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The Pratt Building 10234 NE Glisan St 3,440 SF of Flex Space Available in Portland, OR 97220
HIGHLIGHTS
- CXd Zoning – High-density, flexible use (office, light industrial, retail, more!)
- Heavy Power – 400amp 3-phase
- Kitchenette/break room + 2 Non-ADA Restrooms
- 9 Parking Spaces + Secure Fenced Area (fits 1-2 cars, ~50x50’)
- Full HVAC + Ventilation in Manufacturing Area
- Urban Renewal & Enterprise Zone Benefits
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 3,440 SF | Negotiable | $19.53 CAD/SF/YR $1.63 CAD/SF/MO $67,193 CAD/YR $5,599 CAD/MO | Triple Net (NNN) |
1st Floor
Located in Portland’s thriving Gateway Urban Renewal Area, this property sits near the crossroads of I-84 & I-205, with easy access to transit, growing businesses, and redevelopment incentives. A hub for economic growth, mixed-use spaces, and community investment—perfect for forward-thinking owners & tenants! ?? Key Features: ? CXd Zoning – High-density, flexible use (office, light industrial, retail, more!) ? 9 Parking Spaces + Secure Fenced Area (fits 1-2 cars, ~50x50’) ? Heavy Power – 400amp 3-phase ? Full HVAC + Ventilation in Manufacturing Area ? Kitchenette/break room + 2 Non-ADA Restrooms ? Urban Renewal & Enterprise Zone Benefits ?? Perfect for: Startups, makers, creative offices, light manufacturing, or investors looking for a high-growth area!
- Lease rate does not include utilities, property expenses or building services
- Central Air and Heating
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
| Total Space Available | 3,440 SF | Gross Leasable Area | 3,440 SF |
| Property Type | Retail | Year Built | 1949 |
| Property Subtype | Freestanding | Parking Ratio | 2.62/1,000 SF |
| Total Space Available | 3,440 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 3,440 SF |
| Year Built | 1949 |
| Parking Ratio | 2.62/1,000 SF |
ABOUT THE PROPERTY
?? Prime Commercial Space for Sale/Lease in Gateway, Portland! ?? ?? 10234 NE Glisan St, Portland, OR 97220 ?? Flex Office / Light Industrial | 3,440 SF | 7,919 SF Lot ?? Sale Price: $699,000 | ?? Lease Rate: $14/SF ($4,013/mo) + NNN (~$5/SF/yr, ~$1,400/mo) ?? Why Gateway? Located in Portland’s thriving Gateway Urban Renewal Area, this property sits near the crossroads of I-84 & I-205, with easy access to transit, growing businesses, and redevelopment incentives. A hub for economic growth, mixed-use spaces, and community investment—perfect for forward-thinking owners & tenants! ?? Key Features: ? CXd Zoning – High-density, flexible use (office, light industrial, retail, more!) ? 9 Parking Spaces + Secure Fenced Area (fits 1-2 cars, ~50x50’) ? Heavy Power – 400amp 3-phase ? Full HVAC + Ventilation in Manufacturing Area ? Kitchenette/break room + 2 Non-ADA Restrooms ? Urban Renewal & Enterprise Zone Benefits ?? Perfect for: Startups, makers, creative offices, light manufacturing, or investors looking for a high-growth area! ?? Contact now to tour or make an offer!
NEARBY MAJOR RETAILERS
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The Pratt Building | 10234 NE Glisan St
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