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Class A Office Building
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700 NE Multnomah St, Portland, OR 97232

Class A office building in Portland's Lloyd Community.

Space Size570 SF - 17,446 SF
Property Size261,955 SF
Days on Market208

Property Features for 700 NE Multnomah St

General Information

Standard status Active
Size 570 SF - 17,446 SF
Class A
Property subtype Office

Building Details

Building Size 261,955 SF
Year Built 1971

Spaces For Lease

at 700 NE Multnomah St Contact us

Suite 1000

Size
17,446 SF
Type
Office Building
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite 1525

Size
2,906 SF
Type
Office Building
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite 1540

Size
3,014 SF
Type
Office Building
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite 1600

Size
17,446 SF
Type
Office Building
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite 330

Size
1,314 SF
Type
Office Building
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite 355

Size
570 SF
Type
Office Building
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite 400

Size
5,100 SF
Type
Office Building
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite 420

Size
3,220 SF
Type
Office Building
Term
Negotiable
Rate
Contact for pricing
Contact us

Suite 870

Size
1,852 SF
Type
Office Building
Term
Negotiable
Rate
Contact for pricing
Contact us
Listing Agency:
Listed By: Jeff Falconer, SIOR
Source: Corfac
Added: Jan 26 Changed: Aug 8 Last Checked: Apr 5 at 8:34PM

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 Jeff Falconer, SIOR

Investment Insights

Based on property information with market context.

The Lloyd 700 Building is a Class A office building featuring a renovated lobby entry. It is located in the heart of Portland’s vibrant Lloyd District and is immediately adjacent to the Hassalo on Eighth residential and retail buildings. The building offers efficient floor plans that create exceptional tenant layouts and provide superior flexibility for single and multi-tenant floors. State-of-the-art dispatch elevators and building controls enhance the building's efficiency. The property features a cafe, on-site business services, and views of Portland's West Side, the Willamette River, and surrounding mountains. Other amenities include a bike hub with access to lockers and showers. The building is near MAX (light rail) and Tri-Met public transportation, the Lloyd Center Mall, numerous restaurants, hotels, business services, the Oregon Convention Center, and the Moda Center. The Lloyd 700 Building shares a 3-story garage with Hassalo on Eighth and was awarded an Energy Star label in 2010 for its operating efficiency. The building has abundant exterior glass allowing for natural light and panoramic views. On-site property management and engineering staff are available. The parking ratio is 2:1000. Conference rooms are available in the building. The Lloyd Cycle Station provides access to lockers and showers. An on-site espresso bar is located off the first-floor lobby. There is access to Hassalo on Eighth retail, including Evergreens, Cafe Yumm, Block Advisors, and Orangetheory Fitness. It is one block to Lloyd Center Mall with immediate access to area restaurants, hotels, and business services. Multiple transportation options are available, including MAX Light Rail, TriMet bus lines, and the Portland Streetcar within one block. The building offers superior freeway and airport access. The property size is 261955 square feet.

Key Highlights

  • Premier Location: Centrally located in Portland's vibrant Lloyd District with immediate access to numerous restaurants, hotels, business services, and the Lloyd Center Mall.
  • Excellent Transportation Access: Multiple transportation options including MAX Light Rail, TriMet bus lines, Portland Streetcar, and superior freeway and airport access.
  • Modern Amenities: Features a renovated lobby, cafe, on‑site business services, bike hub with lockers and showers, and access to Hassalo on Eighth retail.

Property Analytics

Current Use

Unisys Corporation (Bike/Boat/Book/etc) Store Landmark Health Medical Clinic Endodontic Associates - Dr. ... Dental Office Benjamin Adam Nielsen, ... Physician ChromeData (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Florist Mobile Phone Store Tanning Salon Adult Day Care 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

4,184
Businesses Nearby

Demographics for 97232, OR

15,382
Population
9,594
Households
1.6
Avg Household Size
37
Median Age
65%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
8,096
Density / Sq Mi
$71,278
Median Household Income
$49,794
Median Earnings
$1,584
Median Rent
$801,300
Median Home Value

Market

Lease Benchmarks for Portland, OR

$34.07 /SF/Yr
Avg Asking Price
$12–$180 /SF/Yr
Price Range
26,474 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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Frequently Asked Questions

What type of property is this?
Office building - Class A office building in Portland's Lloyd Community.
Where is this office building located?
The property is located at 700 NE Multnomah St Portland, OR.
What are key features of this property?
This property features: Premier Location: Centrally located in Portland's vibrant Lloyd District with immediate access to numerous restaurants, hotels, business services, and the Lloyd Center Mall.; Excellent Transportation Access: Multiple transportation options including MAX Light Rail, TriMet bus lines, Portland Streetcar, and superior freeway and airport access.; Modern Amenities: Features a renovated lobby, cafe, on‑site business services, bike hub with lockers and showers, and access to Hassalo on Eighth retail.
More about this property
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