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Five-Office Suite with Shared Amenities

116 SE D Street, Madras, OR 97741

For Lease
$490-$1,500/Mo

The southern wing offers flexible office leasing with communal lobby, breakroom, and upstairs storage.

Space Size1,540 SF
Property Size3,992 SF
Days on Market863

Property Features for 116 SE D Street

General Information

Standard status Active
Size 1,540 SF
Zoning Commercial
Lease Type NNN

Space & Availability

Contiguous Space 1,540 SF
Divisible Yes
Space Use Office
Sublease No
Private Offices 5

Additional Details

Monthly Rent $490-$1,500

Taxes and HOA fees

Annual Taxes $7,387

Amenities

shared lobby
shared breakroom
shared storage room

Building Details

Building Size 3,992 SF
Year Built 1979
Stories 1
Units 5
Listing Agency: Aligned Commercial Real Estate
Listed By: Ken Streater · License OR #200511232
Source: Kendonleet
Added: Jul 4, 2024 Changed: Nov 12 Last Checked: Nov 13 at 4:15AM

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 Aligned Commercial Real Estate

Rey
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Investment Insights

Based on property information with market context.

The southern wing at 116 SE D Street contains five private offices, a shared lobby and breakroom, and an upstairs storage room. It can be leased as a 1,540-square-foot unit or divided among individual office tenants. The building was constructed in 1979 and is zoned Commercial.

Brightways Counseling occupies the building’s northern wing, which includes its offices and waiting room. The southern portion has space for clients to wait, but no formal or staffed reception desk.

Key Highlights

  • Five individual offices in the southern wing
  • The full 1,540‑square‑foot wing is available as one unit or by individual office
  • Shared lobby, breakroom, and upstairs storage room

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store HVAC Service (Bike/Boat/Book/etc) Store Electrical Service Carpet & Flooring 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

Location Intelligence

Trade Area within ½ mile

653
Businesses Nearby

Demographics for 97741, OR

13,753
Population
4,777
Households
2.9
Avg Household Size
39
Median Age
21%
College-Educated
86%
High-School Grad
363.9 sq mi
ZIP Area
38
Density / Sq Mi
$69,696
Median Household Income
$37,641
Median Earnings
$993
Median Rent
$308,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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

Frequently Asked Questions

What type of property is this?
Office unit - The southern wing offers flexible office leasing with communal lobby, breakroom, and upstairs storage.
Where is this office unit located?
The property is located at 116 SE D Street Madras, OR.
What is the lease rate?
The lease rate is $490/Mo.
What are key features of this property?
This property features: Five individual offices in the southern wing; The full 1,540‑square‑foot wing is available as one unit or by individual office; Shared lobby, breakroom, and upstairs storage room
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