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Office Building with Conference Rooms
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700 NE Multnomah St, Portland, OR 97232

Office building features abundant exterior glass, conference rooms, and on-site management with parking.

Property Size17,446 SF
Days on Market1228

Property Features for 700 NE Multnomah St

General Information

Standard status Active
Size 17,446 SF
Property subtype OFFICE

Additional Details

Highway Access Yes

Amenities

on-site property management
engineering staff
conference rooms
Lloyd cycle station
lockers
showers
on-site cafe
access to Hassalo on Eighth retail
one block to Lloyd Center mall
immediate access to restaurants, hotels, business services
two blocks from Tuesday Lloyd farmers market
multiple transportation options - MAX light rail, TriMet bus lines, Portland Streetcar
Listing Agency: Capacity Commercial Group
Listed By: Jeff Falconer
Source: Moodyscre
Added: Mar 24, 2023 Changed: Jul 26 Last Checked: Aug 2 at 3:49AM

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 Capacity Commercial Group

Investment Insights

Based on property information with market context.

This office building offers an exterior glass façade designed to bring in natural light and panoramic views. The building includes conference rooms and is supported by on-site property management and engineering staff. An on-site café is located off the first-floor lobby, providing an amenity for tenants and visitors.

Situated in Portland’s Lloyd District, the property is within walking distance of Lloyd Center and the Lloyd farmers market. Access to Hassalo on Eighth retail includes Green Zebra Grocery, Garden Bar, Cafe Yumm, Little Big Burger, and Orangetheory Fitness. Multiple transportation options are available within one block, including Max light rail, Trimet bus lines, and the Portland streetcar.

The building also includes a Lloyd cycle station with access to lockers and showers, and offers a 2:1,000 parking ratio.

Key Highlights

  • Office building with abundant exterior glass for natural light and panoramic views
  • On‑site property management and engineering staff
  • Conference rooms on‑site

Property Analytics

Current Use

Unisys Corporation (Bike/Boat/Book/etc) Store Landmark Health Medical Clinic Endodontic Associates - Dr. ... Dental Office Benjamin Adam Nielsen, ... Physician ChromeData (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Mobile Phone Store Tanning Salon Adult Day Care Locksmith

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,184
Businesses Nearby

Demographics for 97232, OR

15,382
Population
9,594
Households
1.6
Avg Household Size
37
Median Age
65%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
8,096
Density / Sq Mi
$71,278
Median Household Income
$49,794
Median Earnings
$1,584
Median Rent
$801,300
Median Home Value

Market

Lease Benchmarks for Portland, OR

$18.37 /SF/Yr
Avg Asking Price
$12–$26 /SF/Yr
Price Range
21,894 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 - Office building features abundant exterior glass, conference rooms, and on-site management with parking.
Where is this office building located?
The property is located at 700 NE Multnomah St Portland, OR.
What are key features of this property?
This property features: Office building with abundant exterior glass for natural light and panoramic views; On‑site property management and engineering staff; Conference rooms on‑site
(503) 307-3075 Call to check price and availability
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