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Guild's Lake Industrial Space
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2909 NW 31st Ave, Portland, OR 97210

Industrial space in Portland's core industrial zone, ready now.

Space Size20,000 SF
Property Size112,925 SF
Days on Market260

Property Features for 2909 NW 31st Ave

General Information

Standard status Active
Size 20,000 SF
Property subtype Industrial
Lease Term Gross

Building Details

Building Size 112,925 SF
Year Built 1958

Spaces For Lease

at 2909 NW 31st Ave Contact us

Sublease: 3909 NW 31st Ave. (Sublease)

Size
20,000 SF
Type
Warehouse/Distribution
Term
Negotiable
Contact us
Listing Agency: Capacity Commercial Group
Listed By: Don Ossey, SIOR · License #201233429
Source: Corfac
Added: Nov 25, 2025 Changed: Aug 8 Last Checked: Aug 12 at 4:03AM

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.

This industrial space, located in the heart of Portland’s Guild’s Lake industrial zone, offers approximately 20,000 square feet for sublease. The location provides convenient access to Downtown and major freeways including Hwy 30, I-405, and I-5. The space is available immediately with flexible sublease terms; the master lease expires in June 2035. It features a functional dead storage area suitable for overflow inventory, staging, or seasonal equipment. Racking is already in place. The property includes 120 square feet of office space.

Key Highlights

  • Prime Location: Heart of Portland's Guild's Lake industrial zone, close to downtown.
  • Immediate Occupancy: Available now, ready for use.
  • Favorable Sublease Rate: $0.85 SF Gross.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Dental Office Pharmacy HVAC Service Garden Center (Bike/Boat/Book/etc) Store Accounting Firm

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

1,025
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97210, OR

13,016
Population
7,910
Households
1.6
Avg Household Size
38
Median Age
76%
College-Educated
97%
High-School Grad
8.9 sq mi
ZIP Area
1,462
Density / Sq Mi
$87,942
Median Household Income
$66,429
Median Earnings
$1,577
Median Rent
$991,500
Median Home Value

Market

Lease Benchmarks for Portland, OR

$10.75 /SF/Yr
Avg Asking Price
$1.71–$15 /SF/Yr
Price Range
35,493 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
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Similar Off Market Nearby

  • ReadySpaces 2455 NW Nicolai St, Portland, OR 97210
  • U-Store Self Storage Portland West 2860 NW 29th Ave, Portland, OR 97210
  • Willamette Wine Storage 1930 NW 23rd Pl, Portland, OR 97210
  • Record Nations 3055 NW Yeon Ave, Portland, OR 97210
  • Spectrum Information Services NW Inc. 3077 NW St Helens Rd, Portland, OR 97210

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial space in Portland's core industrial zone, ready now.
Where is this warehouse located?
The property is located at 2909 NW 31st Ave Portland, OR.
What are key features of this property?
This property features: Prime Location: Heart of Portland's Guild's Lake industrial zone, close to downtown.; Immediate Occupancy: Available now, ready for use.; Favorable Sublease Rate: $0.85 SF Gross.
More about this property
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