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Restaurants for Lease in Portland

NON HOODED for Lease in Portland, OR
New
Non Hooded
For Lease
Contact for rate
1742 SW 6th Ave, Portland, OR 97201, USA1,867 sq ft
  • 3-Comp Sink

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Multi-Use Fast Casual Restaurant for Lease in Portland, OR
Photo 1 of 3
Fast Casual
3 photos
For Lease
$1,580/moNNN
Est. $1,580/mo all-in · 125 SF
3137 NE 82nd Ave, Portland, OR 97220, USA100-150 sq ft
  • Parking
  • Shared Seating

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NON HOODED for Lease in Portland, OR
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Non Hooded
2 photos
For Lease
Contact for rate
1988 SW Broadway suite 180, Portland, OR 97201, USA2,563 sq ft
  • Outdoor
  • 3-Comp Sink

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Full Restaurant for Lease in Portland, OR
Photo 1 of 7
Full Restaurant
7 photos
For Lease
Contact for rate
631 SW Harrison St suite 120, Portland, OR 97201, USA2,998 sq ft
  • Bar Area
  • Turnkey

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Multi-Use Ghost Kitchen for Lease in Portland, OR
Photo 1 of 7
Ghost Kitchen
7 photos
For Lease
Contact for rate
602 SE 11th Ave, Portland, OR 97214, USA2,105 sq ft
  • Parking
  • Walk-In Cooler

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Multi-Use Ghost Kitchen for Lease in Portland, OR
Photo 1 of 9
Ghost Kitchen
9 photos
For Lease
$8,639/moNNN
Est. $8,639/mo all-in · 2,480 SF
1430 SE Water Ave, Portland, OR 97214, USA2,480 sq ft
  • Parking
  • Shared Seating

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Multi-Use Full Restaurant for Lease in Portland, OR
Photo 1 of 2
Full Restaurant
2 photos
For Lease
$10,000/moNNN
1800 E Burnside St, Portland, OR 97214, USA5,000 sq ft
  • Outdoor
  • Walk-In Freezer

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Full Restaurant for Lease in Portland, OR
Full Restaurant
For Lease
Contact for rate
1933 W Burnside St, Portland, OR 97209, USA2,711 sq ft
  • Parking
  • Walk-In Cooler

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Multi-Use Full Restaurant for Lease in Portland, OR
Photo 1 of 4
Full Restaurant
4 photos
For Lease
Contact for rate
950 SE Madison St, Portland, OR 97214, USA1,992 sq ft
  • Outdoor
  • Parking

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Full Restaurant for Lease in Portland, OR
Photo 1 of 3
Full Restaurant
3 photos
For Lease
Contact for rate
9880 SE Washington St, Portland, OR 97216, USA6,200 sq ft
  • Outdoor
  • Parking

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Multi-Use Full Restaurant for Lease in Portland, OR
Photo 1 of 7
Full Restaurant
7 photos
For Lease
$4,574/moNNN
Est. $4,574/mo all-in · 2,535 SF
132 SW 3rd Ave, Portland, OR 97204, USA2,535 sq ft
  • Bar Area
  • Walk-In Cooler

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Multi-Use Full Restaurant for Lease in Portland, OR
Photo 1 of 11
Full Restaurant
11 photos
For Lease
$8,003/moNNN
Est. $8,003/mo all-in · 2,650 SF
Parking lot, 7339 NE Martin Luther King Jr Blvd, Portland, OR 97211, USA2,650 sq ft
  • Outdoor
  • Walk-In Cooler

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Multi-Use Ghost Kitchen for Lease in Portland, OR
Photo 1 of 15
Ghost Kitchen
15 photos
For Lease
Contact for rate
602 SE 11th Ave, Portland, OR 97214, USA7,451 sq ft
  • Parking
  • Walk-In Cooler

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Multi-Use Ghost Kitchen for Lease in Portland, OR
Photo 1 of 10
Ghost Kitchen
10 photos
For Lease
Contact for rate
602 SE 11th Ave, Portland, OR 97214, USA2,155 sq ft
  • Parking
  • Walk-In Cooler

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Multi-Use Full Restaurant for Lease in Portland, OR
Photo 1 of 11
Full Restaurant
11 photos
For Lease
Contact for rate
Pitman 3, 1430 SE Water Ave, Portland, OR 97214, USA2,456 sq ft20 seats
  • Parking
  • Walk-In Cooler

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Multi-Use Full Restaurant for Lease in Portland, OR
Photo 1 of 13
Full Restaurant
13 photos
For Lease
Contact for rate
960 SE Madison St, Portland, OR 97214, USA1,927 sq ft
  • Outdoor
  • Parking

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Multi-Use Fast Casual Restaurant for Lease in Portland, OR
Photo 1 of 12
Fast Casual
12 photos
For Lease
Contact for rate
940 SE Madison St, Portland, OR 97214, USA1,950 sq ft20 seats
  • Outdoor
  • Parking

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Multi-Use Ghost Kitchen for Lease in Portland, OR
Photo 1 of 10
Ghost Kitchen
10 photos
For Lease
Contact for rate
602 SE 11th Ave, Portland, OR 97214, USA2,155 sq ft
  • Parking
  • Walk-In Cooler

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Multi-Use Full Restaurant for Lease in Portland, OR
Photo 1 of 6
Full Restaurant
6 photos
For Lease
Contact for rate
106 NE Grand Ave, Portland, OR 97232, USA1,335 sq ft50 seats
  • Turnkey
  • Equipment Included

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Multi-Use Full Restaurant for Lease in Portland, OR
Photo 1 of 5
Full Restaurant
5 photos
For Lease
$8,448/moNNN
Est. $8,448/mo all-in · 1,941 SF
114 NE Grand Ave, Portland, OR 97232, USA1,941 sq ft50 seats
  • Turnkey
  • Immediate Move-In

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Ghost Kitchen for Lease in Portland, OR
Photo 1 of 3
Ghost Kitchen
3 photos
For Lease
Contact for rate
106 NE Grand Ave, Portland, OR 97232, USA514 sq ft
  • Turnkey
  • Equipment Included

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Ghost Kitchen for Lease in Portland, OR
Photo 1 of 3
Ghost Kitchen
3 photos
For Lease
$2,987/moNNN
Est. $2,987/mo all-in · 444 SF
106 NE Grand Ave, Portland, OR 97232, USA444 sq ft
  • Turnkey
  • Equipment Included

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Multi-Use SHELL SPACE for Lease in Portland, OR
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Shell Space
6 photos
For Lease
Contact for rate
110 NE Grand Ave, Portland, OR 97232, USA1,745 sq ft50 seats
  • Turnkey
  • Equipment Included

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Ghost Kitchen for Lease in Portland, OR
Photo 1 of 2
Ghost Kitchen
2 photos
For Lease
Contact for rate
106 NE Grand Ave, Portland, OR 97232, USA442 sq ft
  • Turnkey
  • Equipment Included

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Bar & Lounge for Lease in Portland, OR
Photo 1 of 3
Bar Lounge
3 photos
For Lease
Contact for rate
7712 SE 13th Ave, Portland, OR 97202, USA3,002 sq ft
  • Walk-In Cooler
  • Turnkey

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Market Context

Restaurants For Lease

Restaurant spaces for lease in Portland are available across Pearl District, Division Street, Alberta Arts District, NW 23rd Avenue, Mississippi Avenue, Hawthorne, Burnside and Southeast Portland. Each submarket offers distinct demographics, lease rate profiles, and revenue opportunities for well-positioned restaurant operators.

Popular Markets

Explore Other Restaurant Markets

  • Pearl District restaurant leases provide access to high-income residential and professional daytime populations with strong lunch and dinner volume and consistent event-driven evening traffic
  • Division Street and Hawthorne restaurant leases offer operators positioning in Portland's most celebrated independent dining corridors with a loyal local customer base and national dining press recognition
  • Alberta Arts District restaurant leases serve a creative residential neighbourhood with strong community engagement and year-round foot traffic from local residents and visitors alike
  • NW 23rd Avenue restaurant leases combine affluent residential demographics with boutique retail visitor traffic making this corridor one of Portland's most reliable restaurant revenue environments
  • Mississippi Avenue restaurant leases offer independent concept positioning in a revitalising urban corridor with growing residential density and established neighbourhood dining credibility

2nd Gen Restaurant Spaces for Rent in Portland

A second-generation restaurant, also called a 2nd gen restaurant, is a space previously used as a restaurant. It may retain kitchen infrastructure such as an exhaust hood, grease interceptor, utility connections, or dining areas. Existing improvements can reduce the work needed for a new concept, but condition, equipment inclusions, and required upgrades vary by listing.

What to check before leasing an existing restaurant space

For 2nd generation restaurant leasing in Portland, compare base rent, additional charges, lease length, renewal options, and any payment for equipment or other assets. Confirm whether the offer is a direct lease, sublease, or assignment and what landlord approvals are required.

Verify ventilation, grease handling, power capacity, equipment condition, accessibility, and permitted use for your concept. Previous restaurant use does not guarantee current approvals, transferable licenses, or a turnkey opening. Not every listing is a second-generation space; confirm the buildout and current availability with the broker or owner.

Explore the second-generation restaurant leasing guide

Tenant Guide

How to Lease or Rent Restaurant Space in Portland

Confirm the space fit

Compare hood, grease trap, walk-in, seating, patio, parking, utilities, and build-out condition before touring.

Review the lease path

Ask whether the rentable opportunity is a direct lease, assignment, sublease, or turnkey build-out with existing restaurant infrastructure.

Check approvals

Confirm landlord consent, use approvals, health permits, alcohol licensing, signage, and local inspections for the address.

Model opening costs

Compare base rent, NNN, tenant improvements, equipment needs, deposits, and permit costs before submitting an offer.

For Owners & Brokers

Why Pepperlot is the Premier Resource for Portland's Restaurant Leases

In Portland, the difference between a successful opening and a delayed project is often the state of existing permits and infrastructure. Pepperlot highlights the technical details that matter.

Permit-Ready Listings

We prioritize restaurants for lease in Portland that feature active Health Department permits and existing Certificate of Occupancy status to speed up your opening.

Second-Gen Savings

Our focus on spaces with Type 1 hoods and grease traps can save Portland operators significantly on upfront build-out capital.

High-Intent Analytics

Access data on Portland neighborhood foot traffic, OLCC proximity, and key commercial corridor performance metrics.

Direct Marketing to Operators

Pepperlot uses targeted digital outreach and hospitality industry networks to position your Portland listing in front of restaurant operators.

lease agreement paperInterior of a Restaurant

Platform

How to List a Restaurant for Lease in Portland

Pepperlot is the marketplace built exclusively for restaurant real estate. Browse restaurants for lease in Portland with restaurant-specific filters: hood systems, grease traps, walk-in coolers, existing permits, patio availability, and seating capacity. Use our location intelligence to analyze competition, cuisine gaps, and market potential for specific Portland locations before signing any lease. Visit pepperlot.com to search available restaurant spaces for lease in Portland today.

Submit Property Details

Provide square footage, equipment inventory, OLCC permit status, and prior restaurant use for your Portland space.

Activate Listing

Your listing becomes visible to tenants and brokers across the Pepperlot platform.

Tenant Communication

Receive inquiries and engage with potential tenants through secure messaging.

Finalize Lease

Landlords and tenants in Portland can evaluate fit and negotiate terms directly on the platform.

About PepperLot

Built for Restaurant Space Search in Portland

PepperLot organizes restaurant space searches around the details tenants need in Portland: build-out condition, hood, grease trap, seating, rent structure, and permit context.

Submit Listing
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Frequently Asked Questions

What does it cost to lease a restaurant space in Portland?

Restaurant lease rates in Portland range from approximately $30 per square foot annually in secondary neighbourhood locations to over $75 per square foot for prime Pearl District, NW 23rd, or Division Street corridor spaces. Most leases are structured as Triple Net or Modified Gross agreements.

Are second-generation restaurant spaces available for lease in Portland?

Yes. Pepperlot regularly lists second-generation restaurant spaces with existing hood systems, grease traps, walk-in coolers, and buildouts throughout Portland's established neighbourhood dining corridors.

Can I list a restaurant space for lease in Portland on Pepperlot?

Yes. Listing on Pepperlot is free. Create a restaurant-specific listing with details like hood systems, seating, permits, and lease terms, and your space is in front of restaurant operators the same day.

What lease terms are typical for Portland restaurants?

Portland restaurant leases typically run five to ten years with renewal options. Personal guarantees are standard on direct leases, and percentage rent clauses appear in higher-traffic neighbourhood corridors.

Which Portland neighbourhoods have the most restaurants for lease?

Pearl District, Division/Clinton, Alberta Arts, and inner-eastside corridors see the most restaurant lease turnover. Each area has different rent bands, customer demographics, and permitting timelines.