OR 212 interchange, the center benefits from access and visibility to over 184,000 vehicles per day. At 85% occupancy, there is an opportunity to increase yield 70 basis points through the lease-up of the vacant space. The property is offered with two existing loans that must be assumed and bear interest at 4.0%. Please contact CPX for additional information.
Sean Mack
Partner (Commercial)
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Michael Kapnick
Senior Broker (Commercial)
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