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Secure Parking Office Building
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1350 SW 5th Ave, Portland, OR 97201

Three levels of secure underground parking and a lobby coffee amenity support this multi-level Portland office building.

Space Size42,930 SF
Days on Market705

Property Features for 1350 SW 5th Ave

General Information

Standard status Active
Size 42,930 SF
Property subtype OFFICE

Amenities

secure underground parking
destination dispatch express elevator system
transit-oriented location
direct access to MAX and bus
Water Avenue Coffee in lobby
on-site property management
round-the-clock security
building app
best-in-class connectivity and infrastructure
shared amenity access
panoramic views

Spaces For Lease

at 1350 SW 5th Ave Contact us

Exchange Block

Floor
5
Size
42,930 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Centrally located in Portland’s amenity-rich south CBD - Transit oriented location...
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Listing Agency: Colliers | Portland
Listed By: Autumn Brice · License #980800010|WA86002
Source: Moodyscre
Added: Sep 19, 2024 Changed: Aug 8 Last Checked: Aug 24 at 12:13PM

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 Colliers | Portland

Investment Insights

Based on property information with market context.

This multi-level office building offers three levels of secure underground parking and a convenient destination dispatch express elevator system. The lobby features Water Avenue Coffee, and the property includes on-site management and round-the-clock security. Tenants also have access to a shared building app for building-related updates.

The building is described as centrally located in Portland’s south CBD with direct transit access to MAX and bus service. It also provides shared amenity access between Wells Fargo Center and Exchange Block, along with panoramic mountain, river, and city views.

Additional parking is available in the surrounding neighborhood, supporting tenant and visitor needs beyond the structured garage.

Key Highlights

  • Three levels of secure underground parking, with additional parking available in the surrounding neighborhood
  • Transit‑oriented access with direct connections to MAX and bus service
  • Convenient destination dispatch express elevator system

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Veterinary Clinic Pet Grooming Service Tanning Salon Daycare Center (Bike/Boat/Book/etc) Store Butcher

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

11,177
Businesses Nearby

Demographics for 97201, OR

17,352
Population
10,748
Households
1.6
Avg Household Size
34
Median Age
67%
College-Educated
95%
High-School Grad
1.9 sq mi
ZIP Area
9,133
Density / Sq Mi
$67,074
Median Household Income
$48,101
Median Earnings
$1,565
Median Rent
$648,400
Median Home Value

Market

Lease Benchmarks for Portland, OR

$33.03 /SF/Yr
Avg Asking Price
$12–$180 /SF/Yr
Price Range
26,702 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 - Three levels of secure underground parking and a lobby coffee amenity support this multi-level Portland office building.
Where is this office building located?
The property is located at 1350 SW 5th Ave Portland, OR.
What are key features of this property?
This property features: Three levels of secure underground parking, with additional parking available in the surrounding neighborhood; Transit‑oriented access with direct connections to MAX and bus service; Convenient destination dispatch express elevator system
(503) 499-0050 Call to check price and availability
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