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12412 NE Halsey St 1,932 - 2,756 SF of Retail Space Available in Portland, OR 97230
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 12412 | 1,932-2,756 SF | Negotiable | $18.00 /SF/YR $1.50 /SF/MO $49,608 /YR $4,134 /MO | Triple Net (NNN) |
1st Floor, Ste 12412
Location: Prime retail space located at 12412 NE Halsey St, Portland, OR 97230, in the vibrant Gateway commercial district. Space Type: Retail space ideal for small businesses, service providers, or office use. Condition: Shell condition, ready for tenant customization to suit specific business needs. Accessibility: Excellent access to major freeways, including I-205 and I-84, with proximity to Portland International Airport. Public Transit: Conveniently located near the E 122nd MAX Blue Line station for easy access via TriMet Rail. Parking: Off-street parking available, enhancing convenience for customers and employees. Signage: Opportunities for building and pylon signage along NE Halsey St for maximum visibility. Lease Type: Triple Net (NNN) lease, with tenant responsible for proportional share of building expenses.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as Standard Retail Space
- Highly Desirable End Cap Space
- Central Air and Heating
- Private Restrooms
- Corner Space
- Drop Ceilings
- Recessed Lighting
- Smoke Detector
- High Exposure Retail - Halsey & 122nd
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 12412 NE HALSEY ST, PORTLAND, OR 97230
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Remote Control Hobbies
- Retailer
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Remote Control Hobbies | Retailer | 1 | - |
PROPERTY FACTS
| Total Space Available | 2,756 SF | Gross Leasable Area | 2,756 SF |
| Min. Divisible | 1,932 SF | Year Built | 1974 |
| Property Type | Retail | Parking Ratio | 2.5/1,000 SF |
| Property Subtype | Freestanding |
| Total Space Available | 2,756 SF |
| Min. Divisible | 1,932 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 2,756 SF |
| Year Built | 1974 |
| Parking Ratio | 2.5/1,000 SF |
ABOUT THE PROPERTY
Overview: Situated in the bustling Gateway commercial district of Portland, OR, the property at 12404-12420 NE Halsey St (including 12412) offers a prime retail opportunity with excellent visibility and accessibility. This single or multi-tenant retail building spans 829, 1,932, 2,838 or 6,586 SF, with additional space considerations up to 9,424 SF, ideal for a variety of retail, office, or service-oriented businesses. The property is strategically located in a high-traffic corridor with strong demographics and proximity to major retailers and transit options. Location: Located on NE Halsey St, this property benefits from a high-traffic count of 25,398 vehicles per day (VPD) east of NE 122nd, ensuring maximum exposure. The site is less than half a mile from I-205 and I-84, providing seamless access to regional transportation networks and Portland International Airport. The E 122nd MAX Blue Line station (TriMet Rail) is nearby, offering convenient public transit access for employees and customers. Space Details: Condition: Shell condition, allowing for flexible tenant improvements to meet specific business requirements. Bathroom built out existing Parking: Off-street parking available, enhancing convenience for customers and staff. Signage: Opportunities for prominent building and pylon signage along NE Halsey St to maximize brand visibility. Lease Type: Triple Net (NNN) lease, with tenants responsible for a proportional share of building expenses. Area Highlights: Retail Synergy: Surrounded by major retailers such as Goodwill, Bi-Mart, Planet Fitness, Dollar Tree, WinCo Foods, MOD Pizza, and Starbucks within a half-mile radius, creating a vibrant commercial hub. Demographics: The Gateway area features strong population density and consumer spending, ideal for retail and service businesses. Accessibility: Proximity to major freeways (I-205, I-84) and public transit (MAX Blue Line) ensures easy access for a broad customer base. Amenities: Close to restaurants, shopping, and services, enhancing convenience for tenants and their clients. Ideal Uses: This property is well-suited for retail, office, or service-oriented businesses looking to capitalize on high visibility, strong traffic counts, and a strategic location in Northeast Portland’s Gateway district. The flexible shell space allows for customization to meet diverse tenant needs, from boutique retail to professional offices.
- Bus Line
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
