Building Details

Year Built 2007

Listing Agency: Macadam Forbes j***@macadamforbes.com Show Phone

Listed By: Joe Curran · License #OR #200812036

Source: Macadamforbes

Added: Nov 25, 2025 Changed: Jul 6 Last Checked: Jul 30 at 5:55AM

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Investment Insights

Based on property information with market context.

PDX Distribution Center offers spacious interiors and abundant loading doors. Planned property enhancements include spec office, upgraded signage, exterior paint, landscaping, and parking lot striping. The property is located off I-205 and Airport Way, with close proximity to Portland International Airport and major freeways, offering accessibility for businesses.

Key Highlights

• Strategic location near PDX Airport and major freeways (I‑205 & Airport Way) for unparalleled accessibility.
• Abundant loading doors for efficient operations.
• Planned property enhancements: spec office, upgraded signage, exterior paint, landscaping, and parking lot striping.

Property Analytics

Property Profile

Current Use

Vestas-American Wind Tech Corporate Office Danner Factory Store Clothing & Fashion Store PDX Distribution Center Business Park Laser Processing Technology Production Facility

Suggested Use

Top Pick Real Estate Agency Hair Salon (Bike/Boat/Book/etc) Store Spa & Massage Center Barber Shop Catering Service

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

987

Businesses Nearby

Explore this area Business Placement

Demographics for 97220, OR

29,357

Population

12,177

Households

2.4

Avg Household Size

39

Median Age

35%

College-Educated

88%

High-School Grad

7.5 sq mi

ZIP Area

3,914

Density / Sq Mi

$68,976

Median Household Income

$41,696

Median Earnings

$1,412

Median Rent

$427,700

Median Home Value

Market

Lease Benchmarks for Portland, OR

$8.98 /SF/Yr

Avg Asking Price

$1.71–$12 /SF/Yr

Price Range

23,775 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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Frequently Asked Questions

What type of property is this?

Distribution center - Distribution center near PDX Airport and major freeways.

Where is this distribution center located?

The property is located at 12021 NE Airport Way Portland, OR.

What are key features of this property?

This property features: Strategic location near PDX Airport and major freeways (I‑205 & Airport Way) for unparalleled accessibility.; Abundant loading doors for efficient operations.; Planned property enhancements: spec office, upgraded signage, exterior paint, landscaping, and parking lot striping.