Eliot Tower — Lease in Portland, OR

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Retail Business
  • Location: Portland, OR 97205

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Description

1,721 SF Ground Retail Space | Eliot Tower Class A Downtown Retail Space Elliot Tower features 18 stories with 223 residential condos, making this Retail space an ideal location, attracting building residents as well as visitors.

Market Context

This retail in Portland, OR is listed for lease. Compare it against other retail listings for lease in Portland, OR — view the full market.

As of Q2 2026, the Portland retail market showed a 4.7% vacancy rate, and average asking rents near $23.78/SF/yr. Source: multiple brokerage reports, Q2 2026.

Tight vacancy keeps competition for quality space elevated.

Retail market FAQ

Is the Portland retail market tightening or softening?
Vacancy is around 4.7% (Q2 2026).

Estimated Market Rate

$1.66/SF/mo – $2.24/SF/mo

Mid: $1.95/SF/mo

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

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