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Upscale Restaurant Space Available
For Lease
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340 First Street, Lake Oswego, OR 97034

Prime second-generation restaurant space for lease.

Space Size2,324 SF
Property Size4,411 SF
Days on Market874

Property Features for 340 First Street

General Information

Standard status Active
Size 2,324 SF
Class A
Property subtype Retail, Office, Restaurant
Lease Type NNN

Building Details

Building Size 4,411 SF
Tenancy Multiple

Spaces For Lease

at 340 First Street Contact us

Unit C3

Size
2,324 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Commercial Realty Advisors Northwest LLC
Listed By: Ashley Heichelbech · License #OR 200509097
Source: Crexi
Added: Apr 15, 2024 Changed: Sep 2 Last Checked: Aug 31 at 11:11PM

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 is an upscale, prime, second-generation restaurant space available for lease.

Key Highlights

  • Prime restaurant space for lease
  • Upscale

Property Analytics

Current Use

Restaurants

Suggested Use

Top Pick Parking Lot & Garage Carpet & Flooring Store Catering Service (Bike/Boat/Book/etc) Store Computer & Electronic Repair Plumbing 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
$5.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,512
Businesses Nearby
124k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 41% Shops & Services 32% Dining 17% Home Improvements & Furnishings 6%
Safeway Groceries
28,396 visits/mo 0.2 miles
Whole Foods Market Groceries
21,945 visits/mo 0.3 miles
Starbucks Dining
11,054 visits/mo 0.2 miles
Salt & Straw Dining
8,999 visits/mo 0.0 miles
Lake Oswego Ace Hardware Home Improvements & Furnishings
7,876 visits/mo 0.3 miles

Demographics for 97034, OR

21,396
Population
9,017
Households
2.4
Avg Household Size
49
Median Age
74%
College-Educated
99%
High-School Grad
7.7 sq mi
ZIP Area
2,779
Density / Sq Mi
$147,688
Median Household Income
$77,500
Median Earnings
$2,030
Median Rent
$995,900
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Restaurant - Prime second-generation restaurant space for lease.
Where is this restaurant located?
The property is located at 340 First Street Lake Oswego, OR.
What is the lease rate?
The lease rate is $38 SF/Yr.
What are key features of this property?
This property features: Prime restaurant space for lease; Upscale
(503) 274-0211 Call to check price and availability
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