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.
Portland
Restaurants for Lease in Portland, OR
Browse current restaurant spaces for lease in Portland.
Available Now
Restaurants for Lease in Portland
Restaurant spaces, subleases, and second-generation lease opportunities nearby.
New
Full Restaurant
11 photos
For Lease
$5,731/mo$2,784.96/mo
NNN LeaseLong Term
Pitman 3, 1430 SE Water Ave, Portland, OR 97214, USA2,456 sq ft20 seats
ParkingWalk-In CoolerEquipment IncludedGrease Trap3-Comp SinkHood: Type 1
Ghost Kitchen
9 photos
For Lease
$3,345/mo$1,467/mo
NNN LeaseLong Term
1717 NE 42nd Ave, Portland, OR 97213, USA1,218 sq ft
Walk-In CoolerTurnkeyEquipment IncludedImmediate Move-InGrease Trap3-Comp Sink
Full Restaurant
13 photos
For Lease
$4,875/mo$2,825/mo
NNN LeaseLong Term
960 SE Madison St, Portland, OR 97214, USA1,927 sq ft
OutdoorParkingShared SeatingBar AreaWalk-In CoolerTurnkey
Fast Casual
12 photos
For Lease
$4,818/mo$2,795/mo
NNN LeaseLong Term
940 SE Madison St, Portland, OR 97214, USA1,950 sq ft20 seats
OutdoorParkingShared SeatingBar AreaWalk-In CoolerTurnkey
Ghost Kitchen
8 photos
For Lease
$5,003/mo$2,269/mo
NNN LeaseLong Term
1640 SE 3rd Ave, Portland, OR 97214, USA2,001 sq ft
ParkingWalk-In CoolerTurnkeyEquipment IncludedImmediate Move-InGrease Trap
Ghost Kitchen
8 photos
For Lease
$5,245/mo$2,133/mo
NNN LeaseLong Term
1660 SE 3rd Ave, Portland, OR 97214, USA1,873 sq ft
ParkingWalk-In CoolerTurnkeyEquipment IncludedImmediate Move-InGrease Trap
Full Restaurant
6 photos
For Lease
$4,617/mo$1,192/mo
NNN LeaseLong Term
106 NE Grand Ave, Portland, OR 97232, USA1,335 sq ft50 seats
TurnkeyEquipment IncludedImmediate Move-InFully FurnishedGrease Trap3-Comp Sink
Full Restaurant
5 photos
For Lease
$6,713/mo$1,735/mo
NNN LeaseLong Term
114 NE Grand Ave, Portland, OR 97232, USA1,941 sq ft50 seats
TurnkeyImmediate Move-InGrease Trap3-Comp SinkHood: Type 2
Ghost Kitchen
3 photos
For Lease
$2,998/mo$460/mo
NNN LeaseLong Term
106 NE Grand Ave, Portland, OR 97232, USA514 sq ft
TurnkeyEquipment IncludedImmediate Move-InGrease Trap3-Comp SinkHood: Type 2
Ghost Kitchen
3 photos
For Lease
$2,590/mo$397/mo
NNN LeaseLong Term
106 NE Grand Ave, Portland, OR 97232, USA444 sq ft
TurnkeyEquipment IncludedImmediate Move-InGrease Trap3-Comp SinkHood: Type 2
Shell Space
6 photos
For Lease
Beautiful New Restaurant Space with High Ceilings and Floor to Ceiling windows on NE Grand and Couch
$6,035/mo$1,560/mo
NNN LeaseLong Term
110 NE Grand Ave, Portland, OR 97232, USA1,745 sq ft50 seats
TurnkeyEquipment IncludedImmediate Move-InGrease Trap3-Comp SinkHood: Type 1
Ghost Kitchen
2 photos
For Lease
$2,578/mo$396/mo
NNN LeaseLong Term
106 NE Grand Ave, Portland, OR 97232, USA442 sq ft
TurnkeyEquipment IncludedImmediate Move-InGrease Trap3-Comp SinkHood: Type 2
Bar Lounge
3 photos
For Lease
NNN LeaseLong Term
7712 SE 13th Ave, Portland, OR 97202, USA3,002 sq ft
Walk-In CoolerTurnkeyGrease Trap3-Comp Sink
Ghost Kitchen
6 photos
For Lease
$3,258/mo$1,452/mo
NNN LeaseLong Term
12125 SW Allen Blvd, Beaverton, OR 97005, USA1,150 sq ft
ParkingWalk-In CoolerTurnkeyEquipment IncludedImmediate Move-InGrease Trap
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.
Explore Restaurants In Popular Cities
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.
- 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
Searching for Restaurants for Lease in Portland? Discover Opportunities
Restaurant operators leasing in Portland should evaluate whether the concept aligns with the strong local preference for independent, authentic dining experiences. Portland's lease market is competitive in high-demand corridors. Negotiate build-out allowances carefully and confirm all OLCC permitting requirements and health department approvals before execution.
Base rent for restaurant spaces in Portland ranges from approximately $30 to $75 per square foot annually. Most restaurant leases in Portland and throughout Oregon are structured as Triple Net agreements or Modified Gross agreements depending on landlord and submarket. Under a Triple Net lease tenants pay base rent plus property taxes insurance and common area maintenance charges.
- Search for sites that match your operational requirements
- Negotiable lease terms, from short-term pop-ups to long-term agreements
- Food and beverage-permitted spaces
- Second-generation restaurant sites ready for faster openings
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.
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 qualified restaurant operators.
How to List a Restaurant for Lease in Portland
Pepperlot is the only 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.
Our Vision
Pepperlot exists to modernize how restaurants are leased, bought, and sold. By focusing exclusively on restaurant real estate, the platform eliminates noise from unrelated listings and creates a marketplace built around real operational needs.
The goal is simple: better data, better matches, and better outcomes for restaurant operators and landlords.
Submit Listing
Who We Are
Pepperlot is a restaurant-only real estate and transaction platform built for operators, brokers, and landlords. The team combines marketplace technology with deep category focus to support leasing opportunities ranging from single ghost kitchens to multi-location portfolios.
Every feature, listing, and filter is designed to serve one purpose: making restaurant transactions clearer, faster, and more informed.
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. Use Pepperlot's restaurant-specific filters to find spaces with the infrastructure your concept requires.
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 qualified tenants the same day. Confidential listing options are also available.