Urban-High Street
Boss Hawgs Bar 'N' Grill
617 NE 102nd Ave, Portland, OR 97220
Listing Price: $1,512,581
Investment Overview
Marcus & Millichap has been exclusively chosen to market Boss Hawgs Bar 'N' Grill. Boss Hawgs pub has been a local mainstay at this location for over 15 years, demonstrating exceptional tenant stability in the competitive restaurant industry. The current NNN lease has 4+ years remaining with two five-year options, providing extended income security. The tenant is responsible for property taxes, utilities, and insurance, creating a true passive investment opportunity with minimal landlord obligations.
Located on NE 102nd Ave with 21,236 vehicles passing daily, the property offers maximum exposure in a well-established commercial corridor. Positioned adjacent to Gateway Shopping Center with major retailers including Fred Meyer, WinCo, and Office Depot, it benefits from significant cross-traffic. The site's proximity to Interstate 205 (156,447 vehicles daily) ensures outstanding regional accessibility.
The property serves nearly 450,000 residents within a 5-mile radius with projected income growth from $80,931 (2024) to $116,806 (2029). The 0.47-acre parcel significantly exceeds the current 3,422 SF building footprint, providing considerable redevelopment potential. Recent comparable sales in Portland show values ranging from $266-$610/SF, indicating solid valuation metrics and future appreciation opportunity.
Investment Highlights
- Superior visibility with 21,236 vehicles daily on NE 102nd Ave. Adjacent to Gateway Shopping Center with major retailers. Just 1/4 mile from I-205 (156,447 VPD). Serves 450,000 residents within 5 mile
- Boss Hawgs pub, 15+ year tenant with NNN lease, 4+ years remaining plus two 5-year options. $92,235.36 annual rent with CPI increases. Tenant covers taxes, utilities, and insurance.
- 0.47-acre lot exceeds current 3,422 SF building. Income growth from $80,931 to $116,806 by 2029 within 5 miles. Comparable sales show strong values ($266-$610/SF), indicating redevelopment upside.
Exclusively Listed By
Listing Price: $1,512,581
Investment Highlights
- Superior visibility with 21,236 vehicles daily on NE 102nd Ave. Adjacent to Gateway Shopping Center with major retailers. Just 1/4 mile from I-205 (156,447 VPD). Serves 450,000 residents within 5 mile
- Boss Hawgs pub, 15+ year tenant with NNN lease, 4+ years remaining plus two 5-year options. $92,235.36 annual rent with CPI increases. Tenant covers taxes, utilities, and insurance.
- 0.47-acre lot exceeds current 3,422 SF building. Income growth from $80,931 to $116,806 by 2029 within 5 miles. Comparable sales show strong values ($266-$610/SF), indicating redevelopment upside.
Investment Overview
Marcus & Millichap has been exclusively chosen to market Boss Hawgs Bar 'N' Grill. Boss Hawgs pub has been a local mainstay at this location for over 15 years, demonstrating exceptional tenant stability in the competitive restaurant industry. The current NNN lease has 4+ years remaining with two five-year options, providing extended income security. The tenant is responsible for property taxes, utilities, and insurance, creating a true passive investment opportunity with minimal landlord obligations. Located on NE 102nd Ave with 21,236 vehicles passing daily, the property offers maximum exposure in a well-established commercial corridor. Positioned adjacent to Gateway Shopping Center with major retailers including Fred Meyer, WinCo, and Office Depot, it benefits from significant cross-traffic. The site's proximity to Interstate 205 (156,447 vehicles daily) ensures outstanding regional accessibility. The property serves nearly 450,000 residents within a 5-mile radius with projected income growth from $80,931 (2024) to $116,806 (2029). The 0.47-acre parcel significantly exceeds the current 3,422 SF building footprint, providing considerable redevelopment potential. Recent comparable sales in Portland show values ranging from $266-$610/SF, indicating solid valuation metrics and future appreciation opportunity.
Exclusively Listed By

