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Creative Office Space with Amenities
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621 SW Alder St, Portland, OR 97205

Creative office space features conference room, bike parking, showers, and electric lounge and gym amenities.

Property Size3,007 SF
Days on Market1391

Property Features for 621 SW Alder St

General Information

Standard status Active
Size 3,007 SF
Property subtype OFFICE

Amenities

bike parking
showers
Menashe premiere concierge
conference room
onsite real estate manager & roaming building engineer
electric lounge & gym
Listing Agency: Menashe Properties
Listed By: Carter Beyl
Source: Moodyscre
Added: Oct 12, 2022 Changed: Jul 25 Last Checked: Aug 1 at 7:22AM

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 Menashe Properties

Investment Insights

Based on property information with market context.

This creative office space offers an amenity-forward environment with showers, bike parking, and a conference room for team meetings. Additional building features include an electric lounge and gym, along with on-site management support from a real estate manager and a roaming building engineer.

The space is described as overlooking Broadway, giving the interior a broad streetscape view.

For prospective tenants, the offering also includes a concierge service and access to shared building functionality designed for daily operations.

Key Highlights

  • Creative office space overlooking Broadway
  • Conference room on site
  • Bike parking available

Property Analytics

Current Use

Dr. Alisha Moreland Physician Vyshika Willis, L.M.F.T. Counselor Maya M. Ferdschneider, ... Counselor Sheri Hamilton, M.A.C., ... Counselor PixelPool Inc (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Veterinary Clinic Nursing Home Tanning Salon Buffet Electrical Service 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
$3.15 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

12,966
Businesses Nearby

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

$17.65 /SF/Yr
Avg Asking Price
$1.23–$32 /SF/Yr
Price Range
79,008 SF
Avg Space Size

This space is priced 19% above the average of $17.65 /SF/Yr.

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Creative space - Creative office space features conference room, bike parking, showers, and electric lounge and gym amenities.
Where is this creative space located?
The property is located at 621 SW Alder St Portland, OR.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Creative office space overlooking Broadway; Conference room on site; Bike parking available
(503) 505-7120 Call to check price and availability
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