18618 Burnside St Portland, OR 97233
The Aviva Building, a brand-new Class A property (2023 construction) at 18618 E Burnside St, Portland, OR 97233 (cross street: 188th), offers exceptional retail and office space. This single building comprises 22,027 square feet, divisible into units as small as 1,090 square feet, allowing for flexibility to suit various business needs. The space is available as a warm vanilla shell, providing tenants with the opportunity for customized build-outs. High-exposure ground floor units boast excellent signage opportunities. The building benefits from convenient access to the MAX light rail line and multiple access points for ease of entry and exit. Its proximity to I-84 ensures excellent regional accessibility. Enjoy stunning Mt. Hood views. On-site parking is available for tenants and employees. A generous tenant improvement allowance is offered. Floor plans are available to illustrate the various space configurations. This is a truly exceptional opportunity in a vibrant Portland location.
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.