Second-Generation Restaurant
For Lease
$21 SF/Yr
2316 E Portland Rd, Newberg, OR 97132
Second-generation restaurant space with existing hood and grease interceptor, plus 50 on-site parking spaces.
Space Size3,000 SF
Property Size8,781 SF
Days on Market50
Property Features for 2316 E Portland Rd
General Information
Standard status
Active
Size
3,000 SF
Total Parking Spaces
50
Property subtype
Retail
Lease Term
NNN
Restaurant
Commercial Hood
Yes
Grease Trap
Yes
Building Details
Building Size
8,781 SF
Year Built
1970
Spaces For Lease
at 2316 E Portland Rd Contact us- Size
- 3,000 SF
- Type
- Restaurant
- Term
- Negotiable
Vintage Square Restaurant Space $21/SF/Yr
Listing Agency:
(503) 919-2072
Listed By:
Tim Phommany
Source:
Capacitycommercial
Added: Jun 24
Changed: Aug 8
Last Checked: Aug 12 at 4:58AM
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 Tim Phommany
Investment Insights
Based on property information with market context.
This listing offers approximately 3,000 SF of second-generation restaurant space designed to support foodservice operations with less redevelopment. The layout is intended to reduce construction timelines, and it includes an existing hood and a grease interceptor (condition should be verified). Restaurant-capable plumbing and utility capacity are also in place to accommodate typical commercial kitchen needs.
The space is situated with high-visibility frontage along E Portland Rd. On-site parking is available with 50 spaces, which helps support customer access and day-to-day operations. The property is positioned within an area of established residential rooftops, with access to traffic associated with the gateway to Oregon wine country.
For operators seeking a turn-key kitchen platform with existing equipment elements, this configuration can streamline permitting and buildout planning compared to ground-up development. The combination of a second-generation layout, existing hood and grease interceptor, and restaurant-ready services is well suited for a qualified restaurateur looking to bring a concept to market while managing construction time and scope. Prospective tenants should confirm all equipment and systems during due diligence, including the condition of the existing grease interceptor.
The space is situated with high-visibility frontage along E Portland Rd. On-site parking is available with 50 spaces, which helps support customer access and day-to-day operations. The property is positioned within an area of established residential rooftops, with access to traffic associated with the gateway to Oregon wine country.
For operators seeking a turn-key kitchen platform with existing equipment elements, this configuration can streamline permitting and buildout planning compared to ground-up development. The combination of a second-generation layout, existing hood and grease interceptor, and restaurant-ready services is well suited for a qualified restaurateur looking to bring a concept to market while managing construction time and scope. Prospective tenants should confirm all equipment and systems during due diligence, including the condition of the existing grease interceptor.
Key Highlights
- ±3,000 SF second‑generation restaurant space
- Existing hood and grease interceptor (condition to be verified)
- Restaurant‑capable plumbing and utility capacity in place
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Commercial hood
Yes
Grease trap
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
748
Businesses Nearby
369k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Shops & Services 28%
Groceries 28%
Electronics 2%
Fred Meyer
Groceries
73,568 visits/mo
0.2 miles
Fred Meyer Gas Station
Shops & Services
31,039 visits/mo
0.1 miles
Safeway
Groceries
29,598 visits/mo
0.2 miles
McDonald's
Dining
23,266 visits/mo
0.1 miles
Dutch Bros. Coffee
Dining
21,967 visits/mo
0.1 miles
Demographics for 97132, OR
32,028
Population
12,411
Households
2.6
Avg Household Size
38
Median Age
39%
College-Educated
93%
High-School Grad
62.6 sq mi
ZIP Area
512
Density / Sq Mi
$95,150
Median Household Income
$46,005
Median Earnings
$1,567
Median Rent
$498,500
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Second-generation restaurant space with existing hood and grease interceptor, plus 50 on-site parking spaces.
Where is this conventional restaurant located?
The property is located at 2316 E Portland Rd Newberg, OR.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: ±3,000 SF second‑generation restaurant space; Existing hood and grease interceptor (condition to be verified); Restaurant‑capable plumbing and utility capacity in place
