Listing Agency: HSM Pacific Retail Solutions m***@hsmpacific.com Show Phone

Listed By: Michael Heerman Show Phone

Source: Moodyscre

Added: Mar 19, 2024 Changed: Jul 6 Last Checked: Jul 21 at 6:23AM

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Investment Insights

Based on property information with market context.

This retail space is located on Powell Boulevard, a major east/west thoroughfare into downtown Portland, with a traffic volume exceeding 30,000 cars per day. The property includes 89 exclusive parking stalls, with 70 of these stalls situated in a secure parking garage located below the store. The surrounding area features dense neighborhood residential development and a strong daytime employment base. The property offers 31,954 square feet of retail space.

Key Highlights

• High‑traffic location on Powell Blvd (30,000+ cars/day)
• Exclusive parking with 89 stalls
• Secure parking garage with 70 stalls

Property Analytics

Property Profile

Current Use

Target Grocery Specialty Food Shop BMO - ATM Atm

Suggested Use

Top Pick Law Firm Nail Salon Parking Lot & Garage HVAC Service Electrical Service (Bike/Boat/Book/etc) Store

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

1,550

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Portland, OR

$25.51 /SF/Yr

Avg Asking Price

$10–$48 /SF/Yr

Price Range

116,503 SF

Avg Space Size

Vacancy Rate% for Retail in Portland, OR

4.6% 2019

5.6% 2020

5.2% 2021

4.2% 2022

4.4% 2023

4.7% 2024

5.4% 2025

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Frequently Asked Questions

What type of property is this?

Retail space - Retail space with parking on major east/west thoroughfare.

Where is this retail space located?

The property is located at 3031 SE Powell Blvd Portland, OR.

What are key features of this property?

This property features: High‑traffic location on Powell Blvd (30,000+ cars/day); Exclusive parking with 89 stalls; Secure parking garage with 70 stalls