Office
8129 SE Malden St
8129 SE Malden St, Portland, OR 97206
Listing Price: $2,300,000
Investment Overview
The Hefner Team of Marcus & Millichap is pleased to present our qualifications and valuation of 8129 SE Malden Street, a 13,440-square-foot, single-story office building situated on 1.08 acres in Southeast Portland. Originally constructed in 2000 as a build-to-suit facility for the Oregon Department of Human Services, the property was occupied by the agency for more than 25 years, underscoring its functionality and long-term suitability for institutional users.
This evaluation considers both a for-sale and for-lease strategy. With recent capital improvements—including a new roof, HVAC system, and security upgrades—the property offers a move-in-ready opportunity for an owner-user or the ability to attract a long-term tenant. Its ADA-compliant layout, secure fenced site, and generous parking make it well suited for government agencies, healthcare providers, adult day care operators, nonprofits, educational users, and other service-oriented organizations.
8129 SE Malden St
Investment Highlights
- 25+ Years of Government Occupancy: Purpose-built and occupied by the Oregon Department of Human Services since construction, demonstrating long-term institutional functionality.
- Turnkey Building Improvements: New roof (2025), HVAC system (2024), and security camera upgrades reduce immediate capital expenditures.
- Flexible Occupancy Options: Vacant possession creates an opportunity for immediate owner-user occupancy or lease-up to a long-term tenant.
- Functional Institutional Design: Single-story, ADA-compliant layout with a secure fenced site and a 4.84/1,000 SF parking ratio supports a wide variety of office and service users.
- Stable Replacement Demand: Well positioned for government agencies, healthcare providers, nonprofits, behavioral health groups, educational organizations, and adult care operators seeking functional operations
Listing Price: $2,300,000
Investment Highlights
- 25+ Years of Government Occupancy: Purpose-built and occupied by the Oregon Department of Human Services since construction, demonstrating long-term institutional functionality.
- Turnkey Building Improvements: New roof (2025), HVAC system (2024), and security camera upgrades reduce immediate capital expenditures.
- Flexible Occupancy Options: Vacant possession creates an opportunity for immediate owner-user occupancy or lease-up to a long-term tenant.
- Functional Institutional Design: Single-story, ADA-compliant layout with a secure fenced site and a 4.84/1,000 SF parking ratio supports a wide variety of office and service users.
- Stable Replacement Demand: Well positioned for government agencies, healthcare providers, nonprofits, behavioral health groups, educational organizations, and adult care operators seeking functional operations
Investment Overview
The Hefner Team of Marcus & Millichap is pleased to present our qualifications and valuation of 8129 SE Malden Street, a 13,440-square-foot, single-story office building situated on 1.08 acres in Southeast Portland. Originally constructed in 2000 as a build-to-suit facility for the Oregon Department of Human Services, the property was occupied by the agency for more than 25 years, underscoring its functionality and long-term suitability for institutional users. This evaluation considers both a for-sale and for-lease strategy. With recent capital improvements—including a new roof, HVAC system, and security upgrades—the property offers a move-in-ready opportunity for an owner-user or the ability to attract a long-term tenant. Its ADA-compliant layout, secure fenced site, and generous parking make it well suited for government agencies, healthcare providers, adult day care operators, nonprofits, educational users, and other service-oriented organizations.
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