Five-Building Office Retail Complex

14511-559 SW Westlake Dr Lake Oswego, OR 97035

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Five-building complex with a two-story structure and 94.4% occupancy, leaving a small space available for new tenants.

Type:Retail, Mixed Use
Property size:
113,250 SF
Lot size:
2.60 Acres
Price / SF:
$74/SF
Added:
Jul 8, 2026
Days on Market:
4
Last Refresh:
Jul 11 at 2:58 am

Property Features for 14511-559 SW Westlake Dr

General Information

Standard status
Active
Size
113,250 SF
Lot size
2.60 Acres
Property subtype
Retail, Mixed Use

Building Details

Year Built
1995

Listing office Macadam Forbes

Listing date Jul 8, 2026

Source Crexi

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.

This five-building commercial complex offers a mix of single-story and two-story space, totaling 30,080 SF across four single-story buildings and one two-story building. The ownership group is currently obtaining roof replacement bids, supporting ongoing capital planning. The property is reported as 94.4% leased, with one small space available, and includes an executive office space measuring 96 SF among the suite options. An appraisal cited total project square footage of 113,250 SF.

The complex is located at 14511–559 SW Westlake Dr in the Lake Oswego area, and the property information references an additional executive suite building at 14523 Westlake Dr. Tenant spaces within the executive suite building range from 96 to 2,315 SF, and the available space in the overall complex is noted at 1,577 SF.

Per the provided remarks, the roof replacement bidding process is underway and the property’s current WALT is stated as 2.6 years.

Key Highlights

  • Five‑building commercial complex totaling 30,080 SF on 2.6 acres (four single‑story buildings and one two‑story building)
  • 94.4% leased with one available space measuring 1,577 SF
  • Tenant suite sizes range from 96 to 2,315 SF, including a 96 SF executive office space

Property Analytics

Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Barber Shop Parking Lot & Garage Grocery & Convenience Store Catering Service Bakery Cosmetic Store (Bike/Boat/Book/etc) Store Pet Store Tanning Salon Pet Store & Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Five-building complex with a two-story structure and 94.4% occupancy, leaving a small space available for new tenants.
Where is this retail space located?
The property is located at 14511-559 SW Westlake Dr Lake Oswego, OR.
What is the asking price?
The asking price for this property is $8,400,000.
What are key features of this property?
This property features: Five‑building commercial complex totaling 30,080 SF on 2.6 acres (four single‑story buildings and one two‑story building); 94.4% leased with one available space measuring 1,577 SF; Tenant suite sizes range from 96 to 2,315 SF, including a 96 SF executive office space
Contact an agent
(503) 972-7294 Call to check price and availability
More about this property
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