Plug-and-Play Office
For Lease
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408 NW 5th Ave, Portland, OR 97209
Move-in ready office suite with open work areas, private offices, and a kitchenette on each floor.
Space Size4,500 SF
Days on Market255
Property Features for 408 NW 5th Ave
General Information
Standard status
Active
Size
4,500 SF
Property subtype
OFFICE
Lease Type
NNN
Amenities
kitchenette on each floor
shared bike storage
dedicated entrance with signage
multiple windows bring in great natural light
ample street parking and surface lots available
steps away from TriMet transportation
Building Details
Construction
exposed brick and timber
Spaces For Lease
at 408 NW 5th Ave Contact us- Floor
- Lower Level
- Size
- 4,500 SF
- Type
- OFFICE
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
408 NW 5th Ave $15/SF/Yr
- Move-in ready with a blend of open space and offices
- Convenient kitchenette on...
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Contact us
Listing Agency:
Apex Real Estate Partners
(503) 709-3689
Listed By:
Tom Shimota
(503) 709-3689
Source:
Moodyscre
Added: Dec 1, 2025
Changed: Aug 8
Last Checked: Aug 12 at 7:14AM
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 Apex Real Estate Partners
Investment Insights
Based on property information with market context.
Move-in ready office suite designed with a blend of open space and offices, providing flexible day-to-day work areas. Each floor includes a convenient kitchenette. Multiple windows bring in natural light, complemented by historic design elements such as exposed brick, timber, and high ceilings.
The suite features a dedicated entrance with signage for brand visibility. Shared bike storage is available, along with ample street parking and surface lots. The property is steps from TriMet transportation, supporting convenient access for employees and visitors.
The suite features a dedicated entrance with signage for brand visibility. Shared bike storage is available, along with ample street parking and surface lots. The property is steps from TriMet transportation, supporting convenient access for employees and visitors.
Key Highlights
- Move‑in ready office suite with open work areas and private offices
- Kitchenette on each floor for added convenience
- Dedicated entrance with signage and strong brand visibility
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.25 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
11,626
Businesses Nearby
Explore this area
Business Placement
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
Market
Lease Benchmarks for Portland, OR
$20.96 /SF/Yr
Avg Asking Price
$1.71–$40.6 /SF/Yr
Price Range
12,434 SF
Avg Space Size
This space is priced 28% below the average of $20.96 /SF/Yr.
Vacancy Rate% for Office in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Move-in ready office suite with open work areas, private offices, and a kitchenette on each floor.
Where is this office units located?
The property is located at 408 NW 5th 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: Move‑in ready office suite with open work areas and private offices; Kitchenette on each floor for added convenience; Dedicated entrance with signage and strong brand visibility
