Renovated Office Space
For Lease
Contact for pricing
2045 NE Martin Luther King Jr Blvd, Portland, OR 97212
Newly renovated office space in close-in NE Portland.
Space Size9,615 SF
Property Size22,100 SF
Days on Market871
Property Features for 2045 NE Martin Luther King Jr Blvd
General Information
Standard status
Active
Size
9,615 SF
Property subtype
Office
Lease Type
Gross
Building Details
Building Size
22,100 SF
Tenancy
Multiple
Spaces For Lease
at 2045 NE Martin Luther King Jr Blvd Contact us- Size
- 9,615 SF
- Type
- Office
- Lease Type
- Gross
- Availability
- Active
Suite 200
Listing Agency:
Macadam Forbes
(503) 972-7294
Listed By:
Joe Kappler · License #OR 200605069
Source:
Crexi
Added: Apr 4, 2024
Changed: Aug 8
Last Checked: Aug 21 at 9:01PM
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 Macadam Forbes
Investment Insights
Based on property information with market context.
This newly renovated office building offers 9,615 rentable square feet of lower-level office space. The space, accessible via a separate main entrance, features a combination of open and private offices and benefits from natural light. The owner is willing to divide the space down to 2,000 square feet. It is located in close-in Northeast Portland, with numerous amenities nearby and convenient access to I-5, I-84, and I-405. The Portland streetcar is located three blocks away, and a Trimet bus stop is directly in front of the building. This economical space is suitable for back-office users or non-profit organizations.
Key Highlights
- Newly renovated office space with natural light
- Flexible space: Ownership willing to demise down to 2,000 SF
- Excellent transportation access: Close to I‑5, I‑84, I‑405, streetcar, and bus stop
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.88 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,252
Businesses Nearby
Explore this area
Business Placement
Demographics for 97212, OR
26,568
Population
12,064
Households
2.2
Avg Household Size
40
Median Age
70%
College-Educated
98%
High-School Grad
2.7 sq mi
ZIP Area
9,840
Density / Sq Mi
$128,098
Median Household Income
$65,836
Median Earnings
$1,790
Median Rent
$824,800
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 63% 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 - Newly renovated office space in close-in NE Portland.
Where is this office building located?
The property is located at 2045 NE Martin Luther King Jr Blvd Portland, OR.
What is the lease rate?
The lease rate is $12.50 SF/Yr.
What are key features of this property?
This property features: Newly renovated office space with natural light; Flexible space: Ownership willing to demise down to 2,000 SF; Excellent transportation access: Close to I‑5, I‑84, I‑405, streetcar, and bus stop
