Retail Space Leasing Information
Located in the heart of the North Williams Corridor, The Shasta Building is a beautiful addition to this already thriving neighborhood. Shasta boasts a Walk Score of 83 (“Very Walkable”) and has great visibility to the 3,000 daily bike commuters passing by. Shasta allows mixed-uses, and favors artisan and light industrial and retail uses.
The booming North Williams Corridor runs south-to-north along North Williams Avenue, serving as the border between North and Northeast Portland. Once little more than a city commuting corridor, the area has exploded with development in recent years. Literally one of the hottest development zones in the city, North Williams now boasts numerous restaurants, pubs, shops, and of course bike-friendly retailers. With 3,000 bike commuters pedaling past the location each day, The Mt. Shasta Building will occupy a prime retail location in the heart of this exciting recent growth (which essentially extends from Fremont up to Skidmore). Naturally, the North Williams buzz is luring other major projects as well. Larger nearby developments underway right now include an $8 million New Seasons Market, a 160-unit complex called “Bakery Square,” a $7.5 million mixed-use project with 76 units, and a $7 million mixed-use project with 72 units. Market Analysis Numerous successful businesses occupy the area. Some of the more well known include: Hopworks, Cha!Cha!Cha!, Lompoc, Pix Pastisserie, Queen Bee Creations, Lincoln, Vergnetti’s, Ristretto Roasters, Tasty n sons, Yoga Shala, and Chocolate Craft Studio. With so many major developments on the cusp of completion and/or launch in the Corridor, it would be difficult to imagine a more auspicious time to consider locating a business in this area. For example: Being Built Now – Two Blocks North – The 4200 N. Williams project is a $7.5 million mixed-use development with 76 living units and 1st-floor retail. June 2012 – One Block North – The Albert apartment and retail project opens with 72 apartments and 4,800 square feet of Class A retail space 2013 – Three Blocks South – New Seasons Market opens. (It’s noteworthy that, as North Williams is one-way, most shoppers leaving New Seasons by car will pass our location.) 2013 – Three Blocks South – Bakery Blocks South, a 4-story, 160-unit apartment complex opens.
|Retail Space||1,516 RSF||*LEASED* Prime Retail Corner in the North Williams Corridor Retail corner space in a highly-visible prime location, at the corner of Williams and Shaver. The suite has 3 roll-up doors, sealed concrete floors, and signage opportunities. Ideal for use as retail, restaurant, or flex.|