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1407 SE Cora St 950 SF of Retail Space Available in Portland, OR 97202
Highlights
- busy SE Portland Traffic Corridor with many cafes, shops, bars, restaurants and housing
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, Ste 110 | 950 SF | 12’ | Negotiable | $35.55 CAD/SF/YR $2.96 CAD/SF/MO $33,771 CAD/YR $2,814 CAD/MO | Triple Net (NNN) |
1st Floor, Ste 110
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Central Air and Heating
- Private Restrooms
- Finished Ceilings: 12’
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
| Total Space Available | 950 SF | Gross Leasable Area | 2,425 SF |
| Property Type | Retail | Year Built | 2021 |
| Property Subtype | Restaurant |
| Total Space Available | 950 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,425 SF |
| Year Built | 2021 |
About the Property
A versatile 950 SF storefront located in a high-visibility corridor on SE Milwaukie Ave. This space offers a clean, industrial-modern feel with a layout optimized for bar, restaurant, retail, gym, creative studios, hair and tattoo salons and similar. Space Highlights: Infrastructure: Heavy electrical service and a dedicated HVAC system, commercial water heater Plumbing: Fully plumbed and "restaurant-ready" with an in-ground grease trap, floor sink. Finishes: Polished concrete floors and high-exposure storefront windows. Facilities: One private ADA-compliant restroom. Location Benefits: Located in a high-density SE Portland corridor, this prime storefront is anchored on the ground floor of the Cora Apartments. The location benefits from exceptional visibility and heavy foot traffic, sitting directly across from the Brooklyn Apartments, Adapt Coffee and Away Days Brewing. It is a strategic destination for any business looking to tap into a vibrant, growing community While ideal for a bar, cafe, or boutique eatery, the open layout suits many creative or retail uses. Lease Terms: Negotiable. Ready to see your new space? Contact us today for a tour! Visit our website: www.corapdx.com/ Call 503-740-4888 or email today and schedule an appointment to view this building and discuss details.
Nearby Major Retailers
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1407 SE Cora St
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