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Office Unit With Transit Access
New
For Lease
$17.28 SF/Yr

1623 SE Lafayette Street, Portland, OR 97202

Office space with signage opportunities, included building expenses, utilities, and convenient access to public transportation.

Space Size586 SF
Property Size4,600 SF
Days on Market7

Property Features for 1623 SE Lafayette Street

General Information

Standard status Active
Size 586 SF
Class B
Total Parking Spaces 1
Property subtype Office - Flex - Office

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes
Utilities to Site Yes

Additional Details

Space Use Office

Amenities

signage opportunities

Building Details

Building Size 4,600 SF
Year Built 1987

Spaces For Lease

at 1623 SE Lafayette Street Contact us

1623 SE Lafayette St $17.28/SF/Yr

Size
586 SF
Type
Office
Lease Type
Modified Gross
Availability
Immediate
Sublease
No
Renewal Option
Yes
Contact us
Listing Agency: Commercial Real Estate NW
Listed By: Marissa Lee · License #201221687
Source: Commercialcafe
Added: Sep 21 Changed: Sep 23 Last Checked: Sep 26 at 4:04AM

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 Commercial Real Estate NW

Investment Insights

Based on property information with market context.

Office space is available within a 1987 property at the corner of SE 17th and SE Lafayette in Portland’s Brooklyn neighborhood. The space is described as bright and clean, with signage opportunities on both street frontages and a private main entrance on SE Lafayette.

The SE 17th & Rhine MAX Orange Line station is one block away, while Powell Boulevard and I-5 provide access to major thoroughfares. Occupancy costs include taxes, insurance, CAMs, electric service, water, and one parking space. The tenant is responsible only for trash and phone or internet service.

Key Highlights

  • Corner location at 1623 SE Lafayette Street, Portland, OR 97202
  • One block from the SE 17th & Rhine MAX Orange Line station
  • Signage opportunities along both SE 17th and SE Lafayette

Property Analytics

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Current Use

Office Units

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Locksmith Auto Parts Store Butcher Travel Agency

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

Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
NNN (Triple Net)
Lease Type
$2.59 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,400
Businesses Nearby

Demographics for 97202, OR

43,193
Population
20,097
Households
2.1
Avg Household Size
38
Median Age
65%
College-Educated
96%
High-School Grad
6.3 sq mi
ZIP Area
6,856
Density / Sq Mi
$100,353
Median Household Income
$52,090
Median Earnings
$1,674
Median Rent
$684,800
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

$22.4 /SF/Yr
Avg Asking Price
$1.71–$40.6 /SF/Yr
Price Range
12,582 SF
Avg Space Size

This space is priced 23% below the average of $22.4 /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 - Office space with signage opportunities, included building expenses, utilities, and convenient access to public transportation.
Where is this office units located?
The property is located at 1623 SE Lafayette Street Portland, OR.
What is the lease rate?
The lease rate is $17.28 SF/Yr.
What are key features of this property?
This property features: Corner location at 1623 SE Lafayette Street, Portland, OR 97202; One block from the SE 17th & Rhine MAX Orange Line station; Signage opportunities along both SE 17th and SE Lafayette
More about this property
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