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

Three levels of secure underground parking support tenants in a central South CBD office setting with elevator service and lobby coffee.

Space Size24,666 SF
Days on Market705

Property Features for 1350 SW 5th Ave

General Information

Standard status Active
Size 24,666 SF
Property subtype OFFICE

Amenities

secure underground parking
destination dispatch express elevator system
Water Avenue Coffee
on-site property management
round-the-clock security
building app
best-in-class connectivity and infrastructure
shared amenity access
panoramic mountain, river, and city views

Spaces For Lease

at 1350 SW 5th Ave Contact us

Exchange Block

Floor
3
Size
24,666 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 23 at 12:15PM

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 centrally located office building offers a secure, multi-level underground parking configuration and convenient destination dispatch elevator service. Tenant-facing building features include an express elevator system, on-site property management, and round-the-clock security with a brand-new building app. The lobby includes Water Avenue Coffee, and tenants benefit from shared amenity access between the Wells Fargo Center and Exchange Block.

The property is described as transit oriented with direct access to MAX and bus service. It also provides panoramic mountain, river, and city views, supporting a workplace environment with established building infrastructure and connectivity.

Overall, the building combines secure parking, controlled security, and amenity sharing across the Wells Fargo Center and Exchange Block for office occupants seeking a well-managed, connectivity-focused downtown presence.

Key Highlights

  • Centrally located in Portland’s south CBD in an amenity‑rich area
  • Transit‑oriented access with direct access to MAX and bus service
  • Three levels of secure underground parking, with additional parking nearby

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 support tenants in a central South CBD office setting with elevator service and lobby coffee.
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: Centrally located in Portland’s south CBD in an amenity‑rich area; Transit‑oriented access with direct access to MAX and bus service; Three levels of secure underground parking, with additional parking nearby
(503) 499-0050 Call to check price and availability
More about this property
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