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Downtown Portland Turnkey Office Space
For Lease
$23 SF/Yr

520-538 Southwest 6th Avenue, Portland, OR 97204

Brand new, full-floor office spaces in central downtown Portland location.

Property Size110,375 SF
Days on Market188

Property Features for 520-538 Southwest 6th Avenue

General Information

Standard status Active
Size 110,375 SF
Property subtype Office
Listing Agency:
Listed By: Jeff Falconer, SIOR
Source: Corfac
Added: Jan 26 Changed: Jul 10 Last Checked: Aug 2 at 5:00AM

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.

Located at 520-538 Southwest 6th Avenue in the heart of Downtown Portland, this property offers brand new full floor turnkey spaces. The location is on SW 6th and Alder, across from The Nines Luxury Hotel and adjacent to Pioneer Courthouse Square, Wells Fargo Bank, and Nike Portland. Other nearby tenants include Muji, Departure, and St. Honoré. The property features a modern creative interior within a historic exterior. Amenities include a new tenant lounge, workout facility, and common conference room. Secured valet parking and bike parking with a fix-it station are available. The property is one block from the Tri-Met MAX station at Pioneer Square. The property is designed to meet the needs of today's dynamic businesses and offers 110375 square feet of space.

Key Highlights

  • Prime Downtown Portland location on SW 6th Avenue, near Pioneer Courthouse Square and major landmarks.
  • Brand new, full‑floor, turnkey spaces ready for immediate occupancy.**
  • Modern creative interiors within a historically significant building.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store Nail Salon Barber Shop Electrical Service Restaurant Storage Facility

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
$3.45 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,275
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

$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 18% above 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
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Frequently Asked Questions

What type of property is this?
Office units - Brand new, full-floor office spaces in central downtown Portland location.
Where is this office units located?
The property is located at 520-538 Southwest 6th Avenue Portland, OR.
What is the lease rate?
The lease rate is $23 SF/Yr.
What are key features of this property?
This property features: Prime Downtown Portland location on SW 6th Avenue, near Pioneer Courthouse Square and major landmarks.; Brand new, full‑floor, turnkey spaces ready for immediate occupancy.**; Modern creative interiors within a historically significant building.
More about this property
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