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Hollywood Market Square 4150-4152 NE Hancock 30,000 SF of Flex Space Available in Portland, OR 97212



HIGHLIGHTS
- Open location with ample parking, signage, and exposure
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| Lower Level | 30,000 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | Negotiable |
Lower Level
Full basement space in the heart of the Hollywood District. Located across from the Hollywood Theater. Rooftop and main level parking available. Other tenants are Planet Fitness, Barber Shop, Nail Salon, Thu's Fashion. Hollywood district between NE Sandy and NE Hancock and NE 41st and NE 42nd. Local bus lines are serviced by routes 12 and 75 which are located directly across the street from the property. Basement Area available for rent in Hollywood District - Possible build-outs available - Multiple small offices and creative spaces already built out - Rooftop parking for tenants and customers - Secure access Walk Score: 95 Transit Score:70 Bike Score: 99
- Space is in Excellent Condition
- Central Air Conditioning
- Private Restrooms
- Security System
- High Ceilings
- Corner location on busy street
- High exposure from multiple angles
- Natural light and open layout
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 | 30,000 SF | Total Land Area | 0.70 AC |
| Property Type | Retail | Year Built/Renovated | 1958/1995 |
| Gross Leasable Area | 65,000 SF | Parking Ratio | 1.92/1,000 SF |
| Total Space Available | 30,000 SF |
| Property Type | Retail |
| Gross Leasable Area | 65,000 SF |
| Total Land Area | 0.70 AC |
| Year Built/Renovated | 1958/1995 |
| Parking Ratio | 1.92/1,000 SF |
ABOUT THE PROPERTY
- Prime location, other area tenants include Rite Aid, Trader Joe's, 24 Hour Fitness, Whole Foods - Plenty of parking - exclusive roof top parking and extra parking lot available for tenants and customers - Located across the street from the Hollywood Theater and nearby many local parks, landmarks, and establishments - Strategically located in Hollywood district - Bus line on site
- Bus Line
- Signage
- Tenant Controlled HVAC
- Air Conditioning
NEARBY MAJOR RETAILERS
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Hollywood Market Square | 4150-4152 NE Hancock
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