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Northrup Brothers 1120 NW 21st Ave
2,913 SF of Retail Space Available in Portland, OR 97209
Highlights
- Busy Corner Unit on NW 21st Ave.
- Strong Co-Tenant: Sherwin Williams
- Shared On-Site Parking
- Expansive Glass Line & Street Frontage
- High Foot & Commuter Traffic
- Walk Score: 97 Bike Score: 97
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,913 SF | Negotiable | $26.50 /SF/YR $2.21 /SF/MO $285.24 /m²/YR $23.77 /m²/MO $6,433 /MO $77,195 /YR | Triple Net (NNN) |
1st Floor
Features: - Natural Lighting from Skylights - Electrical, HVAC, & Seismic Upgrades - Newly Renovated Windows - Vestibule Entryway
- Lease rate does not include utilities, property expenses or building services
- Space In Need of Renovation
- Corner Space
- High Ceilings
- Exposed Ceiling
- Busy Corner Unit on NW 21st Ave.
- Expansive Glass Line & Street Frontage
- Strong Co-Tenant: Sherwin Williams
- High Foot & Commuter Traffic
- Shared On-Site Parking
- Walk Score: 97 Bike Score: 97
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT Northrup Brothers
- Tenant
- Description
- US Locations
- Reach
- Sherwin-Williams
- Paint/Wallpaper
- 5,757
- International
| Tenant | Description | US Locations | Reach |
| Sherwin-Williams | Paint/Wallpaper | 5,757 | International |
PROPERTY FACTS FOR 1120 NW 21st Ave , Portland, OR 97209
| Property Type | Retail | Gross Leasable Area | 6,500 SF |
| Property Subtype | Storefront Retail/Office | Year Built/Renovated | 1924/2020 |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 6,500 SF |
| Year Built/Renovated | 1924/2020 |
About the Property
Built in 1924 and renovated in 2020-2021, this warm-shell corner unit features huge storefront windows, exposed ceilings, and natural light provided by multiple skylights. The expansive glass line and street frontage on bustling NW 21st Ave. are guaranteed to give your business tons of exposure! Situated along the Streetcar line at the prominent intersection of NW 21st and Northrup, this space is conveniently close to I-405 and tons of dwellings, restaurants, entertainment, and shopping. The attached parking lot shared with strong co-tenant Sherwin Williams is an added bonus! Highlights: - Busy Corner Unit on NW 21st Ave. - High Foot & Commuter Traffic - Street Frontage - Expansive Glass Line - Natural Lighting - Strong Co-Tenant: Sherwin Williams - Electrical, HVAC, & Seismic Upgrades - Newly Renovated Windows - Vestibule Entryway - Shared On-Site Parking - Walk Score: 97 Bike Score: 97 - Zone: CM2 (Commercial Mixed-Use)
- Bus Line
- Commuter Rail
- Corner Lot
- Pylon Sign
- Signage
- Skylights
Nearby Major Retailers
-
Debbie Thomas -
Debbie Thomas Real Estate
Presented by
Northrup Brothers | 1120 NW 21st Ave
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