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Premier Class A Office Tower
For Lease
$25.50 SF/Yr

1201 Northeast Lloyd Boulevard, Portland, OR 97232

Class A office tower with excellent access and amenities.

Space SizeContact for details
Days on Market141

Property Features for 1201 Northeast Lloyd Boulevard

General Information

Standard status Active
Property subtype Office
Listing Agency: CBRE - Portland
Listed By: Joe Beehler · License #137614
Source: Cbre
Added: Mar 25 Changed: Aug 8 Last Checked: Aug 12 at 12:41PM

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

Investment Insights

Based on property information with market context.

This premier Class A office tower, designed by ZGF Architects, features 11 floors totaling 225,361 square feet. The building is Energy Star Certified and offers unobstructed views of Downtown Portland and the Cascade Mountains. It provides convenient access to I-84 and I-5, and is adjacent to MAX Light Rail red, blue, and green lines, TriMet bus lines, and the C-Tran commuter line to Vancouver. Security features include digital card key access and Closed Circuit TV at all access points. On-site amenities include bike parking and a shared building conference room with seating for up to 25 people. The parking ratio is 2/1,000 square feet, with reserved parking available.

Key Highlights

  • Unobstructed views of Downtown Portland and Cascade Mountains
  • Premier Class A tower in a highly desirable location
  • Excellent transit access: Adjacent to MAX Light Rail and TriMet/C‑Tran bus lines; Quick access to I‑84 and I‑5

Property Analytics

Current Use

USDA Natural Resources ... Sustainability Organization Bureau of Alcohol, Tobacco, ... Federal Government Office CBIC Insurance Agency Devin Arthurs Real Estate Agency Premiere Property Group, ... Real Estate Agency

Suggested Use

Top Pick Building Supply Auto Parts Store Travel Agency Pharmacy Mobile Phone Store Florist

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
$3.82 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,645
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

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

This space is priced 25% below the average of $34.07 /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
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Class A office tower with excellent access and amenities.
Where is this office building located?
The property is located at 1201 Northeast Lloyd Boulevard Portland, OR.
What is the lease rate?
The lease rate is $25.50 SF/Yr.
What are key features of this property?
This property features: Unobstructed views of Downtown Portland and Cascade Mountains; Premier Class A tower in a highly desirable location; Excellent transit access: Adjacent to MAX Light Rail and TriMet/C‑Tran bus lines; Quick access to I‑84 and I‑5
More about this property
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