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2314 NE Alberta St
850 - 3,250 SF of Retail Space Available in Portland, OR 97211
Highlights
- Trendy retail-warehouse aesthetic: high-ceilings, exposed wood, bow-trusses, concrete floors
- Frontage on busy Alberta street, incl. glass overhead door
- Patio space opportunity in back yeard
- Shell condition for different build-out designs
- 2 ADA restrooms
- Walk in cooler and bonus basement storage space
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
Space | Size | Term | Rental Rate | Rent Type | ||
1st Floor | 850-3,250 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $258.33 /m²/YR $21.53 /m²/MO $6,500 /MO $78,000 /YR | Triple Net (NNN) |
1st Floor
- Lease rate does not include utilities, property expenses or building services
- Trendy retail-warehouse aesthetic
- Shell condition for different build out designs
- Glass overhead door to Alberta St
- 2 ADA restrooms
- Patio space opportunity
- Walk in cooler and bonus basement storage
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.
PROPERTY FACTS FOR 2314 NE Alberta St , Portland, OR 97211
Min. Divisible | 850 SF | Year Built | 1929 |
Property Type | Retail | Parking Ratio | 3.08/1,000 SF |
Property Subtype | Freestanding | Cross Streets | ne 23rd ave |
Gross Leasable Area | 3,250 SF |
Min. Divisible | 850 SF |
Property Type | Retail |
Property Subtype | Freestanding |
Gross Leasable Area | 3,250 SF |
Year Built | 1929 |
Parking Ratio | 3.08/1,000 SF |
Cross Streets | ne 23rd ave |
About the Property
Converted warehouse retail in the heart of NE Alberta! 2314 NE Alberta St, Portland, OR 97211 Lease the whole space or just one space Total leasable space is approximately 850 SF - 3250 SF $24/SF per year plus NNN The former Cruz Room is located at NE 23rd and Alberta, right in the heart of the Alberta Arts District near many shops, restaurants, bars, and businesses. This space is also right on the TriMet bus line (stop out front) and a couple blocks from the busy Going Street bike boulevard! The space is demisable and can be leased as one large unit or as two separate retail units. It is currently in shell condition with an open layout to accommodate different build-out designs. Landlord is open to helping with some improvements. Building Features: - Great retail-warehouse aesthetic: high-ceilings, exposed wood, bow-trusses, concrete floors - Shell condition for different build-out designs - Glass overhead door that opens onto Alberta Street - Frontage on busy Alberta Street - 2 ADA restrooms - Patio space opportunity in backyard - Plus bonus storage in the unfinished basement (shared basement) - Walk-in cooler Featured, neighboring local businesses: - Pine State Biscuits - Great Notion Brewing - Euphoria Food - Wun Two barber - Lesley Evers clothing - Chilango Vegan Mexican - Food cart pod - Thicket Garden Center - The Knock Back - Le Chat Du Cafe - Baerlic Beer Co - Many, many more
- Bus Line
- Signage
Nearby Major Retailers
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2314 NE Alberta St
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