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Ground-Floor Office Suite
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721 SW Oak St, Portland, OR 97205

Move-in ready workspace offers modern finishes, private offices, conference space, kitchenette, storage, and elevator service.

Space Size6,232 SF
Days on Market7

Property Features for 721 SW Oak St

General Information

Standard status Active
Size 6,232 SF
Net Rentable 6,232 SF
Elevators Yes
Property subtype OFFICE
Lease Type NNN

Space & Availability

Available Space 6,232 SF
Contiguous Space 6,232 SF
Floor Ground Floor
Space Use Office
Condition Move-in Ready
Private Offices 3
Meeting Rooms 1

Additional Details

Public Transit Yes

Amenities

secure underground on-site parking
kitchenette and break area with storage
generously sized restrooms

Spaces For Lease

at 721 SW Oak St Contact us

721 SW Oak St $18/SF/Yr

Floor
Ground
Size
6,232 SF
Type
OFFICE
Lease Type
NNN
Availability
AVAILABLE, Now
Sublease
No
- Ground floor ± 6,232 RSF - Flexible, competitive terms, tenant improvement allowance...
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Listing Agency: Apex Real Estate Partners
Listed By: Irfan Tahir · License #200109056
Source: Moodyscre
Added: Aug 6 Changed: Aug 9 Last Checked: Aug 11 at 2:34PM

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 Apex Real Estate Partners

Investment Insights

Based on property information with market context.

This 6,232 RSF office suite occupies the ground floor and features a contemporary interior designed for immediate occupancy. The layout includes three offices, a large conference room, generously sized restrooms, a kitchenette, a break area, and dedicated storage. Modern finishes and an open configuration support a range of professional office operations.

The property includes secure underground parking and elevator service. Its downtown Portland setting at 721 SW Oak St provides access to public transportation and places numerous amenities within walking distance.

Key Highlights

  • 6,232 RSF ground‑floor office suite
  • Three offices and one large conference room
  • Contemporary finishes with an open layout

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
$2.70 /SF/Yr
CAM

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

$20.96 /SF/Yr
Avg Asking Price
$1.71–$40.6 /SF/Yr
Price Range
12,434 SF
Avg Space Size

This space is priced 14% below the average of $20.96 /SF/Yr.

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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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office units - Move-in ready workspace offers modern finishes, private offices, conference space, kitchenette, storage, and elevator service.
Where is this office units located?
The property is located at 721 SW Oak St Portland, OR.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: 6,232 RSF ground‑floor office suite; Three offices and one large conference room; Contemporary finishes with an open layout
(503) 757-1960 Call to check price and availability
More about this property
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