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Retail Space in Overlook Neighborhood
For Lease
$23 SF/Yr

5050 N Interstate Ave, Portland, OR 97217

1,937 SF endcap retail/service space available in North Portland.

Space Size1,937 SF
Property Size64,000 SF
Days on Market203

Property Features for 5050 N Interstate Ave

General Information

Standard status Active
Size 1,937 SF
Class A
Property subtype Office
Lease Term NNN

Building Details

Building Size 64,000 SF
Year Built 2024

Spaces For Lease

at 5050 N Interstate Ave Contact us

Dr. Darrell Millner Building Space $23/SF/Yr

Size
1,937 SF
Term
Negotiable
Contact us
Listing Agency:
Listed By: Michelle D. Rozakis · License #OR #200512190
Source: Corfac
Added: Jan 26 Changed: Aug 12 Last Checked: Aug 16 at 3:35AM

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 Michelle D. Rozakis

Investment Insights

Based on property information with market context.

Available for lease is a 1,937 square foot endcap retail or service space located in the Overlook Neighborhood of North Portland. The space is situated off Interstate Avenue, benefiting from high traffic volume of approximately 7,600 vehicles per day. The location offers convenient access to public transportation, with proximity to the TriMet MAX Yellow Line and multiple bus lines. The property is a first-generation retail or service space within an attractive mixed-use building that includes 63 units. The Overlook Neighborhood provides diverse shopping, dining, and entertainment options. Nearby highlights include Adidas Headquarters, Satellite Tavern, Spitz – Portland, Prost!, La Perlita, and Pollo Bravo Tapas. Tenant improvement allowance is available. The space benefits from excellent visibility and foot traffic.

Key Highlights

  • First generation retail/service space in attractive mixed‑use building with 63 units.
  • Excellent visibility and foot traffic.
  • Located on high traffic N. Interstate Ave ±7.6K average daily traffic volume.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Law Firm HVAC Service Electrical Service Auto Parts Store Parking Lot & Garage Barber Shop

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
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,122
Businesses Nearby

Demographics for 97217, OR

36,086
Population
17,038
Households
2.1
Avg Household Size
38
Median Age
59%
College-Educated
96%
High-School Grad
11.1 sq mi
ZIP Area
3,251
Density / Sq Mi
$100,387
Median Household Income
$56,790
Median Earnings
$1,789
Median Rent
$569,500
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 3% 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 - 1,937 SF endcap retail/service space available in North Portland.
Where is this retail space located?
The property is located at 5050 N Interstate Ave Portland, OR.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: First generation retail/service space in attractive mixed‑use building with 63 units.; Excellent visibility and foot traffic.; Located on high traffic N. Interstate Ave ±7.6K average daily traffic volume.
More about this property
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