Renovated Multi-Tenant Office
For Sale
Contact for pricing
Pending
5100 S Macadam Ave, Portland, OR 97239
Flexible office floors include existing wet lab improvements and a renovated lobby with new conferencing facilities.
Property Size101,000 SF
Days on Market140
Property Features for 5100 S Macadam Ave
General Information
Standard status
Pending
Size
101,000 SF
Property subtype
Office
Occupancy
70%
Site & Location
Highway Access
Yes
Road Access
Yes
Amenities
conferencing facility
wet lab space
Building Details
Year Built
1947
Year Renovated
2021
Buildings
1
Building Size
101,000 SF
Tenancy
Multi
Parking Ratio
3.2 per 1,000 SF
Listing Agency:
Newmark - Portland
Listed By:
Kellen Kollmorgen · License #OR 201230180
Source:
Crexi
Added: Apr 13
Changed: Aug 29
Last Checked: Aug 29 at 1:33PM
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 Newmark - Portland
Investment Insights
Based on property information with market context.
Riverside Centre is a multi-tenant suburban office building at 5100 S Macadam Ave in Portland. Originally completed in 1947 and renovated in 2021, the property contains approximately 101,000 square feet and offers flexible floor plates, a renovated lobby, a new conferencing facility, and existing wet lab space on the fifth floor. The building is 83% leased and 70% occupied, with 3.4 years of WALT.
The property is positioned in Johns Landing, less than 10 minutes from downtown Portland, with access to Interstate 5, the Ross Island Bridge, and the Sellwood Bridge. More than 4,100 residential units are located within one mile, while OHSU’s Marquam Hill and South Waterfront campuses are nearby. Additional features include a 3.2-per-1,000-SF parking ratio and views of Mount Hood and the Willamette River.
The property is positioned in Johns Landing, less than 10 minutes from downtown Portland, with access to Interstate 5, the Ross Island Bridge, and the Sellwood Bridge. More than 4,100 residential units are located within one mile, while OHSU’s Marquam Hill and South Waterfront campuses are nearby. Additional features include a 3.2-per-1,000-SF parking ratio and views of Mount Hood and the Willamette River.
Key Highlights
- Approximately 101,000 square feet, originally built in 1947 and renovated in 2021
- 83% leased and 70% occupied with 3.4 years of WALT
- Existing wet lab space built out on the fifth floor
Property Analytics
Property Profile
Current Use
Lease Details
70%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,584
Businesses Nearby
Explore this area
Business Placement
Demographics for 97239, OR
18,323
Population
9,963
Households
1.8
Avg Household Size
39
Median Age
74%
College-Educated
99%
High-School Grad
3.6 sq mi
ZIP Area
5,090
Density / Sq Mi
$108,795
Median Household Income
$67,384
Median Earnings
$1,749
Median Rent
$713,100
Median Home Value
Market
Vacancy Rate% for Office in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Flexible office floors include existing wet lab improvements and a renovated lobby with new conferencing facilities.
Where is this office building located?
The property is located at 5100 S Macadam Ave Portland, OR.
What are key features of this property?
This property features: Approximately 101,000 square feet, originally built in 1947 and renovated in 2021; 83% leased and 70% occupied with 3.4 years of WALT; Existing wet lab space built out on the fifth floor
