Listing Agency: Macadam Forbes s***@macadamforbes.com Show Phone

Listed By: Jake Breeland · License ##201218073 Show Phone

Source: Moodyscre

Added: Oct 5, 2021 Changed: Jul 10 Last Checked: Jul 21 at 5:05AM

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Investment Insights

Based on property information with market context.

This office space features a heavy office buildout, including a reception area and two ADA-compliant restrooms. The landlord plans to renovate the space. The property offers a total area of 1840 square feet.

Key Highlights

• Landlord plans to renovate space
• Heavy office buildout
• Reception area

Property Analytics

Property Profile

Current Use

Bull Mountain Orthodontics Dental Office Bryce Rustin Willcox Dental Office Tigard Chabad Jewish ... Charitable Organization Dr. Hyo-shin Kim Alternative Medicine Practice Edward Jones - Financial ... Financial Advisor

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Auto Repair Shop Big Box & Wholesale Store Building Supply

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

$2.03 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

618

Businesses Nearby

Explore this area Business Placement

Market

Lease Benchmarks for Portland, OR

$19.5 /SF/Yr

Avg Asking Price

$0.6–$40.6 /SF/Yr

Price Range

25,476 SF

Avg Space Size

This space is priced 31% below the average of $19.5 /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

Questions? Ask Rey

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What type of property is this? Where is this office units located? What is the lease rate? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office units - Office space featuring a reception area and ADA restrooms.

Where is this office units located?

The property is located at 11545 SW Durham Rd Portland, OR.

What is the lease rate?

The lease rate is $13.50 SF/Yr.

What are key features of this property?

This property features: Landlord plans to renovate space; Heavy office buildout; Reception area