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Geneva Knauls Building 5601 NE Martin Luther King Jr Blvd 1,072 - 2,163 SF of Retail Space Available in Portland, OR 97211
Highlights
- Lots of natural light
- Grease trap
- Vinyl flooring
- Hood vent
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 1 | 1,072 SF | Negotiable | $24.00 /SF/YR $2.00 /SF/MO $25,728 /YR $2,144 /MO | Triple Net (NNN) | ||
| 1st Floor, Ste 2 | 1,091 SF | Negotiable | $22.00 /SF/YR $1.83 /SF/MO $24,002 /YR $2,000 /MO | Triple Net (NNN) |
1st Floor, Ste 1
Former space of Joe Brown's Lounge
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Highly Desirable End Cap Space
- Private Restrooms
- Corner Space
- Drop Ceilings
- Wheelchair Accessible
- Grease trap, hood vent, restroom, laundry room
1st Floor, Ste 2
Retail space with vinyl flooring, lots of windows, two restrooms, and a storage closet.
- Lease rate does not include utilities, property expenses or building services
- Private Restrooms
- Drop Ceilings
- Secure Storage
- Natural light
- Private restrooms
- Storage closet
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 Geneva Knauls Building
- Tenant
- Description
- US Locations
- Reach
- Geneva's Shear Perfection Barber & Beauty Salon
- Salon/Barber/Spa
- 1
- -
- Joe Brown's Carmel Corn
- Accommodation and Food Services
- -
- -
| Tenant | Description | US Locations | Reach |
| Geneva's Shear Perfection Barber & Beauty Salon | Salon/Barber/Spa | 1 | - |
| Joe Brown's Carmel Corn | Accommodation and Food Services | - | - |
Property Facts
| Total Space Available | 2,163 SF | Year Built | 1978 |
| Property Type | Retail | Parking Ratio | 7.4/1,000 SF |
| Property Subtype | Freestanding | Cross Streets | Ne Jessup Street |
| Gross Leasable Area | 2,163 SF |
| Total Space Available | 2,163 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 2,163 SF |
| Year Built | 1978 |
| Parking Ratio | 7.4/1,000 SF |
| Cross Streets | Ne Jessup Street |
About the Property
Corner stand-alone building with two retail spaces located on the corner of NE Martin Luther King Jr Blvd and NE Jessup. The corner suite has a grease trap and venting for a hood, laundry, and one restroom. The inline suite has two restrooms and a closet. Both suites have one complete wall of windows and lots of natural light. There is a parking lot with fourteen spaces for off-street parking. There is a pylon sign for signage.
- Corner Lot
- Fenced Lot
- Pylon Sign
- Restaurant
- Signage
- Wheelchair Accessible
Nearby Major Retailers
Contact the Leasing Agent
Geneva Knauls Building | 5601 NE Martin Luther King Jr Blvd