FOR LEASE 1621 NE GRAND AVENUE • PORTLAND, OR

RETAIL . SERVICE

BRAD MACOMBER Senior Advisor Director of Leasing [email protected] commercialintegritynw.com OR 200908061 | WA 95748 503.218.4380 LEASE OFFERING

1621 NE GRAND AVENUE

Two Spaces Available . . . 1,225 SF and 1,270 SF Year Built . . . 1946 Rate . . . $28.00 PSF NNN Daytime Population (3-Mile) . . . 303,062 Uses . . . Retail, Service Walk Score . . . 90 (Walker’s Paradise) Delivery . . . Summer 2020 Transit Score . . . 80 (Excellent Transit) Zoning . . . CXd Bike Score . . . 99 (Biker’s Paradise) LEASE OFFERING

1621 NE Grand Avenue is a retail building offering two available spaces for lease in Portland’s Northeast quadrant. The retail spaces are centrally located with accessibility from three major Northeast Portland thoroughfares: Grand Avenue, Broadway Street and Weidler Street. The property also benefits from three points of ingress/egress and provides off-street parking. Neighboring tenants include Verizon Wireless, Walgreens, 7-Eleven, Starbucks and Chipotle and the co-tenant at the property is T-Mobile (424 NE Broadway Street) with whom the parking lot is shared. The location is exposed to 64,402+ vehicles per day traveling in front of the property. Broadway and Weidler Streets are east/west-traveling major thoroughfares that connect close-in Northeast to Portland’s Downtown and Central Business District via the Broadway Bridge. Grand Avenue ( Route 99E) runs as a north/south arterial through Portland’s central Eastside connecting with MLK Jr. Boulevard as it continues North of the property. The retail spaces are available immediately and are ideally suited for a coffee shop or service tenant. Short-term triple-net leases are available.

• EASILY ACCESSIBLE CLOSE-IN NORTHEAST PORTLAND LOCATION

• LOCATED ONLY 8 MINUTES FROM DOWNTOWN PORTLAND CBD

• BLOCKS FROM OREGON CONVENTION CENTER AND MODA CENTER

• TRIMET BUS AND B LOOP STREET CAR STOPS ACROSS THE STREET

• APPROXIMATELY 24 ON-SITE PARKING STALLS AVAILABLE FOR USE

• EXPOSED TO 64,402+ VPD ALONG NE GRAND, WEIDLER & BROADWAY

• SHORT-TERM TRIPLE-NET LEASES AVAILABLE AERIAL MAP

DOWNTOWN PORTLAND – 2.6 MILES

NE BROADWAY & GRAND

NE Martin Luther King Jr Blvd – 22,328+ VPD

NE Grand Ave – 22,402+ VPD NE Weidler St – 21,207+ VPD

NE Broadway St – 19,109+ VPD

N AERIAL MAP

N Broadway Bridge

W y w H ic if c NE BROADWAY & GRAND a P

NE Broadway St e v

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NE Grand Ave

LLOYD DISTRICT

NE Multnomah St

NE Martin Luther King Jr Blvd DEMOGRAPHICS

1 Mile 3 Miles 5 Miles

AVG HOUSEHOLD INCOME $63,854 $71,079 $70,935 # OF HOUSEHOLDS 14,810 116,465 193,955 NE BROADWAY & GRAND POPULATION 27,828 237,451 452,399

PORTLAND MSA POPULATION 2,523,506 (2020 Estimate) MULTNOMAH COUNTY 812,855 (2019 Estimate) MALL 1,472,000-Square Foot Shopping Mall

TRAFFIC COUNTS 21,207 VPD Along NE Weidler Street 22,402 VPD Along NE Grand Avenue 20,793 VPD Along NE Broadway Street

NE BROADWAY & GRAND