Listing Agency: Portland Show Phone

Listed By: Tyler Sheils · License #B.200505395 Show Phone

Source: Property.jll

Added: Nov 25, 2025 Changed: Sep 8 Last Checked: Sep 26 at 3:35AM

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Investment Insights

Based on property information with market context.

This warehouse space offers approximately 5,000 square feet and includes secured, paved, and fenced parking. The HVAC system features one suspended unit heater and three recently installed mini-splits. A security system is already in place. Skylights provide natural light. The property includes one grade-level door and dedicated restrooms. There is a signage opportunity with excellent visibility. The sublease expires on September 30, 2026, with a direct lease option available. The intended use of the property is for warehouse purposes.

Key Highlights

• ± 5,000 SF of secured, paved, and fenced parking
• Sublease rate $1.00/SF NNN
• Direct lease option available

Property Analytics

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Current Use

Gopuff Courier Service

Suggested Use

Top Pick Buffet Adult Day Care Tanning Salon Clothing & Fashion Store (Bike/Boat/Book/etc) Store Supermarket

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

11,626

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 97209, OR

22,755

Population

16,437

Households

1.4

Avg Household Size

38

Median Age

66%

College-Educated

96%

High-School Grad

1.0 sq mi

ZIP Area

22,755

Density / Sq Mi

$84,059

Median Household Income

$68,731

Median Earnings

$1,669

Median Rent

$573,700

Median Home Value

Market

Lease Benchmarks for Portland, OR

$11.14 /SF/Yr

Avg Asking Price

$1.71–$23 /SF/Yr

Price Range

42,010 SF

Avg Space Size

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

Questions? Ask Rey

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What type of property is this? Where is this warehouses 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?

Warehouse - 5,000 SF warehouse with secured parking available for sublease.

Where is this warehouse located?

The property is located at 414 NW 6th Ave Portland, OR.

What are key features of this property?

This property features: ± 5,000 SF of secured, paved, and fenced parking; Sublease rate $1.00/SF NNN; Direct lease option available