Retail Space on NW
For Lease
Contact for pricing
1120 NW 21st Ave., Portland, OR 97209
Renovated retail space with high visibility and natural light.
Space Size2,913 SF
Property Size6,500 SF
Days on Market821
Property Features for 1120 NW 21st Ave.
General Information
Standard status
Active
Size
2,913 SF
Property subtype
Retail
Building Details
Building Size
6,500 SF
Year Built
1924
Tenancy
Multiple
Spaces For Lease
at 1120 NW 21st Ave. Contact us- Size
- 2,913 SF
- Type
- Retail
- Availability
- Active
Available Space
Listing Agency:
Debbie Thomas Commercial Real Estate
Listed By:
Debbie Thomas · License #OR
Source:
Crexi
Added: May 24, 2024
Changed: Aug 17
Last Checked: Aug 21 at 1:47PM
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 Debbie Thomas Commercial Real Estate
Investment Insights
Based on property information with market context.
This corner unit, built in 1924 and renovated between 2020 and 2021, offers a warm-shell space featuring large storefront windows, exposed ceilings, and natural light enhanced by multiple skylights. The property benefits from a significant glass line and street frontage on NW 21st Avenue. Located along the Streetcar line at the intersection of NW 21st and Northrup, the space provides convenient access to I-405 and is surrounded by residential dwellings, including apartments, condos, and homes, as well as various restaurants, entertainment venues, and shopping options. An attached parking lot is shared with Sherwin Williams.
Key Highlights
- High‑exposure corner unit with expansive storefront windows on NW 21st Ave.
- Prime location on the Streetcar line at NW 21st and Northrup.
- Renovated in 2020‑2021.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.97 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
6,639
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97209, OR
22,755
Population
16,437
Households
1.4
Avg Household Size
38
Median Age
66%
College-Educated
96%
High-School Grad
1.0 sq mi
ZIP Area
22,755
Density / Sq Mi
$84,059
Median Household Income
$68,731
Median Earnings
$1,669
Median Rent
$573,700
Median Home Value
Market
Lease Benchmarks for Portland, OR
$26.81 /SF/Yr
Avg Asking Price
$19–$32 /SF/Yr
Price Range
12,698 SF
Avg Space Size
This space is priced 1% below the average of $26.81 /SF/Yr.
Vacancy Rate% for Retail in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Renovated retail space with high visibility and natural light.
Where is this storefront property located?
The property is located at 1120 NW 21st Ave. Portland, OR.
What is the lease rate?
The lease rate is $26.50 SF/Yr.
What are key features of this property?
This property features: High‑exposure corner unit with **expansive storefront windows on NW 21st Ave.**; Prime location on the Streetcar line at NW 21st and Northrup.; Renovated in 2020‑2021.
