Renovated King City Retail/Office
For Lease
Contact for pricing
15405 SW 116th Ave, Portland, OR 97224
20,000 SF renovated building near shopping, with ample parking.
Space Size649 SF - 1,305 SF
Property Size20,000 SF
Days on Market1141
Property Features for 15405 SW 116th Ave
General Information
Standard status
Active
Size
649 SF - 1,305 SF
Total Parking Spaces
40
Property subtype
Retail, Office
Lease Type
NNN
Building Details
Building Size
20,000 SF
Tenancy
Multiple
Spaces For Lease
at 15405 SW 116th Ave Contact us- Size
- 649 SF
- Type
- Office, Retail
- Lease Type
- NNN
- Availability
- Active
Suite 106
- Size
- 931 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
Suite 111
- Size
- 1,305 SF
- Type
- Office
- Lease Type
- NNN
- Availability
- Active
Suite 201
Listing Agency:
North Rim Commercial Properties
Listed By:
Matt Schweitzer · License #940600121
Source:
Crexi
Added: Jul 8, 2023
Changed: Aug 10
Last Checked: Aug 19 at 10:37PM
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 North Rim Commercial Properties
Investment Insights
Based on property information with market context.
The Kings Canyon Building is a 20,000 square foot suburban building suitable for medical, professional office, and retail use, located in King City. Situated next to a core shopping center and adjacent to Tigard, with proximity to Sherwood and Tualatin, the property offers convenient access to Highways 99W, 217, and I-5. The building is surrounded by local and national retailers, including Trader Joes, Safeway, Rite Aid, Planet Fitness, McDonalds, and Starbucks. The custom office suites feature eco-friendly finishes, including LED lighting, LVP flooring, low-VOC paints, and new interior doors with relights. Building systems have been updated, including plumbing and HVAC, to incorporate environmental considerations. The property provides ample parking with a lot that can access both sides of the building and accommodate approximately 40 vehicles. It offers ADA accessibility to both the first and second floors, along with 24/7 secure building access and full spectrum outdoor lighting that illuminates the parking lot and building entrances.
Key Highlights
- Newly renovated 20,000 Sq Ft medical/professional office and retail building.
- Prime location next to a core shopping center in King City, with proximity to Tigard, Sherwood, and Tualatin.
- Easy access to Highways 99W, 217, and I‑5.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.15 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
622
Businesses Nearby
Explore this area
Business Placement
Demographics for 97224, OR
37,365
Population
15,938
Households
2.3
Avg Household Size
43
Median Age
48%
College-Educated
94%
High-School Grad
9.0 sq mi
ZIP Area
4,152
Density / Sq Mi
$94,456
Median Household Income
$55,802
Median Earnings
$1,693
Median Rent
$579,400
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
This space is priced 38% below the average of $34.07 /SF/Yr.
Vacancy Rate% for Office in Portland, OR
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - 20,000 SF renovated building near shopping, with ample parking.
Where is this office building located?
The property is located at 15405 SW 116th Ave Portland, OR.
What is the lease rate?
The lease rate is $21 SF/Yr.
What are key features of this property?
This property features: Newly renovated 20,000 Sq Ft medical/professional office and retail building.; Prime location next to a core shopping center in King City, with proximity to Tigard, Sherwood, and Tualatin.; Easy access to Highways 99W, 217, and I‑5.
