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Prime Retail Space in Portland
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528 NW 11th Ave., Portland, OR 97209

Renovated retail space in Portland's Pearl District with storage.

Space Size2,500 SF
Days on Market727

Property Features for 528 NW 11th Ave.

General Information

Standard status Active
Size 2,500 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 2,500 SF
Tenancy Multiple

Spaces For Lease

at 528 NW 11th Ave. Contact us

Ground Floor Space

Size
2,500 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Debbie Thomas Commercial Real Estate
Listed By: Debbie Thomas · License #OR
Source: Crexi
Added: Aug 26, 2024 Changed: Aug 8 Last Checked: Aug 22 at 6:23AM

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 Debbie Thomas Commercial Real Estate

Investment Insights

Based on property information with market context.

This retail space features a window line and accordion doors. It has been recently renovated with an open floor plan and a private bathroom. The property includes up to 1800 square feet of basement storage. It is located in Portland’s Pearl District, near bus lines, the Streetcar, and I-405 freeway access. Businesses in the area include Powell’s Books, Farmhouse Kitchen Thai, Screen Door, Silk Road, Janken, and Providence Park. The property is located near shops, services, and restaurants.

Key Highlights

  • Prime location in Portland's thriving Pearl District
  • Recently renovated with a wide open floor plan
  • Unbeatable window line and beautiful accordion doors to attract foot traffic**

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Daycare Center Butcher Nursing Home Supermarket

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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

10,398
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

$23.6 /SF/Yr
Avg Asking Price
$12–$38 /SF/Yr
Price Range
24,336 SF
Avg Space Size

This space is priced 19% above the average of $23.6 /SF/Yr.

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 - Renovated retail space in Portland's Pearl District with storage.
Where is this retail space located?
The property is located at 528 NW 11th Ave. Portland, OR.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Prime location in Portland's thriving Pearl District; Recently renovated with a wide open floor plan; Unbeatable window line and beautiful accordion doors to attract foot traffic**
More about this property
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