2019 Flex
For Lease
$19.50 SF/Yr
454 SE 187th Ave, Portland, OR 97233
Flexible commercial space supports office operations, light storage, production, showroom, and limited fulfillment uses.
Space Size8,193 SF
Days on Market152
Property Features for 454 SE 187th Ave
General Information
Standard status
Active
Size
8,193 SF
Class
B
Property subtype
Office
Lease Term
Gross
Additional Details
Space Use
Flex
Three-Phase Power
Yes
Building Details
Building Size
8,193 SF
Year Built
2019
Spaces For Lease
at 454 SE 187th Ave Contact us- Size
- 8,193 SF
- Term
- Negotiable
Bldg D $19.50/SF/Yr
Listing Agency:
Norris & Stevens
(503) 225-8492
Listed By:
Raymond Duchek · License #970300314
Source:
Tcnworldwide
Added: Apr 1
Changed: Aug 30
Last Checked: Aug 30 at 7:35AM
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 Norris & Stevens
Investment Insights
Based on property information with market context.
Built in 2019, this flex building is configured for a broad mix of office and operational functions. Supported uses include professional services, trade or contractor headquarters, creative production with showroom space, enclosed light repair and maintenance, and office-based co-working or small-business incubation.
The property can also accommodate last-mile retail with limited fulfillment, food and beverage headquarters with limited production subject to health and permitting requirements, medical or clinical support offices, allied health operations, and small-scale trade training. Located at 454 SE 187th Ave in Portland, Oregon, the building offers a flexible setting for businesses combining office activity with modest storage, production, service, or distribution needs.
The property can also accommodate last-mile retail with limited fulfillment, food and beverage headquarters with limited production subject to health and permitting requirements, medical or clinical support offices, allied health operations, and small-scale trade training. Located at 454 SE 187th Ave in Portland, Oregon, the building offers a flexible setting for businesses combining office activity with modest storage, production, service, or distribution needs.
Key Highlights
- Built in 2019
- Flex building at 454 SE 187th Ave, Portland, OR 97233
- Supports professional services and trade or contractor headquarters
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$2.93 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
895
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 97233, OR
41,625
Population
14,844
Households
2.8
Avg Household Size
34
Median Age
18%
College-Educated
80%
High-School Grad
4.6 sq mi
ZIP Area
9,049
Density / Sq Mi
$54,886
Median Household Income
$37,216
Median Earnings
$1,352
Median Rent
$385,100
Median Home Value
Market
Lease Benchmarks for Portland, OR
$14.16 /SF/Yr
Avg Asking Price
$2.07–$20.02 /SF/Yr
Price Range
14,218 SF
Avg Space Size
This space is priced 38% above the average of $14.16 /SF/Yr.
Vacancy Rate% for Office in Portland, OR
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Similar Off Market Nearby
- La cocina de DON RAMON — 18031 SE Stark St, Portland, OR 97233
- Veronica Lee's Classic Home-Style Cuisine — 20121 SE Stark St, Portland, OR 97233
Frequently Asked Questions
What type of property is this?
Flex space - Flexible commercial space supports office operations, light storage, production, showroom, and limited fulfillment uses.
Where is this flex space located?
The property is located at 454 SE 187th Ave Portland, OR.
What is the lease rate?
The lease rate is $19.50 SF/Yr.
What are key features of this property?
This property features: Built in 2019; Flex building at 454 SE 187th Ave, Portland, OR 97233; Supports professional services and trade or contractor headquarters
