For Sale or Lease | White Stag Block
Price
Price on request
Market rate estimate — not broker-provided
Cost-of-Business Details
Very Low ConfidenceTransferred from peer market salt-lake-city (similarity: 100%) with 17 comparable listings.
| Component | Value | Detail | Source |
|---|---|---|---|
| Base Rent | $31.00/SF/mo | — | peer_city_transfer |
| Utilities | — | 10.1¢/kWh | OpenEI URDB |
| Property Tax | — | 0.0% eff. rate | API Ninjas |
| Labor Index | — | $1507/wk | BLS QCEW |
Source Provenance (1)
| Source | Type | Count | Year | Freshness | Peer |
|---|---|---|---|---|---|
| Peer City Transfer | economic_similarity | 17 | — | real-time | salt-lake-city (100%) |
Description
Office For Lease | 137,600 SF For Sale | Building Size: 137,600 SF 137,600 SF available in downtown Portland Key Facts Chris Johnson Executive Vice President Portland License #: 850100061 +1 503 542 5884 Call Now +1 503 542 5884 +1 503 349 8131 Call Mobile +1 503 349 8131 License #: 850100061
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Location
70 NW Couch St, Portland, OR 97209, USA, Portland, OR 97209
Market Context
As of Q1 2026, the Portland office market showed a 27.1% vacancy rate, and average asking rents near $32.00/SF/yr. Source: multiple brokerages Q1 2026 market report.
Projected current pricing
indicative confidenceModeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Portland office yet, so this applies the typical cap rate across comparable office markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q1 2026 asking-rent data (benchmark cap rate 6.6%–8.6%, asking rent held flat).
Above-average vacancy gives tenants leverage and a wide set of comparables.
Compare it against other office listings for lease in Portland, OR to benchmark pricing and space — view the full market.
Office market FAQ
- Is the Portland office market tightening or softening?
- Vacancy is around 27.1% (Q1 2026).
Unified Estimate
Very Low ConfidenceRate-first confidence-weighted blend with cost-of-business adjustment.
No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market salt-lake-city (similarity: 100%) with 17 comparable listings.
Lease Rate & Market Trend
Market report quarterly trend fallback
- Avg Rent ($/SF/mo) (market data)
- Vacancy %
Investment Analysis
Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.
Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.
Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Assumptions
- Market comparison: office in Portland, OR
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Contact Broker
Chris Johnson
J.T. Sand
Brett Johnson
Seth Platsman
Broker 5
Listed by
Colliers Import