Description
Burnside Eastman Crossing is a three-building, 35,237 SF retail investment at 407–473 NW Burnside Road in Gresham, Oregon. The property occupies approximately 3.04 acres and was built in 2004.
The center is 94.4% leased and anchored by Natural Grocers, with BedMart, Bright Now! Dental, T-Mobile and Columbia Bank among the tenants. Leases are triple net. A 1,975 SF endcap is available. New roofs were completed in December 2025 and LED parking lighting in January 2026. The parking ratio is 3.69 spaces per 1,000 SF.
Asking price is $12,670,000. The source quotes a pro forma NOI of $830,196 and a pro forma capitalization rate of 6.55%; these are projections rather than in-place results.
Offered by George Macoubray, Nick Stanton and Teresa Peterson of NAI Elliott.
Offering Summary
- Asking Price$12,670,000
- Property TypeRetail
- Size35,237 SF
- Available1,975 SF
- Properties3
- Built2004
- Total Acres~3.04 ac
Documents
Property Address
Property Details
- Property Type
Retail - Gross Leasable Area
35,237 SF - Available GLA
1,975 SF - Year Built
2004 - Parking Ratio
3.69 - Acres
3.04
Deal Team
