9009 SW Hall Blvd
Tigard, OR 97223
Macy's · Retail Property For Sale

Marcus & Millichap is proud to present Macy’s Furniture Gallery at Washington Square, a two-story retail structure with over 50,000 square feet of rentable space. This net leased department store is attached to Washington Circle Plaza shopping strip, which in turn is attached to Target to the west. The Macy’s Furniture Gallery is corporate guaranteed by Macy’s Department Stores, Inc. The tenant has occupied this space since 2007 and has another 8 years left on their lease, ending on January 31, 2028. The triple net structure leaves minimal landlord responsibility. The subject property is located between downtown Tigard and Beaverton just 20 minutes from Downtown Portland. This Macy’s Furniture Gallery is directly across the street from Washington Square Mall, a premier shopping stop for people throughout the metro Portland area. Washington Square Mall, at 1,446,000 square feet, has more than double the national average of sales per square foot with $1,261 compared to $457 for the US. The area is a core retail destination with a high concentration of retail plazas and strips within a one-mile radius of the subject property. The plazas are surrounded by corporate office parks, making the neighborhood a hub of day-time activity. The immediate area boasts an average household income in excess of $100,000. Macy’s Furniture sits in the heart of the suburbs of Portland and is easily accessible from Interstate 5 that runs up and down the entire West Coast.