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    2892 Upshur St Portland, OR 97210

    For Lease
    $15 SF/Yr

    2,904 sq ft Office, Single Tenant, Available October 1st

    Lot size:
    2,904 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 2,904 square foot office space in Multnomah County offers a blend of traditional and creative office design, perfect for a single tenant. The layout features four private offices, two bathrooms, a welcoming lobby, and ample storage. Abundant natural light creates a bright and inviting atmosphere. Enjoy access to a shared courtyard with the neighboring property at 1826 NW 29th St, Unit B. This property presents a unique opportunity for expansion; the adjacent unit (1848 sq ft) is available for lease and conveniently located across from the shared courtyard, allowing for seamless growth. The lease is a Triple Net (NNN) agreement with a minimum 12-month term. Tenants are responsible for all utilities (water, electricity, gas, sewer, garbage, internet), interior and exterior maintenance and repairs, property taxes, and insurance. Proof of liability insurance is required. Occupancy begins October 1, 2024; showings are scheduled after this date. This property is classified as Office, Special Purpose, and further categorized as Traditional Office, Creative Office, and Executive Office.

    Property Features for 2892 Upshur St

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,904 SF

    Unit(s) available at that property

    Space
    Size
    2,904 SF
    Rate per SF
    $15

    HighLights

    • 2,904 sq. ft. single‑tenant office space available for lease in Multnomah County.
    • Features four private offices, two bathrooms, a lobby, and storage.
    • Abundant natural light and shared courtyard access with adjacent unit.
    • Flexible expansion option: Combine with adjacent 1,848 sq. ft. unit.
    • Triple Net (NNN) lease with a 12‑month minimum term; tenant responsible for all utilities, maintenance, taxes, and insurance.
    • Available October 1, 2024.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Imtakt USA Corporate Campus Rosemary Stafford Floral ... Florist

    Suggested Use

    Law Firm Restaurant Realty agency Dental Office Hair Salon Spa & Massage Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.7107751
    Latitude
    45.5358399

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    FAQs

    What type of property is this?
    Office space - 2,904 sq ft Office, Single Tenant, Available October 1st
    Where is this office space located?
    The property is located at 2892 Upshur St Portland, OR.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: 2,904 sq. ft. single-tenant office space available for lease in Multnomah County.; Features four private offices, two bathrooms, a lobby, and storage.; Abundant natural light and shared courtyard access with adjacent unit.
    Request Owner's contact information
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    Portland, OR 97210
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2892 Upshur St Portland, OR 97210
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