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Warehouse For Lease • 65,760 SF
| Name | Space Use | Size | Rent | Details |
|---|---|---|---|---|
| 1st Floor Ste | Industrial | 65,760 SF | $9.84 USD/SF/YR | |
Current single tenant has been in place since 1989, will be vacating the building in Q2 2026 The space is 13,990 SF of Flexible Space usage Paid Annually: Property taxes: $115,945 Building Insurance: $39,523 Backflow testing: $608 Fire Sprinkler systems testing: $1,464 Catch Basin Cleaning: $585 Paid Semi Annual: Security system: $1,272 to $2,544 Paid Quarterly: HVAC Maintenance: $2,169 to $8,676 Paid Monthly: Land Line $129 to $1,548 Landscape maintenance - average: $1,300 to $15,600 Parking lot sweep: $185 to $2,220. Fixed cost (ex-Prop Tax): $72,768. $1.1066. $0.0922 Fixed cost (w/ Prop Tax): $188,713. $2.8697. $0.2391 No Reserves included No management cost included.
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Positioned in the heart of Washington County’s thriving tech corridor, 1880 SW Merlo Drive offers a rare opportunity to lease a highly functional industrial/flex asset in Beaverton’s Enterprise Zone. This 65,760 SF concrete tilt-up building sits on 7.56 acres and features a versatile layout with warehouse, assembly, and conditioned office space. With 18’ clear height in the primary warehouse, 4 dock-high doors, and robust 480V 3-phase power (1,600+ AMPS), the property is well-suited for advanced manufacturing, logistics, or R&D operations. The site benefits from SCE-1 zoning, allowing for flexible use and future development potential with a 2.0 FAR and 100’ height limit. Located adjacent to the Merlo MAX Blue Line station and near major infrastructure like the PGE St. Marys substation, the property offers exceptional connectivity and utility access. Over 200 parking stalls support a wide range of workforce-intensive uses. As part of Beaverton’s Enterprise Zone, qualifying new investments may be eligible for up to five years of property tax exemption—an attractive incentive for expanding or relocating businesses. With the current long-term tenant vacating in Q1 2026, this asset presents a compelling opportunity for owner-users, investors, or developers seeking a strategic foothold in the Portland metroplex.
| Located in Beaverton’s Enterprise Zone with potential 5-year property tax exemption |
| 65,760 SF concrete tilt-up building with 18’ clear height and flexible interior layout |
| Robust power infrastructure with 480V 3-phase 1,600+ AMPS |
| Adjacent to MAX Blue Line Merlo Station and near PGE St. Marys Substation |
| SCE-1 zoning allows for 2.0 FAR and up to 100’ building height for future development |
| Over 200 parking stalls support high employee density or customer traffic |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Beaverton Transit Center (West Side Express) (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) | 8 min | - | 3.2 mi |
| Hall/Nimbus (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) | 12 min | - | 6.1 mi |
| Transit/Subway | Drive | Walk | Distance |
| Merlo Road/SW 158th Avenue (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) | 1 min | 7 min | 0.3 mi |
| Elmonica/SW 170th Avenue (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) | 3 min | 9 min | 0.5 mi |
| Beaverton Creek (MAX Blue Line - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) | 4 min | 20 min | 1.0 mi |
| Airport | Drive | Walk | Distance |
| Portland International | 37 min | - | 23.1 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 200 |
| Type: | Surface |
| Included in Rent: | Yes |
