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Elevator-Served Creative Office Space
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721 SW Oak St, Portland, OR 97205

Elevator-served office with an exposed ceiling creative environment and 17 secured parking spaces on site.

Space Size6,478 SF
Days on Market1160

Property Features for 721 SW Oak St

General Information

Standard status Active
Size 6,478 SF
Total Parking Spaces 17
Property subtype OFFICE

Amenities

elevator
exposed ceiling
MAX lightrail
Portland Streetcar
Tri-Met bus line
North Park Blocks
nearby hotels
food carts
coffee options

Spaces For Lease

at 721 SW Oak St
721 SW Oak St AVAILABLE, Now
Floor 1
Size 6,478 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Elevator served - Creative environment with exposed ceiling - West end downtown location with close proximity to the Brewery Blocks and Pearl District - 17 secured parking spaces in the building – Immediate access to MAX lightrail, Portland Streetcar, Tri-Met bus line and North Park Blocks – Nearby hotels, food carts and coffee options.
Contact us
Listing Agency: JLL | Portland
Listed By: Eric Haskins · License #B.200009118
Source: Moodyscre
Added: Aug 17, 2023 Changed: Oct 9 Last Checked: Oct 19 at 8:35AM

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 JLL | Portland

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Investment Insights

Based on property information with market context.

This elevator-served creative office space features an exposed ceiling environment designed for tenants who want an open, industrial feel. The building includes 17 secured parking spaces, providing dedicated on-site parking for employees and visitors.

The property is located in the west end of downtown Portland with close proximity to the Brewery Blocks and Pearl District. Public transportation access is immediate, with MAX light rail, Portland Streetcar, Tri-Met bus lines, and the North Park Blocks nearby, along with nearby hotels, food carts, and coffee options.

Key Highlights

  • Elevator‑served office with an exposed ceiling creative environment
  • 17 secured parking spaces on site
  • West end downtown location near the Brewery Blocks and Pearl District

Property Analytics

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Current Use

Jefferson West Apartments ... Apartment Building

Suggested Use

Top Pick Buffet Tanning Salon Nursing Home Clothing & Fashion Store (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

12,940
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Portland, OR

$20.78 /SF/Yr
Avg Asking Price
$12–$32 /SF/Yr
Price Range
10,569 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

Frequently Asked Questions

What type of property is this?
Creative space - Elevator-served office with an exposed ceiling creative environment and 17 secured parking spaces on site.
Where is this creative space located?
The property is located at 721 SW Oak St Portland, OR.
What are key features of this property?
This property features: Elevator‑served office with an exposed ceiling creative environment; 17 secured parking spaces on site; West end downtown location near the Brewery Blocks and Pearl District
(503) 972-8611 Call to check price and availability
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