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Office Space with Unobstructed Views
For Lease
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1500 SW 1st Ave, Portland, OR 97201

Full 4th-floor office space includes unobstructed river and mountain views and lease expires 12/31/2024.

Space Size18,715 SF
Property Size37,430 SF
Days on Market347

Property Features for 1500 SW 1st Ave

General Information

Standard status Active
Size 18,715 SF
Net Rentable 37,430 SF
Property subtype OFFICE
Lease Type Full Service

Space & Availability

Available Space 18,715-37,430 SF
Contiguous Space 37,430 SF
Divisible Yes

Lease Terms

Lease Rate $25 /USD/SF/YR
Monthly Rent $38,989-$77,979
Rent per SF/Year $25

Amenities

river and mountain views

Building Details

Parking Ratio 3.4 per 1,000 SF

Spaces For Lease

at 1500 SW 1st Ave Contact us

1500 SW 1st Ave

Floor
5
Size
18,715 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
Yes
• 18,715 RSF on the full 4th floor • Opportunity for 37,430 RSF on floors 4 and...
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Contact us
Listing Agency: JLL | Portland
Listed By: Eric Haskins · License #B.200009118
Source: Moodyscre
Added: Sep 1, 2025 Changed: Aug 8 Last Checked: Aug 12 at 11:57AM

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 JLL | Portland

Investment Insights

Based on property information with market context.

Available for lease: 18,715 RSF on the full 4th floor at 1500 SW 1st Ave. This space offers unobstructed river and mountain views.

There is also an opportunity to expand to 37,430 RSF across floors 4 and 5, which are connected by an internal stairwell. Lease expiration is 12/31/2024. Parking is available at a ratio of 3.4/1000 in the building garage.

The offering supports office tenants looking for a full-floor layout with view-oriented space, with a built-in path to additional area if floors 4 and 5 are combined.

Key Highlights

  • 18,715 RSF on the full 4th floor
  • Opportunity for 37,430 RSF on floors 4 and 5 via internal stairwell
  • Unobstructed river and mountain views

Property Analytics

Current Use

O'Connor Weber LLC Law Firm Kuzma Law, LLC Law Firm Steve Norman Law ... Law Firm Bridgetown Physical Therapy ... Medical Clinic Philip M. Lebenbaum Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Tanning Salon Veterinary Clinic Pet Grooming Service Buffet Butcher

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
$3.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

9,703
Businesses Nearby

Demographics for 97201, OR

17,352
Population
10,748
Households
1.6
Avg Household Size
34
Median Age
67%
College-Educated
95%
High-School Grad
1.9 sq mi
ZIP Area
9,133
Density / Sq Mi
$67,074
Median Household Income
$48,101
Median Earnings
$1,565
Median Rent
$648,400
Median Home Value

Market

Lease Benchmarks for Portland, OR

$20.96 /SF/Yr
Avg Asking Price
$1.71–$40.6 /SF/Yr
Price Range
12,434 SF
Avg Space Size

This space is priced 19% above the average of $20.96 /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 - Full 4th-floor office space includes unobstructed river and mountain views and lease expires 12/31/2024.
Where is this office units located?
The property is located at 1500 SW 1st Ave Portland, OR.
What are key features of this property?
This property features: 18,715 RSF on the full 4th floor; Opportunity for 37,430 RSF on floors 4 and 5 via internal stairwell; Unobstructed river and mountain views
(503) 972-8611 Call to check price and availability
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