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Lower East Burnside Office Space
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422 E Burnside St, Portland, OR 97214

Office space for rent in Lower East Burnside, Portland.

Space Size7,744 SF
Days on Market982

Property Features for 422 E Burnside St

General Information

Standard status Active
Size 7,744 SF
Class B
Property subtype Office
Lease Type Full Service

Building Details

Building Size 7,744 SF
Year Built 2005
Tenancy Single

Spaces For Lease

at 422 E Burnside St Contact us

Available Space

Size
7,744 SF
Type
Office
Lease Type
Full Service
Availability
Active
Contact us
Listing Agency: Capacity Commercial Group
Listed By: Mccoy Doerrie · License #OR
Source: Crexi
Added: Dec 16, 2023 Changed: Aug 24 Last Checked: Aug 23 at 8:49AM

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 commercial real estate offers 7,744 rentable square feet, divisible to approximately 2,800 rentable square feet. The secured building is anchored by Subaru of Portland and features elevator access, off-street parking, showers, and storage. It is located in the heart of Lower East Burnside and is conveniently close to the Convention Center. In-building storage options are available.

Key Highlights

  • Prime Commercial Real Estate in Lower East Burnside.
  • Anchored by Subaru of Portland.
  • Divisible Space: 7,744 RSF, divisible to approximately 2,800 RSF.

Property Analytics

Current Use

Managed HealthCare Northwest, ... Medical Group

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Tanning Salon Adult Day Care Buffet Pet Grooming 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
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

12,611
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

$21.72 /SF/Yr
Avg Asking Price
$1.71–$40.6 /SF/Yr
Price Range
12,129 SF
Avg Space Size

This space is priced 38% above the average of $21.72 /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 - Office space for rent in Lower East Burnside, Portland.
Where is this office units located?
The property is located at 422 E Burnside St Portland, OR.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Prime Commercial Real Estate in Lower East Burnside.; Anchored by Subaru of Portland.; Divisible Space: **7,744 RSF, divisible to approximately 2,800 RSF.**
More about this property
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