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Retail Space on N Interstate
For Lease
$20 SF/Yr

7409 N Interstate Ave, Portland, OR 97217

Retail space with rare off-street parking and pylon signage.

Space Size1,584 SF
Days on Market207

Property Features for 7409 N Interstate Ave

General Information

Standard status Active
Size 1,584 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 1,584 SF

Spaces For Lease

at 7409 N Interstate Ave Contact us

7409 N Interstate Ave Retail $20/SF/Yr

Size
1,584 SF
Type
Free Standing Building
Term
Negotiable
Contact us
Listing Agency: Capacity Commercial Group
Listed By: Riley Henderson · License #OR #201212905
Source: Corfac
Added: Jan 26 Changed: Aug 21 Last Checked: Aug 21 at 4:41AM

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 Capacity Commercial Group

Investment Insights

Based on property information with market context.

This is a ± 1,584 square foot retail space located on N Interstate Avenue. The freestanding building is situated across the street from Fred Meyer and near New Seasons, in a high-visibility location between the Arbor Lodge and Kenton Neighborhoods. It is also near the Tri-Met MAX Yellow Line N Lombard TC Station. The space, formerly a sandwich shop, is suitable for retail or service uses. CM3 zoning allows for a variety of retail, service, and office uses. Recent renovations include a new roof, updated HVAC, and new LED interior and exterior lighting. Rare off-street parking is available, and pylon signage is an option.

Key Highlights

  • High‑visibility location on N Interstate Ave near Fred Meyer, New Seasons, and the Tri‑Met MAX Yellow Line.
  • ± 1,584 SF freestanding building suitable for retail or service uses.**
  • CM3 zoning allows for a variety of retail and service office uses.

Property Analytics

Current Use

OnPoint COVID Testing Laboratory

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Electrical Service Barber Shop Skin Care Clinic

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

768
Businesses Nearby

Demographics for 97217, OR

36,086
Population
17,038
Households
2.1
Avg Household Size
38
Median Age
59%
College-Educated
96%
High-School Grad
11.1 sq mi
ZIP Area
3,251
Density / Sq Mi
$100,387
Median Household Income
$56,790
Median Earnings
$1,789
Median Rent
$569,500
Median Home Value

Market

Lease Benchmarks for Portland, OR

$23.6 /SF/Yr
Avg Asking Price
$12–$38 /SF/Yr
Price Range
24,336 SF
Avg Space Size

This space is priced 15% below the average of $23.6 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space with rare off-street parking and pylon signage.
Where is this retail space located?
The property is located at 7409 N Interstate Ave Portland, OR.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: High‑visibility location on N Interstate Ave near Fred Meyer, New Seasons, and the Tri‑Met MAX Yellow Line.; ± 1,584 SF freestanding building suitable for retail or service uses.**; CM3 zoning allows for a variety of retail and service office uses.
More about this property
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