6545 Milwaukie Ave Portland, OR 97202
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.