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The Kailes Building 120-120 NW 23rd Ave
4,850 SF of Retail Space Available in Portland, OR 97210
Highlights
- Securely located on the 2nd floor
- On trendy NW 23rd w/ tons of foot traffic
- Close to public transit
- Built-in bar & kitchen
- Formerly an upscale pool hall and wine bar
- Near some of Portland’s best shops & restaurants
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
Space | Size | Term | Rent | Service Type | ||
2nd Floor, Ste 120 | 4,850 SF | Negotiable | £15.53 /SF/PA £1.29 /SF/MO £167.18 /m²/PA £13.93 /m²/MO £75,327 /PA £6,277 /MO | Modified Gross |
2nd Floor, Ste 120
RESTAURANT, SPEAKEASY, BAR, RETAIL - APPROX. 4,800 SQUARE FEET Formerly an upscale pool hall and wine bar for 20+ years, this iconic, full floor space is securely located on the 2nd level and has a built-in bar and kitchen. Steps away from some of Portland’s best shops, eateries, and bars on trendy NW 23rd Ave. Quickly accessed via bus and Streetcar with great local and tourist traffic, this location is unbeatable. An occupancy rating of A2* allows for a variety of office/service/retail options. * Tenant to verify
- Listed rate may not include certain utilities, building services and property expenses
- Kitchen
- Private Restrooms
- Securely located on the 2nd floor
- Built-in bar & kitchen
- On trendy NW 23rd w/ tons of foot traffic
- Formerly an upscale pool hall and wine bar
- Close to public transit
- Near some of Portland’s best shops & restaurants
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 agent 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 The Kailes Building
- Tenant
- Description
- US Locations
- Reach
- Crossroads Trading Co
- Unisex Apparel
- 53
- National
Tenant | Description | US Locations | Reach |
Crossroads Trading Co | Unisex Apparel | 53 | National |
PROPERTY FACTS FOR 120-120 NW 23rd Ave , Portland, OR 97210
Property Type | Retail | Gross Internal Area | 9,600 SF |
Property Subtype | Storefront Retail/Residential | Year Built | 1910 |
Property Type | Retail |
Property Subtype | Storefront Retail/Residential |
Gross Internal Area | 9,600 SF |
Year Built | 1910 |
About the Property
RESTAURANT, SPEAKEASY, BAR, RETAIL - APPROX. 4,800 SQUARE FEET Formerly an upscale pool hall and wine bar for 20+ years, this iconic, full floor space is securely located on the 2nd level and has a built-in bar and kitchen. Steps away from some of Portland’s best shops, eateries, and bars on trendy NW 23rd Ave. Quickly accessed via bus and Streetcar with great local and tourist traffic, this location is unbeatable. An occupancy rating of A2* allows for a variety of office/service/retail options. * Tenant to verify
- Bus Route
- Commuter Rail
- Signage
Nearby Major Retailers
Presented by
The Kailes Building | 120-120 NW 23rd Ave
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