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Two-Building Office Campus with Rooftop Decks
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827 NE Oregon St, Portland, OR 97232

Planned two-building office campus with outdoor space on each floor and rooftop decks for tenant use.

Property Size33,056 SF
Days on Market1290

Property Features for 827 NE Oregon St

General Information

Standard status Active
Size 33,056 SF
Property subtype OFFICE

Additional Details

Public Transit Yes

Amenities

outdoor space
rooftop decks
Listing Agency: Capacity Commercial Group
Listed By: Jeff Falconer
Source: Moodyscre
Added: Jan 20, 2023 Changed: Jul 30 Last Checked: Aug 2 at 8:11AM

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.

Planned two-building office campus at 827 NE Oregon St, totaling 33,056 SF. The design focuses on large floor plates with 11' finished ceilings and glass lines to support daylighting and flexible space planning.

Each floor features outdoor space, and both buildings include rooftop decks. The campus also provides direct access to the new Congressman Earl Blumenauer bicycle/pedestrian bridge, with convenient connectivity to the central eastside. It is a block from the Portland streetcar and MAX lines.

The location supports a walkable live/work environment within the Lloyd neighborhood, with Lloyd Center, Oregon Convention Center, Moda Center, and other nearby amenities and destinations within walking distance. The campus is adjacent to Hassalo on Eighth, a mixed-use setting with street-level restaurants, retail, fitness, grocery, and medical.

Key Highlights

  • 33,056 SF planned two‑building office campus
  • Large floor plates with 11' finished ceilings
  • Glass lines supporting daylighting and flexible space planning

Property Analytics

Current Use

Childrens Service Social Service Agency bootshubs Clothing & Fashion Store Deershoes Department Store utopiamoment Clothing & Fashion Store

Suggested Use

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

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

4,798
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 - Planned two-building office campus with outdoor space on each floor and rooftop decks for tenant use.
Where is this office building located?
The property is located at 827 NE Oregon St Portland, OR.
What are key features of this property?
This property features: 33,056 SF planned two‑building office campus; Large floor plates with 11' finished ceilings; Glass lines supporting daylighting and flexible space planning
(503) 307-3075 Call to check price and availability
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