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2021-2033 NE Martin Luther King Jr Blvd
850 - 9,000 SF of Office/Retail Space Available in Portland, OR 97212
![2021-2033 NE Martin Luther King Jr Blvd, Portland, OR for lease - Building Photo - Image 1 of 18](https://images1.loopnet.com/i2/6PMa84UOvbhc-0c2J13IQjeSCiCbRhk23sYz5Rm-Ses/110/2021-2033-NE-Martin-Luther-King-Jr-Blvd-Portland-OR-Building-Photo-1-Large.jpg)
![2021-2033 NE Martin Luther King Jr Blvd, Portland, OR for lease - Building Photo - Image 2 of 18](https://images1.loopnet.com/i2/HKJU2PbaaOPt9nCzP8T8zFNpfpbFv2UB0X-Wmvz1UBA/110/2021-2033-NE-Martin-Luther-King-Jr-Blvd-Portland-OR-Building-Photo-2-Large.jpg)
![2021-2033 NE Martin Luther King Jr Blvd, Portland, OR for lease - Interior Photo - Image 3 of 18](https://images1.loopnet.com/i2/bUA4P8lLqFCstBjGpt-uoLqct9oJ27d0M9I9tE-ZNtA/110/2021-2033-NE-Martin-Luther-King-Jr-Blvd-Portland-OR-Interior-Photo-3-Large.jpg)
Highlights
- Neighbors include a salon, coffee shop & a yoga studio
- Less than 2 miles to Portland’s Central Business District
- Close in Northeast location
- High traffic location
Space Availability (4)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor, Ste 2021 | 5,750 SF | Negotiable | $15.00 /SF/YR $1.25 /SF/MO $86,250 /YR $7,188 /MO | Triple Net (NNN) | ||
1st Floor, Ste 2025 | 850 SF | Negotiable | $21.00 /SF/YR $1.75 /SF/MO $17,850 /YR $1,488 /MO | Triple Net (NNN) | ||
1st Floor, Ste 2027 | 900 SF | Negotiable | $21.00 /SF/YR $1.75 /SF/MO $18,900 /YR $1,575 /MO | Triple Net (NNN) | ||
2nd Floor, Ste 2033 | 1,500 SF | Negotiable | $21.00 /SF/YR $1.75 /SF/MO $31,500 /YR $2,625 /MO | Triple Net (NNN) |
1st Floor, Ste 2021
Fully conditioned space. Warehouse with high ceilings and mezzanine. Newly insulated, new energy efficient windows, rollup garage door. Brand new HVAC. Newly remodeled office/reception area. Would be perfect for a gym. Neighbors include yoga studio, hair salon, and coffee shop.
- Lease rate does not include utilities, property expenses or building services
- Mostly Open Floor Plan Layout
- Central Air Conditioning
- Reception Area
- High Ceilings
- Exposed Ceiling
1st Floor, Ste 2025
- Lease rate does not include utilities, property expenses or building services
1st Floor, Ste 2027
- Lease rate does not include utilities, property expenses or building services
2nd Floor, Ste 2033
- Lease rate does not include utilities, property expenses or building services
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.
SITE PLAN
PROPERTY FACTS FOR 2021-2033 NE Martin Luther King Jr Blvd , Portland, OR 97212
Property Type | Retail | Year Built | 1928 |
Property Subtype | Freestanding | Parking Ratio | 0.56/1,000 SF |
Gross Leasable Area | 10,750 SF |
Property Type | Retail |
Property Subtype | Freestanding |
Gross Leasable Area | 10,750 SF |
Year Built | 1928 |
Parking Ratio | 0.56/1,000 SF |
About the Property
Previously a Dog Daycare, this flexible retail space is the perfect location for a variety of businesses. Situated within an urban retail strip center with close proximity to Downtown Portland and Lloyd Center, all while being located within the Broadway District which offers ample visibility. Bring your business to this 5,750 urban retail strip center, within a prime location and other well established businesses.
Nearby Major Retailers
![Starbucks Starbucks](https://images1.loopnet.com/i2/V11gp9X1QvF-sYuRU43vwjphTt976BD4p9n50Z1aR1w/105/image.png)
![Orangetheory Fitness Orangetheory Fitness](https://images1.loopnet.com/i2/naJx9KdE3g4Fn2fsYhHa6YTpce1mCJ4Jvp2VfZKSXAE/105/image.png)
![Denny's Denny's](https://images1.loopnet.com/i2/3QV-TttQPX7pjJhpUituDabg8TTvWanf13famF2Xuao/105/image.png)
![Red Robin Red Robin](https://images1.loopnet.com/i2/FBM7m101dfQP8g5Ld6bDFLiUazGucIzThcc_nb681SE/105/image.png)
![Bank of Montreal Bank of Montreal](https://images1.loopnet.com/i2/T-ADtBuyLNdYRr3JQDXZiEQ5X8OE3O7bw3BEJmwD2QA/105/image.png)
![Little Big Burger Little Big Burger](https://images1.loopnet.com/i2/lS1X36XGLPAyfakn1YAlBXO6tymLUZyKAK1S-ANidfs/105/image.jpg)
![U.S. Bank U.S. Bank](https://images1.loopnet.com/i2/rZttZINYn_GHjJVkNtyEXopTYiFoq89bwYlwRKVtM5w/105/image.png)
![CrossFit CrossFit](https://images1.loopnet.com/i2/aSsB08i-779PUNp3JZr3bRm5vgsXyAUxyxLsqXk9LQs/105/image.jpg)
![Peet's Coffee Peet's Coffee](https://images1.loopnet.com/i2/xdFJDUuum6XFOB3DBx_IX3y-Z_AS9n9uq201AVlyhdM/105/image.png)
![Wells Fargo Wells Fargo](https://images1.loopnet.com/i2/YKv59pEcyNr7CJV4ywtyg4lRlWD7n8NPteVIZSxnd38/105/image.png)
Presented by
![CRMG](https://images1.loopnet.com/i2/3cJdYQbjDqnQ_0XNU2pCzkxxt_ult0_tvZe9xv6SCd4/105/image.jpg)
2021-2033 NE Martin Luther King Jr Blvd
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