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North Harbor Plaza 925 N Anchor Way
1,600 - 3,900 SF of Retail Space Available in Portland, OR 97217
Highlights
- Only retail space in community with parking lot
- High daytime traffic off Marine Drive
- Low potential for competition
- Close proximity to Interstate 5
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,600 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $38,400 /YR $3,200 /MO | Triple Net (NNN) | ||
| 1st Floor | 2,300 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $55,200 /YR $4,600 /MO | Triple Net (NNN) |
915-925 N Anchor Way - 1st Floor
Former Subway deli space, with entrances on Anchor Way and Marine Drive. Two private bathrooms and a small office adjacent to the former kitchen space. Easy conversion for use such as sushi, poke, or other types of food service that do not require a full kitchen and hood.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Fast Food Restaurant
- Central Air and Heating
- Private Restrooms
- Corner Space
- Exposed Ceiling
- Common Parts WC Facilities
- DDA Compliant
915-925 N Anchor Way - 1st Floor
Turnkey restaurant space with video lottery operation in mind.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Central Air and Heating
- Security System
- High Ceilings
- Exposed Ceiling
- Ventilation - Venting
- Wheelchair Accessible
- High-visibility location, Off-street parking
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 925 N Anchor Way , Portland, OR 97217
| Center Type | Strip Center | Frontage | 425’ on Marine Way |
| Parking | 47 Spaces | Gross Leasable Area | 9,110 SF |
| Stores | 5 | Total Land Area | 0.79 AC |
| Center Properties | 1 | Year Built | 2004 |
| Center Type | Strip Center |
| Parking | 47 Spaces |
| Stores | 5 |
| Center Properties | 1 |
| Frontage | 425’ on Marine Way |
| Gross Leasable Area | 9,110 SF |
| Total Land Area | 0.79 AC |
| Year Built | 2004 |
About the Property
Situated at the only entrance for a neighborhood of approximately 1,100 residents along with three Marriott hotels, low competition for food service in the area, average household income of $100k+/yr. High traffic corner unit with 16,080+ vehicles/day along NE Martin Luther King Jr Boulevard and 8,352+ vehicles/day along N Marine Drive. Parking lot with 47 bays with immediate access to I-5.
- 24 Hour Access
- Bus Line
- Corner Lot
- Tenant Controlled HVAC
- Monument Signage
- Air Conditioning
Nearby Major Retailers
Presented by
Dexter Property Management LLC
North Harbor Plaza | 925 N Anchor Way
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