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    6545 Milwaukie Ave Portland, OR 97202

    Sponsored
    For Lease
    $30 SF/Yr ($12,167 /Mo)

    1600 SF Retail Sublease in Multnomah County

    Lot size:
    4,867 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,600 square foot retail sublease opportunity is located at 6545 SE Milwaukie Avenue in Portland, Oregon, within a larger 4,867 square foot strip center in Multnomah County (zip code 97202). The space, previously intended for a restaurant and leased by Basics Market, is currently in shell condition, offering a blank canvas for a new tenant's buildout. While never opened due to unforeseen circumstances, the space benefits from existing infrastructure left behind from its prior intended use, potentially reducing tenant improvement costs. This presents a unique chance to customize the space to perfectly fit your business needs. The property's prime location in Portland offers excellent visibility and accessibility, making it an ideal spot for a variety of retail ventures. The sublease is part of a multi-tenant strip center, providing a vibrant and established commercial environment. The available space is ready for immediate occupancy, allowing for a swift and efficient transition into your new location. This is a rare opportunity to secure a well-positioned retail space in a thriving Portland neighborhood at a competitive rate. Contact us today to schedule a viewing and explore the possibilities.

    Property Features for 6545 Milwaukie Ave

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    4,867 SF
    Total Rate
    12167.5

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,600 SF
    Rate per SF
    $30

    HighLights

    • Sublease through January 2031
    • 1,600 SF retail space in shell condition
    • In‑place grease trap
    • 1.5% annual rent escalations
    • Walk Score of 92
    Property Profile Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.649452
    Latitude
    45.4754034

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    FAQs

    What type of property is this?
    Neighborhood center - 1600 SF Retail Sublease in Multnomah County
    Where is this neighborhood center located?
    The property is located at 6545 Milwaukie Ave Portland, OR.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: Sublease through January 2031; 1,600 SF retail space in shell condition; In-place grease trap
    Request Owner's contact information
    6545 Milwaukie Ave Portland, OR 97202
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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
    6545 Milwaukie Ave Portland, OR 97202
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