Your email has been sent.
Bldg B 2020 NE Cornell Rd 1,255 SF of Retail Space Available in Hillsboro, OR 97124
Highlights
- Highly Exposed Monument and Store signage
- High Daytime traffic
- Easy access from NE Cornell RD
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste #C | 1,255 SF | Negotiable | $26.77 /SF/YR $2.23 /SF/MO $33,596 /YR $2,800 /MO | Triple Net (NNN) |
1st Floor, Ste #C
Former Subway Restaurant Space for Lease – Hillsboro Airport Center Position your restaurant in one of Hillsboro’s most visible and high-traffic retail corridors. This former Subway location is situated within the well-established Hillsboro Airport Center, directly on busy NE Cornell Road, with immediate proximity to Intel campuses, Hillsboro Airport, and the Sunset Corridor. This turnkey restaurant opportunity offers an efficient layout ideal for a variety of quick-service or fast-casual concepts. The space comes fully equipped with existing restaurant fixtures, significantly reducing startup costs and time to open. Property Highlights Prime location with excellent visibility and strong daily traffic counts Located in a high-demand commercial corridor near major employers Existing Subway buildout (approx. 1,200–1,800 SF typical layout) Excludes restaurant equipment, furniture, and fixtures Walk-in cooler and walk-in freezer in place Functional kitchen and prep area designed for efficient operationsAmple parking and easy customer access Surrounded by established retail and service businesses Ideal Uses Perfectly suited for: Sandwich / deli concept Grab-and-go or quick-service restaurant Healthy food or specialty concept Note: To maintain tenant mix, the following uses are restricted: Korean, Vietnamese, Chinese, Pizza, Ramen, Mongolian, Teriyaki, and coffee shop. Location Advantages Minutes from Intel and major tech employment hubs Close proximity to Hillsboro Airport Strong daytime population and commuter traffic Located within a neighborhood retail center with steady foot traffic Summary This is a rare opportunity to lease a second-generation restaurant space in a prime Hillsboro location with existing infrastructure in place, allowing a new operator to open quickly and cost-effectively.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Fast Food Restaurant
- Located in-line with other retail
- Space is in Excellent Condition
- Central Air Conditioning
- Freezer Space
- Display Window
- Fully buillt sandwitch shop- the former Subway res
- Furniture & equipment are not included; Negotiabl
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 Bldg B
- Tenant
- Description
- US Locations
- Reach
- CHOMI
- Retailer
- 1
- -
- Liberty Tax
- Acctg/Tax Prep
- 3,955
- International
- Ninja Ramen
- Restaurant
- 1
- -
- O'brien's Pub
- Cocktail Bar
- 1
- -
- Subway
- Sub Sandwich
- 28,858
- International
- Umma Korean Restaurant
- Restaurant
- 1
- -
| Tenant | Description | US Locations | Reach |
| CHOMI | Retailer | 1 | - |
| Liberty Tax | Acctg/Tax Prep | 3,955 | International |
| Ninja Ramen | Restaurant | 1 | - |
| O'brien's Pub | Cocktail Bar | 1 | - |
| Subway | Sub Sandwich | 28,858 | International |
| Umma Korean Restaurant | Restaurant | 1 | - |
Property Facts
| Total Space Available | 1,255 SF | Total Land Area | 2.08 AC |
| Property Type | Retail | Year Built | 1980 |
| Property Subtype | Fast Food | Parking Ratio | 80/1,000 SF |
| Gross Leasable Area | 8,485 SF |
| Total Space Available | 1,255 SF |
| Property Type | Retail |
| Property Subtype | Fast Food |
| Gross Leasable Area | 8,485 SF |
| Total Land Area | 2.08 AC |
| Year Built | 1980 |
| Parking Ratio | 80/1,000 SF |
About the Property
Former Subway Restaurant Space for Lease – Hillsboro Airport Center Position your restaurant in one of Hillsboro’s most visible and high-traffic retail corridors. This former Subway location is situated within the well-established Hillsboro Airport Center, directly on busy NE Cornell Road, with immediate proximity to Intel campuses, Hillsboro Airport, and the Sunset Corridor. This turnkey restaurant opportunity offers an efficient layout ideal for a variety of quick-service or fast-casual concepts. The space comes fully equipped with existing restaurant fixtures, significantly reducing startup costs and time to open. Property Highlights Prime location with excellent visibility and strong daily traffic counts Located in a high-demand commercial corridor near major employers Existing Subway buildout (approx. 1,200–1,800 SF typical layout) not Includes restaurant equipment, furniture, and fixtures Walk-in cooler and walk-in freezer in place Functional kitchen and prep area designed for efficient operations Ample parking and easy customer access Surrounded by established retail and service businesses Ideal Uses Perfectly suited for: Sandwich / deli concept Grab-and-go or quick-service restaurant Healthy food or specialty concept Note: To maintain tenant mix, the following uses are restricted: Korean, Vietnamese, Chinese, Pizza, Ramen, Mongolian, Teriyaki, and coffee shop. Location Advantages Minutes from Intel and major tech employment hubs Close proximity to Hillsboro Airport Strong daytime population and commuter traffic Located within a neighborhood retail center with steady foot traffic Summary-This is a rare opportunity to lease a second-generation restaurant space in a prime Hillsboro location with existing infrastructure in place, allowing a new operator to open quickly and cost-effectively.
- Bus Line
- Pylon Sign
- Signage
Nearby Major Retailers
Presented by
Realty First
Bldg B | 2020 NE Cornell Rd
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.