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Freestanding Multi-Tenant Office Building
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862 SE Oak St, Hillsboro, OR 97123

Freestanding multi-tenant office building with recent renovations, off-street parking, and prominent monument signage.

Property Size10,090 SF
Days on Market193

Property Features for 862 SE Oak St

General Information

Standard status Active
Size 10,090 SF
Property subtype OFFICE

Additional Details

Traffic Count 45,000 vehicles/day

Amenities

off-street parking
on TriMet bus line
walking distance to Max Light Rail
prominent monument signage

Building Details

Tenancy Multi
Listing Agency: Capacity Commercial Group
Listed By: Scott Miller · License #200410112
Source: Moodyscre
Added: Mar 4 Changed: Sep 10 Last Checked: Sep 13 at 9:54AM

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 Capacity Commercial Group

Investment Insights

Based on property information with market context.

This freestanding, highly visible, multi-tenant office building at 862 SE Oak St, Hillsboro, OR 97123 was recently renovated and is configured to serve multiple occupants. The property includes off-street parking and features prominent monument signage for street-level identification.

The building is directly across the street from OHSU Hillsboro Medical Center, positioning it within a medical-oriented environment. It also sits on a TriMet bus line, with walking distance to MAX Light Rail. Nearby at a signalized intersection, the property benefits from reported 45,000 VPD.

Overall, the combination of recent renovations, multi-tenant layout, and strong visibility makes the building a practical option for office users seeking an accessible, easily identified location.

Key Highlights

  • Freestanding multi‑tenant office building with recent renovations
  • Prominent monument signage on Oak Street
  • Directly across the street from OHSU Hillsboro Medical Center

Property Analytics

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Current Use

Office buildings

Suggested Use

Top Pick Carpet & Flooring Store Catering Service (Bike/Boat/Book/etc) Store Tanning Salon Restaurant Grocery & Convenience Store

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

45,000 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,988
Businesses Nearby

Demographics for 97123, OR

48,369
Population
17,685
Households
2.7
Avg Household Size
37
Median Age
36%
College-Educated
87%
High-School Grad
55.7 sq mi
ZIP Area
868
Density / Sq Mi
$105,999
Median Household Income
$50,578
Median Earnings
$1,814
Median Rent
$489,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Freestanding multi-tenant office building with recent renovations, off-street parking, and prominent monument signage.
Where is this office building located?
The property is located at 862 SE Oak St Hillsboro, OR.
What are key features of this property?
This property features: Freestanding multi‑tenant office building with recent renovations; Prominent monument signage on Oak Street; Directly across the street from OHSU Hillsboro Medical Center
(503) 517-9872 Call to check price and availability
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