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2415-2419 SE 11th Ave 2,637 SF of Office/Retail Space Available in Portland, OR 97214
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 2nd Floor, Ste 2419 | 2,637 SF | Negotiable | $27.92 CAD/SF/YR $2.33 CAD/SF/MO $73,621 CAD/YR $6,135 CAD/MO | Triple Net (NNN) |
2nd Floor, Ste 2419
Location Description: East of Hwy 99, No. of SE Division, Between SE 10th & 11th.
- Lease rate does not include utilities, property expenses or building services
- Fits 7 - 22 People
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 | 2,637 SF | Gross Leasable Area | 5,000 SF |
| Property Type | Retail | Year Built | 1960 |
| Property Subtype | Storefront Retail/Office | Parking Ratio | 1.6/1,000 SF |
| Total Space Available | 2,637 SF |
| Property Type | Retail |
| Property Subtype | Storefront Retail/Office |
| Gross Leasable Area | 5,000 SF |
| Year Built | 1960 |
| Parking Ratio | 1.6/1,000 SF |
ABOUT THE PROPERTY
Suite 2419: 2,637 SF Office / Retail* Lease Rates: $20 / SF + NNN Available Now -------------------- Property Features: Renovations Done in 2022 Include: • Windows - Glazing Replaced • Roof - Re-Roofed • New HVAC Equipment Installed • Interior Improvements: New Carpet/Flooring, Drywall, Lighting and Paint • 2 Private Offices | 1 Conference Room | New Kitchenette • Restrooms: 3 ADA Common Area Restrooms on the Main Floor • Fenced Site with Automatic Gate Provides Enhanced Security • Bike Storage • Convenient Location Close to Public Transportation and SE Division Street • Owner is Flexible on Configurations and Willing to Demise if Necessary • Convenient Location Close to Public Transportation and SE Division Street • Zoning: The EX Zone Allows a Full Range of High Density Commercial, Light Industrial, Institutional and Residential Uses. Specific Allowable Uses Include but are Not Limited to: Office, Retail, Manufacturing, Production, Childcare and Schools. -------------------- Location Features: • Situated in the Heart of one of Portland’s Most Vibrant and Walkable Neighborhoods • Just Blocks from the Popular Division / Clinton and Hawthorne Corridors • Easy Access to Ladd’s Addition • Surrounded by Galleries, Boutique Shops, and Live Music Venues • Nearby Highlights Include New Seasons Market, Pine Street Biscuits, Pok Pok, Salt & Straw, Blue Star Donuts
- Fenced Lot
NEARBY MAJOR RETAILERS
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2415-2419 SE 11th Ave
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