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Warehouse with Retail Potential
For Lease
$8,490/Mo

5833 NE LOMBARD, Portland, OR 97218

Warehouse space suitable for retail use, available September 1st, 2024.

Space SizeContact for details
Lot Size0.37 Acres
Days on Market698

Property Features for 5833 NE LOMBARD

General Information

Standard status Active
Lot size 0.37 Acres
Property subtype Commercial

Amenities

Ductless Heating

Building Details

Year Built 2023
Listing Agency: RUSSELL REALTY & ASSOCIATES LLC
Listed By: RUSLAN PETRUSHA · License #201011043
Source: Corcoran
Added: Sep 11, 2024 Changed: Aug 8 Last Checked: Aug 8 at 4:49AM

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 RUSSELL REALTY & ASSOCIATES LLC

Investment Insights

Based on property information with market context.

This property, located minutes from I-205 and PDX airport, features a warehouse with 28-foot ceilings and double cargo doors. According to the city, the location allows for up to 4 retail uses. The property includes 3 private bathrooms, a kitchen, and large picture windows that provide natural lighting. The entry area features high ceilings. Additional storage space is available in the attic, which is not currently included in the square footage. The property also features a level, fenced yard. The property will be available on September 1st, 2024.

Key Highlights

  • Minutes from I‑205 and PDX airport for easy access.
  • Up to 4 retail uses allowed per city.
  • 28 foot height in warehouse with double cargo doors.

Property Analytics

Current Use

UPS Access Point ... Courier Service UPS Authorized Shipping ... Courier Service PDX DRIVERS ED High School

Suggested Use

Top Pick Law Firm Hair Salon Spa & Massage Center Nail Salon Skin Care Clinic HVAC 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

Location Intelligence

Trade Area within ½ mile

478
Businesses Nearby
Balanced
Demand for This Use

Demographics for 97218, OR

14,748
Population
6,440
Households
2.3
Avg Household Size
38
Median Age
51%
College-Educated
91%
High-School Grad
6.7 sq mi
ZIP Area
2,201
Density / Sq Mi
$81,367
Median Household Income
$45,830
Median Earnings
$1,440
Median Rent
$493,300
Median Home Value

Market

Lease Benchmarks for Portland, OR

$10.75 /SF/Yr
Avg Asking Price
$1.71–$15 /SF/Yr
Price Range
35,059 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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

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Frequently Asked Questions

What type of property is this?
Warehouse - Warehouse space suitable for retail use, available September 1st, 2024.
Where is this warehouse located?
The property is located at 5833 NE LOMBARD Portland, OR.
What is the lease rate?
The lease rate is $8,490/Mo.
What are key features of this property?
This property features: Minutes from I‑205 and PDX airport for easy access.; Up to 4 retail uses allowed per city.; 28 foot height in warehouse with double cargo doors.
More about this property
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