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Pearl District Retail/Medical Space Available
For Lease
$15 SF/Yr

1411-1435 NW Flanders St, Portland, OR 97209

Retail and 2nd-generation medical office space for lease in Pearl District.

Space Size1,558 SF - 2,299 SF
Property Size19,138 SF
Days on Market203

Property Features for 1411-1435 NW Flanders St

General Information

Standard status Active
Size 1,558 SF - 2,299 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 19,138 SF
Year Built 1921

Spaces For Lease

at 1411-1435 NW Flanders St Contact us

1425 NW Flanders | Suite 1 - Retail / Service $19.50/SF/Yr

Size
1,846 SF
Term
Negotiable
Contact us

1427 NW Flanders | Suite 2 - 2nd Gen Medical / Retail Space $19.50/SF/Yr

Size
2,299 SF
Type
Medical
Term
Negotiable
Contact us

1435 NW Flanders | Suite 3 - Retail / Service $15/SF/Yr

Size
1,558 SF
Type
Street Retail
Term
Negotiable
Contact us
Listing Agency: Capacity Commercial Group
Listed By: Michelle D. Rozakis · License #OR #200512190
Source: Corfac
Added: Jan 26 Changed: Aug 16 Last Checked: Aug 16 at 3:54AM

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.

Located in the Pearl District, shell and 2nd-generation retail and medical/office spaces are available for lease. The property features an excellent window line and a diverse mix of co-tenants. Suite A at 1427 NW Flanders offers 2,299 RSF of 2nd-generation retail/medical space with existing build-out. Suite B at 1435 NW Flanders provides 1,558 RSF of retail/service space in a vanilla shell condition. Suite B at 1425 NW Flanders offers 1,846 RSF of retail/service space in a vanilla shell condition. The property is situated on the NW Flanders Neighborhood Greenway, one block from a TriMet bus stop, and four blocks from the Portland Streetcar. It is also next to the new Ned Flanders Crossing bicycle and pedestrian bridge. Area highlights include 10 Barrel Brewing, Khao San, Adidas, Andina, Barista, Brix Tavern, Verde Cocina, Whole Foods Market, KEEN Garage, Fjallraven, The North Face, REI, Mud Bay, Sherwin Williams, Chown Hardware, Pearl ACE, BASCO, West Elm, and KOHLER.

Key Highlights

  • Located in the Pearl District on NW Flanders Neighborhood Greenway.
  • Diverse co‑tenants including 10 Barrel Brewing and Khao San PDX.
  • Walkable to numerous retail and dining options.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Buffet Daycare Center Tanning Salon Supermarket Butcher

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
$2.25 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

13,346
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 37% below 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 - Retail and 2nd-generation medical office space for lease in Pearl District.
Where is this retail space located?
The property is located at 1411-1435 NW Flanders St Portland, OR.
What is the lease rate?
The lease rate is $15 SF/Yr.
What are key features of this property?
This property features: Located in the Pearl District on NW Flanders Neighborhood Greenway.; Diverse co‑tenants including 10 Barrel Brewing and Khao San PDX.; Walkable to numerous retail and dining options.
More about this property
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