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Multi-Tenant Building Near Willamette River
For Lease
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5441 South Macadam Avenue, Portland, OR

Three-story office building with excellent accessibility near the Willamette River.

Space Size601 SF - 2,000 SF
Lot Size0.39 Acres
Days on Market497

Property Features for 5441 South Macadam Avenue

General Information

Standard status Active
Size 601 SF - 2,000 SF
Lot size 0.39 Acres
Property subtype OFFICE

Spaces For Lease

at 5441 South Macadam Avenue Contact us

5441 S Macadam Ave $20/SF/Yr

Floor
1
Size
1,677 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
- Parking available - On frequent bus line - Conveniently located, walking distance...
show more
Contact us

5441 S Macadam Ave $20/SF/Yr

Floor
1
Size
2,000 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
- Parking available - On frequent bus line - Conveniently located, walking distance...
show more
Contact us

5441 S Macadam Ave $20/SF/Yr

Floor
1
Size
601 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
- Parking available - On frequent bus line - Conveniently located, walking distance...
show more
Contact us

5441 S Macadam Ave $20/SF/Yr

Floor
2
Size
1,186 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
- Parking available - On frequent bus line - Conveniently located, walking distance...
show more
Contact us

5441 S Macadam Ave $20/SF/Yr

Floor
2
Size
1,377 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
- Parking available - On frequent bus line - Conveniently located, walking distance...
show more
Contact us

5441 S Macadam Ave $20/SF/Yr

Floor
2
Size
1,764 SF
Type
OFFICE
Availability
AVAILABLE, Now
Sublease
No
- Parking available - On frequent bus line - Conveniently located, walking distance...
show more
Contact us
Listing Agency: Norris & Stevens, Inc. - Corporate
Listed By: Duane Link
Source: Moodyscre
Added: Apr 16, 2025 Changed: Aug 8 Last Checked: Aug 24 at 7:52AM

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 Norris & Stevens, Inc. - Corporate

Investment Insights

Based on property information with market context.

This is a three-story multi-tenant office building offering floor plates ranging in size from 3,624 to 4,358 square feet. The property is located two blocks from the Willamette River and is adjacent to a renovated water tower building. The building has excellent accessibility on South Macadam Avenue. The total property size is 11,630 square feet.

Key Highlights

  • Excellent accessibility on S Macadam Ave
  • Just 2 blocks from the Willamette River
  • Floor plate size at 3,624 - 4,358 SF

Property Analytics

Current Use

Lorah A. Sebastian, PHD Physician Ransom, Gilbertson, Martin ... Law Firm Wholesale King Real Estate Agency Donald A. True, PhD Physician Younge Suzanne L Physician

Suggested Use

Top Pick Auto Parts Store HVAC Service Grocery & Convenience Store Storage Facility Barber Shop Electrical Service

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,623
Businesses Nearby

Market

Lease Benchmarks for Portland, OR

$33.03 /SF/Yr
Avg Asking Price
$12–$180 /SF/Yr
Price Range
26,702 SF
Avg Space Size

This space is priced 39% below the average of $33.03 /SF/Yr.

Vacancy Rate% for Office in Portland, OR

10.1% 2019
12.3% 2020
16.1% 2021
18.5% 2022
20.8% 2023
21.7% 2024
24.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Three-story office building with excellent accessibility near the Willamette River.
Where is this office building located?
The property is located at 5441 South Macadam Avenue Portland, OR.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Excellent accessibility on S Macadam Ave; Just 2 blocks from the Willamette River; Floor plate size at 3,624 - 4,358 SF
(503) 225-8465 Call to check price and availability
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