Portland, Oregon, is a prime location for investing in warehouses, with 52 available listings offering a range of opportunities for businesses and investors. Warehouses in Portland can represent a variety of investments, from distribution centers and manufacturing facilities to storage spaces and logistics hubs. With its strategic location at the confluence of the Willamette and Columbia rivers, Portland offers easy access to major transportation routes, including the MAX light rail system, the Portland Streetcar, and major highways like I-5, I-405, and I-205. The city's infrastructure, combined with its strong economy and highly educated workforce, make it an attractive location for businesses in industries such as marine shipping, technology, athletic/outdoor gear, and coffee roasters. Additionally, Portland is home to several major companies, including Nike, Adidas, and Columbia Sportswear, which can provide opportunities for partnerships and collaborations. The city's amenities, including Legacy Emanuel and Legacy Good Samaritan hospitals, Randall's Children's Hospital, and numerous parks and recreation facilities, also make it an attractive location for businesses and residents alike.
Warehouses in Portland are just one of the many property types available in the city, which also includes industrial properties, land, residential income homes, and commercial real estate. Industrial properties in Portland offer opportunities for manufacturing and production, while land provides a blank canvas for development and construction. Residential income homes, on the other hand, offer a chance to invest in Portland's thriving housing market, and commercial real estate provides opportunities for retail, office, and restaurant spaces. With its diverse economy, highly educated workforce, and strong infrastructure, Portland is an attractive location for businesses and investors looking to invest in warehouses and other property types. The city's unique blend of outdoor recreation opportunities, cultural attractions, and economic growth make it an ideal location for businesses and residents alike, with attractions like the Oregon Brewers Festival, the Spring Beer and Wine Festival, and the Portland International Beerfest drawing visitors from across the country.
What are the key features investors look for in warehouses in Portland?
When searching for warehouses in Portland, investors typically look for properties that offer a combination of strategic location, functional space, and potential for returns, considering factors such as:
- Proximity to major transportation hubs, including the Portland International Airport, Union Station, and highways like I-5, I-405, and U.S. 26, to facilitate efficient logistics and supply chain management.
- Functional warehouse space with features like high ceilings, loading docks, and ample parking, as well as the potential for customization and expansion to meet specific business needs.
- A strong potential for returns, considering the average cap rate of 8.66%, average price per square foot of $194 USD, and average size of 32,042 square feet, with some warehouses offering as much as 131,472 square feet of space.
What size warehouses are available to buy in Portland?
Warehouses for sale in Portland range in size from 32,042 square feet to 131,472 square feet, with an average price per square foot of $194 USD and an average cap rate of 8.66%, offering a variety of options for businesses and investors looking to own a warehouse in this prime location.
How much does it cost to buy a warehouse in Portland?
As of now, there are 52 available warehouse listings in Portland, with an average price per square foot of $194 USD and an average size of 32,042 square feet, ranging from smaller options to larger spaces of up to 131,472 square feet, and with an average cap rate of 8.66%.
