Historic Reid Pacific Building
For Lease
$22 SF/Yr
1104 NW 15th Ave, Portland, OR 97209
Pearl District office space with exposed brick and hardwood floors.
Space Size2,640 SF - 4,600 SF
Property Size15,000 SF
Days on Market186
Property Features for 1104 NW 15th Ave
General Information
Standard status
Active
Size
2,640 SF - 4,600 SF
Class
B
Property subtype
Office
Lease Term
NNN
Building Details
Building Size
15,000 SF
Spaces For Lease
at 1104 NW 15th Ave Contact us- Size
- 2,640 SF
- Type
- Creative/Loft
- Term
- Negotiable
Suite 250 $22/SF/Yr
- Size
- 4,600 SF
- Term
- Negotiable
Suite 400 $22/SF/Yr
Listing Agency:
Benco Commercial Real Estate
Listed By:
Ben McInnis
(503) 208-8182
Source:
Bencocre
Added: Mar 26
Changed: Sep 23
Last Checked: Sep 26 at 4:20AM
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 Benco Commercial Real Estate
Investment Insights
Based on property information with market context.
The Reid Pacific Building, originally constructed in 1908, is situated in The Pearl District. The property features exposed brick walls, hardwood floors, natural light on two sides, and exposed post and beam ceilings. Building amenities include 24-hour access and a shower. The building is elevator served by a freight elevator. The Pearl District is known for its concentration of creative firms, breweries, restaurants, coffee shops, and housing. The property is conveniently located near Sisters Coffee, Tea Bar, Safeway, LA Fitness, Daily Café, and other conveniences.
Key Highlights
- Prime Pearl District location near popular amenities
- Authentic historic charm with exposed brick walls and hardwood floors
- Abundant natural light from windows on two sides of the building
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$3.30 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
8,567
Businesses Nearby
Explore this area
Business Placement
Demographics for 97209, OR
22,755
Population
16,437
Households
1.4
Avg Household Size
38
Median Age
66%
College-Educated
96%
High-School Grad
1.0 sq mi
ZIP Area
22,755
Density / Sq Mi
$84,059
Median Household Income
$68,731
Median Earnings
$1,669
Median Rent
$573,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Portland, OR
$29.64 /SF/Yr
Avg Asking Price
$12–$180 /SF/Yr
Price Range
30,237 SF
Avg Space Size
This space is priced 26% below the average of $29.64 /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 - Pearl District office space with exposed brick and hardwood floors.
Where is this office building located?
The property is located at 1104 NW 15th Ave Portland, OR.
What is the lease rate?
The lease rate is $22 SF/Yr.
What are key features of this property?
This property features: Prime Pearl District location near popular amenities; Authentic historic charm with exposed brick walls and hardwood floors; Abundant natural light from windows on two sides of the building
