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Property profile & analytics
FOR LEASE
Office Spaces

9600 NE Cascades Pkwy Portland, OR 97220

92,540 SF 3.97 ac lot Built 2008
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US71-0461020
Property summary
AI-generated overview

This exceptional Class A office building, constructed in 2009 and boasting LEED Gold certification, offers multiple executive office suites within the vibrant Cascade Station development in Portland, Oregon. Located at 9600 NE Cascades Parkway, 97220, this prime location provides unparalleled convenience with immediate access to Interstate 205, the MAX Light Rail, and Portland International Airport. The building comprises 92,508 square feet across two buildings, with ample parking (1000+ spaces). Currently, 45,673 square feet of space is available, divisible into units as small as 17,500 square feet and up to a contiguous 24,713 square feet. The property is situated within a thriving 120-acre mixed-use development, offering tenants easy access to a wide array of amenities including shops, restaurants, and hotels. This location minimizes commute times for employees and clients alike, making it an ideal choice for businesses seeking a prestigious and strategically located office space in Multnomah County. The building's modern design and convenient location within a dynamic community make it a highly desirable option for businesses of all sizes. The property's proximity to major transportation hubs and amenities ensures a seamless and efficient work environment.

Property profile
Verified
Property type Office Spaces
Use group OFFICE (GENERAL)
Year built 2008
Total area 92,540 SF
Lot 3.97 ac (172,977 SF)
Zoning code EG2
APN 1N2E16A 01300
UPID US71-0461020
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • DDI System (Bike/Boat/Book/etc) Store Corporate Office
  • C U Business Group Credit Union
  • HostBaby Data Center IT Consulting Firm
  • CD Baby Music Venue
  • Wells Fargo Home Mortgage Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$18.53M
Blend (final) Blend
$18.54M
Owner & transaction history
Cascade Station I & II LLC
Cascade Station I & II LLC
1 recorded transaction
1969
Price N/A
Zoning & alternative use
EG2 · Portland, OR
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $28.3M +13.1%
Medical building $28.0M +11.8%
Retail stores $27.8M +11.2%
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