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Downtown Portland Retail Space Available
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921-998 SW Morrison St, Portland, OR

Prime retail location in the heart of Downtown Portland.

Space Size1,098 SF - 120,344 SF
Lot Size0.92 Acres
Days on Market314

Property Features for 921-998 SW Morrison St

General Information

Standard status Active
Size 1,098 SF - 120,344 SF
Lot size 0.92 Acres
Property subtype OFFICE

Spaces For Lease

at 921-998 SW Morrison St Contact us

600 SW 10th Ave AVAILABLE, Now

Floor 2
Size 34,251 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Creative Class A : 120,344 RSF available for tenants of all sizes - Lively Location : Portland’s best outside your door, all within the Hotel Security District - Safety All Around : From on-site security to seismic upgrades, your safety is our priority - Parking Possibilities at 1 per 1,000 : Guaranteed parking in the building and in the adjacent 10th & Yamhill Smart Park Garage, and more than 1,000 parking stalls in a 3-block radius - Contemporary Elegance : Expansive windows, striking design details, and generous 13-foot ceilings - Sustainable Outlook : Proudly LEED Platinum certified and committed to sustainabilit
Contact us

600 SW 10th Ave AVAILABLE, Now

Floor 3
Size 43,330 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Creative Class A : 120,344 RSF available for tenants of all sizes - Lively Location : Portland’s best outside your door, all within the Hotel Security District - Safety All Around : From on-site security to seismic upgrades, your safety is our priority - Parking Possibilities at 1 per 1,000 : Guaranteed parking in the building and in the adjacent 10th & Yamhill Smart Park Garage, and more than 1,000 parking stalls in a 3-block radius - Contemporary Elegance : Expansive windows, striking design details, and generous 13-foot ceilings - Sustainable Outlook : Proudly LEED Platinum certified and committed to sustainabilit
Contact us

600 SW 10th Ave AVAILABLE, Now

Floor 4
Size 42,763 SF
Type OFFICE
Rate Contact for pricing
Sublease No
- Creative Class A : 120,344 RSF available for tenants of all sizes - Lively Location : Portland’s best outside your door, all within the Hotel Security District - Safety All Around : From on-site security to seismic upgrades, your safety is our priority - Parking Possibilities at 1 per 1,000 : Guaranteed parking in the building and in the adjacent 10th & Yamhill Smart Park Garage, and more than 1,000 parking stalls in a 3-block radius - Contemporary Elegance : Expansive windows, striking design details, and generous 13-foot ceilings - Sustainable Outlook : Proudly LEED Platinum certified and committed to sustainabilit
Contact us

Galleria Former Target AVAILABLE, Now

Floor 1
Size 34,300 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Located in Downtown Portland's retail core. Surrounded by over 4,000 hotel rooms including the recently opened Ritz-Carlton adjacent to the site - Site adjacent to Smart Park with ample hourly, daily and monthly parking including 795 parking spots. - Easy public transportation access just steps away
Contact us

Galleria AVAILABLE, Now

Floor 1
Size 1,098 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Prime retail space with highly visible glass line located adjacent to target and below class A office space
Contact us

921 - 998 SW Morrison St AVAILABLE, Now

Floor 1
Size 120,344 SF
Type OFFICE
Rate Contact for pricing
Sublease No
Contact us
Listing Agency: CBRE | Portland
Listed By: Annalore Rodman
Source: Moodyscre
Added: Nov 24, 2025 Changed: Sep 5 Last Checked: Oct 4 at 1:11PM

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.

Located in Downtown Portland's retail core, this retail space offers 34,300 square feet. The site is surrounded by over 4,000 hotel rooms, including the recently opened Ritz-Carlton, which is adjacent to the location. The property is adjacent to a Smart Park, providing access to 795 parking spots available on an hourly, daily, and monthly basis. Public transportation is easily accessible, with stops just steps away from the site.

Key Highlights

  • Located in Downtown Portland's retail core
  • Surrounded by over 4,000 hotel rooms
  • Adjacent to Smart Park with 795 parking spots

Property Analytics

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Current Use

Retail space

Suggested Use

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

13,438
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Portland, OR

$23.62 /SF/Yr
Avg Asking Price
$12–$38 /SF/Yr
Price Range
26,079 SF
Avg Space Size

Vacancy Rate% for Retail in Portland, OR

4.6% 2019
5.6% 2020
5.2% 2021
4.2% 2022
4.4% 2023
4.7% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Prime retail location in the heart of Downtown Portland.
Where is this retail space located?
The property is located at 921-998 SW Morrison St Portland, OR.
What are key features of this property?
This property features: Located in Downtown Portland's retail core; Surrounded by over 4,000 hotel rooms; Adjacent to Smart Park with **795 parking spots**
(503) 915-3436 Call to check price and availability
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