Office Building with Retail
For Lease
Contact for pricing
621 SW 5th Ave, Portland, OR 97204
For rent in Portland, this building includes a reinvigorated retail level and shared amenity spaces for tenants.
Property Size27,160 SF
Days on Market1739
Property Features for 621 SW 5th Ave
General Information
Standard status
Active
Size
27,160 SF
Property subtype
OFFICE
Additional Details
Business Included
No
Amenities
artfully redesigned entry
lobby
upscale lounge area
state-of-the-art fitness center
modern conference and meeting center
secure bike storage
Listing Agency:
CBRE | Portland
(503) 221-4867
Listed By:
Thomas Fellman
Source:
Moodyscre
Added: Oct 26, 2021
Changed: Jul 28
Last Checked: Jul 30 at 1:28PM
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 CBRE | Portland
Investment Insights
Based on property information with market context.
This office building offers a reinvigorated retail level and tenant access to more than 14,000 square feet of shared amenities. The amenity program includes a redesigned entry, lobby, and lounge area, along with a fitness center, a modern conference and meeting center, and secure bike storage.
Located at 621 SW 5th Ave in Portland, the building combines office space with an active retail component on its ground level, supported by the on-site tenant amenity spaces.
Located at 621 SW 5th Ave in Portland, the building combines office space with an active retail component on its ground level, supported by the on-site tenant amenity spaces.
Key Highlights
- Shared tenant amenities total over 14,000 SF, including an artfully redesigned entry, lobby, and upscale lounge area
- State‑of‑the‑art fitness center included in the shared amenity space
- Modern conference and meeting center available for tenants
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
12,966
Businesses Nearby
Explore this area
Business Placement
Demographics for 97204, OR
1,001
Population
441
Households
2.3
Avg Household Size
40
Median Age
14%
College-Educated
90%
High-School Grad
0.2 sq mi
ZIP Area
5,005
Density / Sq Mi
$16,875
Median Earnings
$783
Median Rent
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
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Frequently Asked Questions
What type of property is this?
Office building - For rent in Portland, this building includes a reinvigorated retail level and shared amenity spaces for tenants.
Where is this office building located?
The property is located at 621 SW 5th Ave Portland, OR.
What are key features of this property?
This property features: Shared tenant amenities total over 14,000 SF, including an artfully redesigned entry, lobby, and upscale lounge area; State‑of‑the‑art fitness center included in the shared amenity space; Modern conference and meeting center available for tenants
