U.S. Bancorp Tower - Space Availability

For Lease$16.9 - $20.5/Sqft/Year

111 SW 5th Avenue, Portland, OR 97204

  • Office
  • Creative Office
  • 39,355 Sqft

U.S. Bancorp Tower, Portland, OR 97204 - Office Space for rent

U.S. Bancorp Tower is located at 111 SW 5th Avenue in the Downtown Portland neighborhood, OR, Portland, 97204. The Class A Office building was completed in 1973 and features a total of 1,073,000 Sqft. There are 2 Office spaces available for lease at 111 SW 5th Avenue, Portland, OR, 97204, totaling 39,355 Sqft. The largest space available has 20,534 Sqft and a rental rate of $20.5/Sqft/Year.

There are 364 office spaces for lease in the Downtown Portland neighborhood, totaling 2,394,508 Sqft of available office space. The office space availability for the 97204 zip code is 1,388,286 Sqft, in 193 office spaces. The average asking office rent per sq. ft. in Downtown Portland is $28.04/sqft/year. For Class A+ office buildings the average office rate is $32.75/sqft/year, for Class A office buildings the average office rate is $29.57/sqft/year, for Class B office buildings the average office rate is $26.67/sqft/year.

In Downtown Portland, there are 34 class A office buildings. In 1973, the same year U.S. Bancorp Tower was built, 36 more commercial properties (office, industrial, retail) over 50,000 square feet were built in Portland, featuring 1,628,090 square feet of commercial space.

Nearby Listings

Nearby Properties

Details

  • Price $16.9 - $20.5/Sqft/Year
  • City Portland
  • Neighborhood Downtown Portland
  • Zip Code 97204
  • Market Portland
  • Property Type Office - Creative Office
  • Property Size 1,073,000 Sqft
  • Lot Size 3.01 Acre
  • Parking Spaces Avail. 1073
  • Parking Ratio 1.00/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class A
  • Year Built 1973

Availability

Suite Name Space Type Lease Rate Space Available
32 Floor General Office $20.5/Sqft/Year 20,534 Sqft
  • Suite 32 Floor
  • Space Type General Office
  • Available From Thursday, April 11, 2019
  • Total Space Available 20,534 Sqft
  • Floor From 32 To 32
  • Divisible Space No
  • Min Divisible 20,534 Sqft
  • Max Contiguous 20,534 Sqft
  • Lease Rate $20.5/Sqft/Year
  • Possession Type Immediate
  • Lease Type NNN
  • Call For Terms Yes
  • Renewal Option No
  • Sub Lease Yes

Exclusive Brokers

Doug Deurwaarder Is this you?

Cushman & Wakefield

(503) 279-1752

Matt Johnson Is this you?

Cushman & Wakefield

(503) 279-1789

3 Floor General Office $16.9/Sqft/Year 18,821 Sqft
  • Suite 3 Floor
  • Space Type General Office
  • Available From Thursday, April 11, 2019
  • Total Space Available 18,821 Sqft
  • Floor From 3 To 3
  • Divisible Space No
  • Min Divisible 18,821 Sqft
  • Max Contiguous 18,821 Sqft
  • Lease Rate $16.9/Sqft/Year
  • Possession Type Immediate
  • Lease Type NNN
  • Call For Terms Yes
  • Renewal Option No
  • Sub Lease Yes
  • Sub Lease Expiry Monday, August 30, 2021

Exclusive Brokers

Matt Johnson Is this you?

Cushman & Wakefield

(503) 279-1789

Doug Deurwaarder Is this you?

Cushman & Wakefield

(503) 279-1752

Downtown Portland Demographics

The average household income in zip code 97204 is $36,150, from a total of 390 households. In terms of employment, there are 70.86 % white-collar and 29.14 % blue-collar jobs in zip code 97204.

Population

  • Total Population6,198
  • Male Population(53.8 %) 3,332
  • Female Population(46.3 %) 2,867
  • Median Age42.90

Income/Financial

  • Average Household Income$71,949
  • Median Household Income$41,348
  • Median Income Under 25$23,656
  • Median Income 25-44$56,084
  • Median Income 45-64$39,758
  • Median Income Over 65$43,440

BROWSE OTHER PROPERTIES IN DOWNTOWN PORTLAND

Check out the links below if you're interested in other types of properties for lease or for sale in Downtown Portland:

Leasing Contact Register now to add listings

Shawn Turley

Unico Properties

(503) 937-2102