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Kirkland Place SW Barnes Rd & NW 118th Ave 2,500 - 5,117 SF of Retail Space Available in Portland, OR 97229
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 2,500-5,117 SF | Negotiable | $42.00 /SF/YR $3.50 /SF/MO $214,914 /YR $17,910 /MO | Triple Net (NNN) |
11786 NW Cedar Falls Dr - 1st Floor
2,500 SF - 5,117 SF Divisible Space with Exclusive Patio Area. Lease Rate is $42 - $45.
- Lease rate does not include utilities, property expenses or building services
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 KIRKLAND PLACE
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- AFC Urgent Care
- Health Care and Social Assistance
- -
- -
- Dogtopia
- Services
- -
- -
- Even Hotel by IHG
- Accommodation and Food Services
- -
- -
- Wolfe Dental Cedar Mill
- Health Care and Social Assistance
- 1
- -
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| AFC Urgent Care | Health Care and Social Assistance | - | - |
| Dogtopia | Services | - | - |
| Even Hotel by IHG | Accommodation and Food Services | - | - |
| Wolfe Dental Cedar Mill | Health Care and Social Assistance | 1 | - |
PROPERTY FACTS
| Total Space Available | 5,117 SF | Frontage | 190’ on NW Barnes Rd |
| Min. Divisible | 2,500 SF | Gross Leasable Area | 14,200 SF |
| Center Type | Strip Center | Total Land Area | 1.76 AC |
| Stores | 4 | Year Built | 2023 |
| Center Properties | 2 |
| Total Space Available | 5,117 SF |
| Min. Divisible | 2,500 SF |
| Center Type | Strip Center |
| Stores | 4 |
| Center Properties | 2 |
| Frontage | 190’ on NW Barnes Rd |
| Gross Leasable Area | 14,200 SF |
| Total Land Area | 1.76 AC |
| Year Built | 2023 |
ABOUT THE PROPERTY
2,500 - 5,117 SF (Divisible) Retail / Restaurant / Medical Space at Kirkland Place • Anchored by Even Hotel by IHG -------------------- Space Available: 2,500 - 5,117 SF (Divisible) Lease Rate: $42 - $45 psf + NNN Available Now -------------------- Property Features: • Space Includes an Exclusive Patio Area • Anchored by Even Hotel by IHG and Adjacent to Market of Choice • Part of 100 Acre Timberland Master Plan with 50,000 SF of Retail Space, 1,100 Residential Units, a New Middle School, and 3 Miles of Walking Trails • Nearby Highlights Include Market of Choice, Orangetheory Fitness, Mudbay, Von Ebert Pizzeria & Taproom, Kukai Ramen & Izakaya, barre3, Starcycle, Dogtopia, Timberland Park, Banfield Pet Hospital and Gentle Dental -------------------- Location Features: • Along SW Barnes Rd. with Approximately 17,000 Vehicles Per Day • Located North of Sunset Hwy (26) • Established and Growing Neighborhood with Approx. 17,000 Residents Within 1 Mile • Close to Nike Headquarters with over 8,500 Employees, Providence St. Vincent Hospital, Columbia Sportswear, and Oregon Health & Science University
NEARBY MAJOR RETAILERS
