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Triangle Corporate Park I & II

Off-Market

13010 SW 68th Pkwy, Portland, OR 97223

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  • Property Type Office - General Office
  • Property Size 92,000 Sqft
  • Lot Size 5.61 Acre
  • Parking Spaces Avail. 533
  • Parking Ratio 5.80/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1999

Location

  • City Portland, OR
  • Neighborhood Metzger
  • Zip Code 97223
  • Market Portland

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 18 Jul, 2005
  • Purchase Price $20,525,000
  • Arm's Length
  • 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 $286,322
  • Market Value $20,892,430
  • Assessed Value $20,892,430

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

Frequently Asked Questions

What is the total square footage of Triangle Corporate Park I & II?

Triangle Corporate Park I & II totals 92,000 square feet.

When was this property built?

Triangle Corporate Park I & II was built in 1999.

When was Triangle Corporate Park I & II last sold?

Triangle Corporate Park I & II was last sold on 18 Jul, 2005.

What was the last purchase price for Triangle Corporate Park I & II?

Triangle Corporate Park I & II was last sold for $20,525,000.

What is the property tax for Triangle Corporate Park I & II?

The property tax for Triangle Corporate Park I & II in 2020-2021 was $286,322.

What is the market value for Triangle Corporate Park I & II?

The market value for Triangle Corporate Park I & II in 2020-2021 was $20,892,430.

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