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Grand Central 808 SE Morrison St 1,331 - 7,509 SF of Space Available in Portland, OR 97214
Space Availability (2)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor, Ste 833 | 1,331-4,459 SF | Negotiable | $27.00 /SF/YR $2.25 /SF/MO $120,393 /YR $10,033 /MO | Triple Net (NNN) | ||
| 2nd Floor, Ste Mezzanine Office | 3,050 SF | Negotiable | $25.00 /SF/YR $2.08 /SF/MO $76,250 /YR $6,354 /MO | Triple Net (NNN) |
1st Floor, Ste 833
Seeking Entertainment Venue / Restaurant / Cafe/Bar Uses; See flyer for demising options for smaller SF uses
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Space In Need of Renovation
2nd Floor, Ste Mezzanine Office
- Lease rate does not include utilities, property expenses or building services
- Fits 8 - 25 People
- 7 Private Offices
- Central Air and Heating
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.
Site Plan
Select Tenants at Grand Central
- Tenant
- Description
- US Locations
- Reach
- Corepower Yoga
- Fitness
- 244
- National
- Grand Central Lanes
- Bowling/Billiards
- 1
- Local
- Yum's of PDX
- Accommodation and Food Services
- 1
- -
| Tenant | Description | US Locations | Reach |
| Corepower Yoga | Fitness | 244 | National |
| Grand Central Lanes | Bowling/Billiards | 1 | Local |
| Yum's of PDX | Accommodation and Food Services | 1 | - |
Property Facts
| Total Space Available | 7,509 SF | Gross Leasable Area | 81,950 SF |
| Min. Divisible | 1,331 SF | Year Built/Renovated | 1930/2007 |
| Property Type | Retail | Parking Ratio | 1.96/1,000 SF |
| Property Subtype | Freestanding |
| Total Space Available | 7,509 SF |
| Min. Divisible | 1,331 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 81,950 SF |
| Year Built/Renovated | 1930/2007 |
| Parking Ratio | 1.96/1,000 SF |
About the Property
2nd-Generation Restaurant / Retail / Service and Office Space in Buckman Neighborhood -------------------- Office Space: ±3,050 SF (Mezzanine Level) Lease Rate: $25 psf NNN Available Now Retail Suite 833: 1,331 - 4,459 SF (Street Level) Lease Rate: $27 psf NNN Available 30 Day Notice -------------------- Property Features: • 2nd Generation Restaurant / Retail / Service and Office Space • Customer Parking Options include On-street, Off-street, and a Large Parking Garage. • Parking Ratio 1.96 / 1,000 SF • Co-tenants include Grand Central Bowl & Arcade, Subway, Taqueria Portland, CorePower Yoga, and Lush Collective Salon, Yum’s PDX Pizza, WELCOME MISS ORANGE! -------------------- Location Features: • Adjacent to the Goat Blocks (247 Unit Apartments) • Located in the “Walkable” SE Neighborhood of Buckman with nearby Transit including Portland Streetcar and TriMet Bus Lines 6, 12, 19, 20, and 70. • Nearby Inner Eastside Highlights: Afuri, Bao Bao, Olympia Provisions, Dos Hermanos Bakery, Market of Choice, Kachka, Cascade Brewing Barrel House, Hopscotch, Portland Coffee Roasters, Ironside Training and more.
- Pylon Sign
- Signage
Nearby Major Retailers
