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Class A Office Building Portland
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825 NE Multnomah St, Portland, OR 97232

Large Class A office building in Portland's vibrant Lloyd Community.

Property Size453,701 SF
Days on Market188

Property Features for 825 NE Multnomah St

General Information

Standard status Active
Size 453,701 SF
Property subtype Class A Office

Building Details

Year Built 1981
Listing Agency:
Listed By: Jeff Falconer, SIOR
Source: Corfac
Added: Jan 26 Changed: Jul 6 Last Checked: Aug 2 at 5:30AM

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 Jeff Falconer, SIOR

Investment Insights

Based on property information with market context.

Lloyd Center Tower is one of the largest office buildings in Portland, situated in the vibrant Lloyd Community with convenient access to the I-5 and I-84 freeways and Portland International Airport. Each floor features eight corner offices offering views. The two-story lobby atrium includes a coffee kiosk. The building provides a productive work environment with services and amenities. Completed in 2024, the building features a ground-floor fitness facility and a second-floor conference center. Additional features include a secured parking structure, a 24-hour lobby attendant, bicycle and property patrols, on-site visitor parking, above-market parking ratios, cantina, dry-cleaning service, jeweler, and banking facilities. Lower-level storage is available. The location offers access to daycare centers, Lloyd Athletic Club, restaurants, hotels, business services, the Oregon Convention Center, Moda Center, MAX light rail, the Blumenauer Bridge, and Tri-Met public transportation. The property has on-site property management and engineering staff. Secured parking is available in the parking garage and surface lot. On-site amenities include a cantina, dry cleaning service, jeweler, and banking. The building is across from Hassalo on Eighth retail and restaurants. Multiple transportation options are available, including MAX Red, Blue & Green Light Rail, TriMet bus lines, the Portland Streetcar, and the Blumenauer Bridge.

Key Highlights

  • New ground‑floor fitness facility and second‑floor conference center (Just Completed)
  • Outstanding views from eight corner offices on each floor
  • Convenient location in Portland's vibrant Lloyd Community with easy access to freeways, airport, and public transportation (MAX, TriMet)

Property Analytics

Current Use

Sally Li, Peak ... Loan Service Kellie Jenkins, Principal ... Real Estate Agency Meridian Wealth Advisors ... Financial Advisor Guild Mortgage - Shane ... Loan Service Fidelity National Title Title Company

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Mobile Phone Store Locksmith Tanning Salon Adult Day Care

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

4,184
Businesses Nearby

Demographics for 97232, OR

15,382
Population
9,594
Households
1.6
Avg Household Size
37
Median Age
65%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
8,096
Density / Sq Mi
$71,278
Median Household Income
$49,794
Median Earnings
$1,584
Median Rent
$801,300
Median Home Value

Market

Lease Benchmarks for Portland, OR

$18.37 /SF/Yr
Avg Asking Price
$12–$26 /SF/Yr
Price Range
21,894 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 - Large Class A office building in Portland's vibrant Lloyd Community.
Where is this office building located?
The property is located at 825 NE Multnomah St Portland, OR.
What are key features of this property?
This property features: New ground‑floor fitness facility and second‑floor conference center (Just Completed); Outstanding views from **eight corner offices on each floor**; Convenient location in Portland's vibrant Lloyd Community with easy access to freeways, airport, and public transportation (MAX, TriMet)
More about this property
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