Listing Agency: CBRE | Portland T***@cbre.com Show Phone

Listed By: Thomas Fellman Show Phone

Source: Cbre

Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Jul 30 at 4:08AM

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Investment Insights

Based on property information with market context.

This retail space offers excellent access and visibility to Highway 26. The property benefits from a large daytime population and long-time existing retail tenants. The parking ratio is 5 per 1,000 square feet. The property size is 1,480 square feet. Operating expenses are approximately $12.50 per square foot.

Key Highlights

• Excellent access & visibility to Highway 26
• Large daytime population
• Long‑time existing retail tenants

Property Analytics

Property Profile

Current Use

Mademoiselle Nails Nail Salon Dr. Greg Stanchfield Veterinary Clinic Dr. Emily J. ... Veterinary Clinic Oriental Pearl Spa Alternative Medicine Practice Dr. Melissa Grant Medical Clinic

Suggested Use

Top Pick Building Supply Auto Repair Shop Restaurant Big Box & Wholesale Store Auto Parts Store Pharmacy

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

$4.05 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

1,243

Businesses Nearby

Explore this area Business Placement

Demographics for 97006, OR

46,853

Population

19,383

Households

2.4

Avg Household Size

35

Median Age

50%

College-Educated

95%

High-School Grad

7.2 sq mi

ZIP Area

6,507

Density / Sq Mi

$100,373

Median Household Income

$57,364

Median Earnings

$1,844

Median Rent

$535,800

Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020

6.3% 2021

5.5% 2022

5.3% 2023

5.5% 2024

5.8% 2025

Questions? Ask Rey

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What type of property is this? Where is this retail space located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space with excellent highway access and visibility.

Where is this retail space located?

The property is located at 16155 Northwest Cornell Road Beaverton, OR.

What is the lease rate?

The lease rate is $27 SF/Yr.

What are key features of this property?

This property features: Excellent access & visibility to Highway 26; Large daytime population; Long‑time existing retail tenants