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Lake Oswego Office Space Available
For Lease
$36 SF/Yr

1 Centerpointe Drive, Lake Oswego, OR 97035

Office space for rent in Lake Oswego, Oregon.

Space SizeContact for details
Days on Market272

Property Features for 1 Centerpointe Drive

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE | Portland
Listed By: Jennifer Medak
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 11 Last Checked: Aug 20 at 6:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Portland

Investment Insights

Based on property information with market context.

This office space is located in Lake Oswego, Oregon, within buildings constructed in 1985. The property is situated in the Kruse Way corridor, at the intersection of I-5 and Hwy 217, with Centerpointe Drive serving as the initial street leading into Lake Oswego. The property offers a total size of 12926 square feet and is available for lease at $36 per square foot. The facilities are continuously upgraded and updated by long-term ownership. Tenants have multiple IT/Data vendors to choose from. Conference room facilities are available in both buildings, including one room accommodating up to 60 people. Amenities include electronic directories, Wi-Fi capability, on-site property management, and beverage service. The location features natural settings and outdoor walkways.

Key Highlights

  • Convenient location at the intersection of I‑5 and Hwy 217.
  • On‑site property management.
  • Conference room facilities in both buildings, including one room for up to 60 people.**

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Pharmacy Auto Parts Store Grocery & Convenience Store Parking Lot & Garage Storage Facility Discount Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$5.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,524
Businesses Nearby

Demographics for 97035, OR

25,770
Population
11,822
Households
2.2
Avg Household Size
44
Median Age
73%
College-Educated
99%
High-School Grad
5.8 sq mi
ZIP Area
4,443
Density / Sq Mi
$126,866
Median Household Income
$75,523
Median Earnings
$1,951
Median Rent
$790,900
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office space for rent in Lake Oswego, Oregon.
Where is this office building located?
The property is located at 1 Centerpointe Drive Lake Oswego, OR.
What is the lease rate?
The lease rate is $36 SF/Yr.
What are key features of this property?
This property features: Convenient location at the intersection of I‑5 and Hwy 217.; On‑site property management.; Conference room facilities in both buildings, including one room for up to 60 people.**
More about this property
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