Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Modern Office Space Available Title is generated by Realmo AI

    11501 SW Pacific Hwy, Tigard, OR 97223

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Renovated office suite with modern finishes, ready for occupancy.

    Type:Office
    Property size:
    3,652 SF
    Added:
    Apr 25, 2025
    Days on Market:
    385
    Last Refresh:
    Mar 17 at 1:24 pm

    Property Features for 11501 SW Pacific Hwy

    General Information

    Standard status
    Active
    Size
    3,652 SF
    Property subtype
    Office

    Building Details

    Year Built
    1984

    Spaces For Lease

    at 11501 SW Pacific Hwy Contact us

    Available Space 1 $24 /Mo

    Size
    3,652 SF
    Type
    Office
    Suite 101n3,652 square feetn$24.00 psf Full-ServicenRenovated with modern finishes...
    show more
    Contact us

    We can help!

    Listing Contact
    Daniel Silvey

    Listing agent Daniel Silvey License #OR

    Listing office Knipe Realty ERA Powered

    Listing date Apr 25, 2025

    Source Crexi

    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 Knipe Realty ERA Powered

    HighLights

    • Turn‑key office space ready for occupancy within 45 days.
    • Renovated in 2021 with modern finishes.
    • 3,652 square feet of space at $24.00 psf Full‑Service.
    • 12 well‑lit private offices, many with window views.
    • Includes a conference room.
    • Features a reception area, in‑suite kitchen, storage, and production spaces.

    Overview

    This 3,652-square-foot office suite, identified as Suite 101, is available for rent. The space was renovated with modern finishes in 2021 and is ready for occupancy within 45 days. The layout includes a conference room, a reception area with a desk, and 12 private offices, many of which are situated along the window-lined perimeter. Additionally, the suite features an in-suite kitchen, storage space, and production areas.
    Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Tigard
    County
    Washington
    State
    Oregon
    Longitude
    -122.7479363
    Latitude
    45.4420583

    Nearby Similar for Lease

    • $24 SF/Yr

      Updated Office Building with Visibility

      Two-story office building with excellent access and recent upgrades.
      7185 SW Sandburg Street, Tigard, OR 97223
      View Details
    • $29 SF/Yr

      Restaurant Space in Pacific Crossroads

      Endcap restaurant space for sublease with excellent visibility.
      11705 Southwest Pacific Highway, Tigard, OR 97223
      View Details
    • $34 SF/Yr

      Class A Suburban Office Building

      Class A office building with modern finishes and recent upgrades.
      11850 Southwest 67th Avenue, Tigard, OR, 97223
      View Details
    • $19 SF/Yr

      Tigard Office Space For Rent

      Office space with excellent road exposure and ample parking.
      12995 SW Pacific Hwy, Tigard, OR
      View Details
    • $33 SF/Yr

      Tigard Office Space For Rent

      Office space in desirable Tigard location with parking.
      13535 SW 72nd Avenue, Tigard, OR 97223
      View Details
    • $32 SF/Yr

      Medical Office Space Available

      Well-maintained medical office space in Tigard, Oregon for lease.
      9370 Southwest Greenburg Road, Tigard, OR, 97223
      View Details
    • $29 SF/Yr

      Tigard Office Space Available

      Office space available for lease in Tigard, Oregon.
      9600 Southwest Oak Street, Tigard, OR, 97223
      View Details
    • Contact for pricing

      Freestanding Office Space in Tigard

      Updated office space with convenient access to major highways.
      11795 SW Greenburg Road, Tigard, OR 97223
      View Details
    • Contact for pricing

      Tigard Office Building For Rent

      Single-story office building in Tigard Triangle, available August 2022.
      6750 SW Franklin Street, Tigard, OR 97223
      View Details
    • Contact for pricing

      Renovated Office Building in Tigard

      Completely renovated office building with secured yard and dedicated parking.
      9045 SW Burnham Street, Tigard, OR 97223
      View Details
    • Contact for pricing

      Mixed-Use Office and Retail Center

      Office and retail spaces available in high-traffic Tigard location.
      11515-11555 SW Durham Road, Tigard, OR 97224
      View Details
    • Contact for pricing

      Revitalized Office Space in Tigard

      Revamped office building with Class A finishes and tax benefits.
      12725 Southwest 66th Avenue, Tigard, OR 97223
      View Details

    FAQs

    What type of property is this?
    Office units - Renovated office suite with modern finishes, ready for occupancy.
    Where is this office units located?
    The property is located at 11501 SW Pacific Hwy Tigard, OR.
    What are key features of this property?
    This property features: Turn‑key office space ready for occupancy within 45 days.; Renovated in 2021 with modern finishes.; 3,652 square feet of space at $24.00 psf Full‑Service.
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Daniel Silvey
    Real Estate License ID: OR
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    11501 SW Pacific Hwy, Tigard, OR 97223
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!