Modern Flex Warehouse/Office
For Lease
$7,400/Mo
128 Northeast 7th Avenue, Portland, OR 97232
Move-in ready flex space near Burnside with warehouse and office.
Space SizeContact for details
Days on Market215
Property Features for 128 Northeast 7th Avenue
General Information
Standard status
Active
Property subtype
FlexIndustrial
Site & Location
Neighborhood
Kerns
Listing Agency:
CBRE - Portland
Listed By:
Eleanor Aschoff · License #971000188
(503) 221-4868
Source:
Cbre
Added: Mar 25
Changed: Oct 24
Last Checked: Oct 24 at 3:47PM
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 CBRE - Portland
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Investment Insights
Based on property information with market context.
This modern flex warehouse/office property is move-in ready and offers functionality for various business uses, including industrial, design, production, and manufacturing. The office area features a collaborative open layout, two conference rooms, two private offices, restrooms, and a kitchenette. The property is located two blocks north of E Burnside, providing walking access to food and shopping. Situated in the heart of the Couch/Burnside area, this flex office and warehouse building is within walking distance of restaurants and shops and is located on bike, bus, and street car routes. It also offers quick access to MLK/Vancouver Blvd., I-84, and downtown Portland via the Burnside Bridge. The property includes 4,000 square feet of office space and 3,200 square feet of warehouse space, with an 18-foot clear height and one grade-level door. Zoned IG - General Industrial, the property also features off-street, gated parking. This location is suitable for e-commerce, industrial service providers, architects, business services, and wholesale operations.
Key Highlights
- Move‑in ready flex warehouse/office space suitable for various business uses.
- Excellent location in the Couch/Burnside area, walking distance to amenities and transportation.
- Convenient access to major routes including I‑84 and downtown Portland.
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.85 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
5,211
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97232, OR
15,382
Population
9,594
Households
1.6
Avg Household Size
37
Median Age
65%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
8,096
Density / Sq Mi
$71,278
Median Household Income
$49,794
Median Earnings
$1,584
Median Rent
$801,300
Median Home Value
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Market
Lease Benchmarks for Portland, OR
$15.58 /SF/Yr
Avg Asking Price
$1.81–$23 /SF/Yr
Price Range
13,191 SF
Avg Space Size
This space is priced 21% below the average of $15.58 /SF/Yr.
Vacancy Rate% for Industrial in Portland, OR
Similar Off Market Nearby
- Portland Pedal Power — 239 SE Salmon St, Portland, OR 97214
- JD Brothers — 1125 SE Grand Ave, Portland, OR 97214
- Niya's Breakfast — 1125 SE Grand Ave, Portland, OR 97214
- Castle Cauldron — 345 se taylor st, portland, or 97214
- The Melody Event Center — 615 SE Alder St, Portland, OR 97214
Frequently Asked Questions
What type of property is this?
Flex space - Move-in ready flex space near Burnside with warehouse and office.
Where is this flex space located?
The property is located at 128 Northeast 7th Avenue Portland, OR.
What is the lease rate?
The lease rate is $7,400/Mo.
What are key features of this property?
This property features: Move‑in ready flex warehouse/office space suitable for various business uses.; Excellent location in the Couch/Burnside area, walking distance to amenities and transportation.; Convenient access to major routes including I‑84 and downtown Portland.
