18445 E Burnside, Portland, OR 97233
Fully renovated office space with flexible layout and off-street parking, suited for medical and human services uses.
- Added:
- Jun 15, 2026
- Days on Market:
- 13
- Last Refresh:
- Jun 20 at 5:51 am
Property Features for 18445 E Burnside
General Information
- Standard status
- Active
- Size
- 5,012 SF
- Lot size
- 0.24 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1956
Listing office (971) 341-5218
Listing date Jun 15, 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 Teresa Peterson
HighLights
- Fully renovated commercial office space built in 1956
- 5,012 SF office building on 0.24 acres
- Flexible layout designed for non‑profits, medical offices, and human services
- Off‑street parking for clients and staff
- Located across from Rockwood Market Hall, with proximity to major transit
Overview
Located in the heart of Rockwood, the property sits across from Rockwood Market Hall and near major transit. The setting is transit-oriented with access for both clients and staff, complemented by off-street parking that helps reduce friction for daily visits and appointments.
The configuration and presentation align well with mission-driven organizations, including non-profits and human services groups, as well as medical office users seeking a contemporary workplace. For buyers or tenants looking for an office environment that can be put to work quickly, this property’s renovated condition, flexible interior, and client-friendly access provide a straightforward path to opening or expanding services in the Rockwood community.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $132.3k | $26.40 |
| − Vacancy | −$10.6k | −$2.11 |
| EGI | $121.7k | $24.29 |
| − OpEx | −$48.7k | −$9.72 |
| NOI | $73.0k | $14.57 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Portland
- County
- Washington
- State
- Oregon
- Longitude
- -122.4728669
- Latitude
- 45.5217696
