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Retail Space for Lease
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511 SE Morrison Street, Portland, OR 97214

Retail space available for lease in Portland, Oregon.

Space Size1,413 SF
Days on Market1229

Property Features for 511 SE Morrison Street

General Information

Standard status Active
Size 1,413 SF
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 1,413 SF
Tenancy Multiple

Spaces For Lease

at 511 SE Morrison Street Contact us

Available Space

Size
1,413 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Commercial Realty Advisors Northwest LLC
Listed By: Ashley Heichelbech · License #OR 200509097
Source: Crexi
Added: Apr 4, 2023 Changed: Aug 8 Last Checked: Aug 12 at 11:59AM

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 retail space is available for lease. The property is located at 511 SE Morrison Street, Portland, OR 97214.

Key Highlights

  • For Lease

Property Analytics

Current Use

Columbia Land Trust Property Management Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Veterinary Clinic Tanning Salon Supermarket Buffet

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
$3.30 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,064
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

$23.65 /SF/Yr
Avg Asking Price
$12–$38 /SF/Yr
Price Range
21,687 SF
Avg Space Size

This space is priced 7% below the average of $23.65 /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 available for lease in Portland, Oregon.
Where is this retail space located?
The property is located at 511 SE Morrison Street Portland, OR.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: For Lease
(503) 274-0211 Call to check price and availability
More about this property
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