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Warehouse in Airport Park
For Lease
$13,950/Mo

5964 NE 87th Ave, Portland, OR 97220

Warehouse space in Airport Park with convenient access to PDX and Interstate 205 in a major industrial hub.

Space SizeContact for details
Days on Market116

Property Features for 5964 NE 87th Ave

General Information

Standard status Active
Property subtype Industrial

Additional Details

Highway Access Yes
Listing Agency: Portland
Listed By: Jerry Matson
Source: Colliers
Added: May 18 Changed: Sep 8 Last Checked: Sep 9 at 5:20AM

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 Portland

Investment Insights

Based on property information with market context.

This warehouse offering is located in Airport Park, a quality industrial park positioned minutes from PDX and Interstate 205. The property is described as having strong transportation connectivity and access to a deep regional labor pool.

Public remarks also note that nearly two million people live within a 30-mile radius, and the location benefits from operating within an established industrial hub with leading corporate neighbors including Amazon, UPS, Boeing, Costco, and Home Depot.

The asset is presented as a for-rent warehouse opportunity at 5964 NE 87th Ave in Portland, Oregon 97220, within Airport Park.

Key Highlights

  • Industrial warehouse space in Airport Park
  • Minutes from PDX (Portland International Airport)
  • Convenient access to Interstate 205

Property Analytics

Current Use

Associated Global Systems Freight Service

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Gym & Fitness Center Skin Care Clinic Hair Salon

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

555
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97220, OR

29,357
Population
12,177
Households
2.4
Avg Household Size
39
Median Age
35%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
3,914
Density / Sq Mi
$68,976
Median Household Income
$41,696
Median Earnings
$1,412
Median Rent
$427,700
Median Home Value

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

This space is priced 7% above the average of $11.17 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse space in Airport Park with convenient access to PDX and Interstate 205 in a major industrial hub.
Where is this warehouse located?
The property is located at 5964 NE 87th Ave Portland, OR.
What is the lease rate?
The lease rate is $13,950/Mo.
What are key features of this property?
This property features: Industrial warehouse space in Airport Park; Minutes from PDX (Portland International Airport); Convenient access to Interstate 205
More about this property
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