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LEED Gold Office Space
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120 SE Clay St, Portland, OR 97214

Office space with LEED Gold certification, parking, and amenities.

Space Size18,354 SF
Days on Market741

Property Features for 120 SE Clay St

General Information

Standard status Active
Size 18,354 SF
Property subtype OFFICE
Lease Type Gross

Site & Location

Neighborhood Hosford-Abernethy Neighborhood District (Hand)

Spaces For Lease

at 120 SE Clay St
Clay Pavilion $40.60/SF/Yr
Floor 1
Size 18,354 SF
Type OFFICE
Lease Type GROSS
Availability AVAILABLE, Now
Sublease Yes
- LEED Gold - 18,354 RSF - $40.60 Gross - Parking ratio 1/1000 SF - Tenant through 10/31/2025 - Furniture available - Onsite parking - Secure bike hub - Shower facilities with towel service
Contact us
Listing Agency: CBRE | Portland
Listed By: Joe Beehler · License #OR 200407253
Source: Moodyscre
Added: Oct 23, 2024 Changed: Oct 30 Last Checked: Nov 1 at 9:07AM

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

Rey
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Investment Insights

Based on property information with market context.

This 18,354 square foot office space features LEED Gold certification. The gross rental rate is $40.60. Parking is available at a ratio of 1 space per 1000 square feet. The current tenant's lease extends through October 31, 2025. Furniture is available. Onsite parking is provided, along with a secure bike hub and shower facilities that include towel service.

Key Highlights

  • LEED Gold Certification
  • Tenant in place through 10/31/2025
  • 18,354 RSF

Property Analytics

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

Current Use

Laundry Service (Bike/Boat/Book/etc) Store Simple Corporate Office Crown Plaza - Lot ... Parking Lot & Garage IDL Worldwide Advertising Agency Crown Plaza Parking Lot & Garage

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Pet Grooming Service Veterinary Clinic Buffet Butcher

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
$6.09 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,825
Businesses Nearby

Demographics for 97214, OR

28,403
Population
15,948
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
9,794
Density / Sq Mi
$86,879
Median Household Income
$55,643
Median Earnings
$1,628
Median Rent
$733,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Portland, OR

$22.49 /SF/Yr
Avg Asking Price
$1.71–$40.6 /SF/Yr
Price Range
12,962 SF
Avg Space Size

This space is priced 80% above the average of $22.49 /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

Frequently Asked Questions

What type of property is this?
Office unit - Office space with LEED Gold certification, parking, and amenities.
Where is this office unit located?
The property is located at 120 SE Clay St Portland, OR.
What is the lease rate?
The lease rate is $40.60 SF/Yr.
What are key features of this property?
This property features: LEED Gold Certification; Tenant in place through 10/31/2025; 18,354 RSF
(503) 221-4818 · Office Call to check price and availability
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