$25 PSF + NNN TIGARD RETAIL
11606 SW PACIFIC HWY, TIGARD, O R
SWPACIFICHIGHWAY99W
Subject
Property
Mike’s Drive-In
Tigard Bowl
TIGARD RETAIL SUBMARKET
The Tigard retail submarket has a vacancy rate of 2.8% as of the fourth quarter of 2024. This time last year, the submarket had the same rate of vacancy. The year over year change in the Tigard vacancy rate was a result of 44,000 SF of net delivered space and 46,000 SF of net absorption over the past year.
Tigard's vacancy rate of 2.8% compares to the submarket's five-year average of 3.5% and the 10-year average of 3.3%.
The Tigard retail submarket has roughly 230,000 SF of space listed as available, for an availability rate of 3.3%.
As of the fourth quarter of 2024, there is 58,000 SF of retail space under construction in Tigard. In comparison, the submarket has averaged 51,000 SF of under construction inventory over the past 10 years. The Tigard retail submarket contains roughly 6.9 million SF of inventory.
AREA DEMOGRAPHICS
AD VI S O R T E A M
BRAD MACOMBE R
S e nior Dire c tor, Le a si n g (503)218 - 43 8 0
b r ad.mac o mb e r@ci n w.co m
OR 200 9 0 8 061 | W A 9574 8
JUSTI N POO R
Pri n ci p al A d viso r (503)218 - 43 8 0
j u stin.p o or @ ci n w.co m OR 20070522 9 | W A 1 0 925 1
BEN MU R P H Y
Dir e ct o r , M u ltif a mil y (503)218 - 43 8 7
b e n.mu r p h y@cinw.c o m OR 20120 8 97 8
R IC K BROD Y
Ass o ci a t e (503)218 - 43 8 3
ric k .b r ody@cinw.co m OR 20125523 2
GAB R IEL MABROU K
Ass o ci a t e (503)218 - 43 8 6
gab e .mabr o u k @cinw.c o m OR 20125526 6
