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Renovated Office Space with Skylights

1715 NW 17th Ave, Portland, OR 97209

For Lease
$17 SF/Yr

Recently renovated office space with polished concrete floors, abundant natural light, and on-site bike storage.

Space Size68,767 SF
Days on Market142

Property Features for 1715 NW 17th Ave

General Information

Standard status Active
Size 68,767 SF
Class B
Property subtype Office / Flex / Retail
Lease Term NNN

Site & Location

Neighborhood Irvington Community Association

Building Details

Building Size 68,767 SF
Year Built 2020
Year Renovated 2020

Spaces For Lease

at 1715 NW 17th Ave
Premier Gear Works Building $17/SF/Yr
Size 68,767 SF
Term Negotiable
Contact us
Listing Agency: Capacity Commercial Group/CORFAC International
Listed By: Don Ossey, SIOR
Source: Capacitycommercial
Added: Jun 25 Changed: Oct 25 Last Checked: Nov 12 at 5:24AM

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 Capacity Commercial Group/CORFAC International

Rey
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Investment Insights

Based on property information with market context.

Available for lease is a renovated office space totaling 68,767 SF, with flexibility to divide down to 34,383 SF. The property was completely renovated in 2020, including new windows and skylights, with polished concrete floors throughout. Seismic upgrades are also in place to support the building’s safety and performance requirements.

The space is situated on the second story and features a reinforced concrete and mass timber construction deck. Oversized windows throughout the interior are designed to bring in substantial daylight, creating a light-filled work environment. The layout supports collaboration, and bike storage is included for employee commuting needs.

This offering is well suited for organizations looking for a modern, daylight-forward office environment that has already undergone major improvements, including window and skylight replacements, floor finishes, and seismic upgrades. The divisible footprint can accommodate teams that need a larger presence or a smaller, more focused suite while remaining within the same renovated building improvements. For prospective tenants and their advisors, the combination of updated building systems and flexible sizing provides a practical path to plan around near- and mid-term space requirements.

Key Highlights

  • 68,767 SF available and divisible to 34,383 SF
  • Completely renovated in 2020 with new windows and skylights
  • Polished concrete floors throughout

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Woodblock Chocolate Specialty Food Shop Willoughby Group Building Supply

Suggested Use

Top Pick HVAC Service Electrical Service Daycare Center (Bike/Boat/Book/etc) Store Auto Parts Store Plumbing Service

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
$2.55 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,959
Businesses Nearby

Demographics for 97209, OR

22,755
Population
16,437
Households
1.4
Avg Household Size
38
Median Age
66%
College-Educated
96%
High-School Grad
1.0 sq mi
ZIP Area
22,755
Density / Sq Mi
$84,059
Median Household Income
$68,731
Median Earnings
$1,669
Median Rent
$573,700
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

$22.18 /SF/Yr
Avg Asking Price
$1.71–$37 /SF/Yr
Price Range
12,897 SF
Avg Space Size

This space is priced 23% below the average of $22.18 /SF/Yr.

Properties on Market for Office Units in Portland

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - Recently renovated office space with polished concrete floors, abundant natural light, and on-site bike storage.
Where is this office unit located?
The property is located at 1715 NW 17th Ave Portland, OR.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: 68,767 SF available and divisible to 34,383 SF; Completely renovated in 2020 with new windows and skylights; Polished concrete floors throughout
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