Chateau Mississippi — Lease in Portland, OR

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Portland, OR 97227
  • Year built: 2014

Description

Chateau Mississippi - Available for lease

Market Context

This retail in Portland, OR is listed for lease. The building dates to 2014. It has been on the market for 209 days. Compare it against other retail listings for lease in Portland, 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.

Explore this market

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