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Class A Office Building with Amenities
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888 SW 5th Ave, Portland, OR 97204

16-story Class A office with 2019 lobby remodel and large, flexible floor plates, plus planned common amenities.

Space SizeContact for details
Days on Market29

Property Features for 888 SW 5th Ave

General Information

Standard status Active
Class A
Property subtype office

Building Details

Year Renovated 2019
Stories 16
Listing Agency: Portland
Listed By: Eric Haskins · License #B.200009118
Source: Property.jll
Added: Jul 16 Changed: Aug 10 Last Checked: Aug 12 at 3:22AM

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 Portland

Investment Insights

Based on property information with market context.

This 16-story Class A office building offers a tenant-ready environment with a 2019 full lobby remodel featuring updated finishes and furniture. Space is described as large and flexible, designed to accommodate both traditional and creative companies, along with a tenant roster of industry leaders.

The building’s common amenities were set to be delivered in Q4 2020 and include an outdoor deck, a fitness center, locker rooms with showers, and a conference room. The property also highlights building amenities positioned to support day-to-day operations.

Overall, it is presented as a modern, amenity-focused office option with adaptable floor plate configurations and a refreshed lobby experience.

Key Highlights

  • 16‑story Class A office building with large, flexible floor plates for traditional or creative companies
  • 2019 full lobby remodel with state‑of‑the‑art finishes, features, and furniture
  • New building common amenities planned for delivery in Q4 2020

Property Analytics

Current Use

Emery Chandra Law Firm Levy Jonathan Law Firm Greenman Ronald L Law Firm Calderbank, Timothy J. ... Law Firm Chubb Group of Insurance ... Insurance Agency

Suggested Use

Top Pick Veterinary Clinic Tanning Salon Nursing Home Pet Grooming Service Daycare Center Buffet

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

12,566
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

$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 - 16-story Class A office with 2019 lobby remodel and large, flexible floor plates, plus planned common amenities.
Where is this office building located?
The property is located at 888 SW 5th Ave Portland, OR.
What are key features of this property?
This property features: 16‑story Class A office building with large, flexible floor plates for traditional or creative companies; 2019 full lobby remodel with state‑of‑the‑art finishes, features, and furniture; New building common amenities planned for delivery in Q4 2020
More about this property
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