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Space Availability (12)

Display Rental Rate as

  • Space
  • Size
  • Term
  • Rental Rate
  • Rent Type
  • 1st Floor, Ste Bldg 1 - Retail 1
  • 2,311 SF
  • Negotiable
  • $36.00 /SF/YR $3.00 /SF/MO $83,196 /YR $6,933 /MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • 1st Floor, Ste Bldg 1 - Retail 2
  • 1,928 SF
  • Negotiable
  • $36.00 /SF/YR $3.00 /SF/MO $69,408 /YR $5,784 /MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • 1st Floor, Ste Bldg 2 - Retail 1
  • 2,311 SF
  • Negotiable
  • $36.00 /SF/YR $3.00 /SF/MO $83,196 /YR $6,933 /MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • 1st Floor, Ste Bldg 2 - Retail 2
  • 1,928 SF
  • Negotiable
  • $36.00 /SF/YR $3.00 /SF/MO $69,408 /YR $5,784 /MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • 1st Floor, Ste Bldg 3 - Retail 1
  • 2,311 SF
  • Negotiable
  • $36.00 /SF/YR $3.00 /SF/MO $83,196 /YR $6,933 /MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • 1st Floor, Ste Bldg 3 - Retail 2
  • 1,928 SF
  • Negotiable
  • $36.00 /SF/YR $3.00 /SF/MO $69,408 /YR $5,784 /MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • 1st Floor, Ste Bldg 4 - Retail 1
  • 2,311 SF
  • Negotiable
  • $36.00 /SF/YR $3.00 /SF/MO $83,196 /YR $6,933 /MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • 1st Floor, Ste Bldg 4 - Retail 2
  • 1,928 SF
  • Negotiable
  • $36.00 /SF/YR $3.00 /SF/MO $69,408 /YR $5,784 /MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • 1st Floor, Ste Bldg 5 - Retail 1
  • 2,311 SF
  • Negotiable
  • $36.00 /SF/YR $3.00 /SF/MO $83,196 /YR $6,933 /MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • 1st Floor, Ste Bldg 5 - Retail 2
  • 1,928 SF
  • Negotiable
  • $36.00 /SF/YR $3.00 /SF/MO $69,408 /YR $5,784 /MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • 1st Floor, Ste Bldg 6 - Retail 1
  • 2,311 SF
  • Negotiable
  • $36.00 /SF/YR $3.00 /SF/MO $83,196 /YR $6,933 /MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
  • 1st Floor, Ste Bldg 6 - Retail 2
  • 1,928 SF
  • Negotiable
  • $36.00 /SF/YR $3.00 /SF/MO $69,408 /YR $5,784 /MO
  • Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail
Space Size Term Rental Rate Rent Type
1st Floor, Ste Bldg 1 - Retail 1 2,311 SF Negotiable $36.00 /SF/YR $3.00 /SF/MO $83,196 /YR $6,933 /MO Triple Net (NNN)
1st Floor, Ste Bldg 1 - Retail 2 1,928 SF Negotiable $36.00 /SF/YR $3.00 /SF/MO $69,408 /YR $5,784 /MO Triple Net (NNN)
1st Floor, Ste Bldg 2 - Retail 1 2,311 SF Negotiable $36.00 /SF/YR $3.00 /SF/MO $83,196 /YR $6,933 /MO Triple Net (NNN)
1st Floor, Ste Bldg 2 - Retail 2 1,928 SF Negotiable $36.00 /SF/YR $3.00 /SF/MO $69,408 /YR $5,784 /MO Triple Net (NNN)
1st Floor, Ste Bldg 3 - Retail 1 2,311 SF Negotiable $36.00 /SF/YR $3.00 /SF/MO $83,196 /YR $6,933 /MO Triple Net (NNN)
1st Floor, Ste Bldg 3 - Retail 2 1,928 SF Negotiable $36.00 /SF/YR $3.00 /SF/MO $69,408 /YR $5,784 /MO Triple Net (NNN)
1st Floor, Ste Bldg 4 - Retail 1 2,311 SF Negotiable $36.00 /SF/YR $3.00 /SF/MO $83,196 /YR $6,933 /MO Triple Net (NNN)
1st Floor, Ste Bldg 4 - Retail 2 1,928 SF Negotiable $36.00 /SF/YR $3.00 /SF/MO $69,408 /YR $5,784 /MO Triple Net (NNN)
1st Floor, Ste Bldg 5 - Retail 1 2,311 SF Negotiable $36.00 /SF/YR $3.00 /SF/MO $83,196 /YR $6,933 /MO Triple Net (NNN)
1st Floor, Ste Bldg 5 - Retail 2 1,928 SF Negotiable $36.00 /SF/YR $3.00 /SF/MO $69,408 /YR $5,784 /MO Triple Net (NNN)
1st Floor, Ste Bldg 6 - Retail 1 2,311 SF Negotiable $36.00 /SF/YR $3.00 /SF/MO $83,196 /YR $6,933 /MO Triple Net (NNN)
1st Floor, Ste Bldg 6 - Retail 2 1,928 SF Negotiable $36.00 /SF/YR $3.00 /SF/MO $69,408 /YR $5,784 /MO Triple Net (NNN)

1st Floor, Ste Bldg 1 - Retail 1

Size
2,311 SF
Term
Negotiable
Rental Rate
$36.00 /SF/YR $3.00 /SF/MO $83,196 /YR $6,933 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

1st Floor, Ste Bldg 1 - Retail 2

Size
1,928 SF
Term
Negotiable
Rental Rate
$36.00 /SF/YR $3.00 /SF/MO $69,408 /YR $5,784 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

1st Floor, Ste Bldg 2 - Retail 1

Size
2,311 SF
Term
Negotiable
Rental Rate
$36.00 /SF/YR $3.00 /SF/MO $83,196 /YR $6,933 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

1st Floor, Ste Bldg 2 - Retail 2

Size
1,928 SF
Term
Negotiable
Rental Rate
$36.00 /SF/YR $3.00 /SF/MO $69,408 /YR $5,784 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

1st Floor, Ste Bldg 3 - Retail 1

Size
2,311 SF
Term
Negotiable
Rental Rate
$36.00 /SF/YR $3.00 /SF/MO $83,196 /YR $6,933 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

1st Floor, Ste Bldg 3 - Retail 2

Size
1,928 SF
Term
Negotiable
Rental Rate
$36.00 /SF/YR $3.00 /SF/MO $69,408 /YR $5,784 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

1st Floor, Ste Bldg 4 - Retail 1

Size
2,311 SF
Term
Negotiable
Rental Rate
$36.00 /SF/YR $3.00 /SF/MO $83,196 /YR $6,933 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

1st Floor, Ste Bldg 4 - Retail 2

Size
1,928 SF
Term
Negotiable
Rental Rate
$36.00 /SF/YR $3.00 /SF/MO $69,408 /YR $5,784 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

1st Floor, Ste Bldg 5 - Retail 1

Size
2,311 SF
Term
Negotiable
Rental Rate
$36.00 /SF/YR $3.00 /SF/MO $83,196 /YR $6,933 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

1st Floor, Ste Bldg 5 - Retail 2

Size
1,928 SF
Term
Negotiable
Rental Rate
$36.00 /SF/YR $3.00 /SF/MO $69,408 /YR $5,784 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

1st Floor, Ste Bldg 6 - Retail 1

Size
2,311 SF
Term
Negotiable
Rental Rate
$36.00 /SF/YR $3.00 /SF/MO $83,196 /YR $6,933 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

1st Floor, Ste Bldg 6 - Retail 2

Size
1,928 SF
Term
Negotiable
Rental Rate
$36.00 /SF/YR $3.00 /SF/MO $69,408 /YR $5,784 /MO
Rent Type
Triple Net (NNN)
Space Use
Retail
Condition
Shell Space
Availability
March 01, 2027

Restaurant / Retail / Service

  • Lease rate does not include utilities, property expenses or building services
  • Located in-line with other retail

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 25,434 SF
Property Type Retail
Gross Leasable Area 25,434 SF
Year Built 2027
Construction Status Under Construction

About the Property

Multiple Ground Floor Restaurant / Retail / Service Spaces Available in New Mixed-Use Development Space Available: 1,321 SF - 2,311 SF Lease Rates: $34 - $36 psf + NNN Availability: Fall 2026 - Spring 2027 --------------- Property Features: • Multiple Suites Available in Mixed-Use Buildings with Commercial Parking • Seeking Restaurant, Retail, Small Fitness, Wine Bar, Service User • Brand New Mixed-Use Development site at River Terrace Location Features: • Within New River Terrace Mixed Use Development • Close Proximity to Progress Ridge, Murray Scholls, and Murrayhill

Attachments

Axiom_Ave_Flyer
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Starbucks
KeyBank
Chase Bank
Bank of America
IHOP
Planet Fitness
My Gym
U.S. Bank
Baja Fresh
Mod Pizza
  • Listing ID: 39631457

  • Date on Market: 3/2/2026

  • Last Updated:

  • Address: 13920-13935 SW Mercantile Terrace, Sherwood, OR 97140

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