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Portland Logistics Facility For Rent
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5515 NE 148th Avenue, Portland, OR 97230

Industrial warehouse with modern features, close to airport.

Space Size20,777 SF
Property Size82,770 SF
Days on Market288

Property Features for 5515 NE 148th Avenue

General Information

Standard status Active
Size 20,777 SF
Class A
Property subtype Industrial - Warehouse/Distribution

Building Details

Building Size 82,770 SF
Year Built 2008

Spaces For Lease

at 5515 NE 148th Avenue Contact us

Space Available

Size
20,777 SF
Type
Warehouse/Distribution
Lease Type
NNN
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Prologis
Listed By: Sean Colletta
Source: Commercialcafe
Added: Nov 24, 2025 Changed: Sep 3 Last Checked: Sep 8 at 4:04AM

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 Prologis

Investment Insights

Based on property information with market context.

This logistics facility is located in the Airport Way submarket. It offers access to a strong local workforce. The building provides ample parking and modern features suitable for industrial warehouse environments. Its location is just minutes from I-205 and Portland International Airport. The property offers a total area of 20777 square feet.

Key Highlights

  • Strategic location in the Airport Way submarket.
  • Easy access to I‑205 and Portland International Airport.
  • Ample parking available.

Property Analytics

Current Use

Petco DC Truck ... Warehouse & Storage Petco DC Distribution Center

Suggested Use

Top Pick Real Estate Agency Law Firm Nail Salon Hair Salon Parking Lot & Garage Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

397
Businesses Nearby
Well-served
Demand for This Use

Demographics for 97230, OR

41,562
Population
17,190
Households
2.4
Avg Household Size
39
Median Age
28%
College-Educated
90%
High-School Grad
13.9 sq mi
ZIP Area
2,990
Density / Sq Mi
$70,582
Median Household Income
$41,102
Median Earnings
$1,511
Median Rent
$435,800
Median Home Value

Market

Lease Benchmarks for Portland, OR

$11.17 /SF/Yr
Avg Asking Price
$1.71–$23 /SF/Yr
Price Range
40,084 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
Questions? Ask Rey
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Similar Off Market Nearby

  • Public Storage 13515 NE Prescott Ct, Portland, OR 97230
  • American Steel Equipment 4435 NE 148th Ave, Portland, OR 97230
  • Royal Mini Storage 13328 NE Airport Way, Portland, OR 97230
  • Brian Self Storage Units - Cheap Self Storage Near You 5119 NE 158th Ave, Portland, OR 97230

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial warehouse with modern features, close to airport.
Where is this warehouse located?
The property is located at 5515 NE 148th Avenue Portland, OR.
What are key features of this property?
This property features: Strategic location in the Airport Way submarket.; Easy access to I‑205 and Portland International Airport.; Ample parking available.
More about this property
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