3990 Southwest Collins Way Lake Oswego, OR 97035

Building Details

Year Built

1983

Listing agency Macadam Forbes j***@macadamforbes.com Show Phone

Listed by Joe Kappler · License #OR #200605069

Source Macadamforbes

Added: Nov 25, 2025 Updated: Jul 6 at 10:17AM Checked: Jul 17 at 7:37AM

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Investment Insights

Based on property information with market context.

This well-maintained, two-story office building offers 13,382 square feet of fully leased space in Lake Oswego. The building is elevator-served and situated on a 23,668 square foot lot with two separate curb cuts. It benefits from its location with close access to Kruse Way, I-5, and Hwy 217. The property is zoned General Commercial and is located within the Lake Grove Village Center Overlay District. The property is located within one of the most desirable and well located office markets in the Portland metro area. The building features long-term tenants, with Kruse Park Chiropractic originally moving in July 2006, and Shannon & Wilson starting in October 2014. Shannon & Wilson renewed and expanded within the building in October 2024. The owner has performed several capital improvements, including a new roof in 2020, new HVAC in 2021, new parking lot drainage system in 2025, new exterior paint in 2025, and updated alarm panels and system in 2024. New 2nd floor windows and skylights have also been installed. The weighted average lease term (WALT) is approximately 4.1 years.

Key Highlights

• 100% leased investment property in a highly desirable Lake Oswego location.
• Long‑term tenants with a history in the building, including a recent renewal and expansion.
• Weighted Average Lease Term (WALT) of approximately 4.1 years.

Property Analytics

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FAQs

What type of property is this?

Office building - Well-maintained, fully leased office building in Lake Oswego.

Where is this office building located?

The property is located at 3990 Southwest Collins Way Lake Oswego, OR.

What are key features of this property?

This property features: 100% leased investment property in a highly desirable Lake Oswego location.; Long‑term tenants with a history in the building, including a recent renewal and expansion.; Weighted Average Lease Term (WALT) of approximately 4.1 years.