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Hayden Island Plaza

Off-Market

700 North Hayden Island Drive, Portland, OR 97217

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  • Property Type Office - General Office
  • Property Size 44,000 SF
  • Lot Size 2.68 Acre
  • Parking Spaces Avail. 123
  • Parking Ratio 2.80/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1981

Location

  • City Portland, OR
  • Neighborhood Hayden Island
  • Zip Code 97217
  • 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 29 Mar, 2013
  • 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 (SF) 653,381

Portland Office Sales Trends

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

  • 2020 Avg. Price per SF $561.92
  • 2020 Office Sales Volume $721.7M
  • 2020 Number of Transactions 10

Tax

  • Base Tax $60,428
  • Current Tax $70,527
  • Market Value* $4,787,550
  • Assessed Value $4,787,550

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

*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.

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