Cornell Center — Lease in Beaverton, OR

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Beaverton, OR 97006

Description

1,480 SF Suite Available Operating Expenses Approximately $12.50/SF Parking Ratio: 5/1,000

Market Context

This retail in Beaverton, OR is listed for lease. It has been on the market for 195 days. Compare it against other retail listings for lease in Beaverton, OR — view the full market.

As of Q1 2026, the Portland retail market showed a 10.0% vacancy rate, average asking rents near $45.00/SF/yr, rents up 16.0% year over year, and cap rates around 6.4%. Source: multiple brokerage reports, Q1 2026.

Rising rents point to a competitive market where well-priced, well-located space leases quickly.

Retail market FAQ

What is the typical cap rate for retail in Portland?
About 6.4% as of Q1 2026, per multiple brokerage reports.
Is the Portland retail market tightening or softening?
Vacancy is around 10.0%, with asking rents rising year over year (Q1 2026).

Estimated Market Rate

$5.36/SF/mo – $7.25/SF/mo

Mid: $6.30/SF/mo

Rate-first confidence-weighted blend with cost-of-business adjustment.

Based on comparable properties in similar markets rather than local sales.

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