Highlights
•Adjacent to Portland High School •7-year leaseback with projected 19% IRR •Prime downtown Portland location with strong walkability and transit access
Description
The Dunham Group is proud to offer Unit #2 at 21 Chestnut Street in Portland, a stabilized investment anchored by a well-established neighborhood retailer. Priced at a 10% cap rate based on first-year rental income, the property is secured by a newly signed seven-year lease. Peace Food Market has operated successfully at this location since 2009, reflecting strong community ties and consistent operating history. This opportunity delivers reliable, long-term income in a sought-after downtown Portland setting with convenient access to transit and walkable amenities.
Listing Details
- Cap Rate
10%
- Space Type
retail
- Sub Category
convenience-store
- Sale Type
Sale-Leaseback
- Date Listed
2/19/2026
- Investment Type
Stabilized
Property Specifics
- Property Name
21 Chestnut Street - Unit 2, Portland
- No of Buildings
1
- Year Built
2009
- Building Size
1,315 SF
- Zoning
B-2