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Elevator-Served Creative Office Space
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721 SW Oak St, Portland, OR 97205

Elevator-served office suite with an exposed ceiling and 17 secured parking spaces on site.

Space Size6,477 SF
Days on Market1092

Property Features for 721 SW Oak St

General Information

Standard status Active
Size 6,477 SF
Total Parking Spaces 17
Elevators Yes
Property subtype OFFICE

Additional Details

Public Transit Yes

Spaces For Lease

at 721 SW Oak St Contact us

721 SW Oak St

Floor
2
Size
6,477 SF
Type
OFFICE
Rate
Contact for pricing
Availability
AVAILABLE, Now
Sublease
No
- Elevator served - Creative environment with exposed ceiling - West end downtown...
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Listing Agency: JLL | Portland
Listed By: Eric Haskins · License #B.200009118
Source: Moodyscre
Added: Aug 17, 2023 Changed: Aug 8 Last Checked: Aug 12 at 12:30PM

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 JLL | Portland

Investment Insights

Based on property information with market context.

This elevator-served creative office space features a distinctive interior with exposed ceiling elements. The building includes 17 secured parking spaces, supporting everyday tenant and employee access.

Located on the west end of downtown, the property offers close proximity to the Brewery Blocks and Pearl District. It also provides immediate access to MAX light rail, the Portland Streetcar, Tri-Met bus service, and the North Park Blocks.

The space is positioned for convenient workday commuting with multiple transit options nearby and a dedicated secured parking count within the building.

Key Highlights

  • Elevator served office suite.
  • 17 secured parking spaces on site.
  • West end downtown location near Brewery Blocks and the Pearl District.

Property Analytics

Current Use

Jefferson West Apartments ... Apartment Building

Suggested Use

Top Pick Buffet Tanning Salon Nursing Home Clothing & Fashion Store (Bike/Boat/Book/etc) Store Butcher

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

12,940
Businesses Nearby

Demographics for 97205, OR

8,593
Population
6,727
Households
1.3
Avg Household Size
39
Median Age
61%
College-Educated
97%
High-School Grad
0.9 sq mi
ZIP Area
9,548
Density / Sq Mi
$58,943
Median Household Income
$51,002
Median Earnings
$1,381
Median Rent
$693,600
Median Home Value

Market

Lease Benchmarks for Portland, OR

$23.42 /SF/Yr
Avg Asking Price
$17–$32 /SF/Yr
Price Range
13,264 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?
Creative space - Elevator-served office suite with an exposed ceiling and 17 secured parking spaces on site.
Where is this creative space located?
The property is located at 721 SW Oak St Portland, OR.
What are key features of this property?
This property features: Elevator served office suite.; 17 secured parking spaces on site.; West end downtown location near Brewery Blocks and the Pearl District.
(503) 972-8611 Call to check price and availability
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