Spaces For Lease

at 2421-2455 SE 11th Ave Contact us

Allan Building $15/SF/Yr

Floor

1

Size

3,424 SF

Type

OFFICE

Lease Type

NNN

Availability

AVAILABLE, Now

Sublease

No

- Immerse yourself in the vibrant energy of Portland as you consider the prime location... of the Allan Building. Nestled in the heart of this dynamic city, the area offers an array of dining, shopping, and entertainment options, all within easy reach of the property. Nearby, you'll find iconic destinations such as the Oregon Museum of Science and Industry, as well as the scenic Eastbank Esplanade, which provides a refreshing retreat along the Willamette River. With a thriving cultural scene and an eclectic mix of culinary delights, the location offers an inviting and inspiring backdrop for businesses and professionals alike.

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Contact us

Listing Agency: Macadam Forbes Show Phone

Listed By: Rod Brokenshire · License ##860500161 Show Phone

Source: Moodyscre

Added: Aug 26, 2025 Changed: Sep 2 Last Checked: Sep 16 at 12:20PM

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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 Macadam Forbes

Investment Insights

Based on property information with market context.

This listing features office space in the Allan Building, a commercial property currently offered for lease.

Located at 2421–2455 SE 11th Ave in Portland, the surrounding area provides a range of dining, shopping, and entertainment options within easy reach. Nearby attractions include the Oregon Museum of Science and Industry and the Eastbank Esplanade along the Willamette River. The property’s central setting supports a workday environment with frequent access to everyday amenities and well-known local destinations.

The offering totals 3,424 square feet, providing a defined footprint for companies seeking office space within this active Portland area.

Key Highlights

• Allan Building offers office space for lease near the Willamette River
• Located near local dining and retail options
• Close to the Oregon Museum of Science and Industry

Property Analytics

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Open Analytics

Current Use

Office buildings

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

$2.25 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

2,992

Businesses Nearby

Explore this area Business Placement

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

$29.65 /SF/Yr

Avg Asking Price

$12–$180 /SF/Yr

Price Range

30,452 SF

Avg Space Size

This space is priced 49% below the average of $29.65 /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

Questions? Ask Rey

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What type of property is this? Where is this office buildings located? What is the lease rate? Find similar properties What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Office building - The Allan Building offers office space for lease near the Willamette River and local dining and retail.

Where is this office building located?

The property is located at 2421-2455 SE 11th Ave Portland, OR.

What is the lease rate?

The lease rate is $15 SF/Yr.

What are key features of this property?

This property features: Allan Building offers office space for lease near the Willamette River; Located near local dining and retail options; Close to the Oregon Museum of Science and Industry