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Modernized Retail Building
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220 NW 2nd Ave, Portland, OR 97209

Fully modernized retail building with redesigned ground-floor spaces and secured 24-hour security guard.

Space Size1,308 SF
Days on Market1794

Property Features for 220 NW 2nd Ave

General Information

Standard status Active
Size 1,308 SF
Property subtype RETAIL

Amenities

destination lobby
24-hour security guard
lightrail access
LEED gold certification
wired certification

Spaces For Lease

at 220 NW 2nd Ave Contact us

220 NW 2nd Ave

Floor
1
Size
1,308 SF
Type
RETAIL
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Full building modernization delivering mid-2020 - Redesigned ground level retail...
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Listing Agency: Commercial Realty Advisors Northwest LLC
Listed By: Kathleen Healy · License #200509097
Source: Moodyscre
Added: Sep 15, 2021 Changed: Aug 8 Last Checked: Aug 12 at 7:24AM

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 Commercial Realty Advisors Northwest LLC

Investment Insights

Based on property information with market context.

This fully modernized retail building is scheduled for delivery in mid-2020 and features redesigned ground-level retail spaces. The building also includes a destination lobby with collaborative spaces, supported by secured 24-hour security guard coverage.

Located at 220 NW 2nd Ave in Portland, the property offers ease of access via lightrail service to the east side and Portland International Airport, with connectivity throughout the Portland metropolitan area.

The offering totals approximately 1,308 square feet. The building has been awarded gold certification from LEED and is wired-certified through WiredScore.

Key Highlights

  • Fully modernized retail building with full building modernization completed mid‑2020
  • Redesigned ground‑level retail spaces
  • Destination lobby with collaborative spaces

Property Analytics

Current Use

KB Pipeline Co Auto Repair Shop JBL & K Risk ... Insurance Agency One Pacific Square ... Parking Lot & Garage NNG Financial Corporation Bank Oregon Auto Shipping Car Dealership

Suggested Use

Top Pick Tanning Salon (Bike/Boat/Book/etc) Store Adult Day Care Buffet Veterinary Clinic Pet Grooming 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

Location Intelligence

Trade Area within ½ mile

10,480
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

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
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Frequently Asked Questions

What type of property is this?
Retail space - Fully modernized retail building with redesigned ground-floor spaces and secured 24-hour security guard.
Where is this retail space located?
The property is located at 220 NW 2nd Ave Portland, OR.
What are key features of this property?
This property features: Fully modernized retail building with full building modernization completed mid‑2020; Redesigned ground‑level retail spaces; Destination lobby with collaborative spaces
(503) 880-3033 Call to check price and availability
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