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The Speedometer Bldg 528 NW 11th Ave 2,500 SF of Retail Space Available in Portland, OR 97209
HIGHLIGHTS
- Located in Portland’s Pearl District, surrounded by top dining, retail, and entertainment options.
- Includes private restroom, kitchenette, and up to 1,800 SF of usable basement storage.
- Accordion-style storefront and large window line create strong street presence and natural light.
- Recently renovated and seismically upgraded with an open, flexible floor plan and exposed beam ceilings.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,500 SF | Negotiable | $35.85 CAD/SF/YR $2.99 CAD/SF/MO $89,634 CAD/YR $7,469 CAD/MO | Triple Net (NNN) |
1st Floor
With its unbeatable window line and beautiful accordion doors, this prime retail space is sure to attract tons of foot traffic. Recently renovated with a wide open floor plan, private bathroom and up to 1800 SF of basement storage. Centrally located in Portland’s thriving Pearl District, this space is just steps away from main bus lines, the Streetcar, and I-405 freeway access. Businesses in the area include Powell’s Books, Farmhouse Kitchen Thai, Screen Door, Silk Road, Janken, Providence Park, and more. Also conveniently located near some of Portland’s most popular shops, services, and restaurants. Highlights: Ground floor space Amazing location in the Pearl Great glass line w/ large windows 1800 SF basement Functional accordion storefront High exposed beam ceilings Skylights offer tons of natural light Painted concrete floors Open floor plan Kitchenette Private restroom Seismically upgraded in 2010
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is in Excellent Condition
- Central Air Conditioning
- Kitchen
- Private Restrooms
- High Ceilings
- Exposed Ceiling
- Basement
- Ground floor space in the Pearl District
- Great glass line w/ large windows
- 1800 SF basement
- Functional accordion storefront
- Skylights offer tons of natural light
- High exposed beam ceilings
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 | 2,500 SF | Gross Leasable Area | 4,171 SF |
| Property Type | Retail | Year Built | 1925 |
| Property Subtype | Storefront | Parking Ratio | 2.4/1,000 SF |
| Total Space Available | 2,500 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 4,171 SF |
| Year Built | 1925 |
| Parking Ratio | 2.4/1,000 SF |
ABOUT THE PROPERTY
Located in the heart of Portland’s Pearl District, 528 NW 11th Ave is a beautifully renovated ground-floor retail space with excellent street visibility. Featuring large windows, a modern accordion-style storefront, and high exposed beam ceilings, the space is filled with natural light and character. The open floor plan includes a private restroom, kitchenette, and up to 1,800 SF of basement storage. Surrounded by popular destinations like Powell’s Books, Farmhouse Kitchen Thai, and Providence Park, this high-traffic location is easily accessible via major bus lines, the Streetcar, and I-405. The building was seismically upgraded in 2010 and is ideal for a variety of retail or showroom uses.
- Bus Line
- Commuter Rail
NEARBY MAJOR RETAILERS
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The Speedometer Bldg | 528 NW 11th Ave
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