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Division Center 11930-12122 SE Division St 21,239 SF of Retail Space Available in Portland, OR 97266
Highlights
- High traffic intersection
- Plenty of parking
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 11930 | 21,239 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor, Ste 11930
Former Rite Aid
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.
Select Tenants at Division Center
- Tenant
- Description
- US Locations
- Reach
- Crunch Fitness
- Fitness
- 775
- International
- Grocery Outlet
- Supermarket
- 686
- National
- Papa Murphy's Take N' Bake Pizza
- Pizza
- 1,419
- International
- Petco
- Animal Care/Groom
- 1,736
- National
- Portland Eco Laundry
- Services
- 1
- Local
- Showtime Barbershop PDX
- -
- 1
- -
| Tenant | Description | US Locations | Reach |
| Crunch Fitness | Fitness | 775 | International |
| Grocery Outlet | Supermarket | 686 | National |
| Papa Murphy's Take N' Bake Pizza | Pizza | 1,419 | International |
| Petco | Animal Care/Groom | 1,736 | National |
| Portland Eco Laundry | Services | 1 | Local |
| Showtime Barbershop PDX | - | 1 | - |
Property Facts
| Total Space Available | 21,239 SF | Year Built | 1987 |
| Property Type | Retail | Parking Ratio | 4.58/1,000 SF |
| Gross Leasable Area | 94,742 SF | Cross Streets | SE 122nd Ave |
| Total Land Area | 8.02 AC |
| Total Space Available | 21,239 SF |
| Property Type | Retail |
| Gross Leasable Area | 94,742 SF |
| Total Land Area | 8.02 AC |
| Year Built | 1987 |
| Parking Ratio | 4.58/1,000 SF |
| Cross Streets | SE 122nd Ave |
About the Property
Busy shopping center located on SE Division & 122nd Ave anchored by Grocery Outlet and Petco. Located just minutes from Montavilla, Lents, and Powellhurst-Gilbert, Division Center draws from one of the city’s most vibrant, multicultural, and growing populations. Offers convenient parking for customers and employees, ensuring ease of access to all businesses within the center. Please call for details.
- Pylon Sign
- Signalized Intersection
Nearby Major Retailers
Contacts
-
Jeff Olson -
Alex MacLean IV -
Kelli Maks -
Alex MacLean III -
Commercial Realty Advisors NW
