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10951 SE 21st Ave 2,212 SF of Retail Space Available in Milwaukie, OR 97222
Highlights
- Newly remodeled storefront with new windows and doors, HVAC, lighting, floor coverings, ADA compliant
- Located near the Milwaukie Max station and Bus transit mall.
- $35OO mo ($19.09 sq ft, annual) includes NNN expenses and 1000 sf ft of bonus lower level space.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Ceiling
- Term
- Rental Rate
- Rent Type
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 2,212 SF | 8’ | 5-7 Years | $26.44 CAD/SF/YR $2.20 CAD/SF/MO $58,495 CAD/YR $4,875 CAD/MO | Modified Gross |
1st Floor
- Listed rate may not include certain utilities, building services and property expenses
- Fully Built-Out as Standard Retail Space
- Located in-line with other retail
- Central Air and Heating
- Private Restrooms
- Secure Storage
- Emergency Lighting
- After Hours HVAC Available
- Finished Ceilings: 8’
- Private Restrooms
- Wheelchair Accessible
- Ready to move in. Just add fixtures.
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 | 2,212 SF | Gross Leasable Area | 2,880 SF |
| Property Type | Retail | Year Built | 1957 |
| Property Subtype | Storefront Retail/Office |
| Total Space Available | 2,212 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 2,880 SF |
| Year Built | 1957 |
About the Property
Elevate your brand in the heart of Milwaukie’s thriving downtown core. This unique 2,200 SF opportunity features a completely remodeled 1,200 ground-floor retail space boasting a brand new storefront with new windows and doors, high visibility, modern flooring, new HVAC and updated lighting. Included in the lease is a 1,000 SF dry, concrete basement with 8 ft ceilings, providing rare-to-find storage capacity or secondary operational space for downtown businesses. This "split-level" utility is ideal for retailers requiring on-site inventory, creative studios, or professional services needing a private back-office.
- 24 Hour Access
- Corner Lot
- Freeway Visibility
- Signage
- Tenant Controlled HVAC
- Storage Space
- Air Conditioning
Nearby Major Retailers
Presented by
Suburban Explorations, Inc
10951 SE 21st Ave
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