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Flex Space with Office
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621 Southeast 12th Avenue, Portland, OR 97214

Warehouse-oriented flex property with dedicated office space in Portland.

Space SizeContact for details
Days on Market91

Property Features for 621 Southeast 12th Avenue

General Information

Standard status Active
Property subtype Industrial
Listing Agency: CBRE - Portland
Listed By: Eleanor Aschoff · License #971000188
Source: Cbre
Added: Jun 2 Changed: Aug 30 Last Checked: Aug 31 at 1:01PM

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 CBRE - Portland

Investment Insights

Based on property information with market context.

This 4,690-square-foot flex property combines warehouse space with an office component, providing a practical configuration for commercial users seeking both operational and administrative areas within one building. The property is located at 621 Southeast 12th Avenue in Portland, Oregon 97214.

Key Highlights

  • 4,690 SF building area
  • Warehouse building with office space
  • Located at 621 Southeast 12th Avenue, Portland, OR 97214

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Tanning Salon Locksmith

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

Location Intelligence

Trade Area within ½ mile

5,422
Businesses Nearby
Well-served
Demand for This Use

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

$15.28 /SF/Yr
Avg Asking Price
$2.07–$20.02 /SF/Yr
Price Range
13,765 SF
Avg Space Size

Vacancy Rate% for Industrial in Portland, OR

3.4% 2019
4.1% 2020
2.5% 2021
2.1% 2022
4.2% 2023
5.5% 2024
6.6% 2025
Rey
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Similar Off Market Nearby

  • ChefStable Catering 2136 SE 8th Ave, Portland, OR 97214, United States
  • Trailhead Coffee Roasters 350 SE Mill St, Portland, OR 97214
  • Accent Party Planning Portland, OR 97214
  • Sugar Street Catering 3334, 1430 SE Water Ave #102, Portland, OR 97214
  • Alimenti Event Services, LLC 1430 SE Water Ave #102, Portland, OR 97214

Frequently Asked Questions

What type of property is this?
Flex space - Warehouse-oriented flex property with dedicated office space in Portland.
Where is this flex space located?
The property is located at 621 Southeast 12th Avenue Portland, OR.
What are key features of this property?
This property features: 4,690 SF building area; Warehouse building with office space; Located at 621 Southeast 12th Avenue, Portland, OR 97214
More about this property
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