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7050 Martin Luther King Jr Blvd 1,300 SF of Retail Space Available in Portland, OR 97211
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,300 SF | 2-7 Years | $28.00 /SF/YR $2.33 /SF/MO $36,400 /YR $3,033 /MO | Triple Net (NNN) |
1st Floor
Possible parking lot lease available with 7036-7044. Excellent corner retail or service space available along one of Portland’s most visible and traveled corridors. Located at the signalized intersection of NE MLK Jr Blvd and NE Morgan Street, this flexible space offers great frontage, tall ceilings, and large display windows providing abundant natural light and strong street presence. Ideal for retail, showroom, or neighborhood service users seeking a high-exposure site in a growing trade area. Off-street parking and convenient access make it an attractive option for both destination and drive-by traffic. Formally cannabis use which owners approve to continue.
- Lease rate does not include utilities, property expenses or building services
- Space is in Excellent Condition
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 | 1,300 SF | Gross Leasable Area | 1,300 SF |
| Property Type | Retail | Year Built | 1958 |
| Property Subtype | Freestanding | Cross Streets | ne morgan street |
| Total Space Available | 1,300 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 1,300 SF |
| Year Built | 1958 |
| Cross Streets | ne morgan street |
About the Property
Strategically located on NE Martin Luther King Jr Blvd, this property benefits from strong daily traffic counts and easy access to Portland’s major eastside neighborhoods. The site sits minutes from Alberta Arts District, Dekum Triangle, and I-5, offering convenient connectivity for both customers and employees. The surrounding area has seen ongoing investment and redevelopment, making it an ideal spot for growing businesses seeking an established yet evolving commercial corridor.
- Bus Line
Nearby Major Retailers
