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2419 SE 11th Ave, Portland, OR 97214

Recently renovated office space in convenient location near Division Street.

Space Size2,637 SF
Days on Market1067

Property Features for 2419 SE 11th Ave

General Information

Standard status Active
Size 2,637 SF
Class B
Property subtype Office
Lease Type NNN

Building Details

Building Size 2,637 SF
Tenancy Single

Spaces For Lease

at 2419 SE 11th Ave Contact us

Available Space

Size
2,637 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Capacity Commercial Group
Listed By: Stephen Ossey · License #OR 201233429
Source: Crexi
Added: Sep 19, 2023 Changed: Aug 15 Last Checked: Aug 19 at 4:38PM

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

Investment Insights

Based on property information with market context.

This recently renovated office space offers a pristine work environment in a convenient location, close to public transportation and the amenities of SE Division Street. Situated a half block north of Division Street, this space is suitable for an office user or a retail tenant that does not require ground floor access. The fenced, secured site provides enhanced security.

Key Highlights

  • Recently renovated office space.
  • Convenient location close to public transportation.
  • Close to amenities of SE Division Street.

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Pet Grooming Service Mobile Phone Store Butcher (Bike/Boat/Book/etc) Store Supermarket Locksmith

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
$4.20 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

2,992
Businesses Nearby

Demographics for 97214, OR

28,403
Population
15,948
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
9,794
Density / Sq Mi
$86,879
Median Household Income
$55,643
Median Earnings
$1,628
Median Rent
$733,200
Median Home Value

Market

Lease Benchmarks for Portland, OR

$21.73 /SF/Yr
Avg Asking Price
$1.71–$40.6 /SF/Yr
Price Range
12,121 SF
Avg Space Size

This space is priced 29% above the average of $21.73 /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
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Frequently Asked Questions

What type of property is this?
Office units - Recently renovated office space in convenient location near Division Street.
Where is this office units located?
The property is located at 2419 SE 11th Ave Portland, OR.
What is the lease rate?
The lease rate is $28 SF/Yr.
What are key features of this property?
This property features: Recently renovated office space.; Convenient location close to public transportation.; Close to amenities of SE Division Street.
(503) 816-2047 Call to check price and availability
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