Multi-Tenant Building Near Willamette
For Lease
$20 SF/Yr
5441 South Macadam Avenue, Portland, OR 97239
Three-story office building with excellent accessibility near the Willamette River.
Space Size601 SF - 2,000 SF
Property Size11,000 SF
Days on Market314
Property Features for 5441 South Macadam Avenue
General Information
Standard status
Active
Size
601 SF - 2,000 SF
Class
B
Property subtype
Office
Lease Term
MG
Building Details
Building Size
11,000 SF
Spaces For Lease
at 5441 South Macadam Avenue Contact usSuite 100 $20/SF/Yr
Size
601 SF
Term
Negotiable
Suite 102 $20/SF/Yr
Size
2,000 SF
Term
Negotiable
Suite 104 $20/SF/Yr
Size
1,677 SF
Term
Negotiable
Suite 200 $20/SF/Yr
Size
1,377 SF
Term
Negotiable
Suite 206 $20/SF/Yr
Size
1,186 SF
Term
Negotiable
Suite 208 $20/SF/Yr
Size
1,764 SF
Term
Negotiable
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Listing Agency:
Norris & Stevens, Inc. - Corporate
Listed By:
Duane Link
(503) 225-8465
Source:
Tcnworldwide
Added: Nov 24, 2025
Changed: Oct 4
Last Checked: Oct 4 at 8:28AM
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, Inc. - Corporate
Investment Insights
Based on property information with market context.
This is a three-story multi-tenant office building offering floor plates ranging in size from 3,624 to 4,358 square feet. The property is located two blocks from the Willamette River and is adjacent to a renovated water tower building. The building has excellent accessibility on South Macadam Avenue. The total property size is 11,630 square feet.
Key Highlights
- Excellent accessibility on S Macadam Ave
- Just 2 blocks from the Willamette River
- Floor plate size at 3,624 - 4,358 SF
Property Analytics
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,623
Businesses Nearby
Explore this area
Business Placement
Demographics for 97239, OR
18,323
Population
9,963
Households
1.8
Avg Household Size
39
Median Age
74%
College-Educated
99%
High-School Grad
3.6 sq mi
ZIP Area
5,090
Density / Sq Mi
$108,795
Median Household Income
$67,384
Median Earnings
$1,749
Median Rent
$713,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Portland, OR
$29.67 /SF/Yr
Avg Asking Price
$12–$180 /SF/Yr
Price Range
30,237 SF
Avg Space Size
This space is priced 33% below the average of $29.67 /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 building - Three-story office building with excellent accessibility near the Willamette River.
Where is this office building located?
The property is located at 5441 South Macadam Avenue Portland, OR.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: Excellent accessibility on S Macadam Ave; Just 2 blocks from the Willamette River; Floor plate size at 3,624 - 4,358 SF
