Building Details

Building Size 164,240 SF

Year Built 1914

Buildings 1

Listing Agency: Kidder Mathews - Portland b***@kidder.com Show Phone

Listed By: Brandon O'Leary · License #81824 Show Phone

Source: Kidder

Added: Mar 8 Changed: Aug 8 Last Checked: Mar 26 at 9:48AM

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Investment Insights

Based on property information with market context.

An office building offering 185,000 square feet of commercial real estate is available for rent in Portland, Oregon.

Key Highlights

• 185,000 sqft office building available for rent.
• Office building.

Property Analytics

Property Profile

Current Use

Lissa Kaufman Law Law Firm Henkels Law LLC Law Firm Field Jerger LLP Law Firm HKM Employment Attorneys ... Law Firm Busse & Hunt Attorneys ... Law Firm

Suggested Use

Top Pick Nursing Home Veterinary Clinic Tanning Salon Buffet (Bike/Boat/Book/etc) Store Daycare Center

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

12,966

Businesses Nearby

Explore this area Business Placement

Demographics for 97205, OR

8,593

Population

6,727

Households

1.3

Avg Household Size

39

Median Age

61%

College-Educated

97%

High-School Grad

0.9 sq mi

ZIP Area

9,548

Density / Sq Mi

$58,943

Median Household Income

$51,002

Median Earnings

$1,381

Median Rent

$693,600

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

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 - 185,000 sqft office building available for rent.

Where is this office building located?

The property is located at 621 SW Morrison St Portland, OR.

What are key features of this property?

This property features: 185,000 sqft office building available for rent.; Office building.