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High Visibility End Cap Space
For Lease
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15617 NE Airport Way, Portland, OR 97230

End cap space with truck staging and parking available November.

Space SizeContact for details
Property Size28,350 SF
Days on Market289

Property Features for 15617 NE Airport Way

General Information

Standard status Active
Size 28,350 SF
Property subtype Industrial
Zoning IG2

Building Details

Building Size 28,350 SF
Listing Agency: Macadam Forbes
Listed By: Brett Bayne · License #OR #940700089
Source: Macadamforbes
Added: Nov 25, 2025 Changed: Sep 4 Last Checked: Sep 10 at 5:48AM

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 Macadam Forbes

Investment Insights

Based on property information with market context.

Located at the NE corner of NE Airport Way and NE 158th Avenue, this end cap space offers high visibility on NE Airport Way. It is situated 2.5 miles east of I-205 and 4 miles east of Portland International Airport. The property features outstanding truck staging and parking, along with an ESFR sprinkler system. Triple Nets are estimated at $0.17 per square foot. The space will be available starting November 1, 2019. Lease terms include: Year 1 at $15,999.43 NNN from March 15, 2019, to March 14, 2020; Year 2 at $16,479.41 NNN from March 15, 2020, to March 14, 2021; Year 3 at $16,973.79 NNN from March 15, 2021, to March 14, 2022; and the last 2 months of the term at $17,483.01 from April to May 2022. The landlord is open to direct agreements with tenants who have approved credit.

Key Highlights

  • High Visibility on NE Airport Way
  • End cap space with outstanding truck staging and parking
  • NE Corner of NE Airport Way and NE 158th Avenue

Property Analytics

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Current Use

Chongqing Zhonghuan International ... Shipping Company

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Spa & Massage Center Parking Lot & Garage HVAC 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

313
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97230, OR

41,562
Population
17,190
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
13.9 sq mi
ZIP Area
2,990
Density / Sq Mi
$70,582
Median Household Income
$41,102
Median Earnings
$1,511
Median Rent
$435,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Portland, OR

$11.17 /SF/Yr
Avg Asking Price
$1.71–$23 /SF/Yr
Price Range
40,084 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

  • American Steel Equipment 4435 NE 148th Ave, Portland, OR 97230
  • Brian Self Storage Units - Cheap Self Storage Near You 5119 NE 158th Ave, Portland, OR 97230

Frequently Asked Questions

What type of property is this?
Warehouse - End cap space with truck staging and parking available November.
Where is this warehouse located?
The property is located at 15617 NE Airport Way Portland, OR.
What are key features of this property?
This property features: High Visibility on NE Airport Way; End cap space with outstanding truck staging and parking; NE Corner of NE Airport Way and NE 158th Avenue
More about this property
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