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$6,400,000
7 Days On Site

8750 Citizens Dr
Wilsonville, OR 97070

For Sale|Retail|Active
0
Beds
0
Total Baths
12,030
SqFt
$532
/SqFt
1990
Built
County:
Marion
Listing courtesy of PATRICK MULHERN of SMI REAL ESTATE Cell: 971-707-0335,
8750 Citizens Dr8750 Citizens Dr8750 Citizens Dr8750 Citizens Dr
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Monthly Payment (Est.)

$29,199
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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. Key Highlights:Size: 12,030 SF total | 9 Suites (configurable)Zoning: Commercial Retail | No CC&Rs (expired)Occupancy: Historically 100% occupied since completionTenant Stability: Most tenants have been in place for 10+ yearsPayment History: Reliable tenant payments—described “like a mutual fund”Location: Prime Wilsonville location with high visibility and traffic countsRecent Capital Improvements:Building repainted in 2024Parking lot seal-coated in 2024Three new HVAC units; others refurbished or lightly usedHeavy-duty rubber roof installed in 2008Additional Notes:Tenants handle their own build-outs and improvementsBuilding was owner-developed from the ground up in 1990Original tenants included Stan Wiley Real Estate and La Isla Bonita RestaurantSelf-managed until recently, showing hands-on care and pride of ownershipThis 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.

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Listing Snapshot
Price 
$6,400,000
Days On Site 
7 Days
Bedrooms 
N/A
Inside Area (SqFt) 
12,030 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1.04 Acres
Year Built 
1990
MLS® Number 
832028
Status 
Active
Property Tax 
$51,248
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing updated with changes from the MLS®
4 days agoStatus changed to Active
4 days agoPrice changed to $6,400,000
a week agoListing first seen on site
General Features
Acres 
1.04
Parking Spaces 
50
Property Sub Type 
Retail
Sewer 
Public Sewer
Water Source 
Public
Zoning 
tc
Interior Features
Heating 
Natural Gas
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Exterior Features
Construction Details 
Cedar
Frontage 
60
Roof 
Built-Up
Listing courtesy of PATRICK MULHERN of SMI REAL ESTATE Cell: 971-707-0335



Based on information from Willamette Valley Multiple Listing Service, which neither guarantees nor is in any way responsible for its accuracy. All data is provided ‘AS IS’ and with all faults. Data maintained by Willamette Valley Multiple Listing Service may not reflect all real estate activity in the market. Copyright 2025, Willamette Valley MLS.
Last checked: 2025-08-01 11:42 PM UTC

Neighborhood & Commute
Source: Walkscore
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