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New Retail/Restaurant Space Available
For Lease
$25 SF/Yr

1378 NW 18th Ave, Portland, OR 97209

Brand-new retail, restaurant, or service spaces in mixed-use building.

Space Size1,398 SF - 1,809 SF
Property Size2,283,050 SF
Days on Market203

Property Features for 1378 NW 18th Ave

General Information

Standard status Active
Size 1,398 SF - 1,809 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 2,283,050 SF
Year Built 2020

Spaces For Lease

at 1378 NW 18th Ave Contact us

Retail 1 $25/SF/Yr

Size
1,398 SF
Type
Restaurant
Term
Negotiable
Contact us

Retail 2 $25/SF/Yr

Size
1,593 SF
Type
Street Retail
Term
Negotiable
Contact us

Retail 3 $25/SF/Yr

Size
1,809 SF
Type
Street Retail
Term
Negotiable
Contact us

Retail 4 $25/SF/Yr

Size
1,804 SF
Type
Street Retail
Term
Negotiable
Contact us
Listing Agency:
Listed By: Ian M. Biggi · License #OR #201204753
Source: Corfac
Added: Jan 26 Changed: Aug 12 Last Checked: Aug 16 at 3:30AM

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 Ian M. Biggi

Investment Insights

Based on property information with market context.

Located between the Pearl District and Nob Hill/NW District, this new retail space is within walking distance of multiple retail and dining options. A streetcar line station is located one block south. Nearby establishments include PlayDate PDX, Sawasdee, Twozone Chicken, Energy Fitness, The Sultan Cafe, Lucky Labrador Brewing Company, Aviation American Gin, Fullerton Wines, Paymaster Lounge, Ranch Pizza, The Triple Lindy, LA Fitness, Cafe Nell, and New Seasons. Kado NW is a mixed-use building with 196 units above ground-floor retail. There are four suites available, ranging from 1,398 to 5,206 square feet. The spaces offer great light and presence and are ideal for retail, restaurant, or service tenants. Suites 2-4 are inline retail/service spaces, while Suite 1 is a corner restaurant space with a chase for a Type 1 hood already in place.

Key Highlights

  • Prime Location: Situated between the Pearl District and Nob Hill/NW District, offering high foot traffic and visibility.
  • Restaurant Ready: Corner restaurant space (Suite 1) includes a chase for a Type 1 hood.
  • High‑Density Building: Located in Kado NW, a mixed‑use building with 196 residential units above, providing a built‑in customer base.

Property Analytics

Current Use

Kado NW Apartment Complex Jedisoul Consulting LLC Business Management Consultant Lux Films Film Production Dan Bernard, MA, ... Marriage Or Relationship Counselor Resolution Counseling Services Counselor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center HVAC Service Tanning Salon Supermarket Plumbing 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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

7,155
Businesses Nearby

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

$23.65 /SF/Yr
Avg Asking Price
$12–$38 /SF/Yr
Price Range
21,687 SF
Avg Space Size

This space is priced 6% above the average of $23.65 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Brand-new retail, restaurant, or service spaces in mixed-use building.
Where is this retail space located?
The property is located at 1378 NW 18th Ave Portland, OR.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Prime Location: Situated between the Pearl District and Nob Hill/NW District, offering high foot traffic and visibility.; Restaurant Ready: Corner restaurant space (Suite 1) includes a chase for a Type 1 hood.; High‑Density Building: Located in Kado NW, a mixed‑use building with 196 residential units above, providing a built‑in customer base.
More about this property
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