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Low-Rise Office Building with Parking
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7201 North Interstate Avenue, Portland, OR 97217

Two-story office building with brick construction, multiple surface parking areas, and excess land for potential expansion.

Property Size48,420 SF
Lot Size2.44 Acres
Days on Market60

Property Features for 7201 North Interstate Avenue

General Information

Standard status Active
Size 48,420 SF
Lot size 2.44 Acres
Property subtype Healthcare

Additional Details

Highway Access Yes

Building Details

Year Built 1976
Stories 2
Listing Agency: CBRE - Portland
Listed By: Graham Taylor · License #01429996
Source: Cbre
Added: Jul 10 Changed: Sep 5 Last Checked: Sep 7 at 5:42AM

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.

7201 N Interstate Ave is a two-story low-rise office building offering a total of 42,350 SF on a 2.44-acre site. The property was constructed in 1976 and features high-image brick construction and modern infrastructure, with efficient access designed for both employees and clients. The building is supported by three areas for parking, along with ample surface parking across the site.

The asset is located with direct access to I-5 and convenience to regional transportation, including a MAX light rail stop steps away and proximity to Portland International Airport. Additional excess land provides potential for expansion or development, depending on future plans.

Overall, this is a straightforward office property configuration for an owner-user or investment strategy, combining established building improvements with flexible site capacity.

Key Highlights

  • 42,350 SF two‑story low‑rise office building on a 2.44‑acre site
  • Brick construction; built in 1976 and described as thoughtfully maintained
  • Ample surface parking plus additional excess land for potential expansion or development

Property Analytics

Current Use

Miguel A. Camacho, MA Physician Kaiser Permanente North ... Medical Clinic Dr. Krista Lowen Dental Office David Au-Yeung Dental Office CHRISTINE JULIE OLSON Physician

Suggested Use

Top Pick Law Firm Real Estate Agency HVAC Service Electrical Service Accounting Firm Building Supply

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
Highway access

Location Intelligence

Trade Area within ½ mile

768
Businesses Nearby

Demographics for 97217, OR

36,086
Population
17,038
Households
2.1
Avg Household Size
38
Median Age
59%
College-Educated
96%
High-School Grad
11.1 sq mi
ZIP Area
3,251
Density / Sq Mi
$100,387
Median Household Income
$56,790
Median Earnings
$1,789
Median Rent
$569,500
Median Home Value

Market

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 - Two-story office building with brick construction, multiple surface parking areas, and excess land for potential expansion.
Where is this office building located?
The property is located at 7201 North Interstate Avenue Portland, OR.
What are key features of this property?
This property features: 42,350 SF two‑story low‑rise office building on a 2.44‑acre site; Brick construction; built in 1976 and described as thoughtfully maintained; Ample surface parking plus additional excess land for potential expansion or development
More about this property
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