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Turnkey Ground-Floor Office Suite
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4011-4023 NE Hancock St, Portland, OR 97212

Move-in ready ground-floor condo with turnkey setup, offices and conference rooms, and security system in place.

Space SizeContact for details
Property Size2,212 SF
Days on Market494

Property Features for 4011-4023 NE Hancock St

General Information

Standard status Active
Size 2,212 SF
Property subtype OFFICE
Lease Type SF/yr

Amenities

security system
offices and conference rooms
relites
roll-up door

Building Details

Year Built 2004

Spaces For Lease

at 4011-4023 NE Hancock St Contact us

4023 NE Hancock St $25/SF/Yr

Contact us
Listing Agency: Apex Real Estate Partners
Listed By: Tom Shimota
Source: Moodyscre
Added: Mar 28, 2025 Changed: Jul 26 Last Checked: Aug 2 at 11:10AM

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 Apex Real Estate Partners

Investment Insights

Based on property information with market context.

This ground-floor office condo is approximately 2,212 square feet and was built in 2004. The space is presented as move-in ready with a turnkey, plug-and-play configuration, including a security system. Offices and conference rooms are designed around abundant natural light, with relites for an open, collaborative feel. A roll-up door provides access and allows fresh air into the space.

The suite offers visibility along NE Hancock Street, supported by its street-facing presence.

The available configuration supports a professional office layout with multiple work areas and meeting space, paired with practical after-hours accessibility via the roll-up door and a secured environment.

Key Highlights

  • Ground‑floor condo with ±2,212 SF built in 2004
  • Move‑in ready with turnkey, plug‑and‑play setup
  • Security system in place

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick HVAC Service Electrical Service (Bike/Boat/Book/etc) Store Building Supply Computer & Electronic Repair Tech Support 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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,102
Businesses Nearby

Demographics for 97212, OR

26,568
Population
12,064
Households
2.2
Avg Household Size
40
Median Age
70%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
9,840
Density / Sq Mi
$128,098
Median Household Income
$65,836
Median Earnings
$1,790
Median Rent
$824,800
Median Home Value

Market

Lease Benchmarks for Portland, OR

$20 /SF/Yr
Avg Asking Price
$1.23–$40.6 /SF/Yr
Price Range
12,401 SF
Avg Space Size

This space is priced 25% above the average of $20 /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
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Frequently Asked Questions

What type of property is this?
Office units - Move-in ready ground-floor condo with turnkey setup, offices and conference rooms, and security system in place.
Where is this office units located?
The property is located at 4011-4023 NE Hancock St Portland, OR.
What is the lease rate?
The lease rate is $25 SF/Yr.
What are key features of this property?
This property features: Ground‑floor condo with ±2,212 SF built in 2004; Move‑in ready with turnkey, plug‑and‑play setup; Security system in place
(503) 709-3689 Call to check price and availability
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