8750 SW Citizens Dr, Wilsonville, OR 97070

 Details

Price$6,400,000
Size12,030 SF
Acres1.04
ZoneTC

Offered for the first time since its inception, this exceptionally well-maintained 12,030 SF retail building presents a rare opportunity to own a legacy asset in the heart of Wilsonville’s most desirable retail corridor. The property features 9 leasable suites, some of which have been combined to accommodate long-standing tenants. Located near high-traffic anchors like Starbucks and Chipotle, this site enjoys outstanding visibility and access.

This is a generational asset with a track record of steady performance, loyal tenants, and built-in upside for a new owner or investor. Ideal for a value-add investor, owner-user, or 1031 exchange.

Please contact Listing Broker directly to obtain a Confidentiality Agreement for completion prior to the release of any additional financial data on the property.

Key Highlights:

  • Size: 12,030 SF total | 9 Suites (configurable)—#8750 end-cap retail space consisting of 2,430 SF currently vacant and available for lease at $3.00/SF/NNN
  • Zoning: Commercial Retail—No CC&Rs (expired)
  • Occupancy: Historically 100% occupied since completion
  • Tenant Stability: Most tenants have been in place for 10+ years
  • Payment History: Reliable tenant payments—described “like a mutual fund”
  • Location: Prime Wilsonville location with high visibility and traffic counts

Recent Capital Improvements:

  • Building repainted in 2024
  • Parking lot seal-coated in 2024
  • LED upgrades ($10k) to signs and space H
  • New Backflow device 2025
  • Three new HVAC units; others refurbished or lightly used
  • Heavy-duty membrane roof installed in 2008

Additional Notes:

  • Tenants handle their own build-outs and improvements
  • Building was owner-developed from the ground up in 1990
  • Original tenants included Stan Wiley Real Estate and La Isla Bonita Restaurant
  • Self-managed until recently, showing hands-on care and pride of ownership

PATRICK MULHERN
BROKER
LICENSED IN THE STATE OF OREGON

971.707.0335 CELL
patrick@smire.com