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    221 NE 122Nd Ave Portland, OR 97233

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    For Lease
    $20 SF/Yr ($11,166 /Mo)

    Retail space available in a densely populated shopping center.

    Property size:
    6,700 SF
    Lot size:
    15.11 Acres

    Property Features for 221 NE 122Nd Ave

    General Information

    Size
    6,700 SF
    Lot size
    15.11 Acres

    Source: Barnard Commercial Real Estate Agent Ashley Rhea

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space at Glisan Station

    Glisan Street Station is a shopping center located at the lighted intersection of 122nd and Glisan Street. The location is densely populated, with Hazelwood Community Apartments, a 230-unit complex, attached to the center. It is flanked by the Multnomah Library and DHS offices. Neighboring tenants include KFC, Pig N Pancake, Little Caesars, and Mattress World. The average daily traffic is 23,856 cars per day along this stretch of NE 122nd Avenue. The property offers retail space with a property size of 6,700 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    OpConnect Charging Station Electric Vehicle Charging Station Multnomah County Library ... Library Rose City Reads Used Book Store TNT Fireworks Fireworks Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    BitcoinNW Bitcoin ATM, Menlo Park Plaza, Faiza’s Boutique (shaxshax macmac), Fit Niki Nutrition, Coin Cloud Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.5385337
    Latitude
    45.5249311

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in a densely populated shopping center.
    Where is this shopping center located?
    The property is located at 221 NE 122Nd Ave Portland, OR.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - Located at a lighted intersection (122nd and Glisan); - High average daily traffic (23,856 cars per day); - Densely populated area
    (503) 616-2942
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    Portland, OR 97233
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    221 NE 122Nd Ave Portland, OR 97233
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