Office
3689 SW Carman Dr
3689 Carman Dr, Lake Oswego, OR 97035
Listing Price: $2,500,000
Investment Overview
The Hefner Team of Marcus & Millichap is pleased to present the opportunity at located at 3689 Carman Dr in Lake Oswego, Oregon. This office space is located in one of Greater Portland's most affluent and desirable sub-markets. In the last three years, Lake Oswego has captured most of the corporate and regional headquarters relocations from the Portland CBD. The property’s strategic location ensures excellent accessibility to major transportation corridors, allowing for seamless connectivity to Portland’s central business district and surrounding suburban areas. The offering stands out as a compelling opportunity for investors and owner-occupiers alike with long term appreciation potential.
Located in the heart of Lake Oswego with unparalleled access to major freeways I-5 and Hwy 217, this asset is centrally located and a short drive from SW Portland, Tualatin, Tigard, West Linn, Beaverton, and Downtown Portland. Vacancy for small sized office buildings (less than 20,000 SF) in Lake Oswego is the lowest of any submarket in the Portland Metro. Well-priced offerings in Lake-Oswego do not come available often, this offering is priced to sell quickly and offers significant upside to owner-users and investors.
Investment Highlights
- Minutes from the Two Largest Retirement Homes in Lake Oswego, There is a Strong, Inherent Customer Base for Prospective Tenants, Especially Those Providing Medical Services
- With the Lowest Vacancy Rate (4.7%) for Small Office Buildings in the Portland Metro, Investors can be Confident They are Acquiring a Secure, Reliable Asset
- Most Aggressive Pricing on the Market in Lake Oswego today. Recent Office Sales Less Than 20,000 SF Have Traded Above $475/FT
- Flexible Short Term Leases Provide Appealing Structure for Either Owner-Occupier or Value-Add Investors
- Zoned Neighborhood Commercial (NC). Approved uses Include Medical, Dental, Residential Care, Childcare, etc
- Located in Highly-Desired, Low-Vacancy Lake Oswego, OR, the Most Affluent Suburb of the Portland Metro
Listing Price: $2,500,000
Investment Highlights
- Minutes from the Two Largest Retirement Homes in Lake Oswego, There is a Strong, Inherent Customer Base for Prospective Tenants, Especially Those Providing Medical Services
- With the Lowest Vacancy Rate (4.7%) for Small Office Buildings in the Portland Metro, Investors can be Confident They are Acquiring a Secure, Reliable Asset
- Most Aggressive Pricing on the Market in Lake Oswego today. Recent Office Sales Less Than 20,000 SF Have Traded Above $475/FT
- Flexible Short Term Leases Provide Appealing Structure for Either Owner-Occupier or Value-Add Investors
- Zoned Neighborhood Commercial (NC). Approved uses Include Medical, Dental, Residential Care, Childcare, etc
- Located in Highly-Desired, Low-Vacancy Lake Oswego, OR, the Most Affluent Suburb of the Portland Metro
Investment Overview
The Hefner Team of Marcus & Millichap is pleased to present the opportunity at located at 3689 Carman Dr in Lake Oswego, Oregon. This office space is located in one of Greater Portland's most affluent and desirable sub-markets. In the last three years, Lake Oswego has captured most of the corporate and regional headquarters relocations from the Portland CBD. The property’s strategic location ensures excellent accessibility to major transportation corridors, allowing for seamless connectivity to Portland’s central business district and surrounding suburban areas. The offering stands out as a compelling opportunity for investors and owner-occupiers alike with long term appreciation potential. Located in the heart of Lake Oswego with unparalleled access to major freeways I-5 and Hwy 217, this asset is centrally located and a short drive from SW Portland, Tualatin, Tigard, West Linn, Beaverton, and Downtown Portland. Vacancy for small sized office buildings (less than 20,000 SF) in Lake Oswego is the lowest of any submarket in the Portland Metro. Well-priced offerings in Lake-Oswego do not come available often, this offering is priced to sell quickly and offers significant upside to owner-users and investors.

