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Medical/Office Building For Lease
For Lease
$11 SF/Yr

1390 Southeast Waverly Drive, Albany, OR 97322

Medical/office building available for lease.

Space SizeContact for details
Days on Market271

Property Features for 1390 Southeast Waverly Drive

General Information

Standard status Active
Property subtype Healthcare
Listing Agency: CBRE | Portland
Listed By: Vickie Maletteri
Source: Cbre
Added: Nov 22, 2025 Changed: Aug 12 Last Checked: Aug 19 at 5:40AM

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.

The property, originally a library, was re-developed in 2009 into a medical/office building. The building offers 4,193 square feet of space and is suitable for medical or office use.

Key Highlights

  • Re‑developed medical/office building.
  • Building was formerly a library.
  • Re‑developed in 2009.

Property Analytics

Current Use

Frontier Dermatology Medical Clinic Todd Knapp Physician Lacey L Roybal Physician Russell Young Physician Dr. Brandon Markus Physician

Suggested Use

Top Pick Law Firm HVAC Service Big Box & Wholesale Store Electrical Service Parking Lot & Garage 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

NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,139
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97322, OR

37,148
Population
14,867
Households
2.5
Avg Household Size
37
Median Age
22%
College-Educated
91%
High-School Grad
63.3 sq mi
ZIP Area
587
Density / Sq Mi
$68,536
Median Household Income
$43,530
Median Earnings
$1,335
Median Rent
$321,200
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • Periwinkle Pet Clinic 1590 SE 9th Ave, Albany, OR 97322
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  • Clements Christina DVM 1590 SE 9th Ave, Albany, OR 97322

Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical/office building available for lease.
Where is this medical office space located?
The property is located at 1390 Southeast Waverly Drive Albany, OR.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Re‑developed medical/office building.; Building was formerly a library.; Re‑developed in 2009.
More about this property
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