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Retail Suite with Monument Signage
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1818 NE M L King Blvd, Portland, OR 97212

Storefront space includes on-site parking and monument signage.

Space Size1,000 SF
Days on Market53

Property Features for 1818 NE M L King Blvd

General Information

Standard status Active
Size 1,000 SF
Net Rentable 1,000 SF
Property subtype RETAIL
Lease Type NNN

Space & Availability

Available Space 1,000 SF
Contiguous Space 1,000 SF
Space Use Office

Lease Terms

Lease Rate $22 /USD/SF/YR
Monthly Rent $1,833
Rent per SF/Year $22

Additional Details

Anchor Co-Tenants Avenriso Insurance, Mercy Corps Northwest, Chiropractor, Physical Therapy, Acupuncture

Amenities

Monument Signage
On-Site Parking
On-Street Parking

Building Details

Tenancy Multi

Spaces For Lease

at 1818 NE M L King Blvd
1818 NE M L King Blvd $22/SF/Yr
Floor A
Size 1,000 SF
Type RETAIL
Lease Type NNN
Availability AVAILABLE, Now
Sublease No
- Prime Retail / Office Suite Available with Excellent Exposure - Building Co-Tenants: Avenriso Insurance, Mercy Corps Northwest (Vacating Q1 ‘18) - On-Site Parking and Monument Signage Along NE Grand Ave - Close- In Retail Storefront / Office Space Available | ± 1,000 SF (Suite A) | $22/SF/YR + NNN - Co-tenants: Chiropractor / Physical Therapy / Acupuncture - Intersection of NE MLK Jr Blvd (±10.4K VPD) & NE Grand Avenue (±10K VPD) - Exceptional Signage Opportunity - Near Moda Center, Oregon Convention Center and the Lloyd District - Off-Street and On-Street Parking Available
Contact us
Listing Agency: Capacity Commercial Group
Listed By: George Lampus · License ##841200041
Source: Moodyscre
Added: Aug 25 Changed: Oct 8 Last Checked: Oct 16 at 11:54AM

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

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Investment Insights

Based on property information with market context.

Suite A provides approximately 1,000 SF of retail or office space within a commercial building shared with insurance, chiropractic, physical therapy, and acupuncture occupants. The suite is supported by both off-street and on-street parking, with monument signage along NE Grand Avenue.

The property sits at the intersection of NE MLK Jr Blvd and NE Grand Avenue, with reported traffic volumes of approximately 10.4K VPD and 10K VPD, respectively. The location is near the Moda Center, Oregon Convention Center, and Lloyd District, providing access to established destinations in the surrounding area.

Key Highlights

  • Approximately 1,000 SF in Suite A
  • Retail or office storefront configuration
  • Monument signage along NE Grand Avenue

Property Analytics

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Open Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Tanning Salon Butcher Pet Grooming Service Carpet & Flooring Store

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

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,916
Businesses Nearby

Demographics for 97212, OR

26,568
Population
12,064
Households
2.2
Avg Household Size
40
Median Age
70%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
9,840
Density / Sq Mi
$128,098
Median Household Income
$65,836
Median Earnings
$1,790
Median Rent
$824,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Portland, OR

$23.8 /SF/Yr
Avg Asking Price
$12–$38 /SF/Yr
Price Range
25,953 SF
Avg Space Size

This space is priced 8% below the average of $23.8 /SF/Yr.

Vacancy Rate% for Office in Portland, OR

10.1% 2019
12.3% 2020
16.1% 2021
18.5% 2022
20.8% 2023
21.7% 2024
24.3% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Storefront space includes on-site parking and monument signage.
Where is this retail space located?
The property is located at 1818 NE M L King Blvd Portland, OR.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Approximately 1,000 SF in Suite A; Retail or office storefront configuration; Monument signage along NE Grand Avenue
(503) 222-2248 Call to check price and availability
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