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Vintage Warehouse with Natural Light
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710 NE 21st Ave, Portland, OR 97232

Eastside warehouse with high ceilings, multiple loading doors, and office.

Space Size12,500 SF
Days on Market932

Property Features for 710 NE 21st Ave

General Information

Standard status Active
Size 12,500 SF
Property subtype INDUSTRIAL
Lease Type Gross

Site & Location

Neighborhood Kerns

Spaces For Lease

at 710 NE 21st Ave
710 NE 21st Ave $12,500/Mo
Floor 1
Size 12,500 SF
Type INDUSTRIAL
Lease Type GROSS
Availability AVAILABLE, Now
Sublease No
- 12,500 sf vintage industrial building in the close in northeast neighborhood. - Large grade doors; abundant 3 phase power; ceiling heights from 16’-20 with tons of natural light. - Includes parking and loading area. - Located at ne 21st and ne oregon a couple blocks of north of ne sandy blvd, this space has great access to all the core areas; freeways and neighborhoods with lots of retail/food/beverage amenities nearby. - This is great core building for light manufacturing; assembly; fabrication and more. -Lease Rate: $12,500 but the great thing is that this includes all expenses (property insurance/taxes/NNNs) There are several recently renovated upstairs offices that would add $1500.00 to the lease.
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Listing Agency: Cascade Commercial Real Estate LLC
Listed By: Todd Deneffe
Source: Moodyscre
Added: Apr 5, 2024 Changed: Oct 14 Last Checked: Oct 20 at 7:19PM

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 Cascade Commercial Real Estate LLC

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Investment Insights

Based on property information with market context.

This vintage warehouse features abundant natural light through clearstory windows. It includes multiple loading doors, high ceilings, and a small office space, with an additional office available for a surcharge. The property is equipped with 3-phase power. Located just 4 blocks north of Sandy Blvd on NE 21st, it offers a convenient eastside location with easy access to freeways, downtown, and the Pearl District. The property is suitable for light manufacturing or assembly, but can accommodate various uses. The owner is seeking a long-term tenant.

Key Highlights

  • Competitive rate at $1.00 gross (approximately $.80 psf NNN).
  • Excellent location: close to freeways, downtown, and the Pearl District.
  • Suitable for various uses, including light manufacturing or assembly.

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Eckelman Enterprises Property Management Company Holah Design + Architecture Architect

Suggested Use

Top Pick Mobile Phone Store Locksmith Florist Tanning Salon Clothing & Fashion Store (Bike/Boat/Book/etc) 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
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,481
Businesses Nearby
Balanced
Demand for This Use

Demographics for 97232, OR

15,382
Population
9,594
Households
1.6
Avg Household Size
37
Median Age
65%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
8,096
Density / Sq Mi
$71,278
Median Household Income
$49,794
Median Earnings
$1,584
Median Rent
$801,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Portland, OR

$10.91 /SF/Yr
Avg Asking Price
$1.71–$23 /SF/Yr
Price Range
40,514 SF
Avg Space Size

This space is priced 10% above the average of $10.91 /SF/Yr.

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

Similar Off Market Nearby

  • Portland's Deli Best Warehouse — 735 SE Alder St, Portland, OR 97214
  • Portland Storage Solutions — 2019 SE Belmont St, Portland, OR 97214
  • NE 12th & Irving Self Storage — 18 ne 12th ave, portland, or 97214
  • Public Storage — 1620 NE Sandy Blvd, Portland, OR 97232
  • Pro-Tek Storage — 1625 NE Sandy Blvd B, Portland, OR 97232

Frequently Asked Questions

What type of property is this?
Warehouse - Eastside warehouse with high ceilings, multiple loading doors, and office.
Where is this warehouse located?
The property is located at 710 NE 21st Ave Portland, OR.
What is the lease rate?
The lease rate is $12,500/Mo.
What are key features of this property?
This property features: Competitive rate at $1.00 gross (approximately $.80 psf NNN).; Excellent location: close to freeways, downtown, and the Pearl District.; Suitable for various uses, including light manufacturing or assembly.
(503) 705-6380 Call to check price and availability
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