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Prime Restaurant/Retail/Service Space
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550 SE Martin Luther King Jr Blvd, Portland, OR 97214

Restaurant, retail, and service opportunities available for lease.

Space Size1,075 SF - 1,600 SF
Days on Market715

Property Features for 550 SE Martin Luther King Jr Blvd

General Information

Standard status Active
Size 1,075 SF - 1,600 SF
Property subtype Retail

Building Details

Year Built 2024
Tenancy Multiple

Spaces For Lease

at 550 SE Martin Luther King Jr Blvd Contact us

Retail 1

Size
1,600 SF
Type
Retail
Availability
Active
Contact us

Retail 2

Size
1,075 SF
Type
Retail
Availability
Active
Contact us

Retail 3

Size
1,305 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Commercial Realty Advisors Northwest LLC
Listed By: Ashley Heichelbech · License #OR 200509097
Source: Crexi
Added: Sep 11, 2024 Changed: Aug 16 Last Checked: Aug 25 at 1:54PM

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 property presents prime opportunities for restaurant, retail, or service-oriented businesses. Located in Portland, OR, the property is suitable for commercial real estate ventures, including restaurants and retail spaces.

Key Highlights

  • Prime location for restaurant, retail, or service business.
  • Great opportunity for restaurant, retail, or service business.
  • New construction (Year Built: 2024).

Property Analytics

Current Use

Retail space

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,122
Businesses Nearby

Demographics for 97214, OR

28,403
Population
15,948
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
9,794
Density / Sq Mi
$86,879
Median Household Income
$55,643
Median Earnings
$1,628
Median Rent
$733,200
Median Home Value

Market

Lease Benchmarks for Portland, OR

$23.68 /SF/Yr
Avg Asking Price
$12–$38 /SF/Yr
Price Range
23,067 SF
Avg Space Size

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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Restaurant, retail, and service opportunities available for lease.
Where is this retail space located?
The property is located at 550 SE Martin Luther King Jr Blvd Portland, OR.
What are key features of this property?
This property features: Prime location for restaurant, retail, or service business.; Great opportunity for restaurant, retail, or service business.; New construction (Year Built: 2024).
(503) 274-0211 Call to check price and availability
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