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Renovated Medical Office Building with ADA Access
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15405 SW 116th Ave, Portland, OR 97224

Renovated office and medical building with ADA access, abundant on-site parking, and secure 24/7 entry for tenants.

Space Size1,551 SF
Days on Market440

Property Features for 15405 SW 116th Ave

General Information

Standard status Active
Size 1,551 SF
Property subtype OFFICE

Spaces For Lease

at 15405 SW 116th Ave Contact us

15405 SW 116th Ave $24/SF/Yr

Floor
2
Size
1,551 SF
Type
OFFICE
Lease Type
PLUS_UTILITIES_AND_JANITORIAL
Availability
AVAILABLE, Now
Sublease
No
The Kings Canyon Building is a thoughtfully renovated office / medical building....
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Listing Agency: North Rim
Listed By: Matt Schweitzer
Source: Moodyscre
Added: Jul 1, 2025 Changed: Sep 4 Last Checked: Sep 13 at 11:32AM

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 North Rim

Investment Insights

Based on property information with market context.

The Kings Canyon Building is a renovated office and medical building designed for convenient tenant access. The property offers ADA access via a ground-level entry to all floors, supporting flexible use for office and medical functions. Tenants also benefit from secure 24/7 building access, along with abundant on-site parking.

The building is located in the Portland SW suburbs, with convenient proximity to Highways 99W, I-5, and 217. It is also close to King City, Tigard, and Sherwood, and surrounded by everyday services such as banks, grocers, and other retailers.

This property’s combination of renovation, ADA-friendly circulation, and 24/7 access makes it well-suited for businesses looking for dependable building access and patient or client-friendly entry.

Key Highlights

  • 1551 SF renovated office and medical building
  • ADA access via ground‑level entry to all floors
  • Secure 24/7 building access

Property Analytics

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Current Use

Dr. Amber Dunn Physician Rachel Martel Physician John Chessar Dental Office BeautyU Studio Hair Salon Rachel Martel, OD, ... Physician

Suggested Use

Top Pick Law Firm Real Estate Agency Electrical Service HVAC Service Skin Care Clinic Big Box & Wholesale Store

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
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

622
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97224, OR

37,365
Population
15,938
Households
2.3
Avg Household Size
43
Median Age
48%
College-Educated
94%
High-School Grad
9.0 sq mi
ZIP Area
4,152
Density / Sq Mi
$94,456
Median Household Income
$55,802
Median Earnings
$1,693
Median Rent
$579,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Portland, OR

$30.52 /SF/Yr
Avg Asking Price
$22–$35.08 /SF/Yr
Price Range
15,659 SF
Avg Space Size

This space is priced 21% below the average of $30.52 /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
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Renovated office and medical building with ADA access, abundant on-site parking, and secure 24/7 entry for tenants.
Where is this medical office space located?
The property is located at 15405 SW 116th Ave Portland, OR.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 1551 SF renovated office and medical building; ADA access via ground‑level entry to all floors; Secure 24/7 building access
(503) 381-3134 Call to check price and availability
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