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Fully Built-Out Medical Office Suite
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700 NE Multnomah St. Suite 1600, Portland, OR 97232

Entire top-floor medical space with plug-and-play exam and procedure rooms in a secured office tower.

Days on Market36

Property Features for 700 NE Multnomah St. Suite 1600

General Information

Standard status Active
Class A
Property subtype Office

Additional Details

Highway Access Yes
Listing Agency:
Listed By: Jeff Falconer, SIOR
Source: Capacitycommercial
Added: Jun 25 Changed: Jul 10 Last Checked: Jul 30 at 4:07AM

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.

This full-floor sublease offers fully built-out medical space on the top floor of a class-A office tower, configured as a plug-and-play clinic. The suite includes a reception area, offices, exam rooms, and procedure rooms, along with a staff break room and conference room for daily operations.

Occupying the entire top floor, the space also provides extensive 360-degree views, including three mountains and the Willamette River. The building offers ample and safe on-site parking and operates with 24-hour building security, including escort to parking. On-site management and engineering support are available, and tenants can access an on-site fitness center with locker rooms and showers, as well as a Lloyd Cycle Station.

Designed for a medical practice looking to move in without extensive build-out, the layout supports both patient flow and clinical workflow with dedicated exam and procedure rooms. The secure building environment, on-site parking, and staffed property support can be practical advantages for operations, while the proximity to restaurants, retail, transportation, and major highways supports day-to-day patient and staff access. The master lease expires March 2026, with an option to extend directly with the landlord.

Key Highlights

  • Fully built‑out medical space: entire top floor of the Lloyd 700 office tower
  • Plug‑and‑play setup with reception, offices, exam rooms, and procedure rooms
  • 24‑hour building security with escort to parking, plus on‑site property management and engineering staff

Property Analytics

Current Use

Unisys Corporation (Bike/Boat/Book/etc) Store Landmark Health Medical Clinic Endodontic Associates - Dr. ... Dental Office Benjamin Adam Nielsen, ... Physician ChromeData (Bike/Boat/Book/etc) Store

Suggested Use

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

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,184
Businesses Nearby
Under-served
Demand for This Use

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

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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Similar Off Market Nearby

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  • Northwest Pet Imaging — 265 N Broadway, Portland, OR 97227

Frequently Asked Questions

What type of property is this?
Medical Office Space - Entire top-floor medical space with plug-and-play exam and procedure rooms in a secured office tower.
Where is this medical office space located?
The property is located at 700 NE Multnomah St. Suite 1600 Portland, OR.
What are key features of this property?
This property features: Fully built‑out medical space: entire top floor of the Lloyd 700 office tower; Plug‑and‑play setup with reception, offices, exam rooms, and procedure rooms; 24‑hour building security with escort to parking, plus on‑site property management and engineering staff
More about this property
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