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Alderway Building

Off-Market

711 SW Alder Street, Portland, OR 97205

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  • Property Type Office - General Office
  • Property Size 39,902 Sqft
  • Lot Size 0.23 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1929

Location

  • City Portland, OR
  • Neighborhood Downtown Portland
  • Zip Code 97205
  • Market Portland

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Purchase Date 11 Dec, 1998
  • Purchase Price
  • Arm's Length True
  • Buyer Name

Market Trends

Average Actual Rents in Portland

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Portland Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $33.10
  • 2020 Office Vacancy Rate 12.80%
  • 2020 Office Completions (Sqft) 653,381

Portland Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $561.92
  • 2020 Office Sales Volume $721.7M
  • 2020 Number of Transactions 10
View more Portland market trends

Tax

  • Property Tax in 2020-2021 $79,135
  • Market Value $12,037,420
  • Assessed Value $12,037,420

Find more tax info, including assessment history and abatements, on CommercialEdge

Frequently Asked Questions

What is the total square footage of Alderway Building?

Alderway Building totals 39,902 square feet.

When was this property built?

Alderway Building was built in 1929.

When was Alderway Building last sold?

Alderway Building was last sold on 11 Dec, 1998.

What is the property tax for Alderway Building?

The property tax for Alderway Building in 2020-2021 was $79,135.

What is the market value for Alderway Building?

The market value for Alderway Building in 2020-2021 was $12,037,420.

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