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For Lease

The Bailey Building

5441 South Macadam Avenue, Portland, OR 97239

8,605

SF Available
NEW OWNERSHIP! • Free parking • Conveniently located, walking distance to amenities • Quiet building with quick in-and-out from location • Close to I5, 405, Lake Oswego, Sellwood • Elevator served • Natural light • Adjacent to Water Tower and John’s LandingDETAILS • Rate: $25 PSF • Suites available: Suite 100: ± 601 Suite 102: ± 2,000 SF Suite 104: ± 1,677 SF Suite 200: ± 1,377 SF Suite 206: ±1,186 SF Open design Suite 208: ±1,764 SF M-T-M tenant leaving 1st Floor – Can be combined for 4,278 SF contiguous 2nd Floor – Can be combined for 4,327 SF contiguous

Key features

  • 5 minutes to Lake Oswego and Downtown Portland
  • Adjacent to Water Tower and John’s Landing
  • Close to I-5, I-405, and Hwy 43
  • Conveniently located, walking distance to amenities
  • Elevator served
  • Natural light
  • On frequent bus line
  • Parking available
  • Quiet building with quick in-and-out from location

Rental Details

  • Number of spaces 6
  • Total square feet available 8,605 SF
  • For Lease $20.00/SF/YR
  • Space Types Office
  • Lease Type Modified Gross
  • Date Updated Nov 24, 2025
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

True

For Lease 6 Spaces Available

Suite 100

  • Space Type Office
  • Lease Rate $20.00/SF/YR
  • Total Space Available 601 SF
  • Divisible Space 601 - 601 SF
  • Available Date Immediate
  • Lease Type Modified Gross
  • Renewal Option Yes
  • Sublease No

1st Floor – Can be combined for 4,278 SF contiguous

broker
Duane Link

Norris & Stevens

Suite 102

  • Space Type Office
  • Lease Rate $20.00/SF/YR
  • Total Space Available 2,000 SF
  • Divisible Space 2,000 - 2,000 SF
  • Available Date Immediate
  • Lease Type Modified Gross
  • Renewal Option Yes
  • Sublease No

1st Floor – Can be combined for 4,278 SF contiguous

broker
Duane Link

Norris & Stevens

Suite 104

  • Space Type Office
  • Lease Rate $20.00/SF/YR
  • Total Space Available 1,677 SF
  • Divisible Space 1,677 - 1,677 SF
  • Available Date Immediate
  • Lease Type Modified Gross
  • Renewal Option Yes
  • Sublease No

1st Floor – Can be combined for 4,278 SF contiguous

broker
Duane Link

Norris & Stevens

Suite 200

  • Space Type Office
  • Lease Rate $20.00/SF/YR
  • Total Space Available 1,377 SF
  • Divisible Space 1,377 - 1,377 SF
  • Available Date Immediate
  • Lease Type Modified Gross
  • Renewal Option Yes
  • Sublease No

2nd Floor – Can be combined for 4,327 SF contiguous

broker
Duane Link

Norris & Stevens

Suite 206

  • Space Type Office
  • Lease Rate $20.00/SF/YR
  • Total Space Available 1,186 SF
  • Divisible Space 1,186 - 1,186 SF
  • Available Date Immediate
  • Lease Type Modified Gross
  • Renewal Option Yes
  • Sublease No

2nd Floor – Can be combined for 4,327 SF contiguous

broker
Duane Link

Norris & Stevens

Suite 208

  • Space Type Office
  • Lease Rate $20.00/SF/YR
  • Total Space Available 1,764 SF
  • Divisible Space 1,764 - 1,764 SF
  • Available Date Immediate
  • Lease Type Modified Gross
  • Renewal Option Yes
  • Sublease No

2nd Floor – Can be combined for 4,327 SF contiguous

broker
Duane Link

Norris & Stevens

Contacts

broker
Duane Link

Norris & Stevens

Building Details

  • For Lease $20.00/SF/YR
  • Property Type Office - General Office
  • Property Size 11,000 SF
  • Building Class B
  • Date Updated Nov 24, 2025

Getting Around

  • Walk Score ®

    Very Walkable (79)
  • Transit Score ®

    Good Transit (53)
  • Bike Score ®

    Biker's Paradise (90)
Powered by Walk Score ®

Location

  • City Portland, OR
  • Neighborhood Corbett - Terwilliger - Lair Hill
  • Zip Code 97239
  • Market Portland
  • Map
  • Street

Points of Interest

Oaks Park

1.08 miles

Marquam Hill

1.16 miles

Southeast Water/OMSI

1.68 miles

PSU South/Southwest 5th & Jackson

1.78 miles

Southeast Martin Luther King & Mill

1.88 miles

Southeast Grand & Mill

1.92 miles

PSU Urban Center

1.98 miles

Southwest Market & Park

2.09 miles

Southeast Martin Luther King & Taylor

2.21 miles

Fastrak

0.38 miles

Blink

0.97 miles

Shell

1.10 miles

Electrify America

1.23 miles

Mobil

1.32 miles

Space Age

1.33 miles

Arco

1.55 miles

Pacific Pride

1.76 miles

ChargePoint

1.88 miles

Gaines East Lot

0.99 miles

CDRC Lot

1.01 miles

Building 28 Lot

1.03 miles

Whitaker Lot

1.05 miles

Gaines West Lot

1.06 miles

Doernbecher Community Physician's Lot

1.10 miles

Doernbecher Garage

1.11 miles

Campus Drive Garage

1.12 miles

Casey Eye Garage

1.14 miles

Kaady Car Wash

1.05 miles

Washman

1.55 miles

Enterprise

1.84 miles

Alpha's Auto Detail

1.91 miles

Astro Jet Car Wash

1.92 miles

Avis

2.46 miles

Uptown Auto Detail

2.47 miles

Hertz

2.60 miles

Astro Jet

2.72 miles

Jolly Roger

0.10 miles

Elephants on Corbett

0.13 miles

Shiro Sushi - Teriyaki

0.29 miles

New Taste of India

0.33 miles

El Guapo Taco

0.34 miles

Bakehouse Water Bagels

0.35 miles

Bamboo Grove Hawaiian Grille

0.37 miles

Thai PK

0.37 miles

Chart House Restaurant

0.38 miles

Basics Market

1.07 miles

Fred Meyer

1.19 miles

QFC

1.36 miles

Montelupo Italian Market

1.42 miles

Safeway

1.71 miles

New Seasons Market

1.73 miles

People's Food Co-op

1.86 miles

John's Marketplace

2.18 miles

Nordstrom

2.44 miles

Portland VA Medical Center

0.92 miles

Portland Fire & Rescue

0.93 miles

Bowman's Hillsdale Pharmacy

0.99 miles

Skinwise

1.04 miles

Doernbecher Children's Hospital

1.08 miles

Oregon Health & Science University Hospital

1.16 miles

NewEra Pharmacy

1.16 miles

Kohler Pavilion

1.17 miles

OHSU - Doernbecher Emergency

1.18 miles

5441 South Macadam Avenue Listing Summary

  • Office Space Available at 5441 South Macadam Avenue

    Office space currently available at 5441 South Macadam Avenue adds up to a total of 8,605 square feet across 6 listing(s). The largest individual space listed offers 2,000 square feet. Property use types available for lease at this property include: office.

  • Learn More about 5441 South Macadam Avenue

    5441 South Macadam Avenue is located in the Portland market and pertains to the 97239 zip code. The property incorporates a total of 8,605 square feet of space.

    Interested in researching more about this property? Access in-depth research on 5441 South Macadam Avenue, including ownership details, transaction history, property characteristics, taxes, mortgage data, violations and more by creating a free account and viewing the full property report.

  • Get to Know the Neighborhood

    In the Corbett - Terwilliger - Lair Hill neighborhood, where 5441 South Macadam Avenue is located, you can currently find 26 office space(s) for rent. In total, this amounts to 101,778 square feet of available office space for lease opportunities.

Contact Listing Broker
broker
Duane Link

Norris & Stevens

  1. 1Main information
  2. 2Extra information
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