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Downtown Office Building with Parking
For Lease
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1211 SW 5th Ave, Portland, OR 97204

Office building with conference facilities and subterranean parking with valet, registered for LEED certification.

Space Size20,791 SF
Days on Market51

Property Features for 1211 SW 5th Ave

General Information

Standard status Active
Size 20,791 SF
Property subtype OFFICE

Amenities

conference facilities
subterranean parking garage with valet
on-site bicycle parking
24/7 security with lobby presence

Spaces For Lease

at 1211 SW 5th Ave Contact us

1211 SW 5th Ave

Floor
9
Size
20,791 SF
Type
OFFICE
Rate
Contact for pricing
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Situated in a safe, vibrant neighborhood with immediate access to transit and culture. -...
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Listing Agency: Newmark | Portland
Listed By: Josh Schweitz
Source: Moodyscre
Added: Jun 24 Changed: Aug 8 Last Checked: Aug 12 at 6:50AM

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 Newmark | Portland

Investment Insights

Based on property information with market context.

This downtown office building offers on-site amenities including gourmet coffee and full-service banking, along with conference facilities for meetings and events. The building includes 24/7 security with lobby presence and provides on-site bicycle parking for tenant and visitor convenience.

The property is located in Portland’s Central Business District and is described as having direct access to MAX light rail and major bus lines. Public transportation access is emphasized, with nearby hotels, business services, essential retail, and restaurants.

Parking is available through a subterranean parking garage with valet service. The property is also registered for LEED certification, reflecting its participation in the sustainability certification process.

Key Highlights

  • Office building in Portland’s Central Business District with conference facilities
  • Direct access to MAX light rail and major bus lines
  • Subterranean parking garage with valet service

Property Analytics

Current Use

Matusick Aaron Z Law Firm KXL Radio Station Waldron Jay T Law Firm Radio Northwest Radio Station Pacwest Center Business Service Center

Suggested Use

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

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

11,484
Businesses Nearby

Demographics for 97204, OR

1,001
Population
441
Households
2.3
Avg Household Size
40
Median Age
14%
College-Educated
90%
High-School Grad
0.2 sq mi
ZIP Area
5,005
Density / Sq Mi
$16,875
Median Earnings
$783
Median Rent

Market

Lease Benchmarks for Portland, OR

$34.07 /SF/Yr
Avg Asking Price
$12–$180 /SF/Yr
Price Range
26,106 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office building - Office building with conference facilities and subterranean parking with valet, registered for LEED certification.
Where is this office building located?
The property is located at 1211 SW 5th Ave Portland, OR.
What are key features of this property?
This property features: Office building in Portland’s Central Business District with conference facilities; Direct access to MAX light rail and major bus lines; Subterranean parking garage with valet service
(503) 972-5530 Call to check price and availability
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