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Four-Story Office Building
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5335 Meadows Rd, Lake Oswego, OR 97035

1988-built four-story brick office building with surface and covered, secured in-building parking.

Space SizeContact for details
Days on Market29

Property Features for 5335 Meadows Rd

General Information

Standard status Active
Class A
Property subtype office
Listing Agency: Portland
Listed By: Jessica Ramey · License #B.200404050
Source: Property.jll
Added: Jul 16 Changed: Aug 12 Last Checked: Aug 12 at 3:21AM

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.

Kruse Woods II is a four-story brick office building built in 1988. The property offers a complimentary conference facility in Suite 375, including two conference rooms with boardroom-style seating for twelve in Conference Room A and seating for six in Conference Room B. A separate kitchen serves both conference rooms.

The building is located at the intersection of Kruse Way and Kruse Oaks Drive at 5335 Meadows Rd in Lake Oswego, OR.

Parking is available as a combination of surface and covered, secured, in-building spaces.

Key Highlights

  • 4‑story brick office building built in 1988 at the intersection of Kruse Way and Kruse Oaks Drive
  • Combination of surface and covered, secured in‑building parking
  • Complimentary conference facility in Suite 375

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Auto Repair Shop (Bike/Boat/Book/etc) Store Auto Parts Store Parking Lot & Garage Nail Salon Storage Facility

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

2,194
Businesses Nearby

Demographics for 97035, OR

25,770
Population
11,822
Households
2.2
Avg Household Size
44
Median Age
73%
College-Educated
99%
High-School Grad
5.8 sq mi
ZIP Area
4,443
Density / Sq Mi
$126,866
Median Household Income
$75,523
Median Earnings
$1,951
Median Rent
$790,900
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - 1988-built four-story brick office building with surface and covered, secured in-building parking.
Where is this office building located?
The property is located at 5335 Meadows Rd Lake Oswego, OR.
What are key features of this property?
This property features: 4‑story brick office building built in 1988 at the intersection of Kruse Way and Kruse Oaks Drive; Combination of surface and covered, secured in‑building parking; Complimentary conference facility in Suite 375
More about this property
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