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Flex Space with Showroom
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For Lease
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5 NE Hancock St, Portland, OR 97212

Versatile warehouse and office property with a showroom, conference room, and secured paved parking.

Space Size4,712 SF
Days on Market6

Property Features for 5 NE Hancock St

General Information

Standard status Active
Size 4,712 SF
Property subtype Office
Lease Term NNN

Site & Location

Highway Access Yes
Fenced Yard Yes

Additional Details

Space Use Warehouse

Amenities

Break Room
Conference Room

Building Details

Building Size 4,712 SF
Year Built 1985

Spaces For Lease

at 5 NE Hancock St Contact us

5 NE Hancock St $1.30/SF/Yr

Size
4,712 SF
Term
Negotiable
Contact us
Listed By: Mike Hale, SIOR
Source: Corfac
Added: Sep 12 Last Checked: Sep 16 at 6:35PM

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 Mike Hale, SIOR

Investment Insights

Based on property information with market context.

Built in 1985, this flex property combines warehouse, office, and showroom functionality in one commercial building. The office area includes an open workspace, break room, conference room, and two restrooms.

The premises also provide off-street parking within a secured, fenced, paved area. Access to I-5 and I-84 supports regional connectivity for occupants and visitors.

Key Highlights

  • Warehouse, office, and showroom configuration
  • Open office area with break room and conference room
  • 2 restrooms

Property Analytics

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Open Analytics

Current Use

RH Brown Material Handling Equipment Supplier

Suggested Use

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

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

Yes
Fenced yard
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,870
Businesses Nearby
Balanced
Demand for This Use

Demographics for 97212, OR

26,568
Population
12,064
Households
2.2
Avg Household Size
40
Median Age
70%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
9,840
Density / Sq Mi
$128,098
Median Household Income
$65,836
Median Earnings
$1,790
Median Rent
$824,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Portland, OR

$15.82 /SF/Yr
Avg Asking Price
$2.07–$23 /SF/Yr
Price Range
13,795 SF
Avg Space Size

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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  • Devil's Food Catering 722 N Page St, Portland, OR 97227

Frequently Asked Questions

What type of property is this?
Flex space - Versatile warehouse and office property with a showroom, conference room, and secured paved parking.
Where is this flex space located?
The property is located at 5 NE Hancock St Portland, OR.
What are key features of this property?
This property features: Warehouse, office, and showroom configuration; Open office area with break room and conference room; 2 restrooms
More about this property
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