7201 Interstate AvePortland, OR 97217

For Sale
$10,000,000
Prime Portland office, ideal owner-user.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional 48,420 square foot, two-story Class B office building presents a unique owner-user investment opportunity in Portland, Oregon. Located at 7201 N Interstate Ave, in Multnomah County, zip code 97217, this single-tenant property sits on a 0.97-acre lot and was built in 1976. The building's low-rise design and ample surface parking offer significant cost advantages compared to high-rises, making it easy to adapt to evolving business needs. Its convenient location provides easy access to I-5, Portland International Airport, and a MAX light rail stop, serving a population of approximately 312,609 within a 5-mile radius. The property benefits from its location in a thriving area attracting major technology companies, contributing to a strong and diverse talent pool. This presents an attractive opportunity to secure long-term cost savings by eliminating rent payments, while simultaneously building after-tax equity. The asking price for this exceptional investment is $10,000,000.

Highlights

  • 48,420 SF, two-story Class B office building in Portland, OR.
  • Located at 7201 N Interstate Ave, Multnomah County, 97217, on a 0.97-acre lot. Built in 1976.
  • Single-tenant, owner-user opportunity; $10,000,000 asking price.
  • Low-rise design with ample surface parking; convenient I-5 access, proximity to PDX airport, and MAX light rail.
  • Situated in a thriving area attracting major tech companies, offering a strong talent pool (53% of Portlanders have at least a bachelor's degree).

Property Details for 7201 Interstate Ave

Property type
Office properties
Square Feet
48,420 SF
Class
B
Year Built
1976
Buildings
1
Stories
2
Lot Size (sq. ft)
42,253 SF

Location Insight

City
Portland
County
Multnomah
State
Oregon
Latitude
45.5757394
Longitude
-122.682483
7201 Interstate Ave, Portland, Oregon

FAQs

What type of property is this?
Office property - Prime Portland office, ideal owner-user.
Where is the office property located?
The property is located at 7201 Interstate Ave Portland, OR.
What is the asking price?
The asking price for this property is $10,000,000.
What are key features of this property?
This property features: 48,420 SF, two-story Class B office building in Portland, OR.; Located at 7201 N Interstate Ave, Multnomah County, 97217, on a 0.97-acre lot. Built in 1976.; Single-tenant, owner-user opportunity; $10,000,000 asking price.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
7201 Interstate Ave
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message