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Prime Retail Space on Sandy
For Lease
$1,250/Mo NNN

11518 NE Sandy Blvd Unit 11518, Portland, OR 97232

Prime NE Sandy Blvd Retail Space

Space Size879 SF
Days on Market143

Property Features for 11518 NE Sandy Blvd Unit 11518

General Information

Standard status Active
Property type Retail properties & Spaces, Office Spaces, Restaurants
Size 879 SF
Lease Type Gross
Rate Type Monthly
Listed By: Kathryn
Added: Apr 14

Investment Insights

Based on property information with market context.

This commercial space, approximately 879 square feet, is available for lease on NE Sandy Boulevard in Portland. The location is suitable for retail, office use, or a small food service concept. Situated along an active corridor next to a Mexican restaurant, the property benefits from foot traffic, vehicle flow, and visibility. The lease is NNN, with tenants responsible for electricity, gas, and internet. Water, sewer, garbage, insurance, and property taxes are prorated among the units. Building maintenance, exterior upkeep, and minimum garbage service are covered. Additional signage or garbage needs may require City of Portland permits. Amenities include street signage and off-street parking. The location is high-traffic and highly visible. An application fee is required, and commercial use must meet city code compliance. Management is available to assist with the leasing process.

Property Analytics

Current Use

Retail properties & Spaces

Suggested Use

Top Pick Building Supply Auto Parts Store Big Box & Wholesale Store HVAC Service Storage Facility Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

2,890
Businesses Nearby

Demographics for 97232, OR

15,382
Population
9,594
Households
1.6
Avg Household Size
37
Median Age
65%
College-Educated
96%
High-School Grad
1.9 sq mi
ZIP Area
8,096
Density / Sq Mi
$71,278
Median Household Income
$49,794
Median Earnings
$1,584
Median Rent
$801,300
Median Home Value

Market

Lease Benchmarks for Portland, OR

$23.49 /SF/Yr
Avg Asking Price
$12–$38 /SF/Yr
Price Range
18,637 SF
Avg Space Size

This space is priced 27% below the average of $23.49 /SF/Yr.

Vacancy Rate% for Office in Portland, OR

10.1% 2019
12.3% 2020
16.1% 2021
18.5% 2022
20.8% 2023
21.7% 2024
24.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail property - Prime NE Sandy Blvd Retail Space
Where is this retail property located?
The property is located at 11518 NE Sandy Blvd Unit 11518 Portland, OR.
What is the lease rate?
The lease rate is $1,250/Mo.
More about this property
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