Milltowner I
NEC NW Cornell Rd & NW Saltzman Rd, Portland, Oregon
Property Overview
Traffic Counts
NW Cornell Rd: 13,548 VPD
NW Saltzman Rd: 13,190 VPD
Milltowner I is a 63,400 square foot shopping center anchored by CVS Pharmacy and Sunset Athletic Club located at the northeast corner of NW Saltzman Road and NW Cornell Road in the Cedar Mill Neighborhood of Northwest Portland.
This intersection serves as one of the primary gateways to the Coleman, Bonny Slope, Bethany, and Forest Heights neighborhoods, several areas developed north of Highway 26 along with the rise of Beaverton-Hillsboro’s “Silicon Forest” and companies such as Tektronix, Intel, and IBM.
Trade Area Overview
The trade area contains established residential neighborhoods as well as a strong daytime population. There are 15,936 residents within a one-mile radius and 125,810 residents within a three-mile radius with average household incomes of $134,407 and $147,414, respectively. The daytime population within one mile totals 14,621 within one mile and 137,260 within three miles.
Many large area employers are located nearby, including Columbia Sportswear, Nike, and Providence St Vincent Medical Center. Columbia Sportswear’s headquarters campus, with approximately 1,200 workers, is located 0.9 miles west of the center. Nike’s world headquarters campus is located 1.4 miles southwest of the center and recently completed 3.2 million square feet of expansion and construction. Providence St Vincent Medical Center is located 1.85 miles east of the center and employs nearly 3,300 staff and medical professionals, with many ancillary clinics and related services located nearby.
Demographics
| 1 Mile | 2 Miles | 3 Miles | |
| 2022 Population: | 15,936 | 55,979 | 125,810 |
| 2027 Projected Pop: | 16,155 | 57,108 | 129,123 |
| ’22-’27 Growth/Yr: | 0.27% | 0.4% | 0.52% |
| Avg Household Income: | $134,407 | $165,637 | $147,414 |
| % Pop Bachelor's Deg +: | 57.6% | 65.6% | 60.8% |
| Median Home Value: | $558,936 | $594,055 | $561,342 |
| # Businesses: | 466 | 1,761 | 4,845 |
| Daytime Pop. Workers: | 7,914 | 34,419 | 80,437 |
