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    5150 Basin Ave Portland, OR 97217

    For Lease
    $8 SF/Yr

    Swan Island Warehouse: 25,150 SF Available

    Lot size:
    351,757 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional industrial property, located at 5150 N Basin Ave in Portland, Oregon's desirable Swan Island neighborhood (zip code 97217), offers a rare opportunity to lease a 25,150 square foot warehouse and distribution space. The building, part of the Premier Press Campus, boasts a total of 351,757 square feet and is currently configured for single-tenant occupancy. The available space features a generous 21-foot ceiling height, providing ample vertical storage capacity. Ten loading docks ensure efficient and streamlined operations. This prime location provides unparalleled access to Interstate 5, facilitating seamless transportation throughout the region. Its proximity to Portland's city center and marine terminals further enhances its strategic value for businesses requiring convenient access to major transportation hubs. The property is situated in Multnomah County and offers a significant advantage with its abundant loading dock positions relative to similarly sized spaces in the market. This is a unique opportunity to secure a well-located, functional, and spacious warehouse in a highly sought-after area of Portland.

    Property Features for 5150 Basin Ave

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    351,757 SF
    Total Rate
    239194.76

    Unit(s) available at that property

    Space
    Available Space
    Size
    25,150 SF
    Rate per SF
    $8

    HighLights

    • Swan Island Industrial Park location.
    • I‑5 and city center accessibility.
    • Ten‑position covered loading dock with ample truck staging.
    • Competitive lease rates and flexible lease terms.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Deal Buyer E-Commerce Service

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.6991848
    Latitude
    45.5605873

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    FAQs

    What type of property is this?
    Distribution property - Swan Island Warehouse: 25,150 SF Available
    Where is this distribution property located?
    The property is located at 5150 Basin Ave Portland, OR.
    What is the lease rate?
    The lease rate is $8 SF/Yr.
    What are key features of this property?
    This property features: Swan Island Industrial Park location.; I-5 and city center accessibility.; Ten-position covered loading dock with ample truck staging.
    Request Owner's contact information
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    Portland, OR 97217
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5150 Basin Ave Portland, OR 97217
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