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Warehouse Space Near Montgomery Park
For Lease
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2120 NW 27th Ave, Portland, OR 97210

Functional warehouse space in the thriving Slabtown/NW area.

Space Size35,000 SF
Days on Market208

Property Features for 2120 NW 27th Ave

General Information

Standard status Active
Size 35,000 SF
Property subtype Industrial
Zoning EX

Building Details

Building Size 35,000 SF
Year Built 1921

Spaces For Lease

at 2120 NW 27th Ave Contact us

2120 NW 27TH AVE

Size
35,000 SF
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency: Macadam Forbes
Listed By: Joe Curran · License #OR #200812036
Source: Macadamforbes
Added: Jan 27 Changed: Aug 22 Last Checked: Aug 23 at 3:41AM

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 Macadam Forbes

Investment Insights

Based on property information with market context.

This unique warehouse opportunity is located at the base of Montgomery Park in the Slabtown/NW area. The American Can Warehouse offers approximately 27,348 square feet of shell space with an additional 7,652 square feet of supporting mezzanine. The space is suitable for a variety of production and warehouse uses. Previously, the space was occupied by Adidas and the production company associated with the television show, Grimm. The property features two oversized grade-level doors, supporting office space, restrooms, high ceilings, and heavy power. The zoning is EXd. The property is in close proximity to Forest Park, Slabtown, and numerous dining options. Additional food, beverage, and amenities are planned for the adjacent Montgomery Park property. Montgomery Park, originally constructed in 1920 as a Montgomery Ward mail-order catalog warehouse, has been transformed into an office warehouse and retail complex.

Key Highlights

  • Large 27,348 SF warehouse space with 7,652 SF mezzanine, ideal for production or warehouse uses.
  • Prime location at the base of Montgomery Park in the Slabtown/NW area.
  • High ceilings and heavy power, ideal for various operational needs.

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick HVAC Service Dental Office Auto Parts Store Pharmacy Accounting Firm Grocery & Convenience 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,034
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97210, OR

13,016
Population
7,910
Households
1.6
Avg Household Size
38
Median Age
76%
College-Educated
97%
High-School Grad
8.9 sq mi
ZIP Area
1,462
Density / Sq Mi
$87,942
Median Household Income
$66,429
Median Earnings
$1,577
Median Rent
$991,500
Median Home Value

Market

Lease Benchmarks for Portland, OR

$8.83 /SF/Yr
Avg Asking Price
$1.71–$15 /SF/Yr
Price Range
38,504 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Warehouse - Functional warehouse space in the thriving Slabtown/NW area.
Where is this warehouse located?
The property is located at 2120 NW 27th Ave Portland, OR.
What are key features of this property?
This property features: Large 27,348 SF warehouse space with 7,652 SF mezzanine, ideal for production or warehouse uses.; Prime location at the base of Montgomery Park in the Slabtown/NW area.; High ceilings and heavy power, ideal for various operational needs.
More about this property
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