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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

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
  • 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)
Space Use
Office/Retail
Condition
Partial Build-Out
Availability
120 Days

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
  • 850 SF
  • Negotiable
  • $21.00 /SF/YR $1.75 /SF/MO $17,850 /YR $1,488 /MO
  • Triple Net (NNN)
Space Use
Office/Retail
Condition
-
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • 1st Floor, Ste 2027
  • 900 SF
  • Negotiable
  • $21.00 /SF/YR $1.75 /SF/MO $18,900 /YR $1,575 /MO
  • Triple Net (NNN)
Space Use
Office/Retail
Condition
-
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
  • 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)
Space Use
Office/Retail
Condition
-
Availability
Now
  • Lease rate does not include utilities, property expenses or building services
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

Size
5,750 SF
Term
Negotiable
Rental Rate
$15.00 /SF/YR $1.25 /SF/MO $86,250 /YR $7,188 /MO
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Condition
Partial Build-Out
Availability
120 Days

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

Size
850 SF
Term
Negotiable
Rental Rate
$21.00 /SF/YR $1.75 /SF/MO $17,850 /YR $1,488 /MO
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Condition
-
Availability
Now

  • Lease rate does not include utilities, property expenses or building services

1st Floor, Ste 2027

Size
900 SF
Term
Negotiable
Rental Rate
$21.00 /SF/YR $1.75 /SF/MO $18,900 /YR $1,575 /MO
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Condition
-
Availability
Now

  • Lease rate does not include utilities, property expenses or building services

2nd Floor, Ste 2033

Size
1,500 SF
Term
Negotiable
Rental Rate
$21.00 /SF/YR $1.75 /SF/MO $31,500 /YR $2,625 /MO
Rent Type
Triple Net (NNN)
Space Use
Office/Retail
Condition
-
Availability
Now

  • 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
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.

Walk Score ®
Walker's Paradise (92)
Transit Score ®
Excellent Transit (76)
Bike Score ®
Biker's Paradise (100)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

Starbucks
Orangetheory Fitness
Denny's
Red Robin
Bank of Montreal
Little Big Burger
U.S. Bank
CrossFit
Peet's Coffee
Wells Fargo
  • Listing ID: 22588643

  • Date on Market: 12/19/2024

  • Last Updated:

  • Address: 2021-2033 NE Martin Luther King Jr Blvd, Portland, OR 97212

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