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Office Suite with Monument Signage
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121-151 NE 102nd Ave, Portland, OR 97220

Office space in a building with 2021 upgrades and negotiable parking, offering a 4.7/1,000 sf ratio.

Property Size2,694 SF
Days on Market623

Property Features for 121-151 NE 102nd Ave

General Information

Standard status Active
Size 2,694 SF
Property subtype OFFICE
Lease Type SF/yr

Site & Location

Highway Access Yes
Public Transit Yes

Amenities

monument signage

Building Details

Year Renovated 2021
Parking Ratio 4.7 per 1,000 SF
Listing Agency: Macadam Forbes
Listed By: Tyler Collins · License ##201219113
Source: Moodyscre
Added: Nov 14, 2024 Changed: Jul 29 Last Checked: Jul 30 at 8:46AM

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 Macadam Forbes

Investment Insights

Based on property information with market context.

Office space within a property that completed building and parking lot upgrades in 2021. Monument signage is available, and parking is negotiable with a stated ratio of 4.7 spaces per 1,000 square feet.

The property is positioned just south of Gateway Center and the Trimet MAX station, near Fred Meyer and Providence Medical Center, in the vicinity of the confluence of I-84 and I-205. Mall 205 is to the north with anchor tenants including Home Depot, Target, and Adventist Medical Center.

The offering is configured for office use and is presented for rent, supported by on-site parking availability consistent with the provided ratio.

Key Highlights

  • Building and parking lot upgrades completed in 2021
  • Parking negotiable; parking ratio of 4.7/1,000 SF
  • Monument signage available

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service Auto Parts Store HVAC Service Kitchen & Bath Showroom

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
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,506
Businesses Nearby

Demographics for 97220, OR

29,357
Population
12,177
Households
2.4
Avg Household Size
39
Median Age
35%
College-Educated
88%
High-School Grad
7.5 sq mi
ZIP Area
3,914
Density / Sq Mi
$68,976
Median Household Income
$41,696
Median Earnings
$1,412
Median Rent
$427,700
Median Home Value

Market

Lease Benchmarks for Portland, OR

$19.5 /SF/Yr
Avg Asking Price
$0.6–$40.6 /SF/Yr
Price Range
25,476 SF
Avg Space Size

This space is priced 3% above the average of $19.5 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space in a building with 2021 upgrades and negotiable parking, offering a 4.7/1,000 sf ratio.
Where is this office units located?
The property is located at 121-151 NE 102nd Ave Portland, OR.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Building and parking lot upgrades completed in 2021; Parking negotiable; parking ratio of 4.7/1,000 SF; Monument signage available
(503) 416-0088 Call to check price and availability
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