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1163 NE 63rd Ave, Portland, OR 97213

Industrial building available for rent.

Space Size18,800 SF
Days on Market628

Property Features for 1163 NE 63rd Ave

General Information

Standard status Active
Size 18,800 SF
Class B
Property subtype Industrial
Lease Type NNN

Building Details

Building Size 18,800 SF
Year Built 1957
Tenancy Single

Spaces For Lease

at 1163 NE 63rd Ave Contact us

1163 NE 63rd Ave

Size
18,800 SF
Type
Industrial
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Capacity Commercial Group
Listed By: Ryan Bowers · License #OR
Source: Crexi
Added: Dec 2, 2024 Changed: Aug 8 Last Checked: May 12 at 8:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Capacity Commercial Group

Investment Insights

Based on property information with market context.

An industrial building is available for rent. The building has approximately 18,800 square feet. The rental rate is $0.85 per square foot for the shell space and $0.90 per square foot for the office space, plus NNN fees.

Key Highlights

  • Industrial building available with ± 18,800 SF
  • Priced at $3,100,000
  • Shell priced at $0.85/SF

Property Analytics

Current Use

BDI-Bearing Distributors Inc. Distribution Center

Suggested Use

Top Pick Electrical Service HVAC Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Tech Support Center Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,028
Businesses Nearby

Demographics for 97213, OR

31,260
Population
14,971
Households
2.1
Avg Household Size
40
Median Age
61%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
7,815
Density / Sq Mi
$95,801
Median Household Income
$56,941
Median Earnings
$1,490
Median Rent
$609,100
Median Home Value

Market

Lease Benchmarks for Portland, OR

$13.73 /SF/Yr
Avg Asking Price
$2.07–$20.02 /SF/Yr
Price Range
33,442 SF
Avg Space Size

This space is priced 26% below the average of $13.73 /SF/Yr.

Vacancy Rate% for Industrial in Portland, OR

3.4% 2019
4.1% 2020
2.5% 2021
2.1% 2022
4.2% 2023
5.5% 2024
6.6% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial property - Industrial building available for rent.
Where is this industrial property located?
The property is located at 1163 NE 63rd Ave Portland, OR.
What is the lease rate?
The lease rate is $10.20 SF/Yr.
What are key features of this property?
This property features: Industrial building available with ± 18,800 SF; Priced at $3,100,000; Shell priced at $0.85/SF
(503) 816-3925 Call to check price and availability
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