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Retail and storefront spaces in Portland are integral to the city’s diverse commercial landscape. Lease terms for retail and storefront spaces in Portland typically favor longer commitments, with 3-5 year leases being the most common at 37.59%. Medium-term leases (1-2 years) make up 29.57%, while short-term leases of less than one year account for 5.26%. Long-term commitments of 5+ years make up 18.07%, indicating a preference for stability in key retail corridors.in neighborhoods like the Pearl District and Alberta Arts District. Retailers value areas that combine foot traffic with community engagement, making central commercial corridors highly desirable. As consumer patterns evolve, retail spaces that integrate lifestyle elements will continue to thrive.
TenantBase is a technology platform built specifically for tenants. We make the process to find and lease space easier by combining our unique technology with experienced local commercial real estate brokers.
Neighborhood | Average Available SQFT | Average Rate / SQFT PER Month | NUMBER OF AVAILABLE SUITES |
---|---|---|---|
Beaverton | 2,200 | $2.85 / SF | < 30 |
Bradley Corner | 2,100 | $2.33 / SF | < 30 |
Buckman Neighborhood | 1,200 | $2.65 / SF | 67 |
Downtown Portland | 2,200 | $2.64 / SF | 50 |
Gresham | 1,500 | $2.41 / SF | < 30 |
Happy Valley | 2,000 | $2.33 / SF | < 30 |
Hawthorne | 1,000 | $2.51 / SF | < 30 |
Hillsboro | 2,800 | - | < 30 |
Milwaukie | 1,200 | $1.92 / SF | < 30 |
Northwest District | 1,700 | $2.08 / SF | < 30 |
Oregon City | 4,200 | $1.67 / SF | < 30 |
Pearl District | 1,600 | $2.74 / SF | < 30 |
Portland International Airport | 2,000 | $1.65 / SF | < 30 |
Progess | 2,100 | $2.33 / SF | < 30 |
Sunnyside | 2,400 | $1.88 / SF | < 30 |
Tigard | 1,500 | $2.44 / SF | < 30 |