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Warehouse with Dock-High Loading
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5409 North Marine Drive, Portland, OR 97203

Industrial shell space includes dedicated office area, dock-high and grade-level loading, and substantial electrical service.

Space Size37,175 SF
Days on Market8

Property Features for 5409 North Marine Drive

General Information

Standard status Active
Size 37,175 SF
Net Rentable 16,107 SF
Property subtype Industrial

Space & Availability

Available Space 16,107-39,692 SF
Divisible Yes

Warehouse & Industrial

Clear Height 20 ft
Warehouse Space 37,175 SF
Office Build-Out 2,517 SF
Dock-High Doors 11
Drive-In Doors 4
Power 400 amps
Voltage 480 V
Three-Phase Power Yes
Sprinkler System Yes

Additional Details

Road Access Yes

Building Details

Building Size 37,175 SF
Year Built 1981

Spaces For Lease

at 5409 North Marine Drive Contact us

5409 N Marine Dr

Size
37,175 SF
Term
Negotiable
Contact us
Listed By: Scott Kappes, SIOR
Source: Buildout
Added: Aug 26 Changed: Aug 29 Last Checked: Sep 1 at 6:06PM

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 Scott Kappes, SIOR

Investment Insights

Based on property information with market context.

This warehouse property contains approximately 37,175 SF of shell space along with approximately 2,517 SF of office area. The building offers 20-foot clear height and can be divided to approximately 16,107 SF, supporting multiple industrial configurations. Loading improvements include 11 dock-high doors with levelers and seals, plus four grade-level doors.

The facility is positioned along North Marine Drive in Portland and was built in 1981. Electrical service is rated at 400a / 480v 3ph. Additional building systems include estimated T-5 lighting and a dry sprinkler system rated at .37/2000 GPM.

Key Highlights

  • ± 37,175 SF shell warehouse with ± 2,517 SF office
  • Divisible to ± 16,107 SF
  • 20’ clear height

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Kitchen & Bath Showroom Big Box & Wholesale Store Food Market Storage Facility

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

20 ft
Clear height
11
Dock-high doors
4
Drive-in doors
Yes
Sprinkler system
Yes
Paved road access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

32
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97203, OR

33,763
Population
13,462
Households
2.5
Avg Household Size
34
Median Age
45%
College-Educated
90%
High-School Grad
10.8 sq mi
ZIP Area
3,126
Density / Sq Mi
$77,619
Median Household Income
$46,152
Median Earnings
$1,551
Median Rent
$468,600
Median Home Value

Market

Lease Benchmarks for Portland, OR

$9.29 /SF/Yr
Avg Asking Price
$1.71–$15 /SF/Yr
Price Range
38,588 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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Similar Off Market Nearby

  • Chipman Relocation & Logistics - Agent for United Van Lines 5365 N Marine Dr, Portland, OR 97203
  • Caton Moving & Storage 5365 N Marine Dr, Portland, OR 97203
  • Chipman Relocation & Logistics - Agent for Mayflower 5365 N Marine Dr, Portland, OR 97203

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial shell space includes dedicated office area, dock-high and grade-level loading, and substantial electrical service.
Where is this warehouse located?
The property is located at 5409 North Marine Drive Portland, OR.
What are key features of this property?
This property features: ± 37,175 SF shell warehouse with ± 2,517 SF office; Divisible to ± 16,107 SF; 20’ clear height
More about this property
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