17350 Smith Avenue, Sandy, OR 97055
Five-tenant, 100% occupied retail building with on-site parking and a monument sign on Proctor Blvd.
- Added:
- Jun 9, 2026
- Days on Market:
- 12
- Last Refresh:
- Jun 20 at 4:48 am
Property Features for 17350 Smith Avenue
General Information
- Standard status
- Active
- Size
- 4,300 SF
- Property subtype
- Retail
Listing agent Sue O'Halloran License #OR 820700012
Listing office Kohler Meyers O'Halloran (503) 661-8000
Listing date Jun 9, 2026
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Kohler Meyers O'Halloran
HighLights
- Five‑tenant retail building with 100% occupancy
- Corner location at Proctor and Smith Avenue
- On‑site parking available
- Sign monument on Proctor Blvd.
Overview
The building is located in the heart of the Sandy business district on a corner at Proctor and Smith Avenue. The listing highlights the corner position and identifies frontage signage via the Proctor Blvd monument sign.
For buyers or operators seeking a managed retail asset, the property’s fully leased status (100% occupied) and existing tenant-space upgrades can support immediate occupancy goals. The mix of five tenant spaces may appeal to strategies focused on diversified retail occupancy within one building, with on-site parking and prominent monument signage noted as on-property amenities.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $92.4k | $21.48 |
| − Vacancy | −$6.9k | −$1.61 |
| EGI | $85.4k | $19.87 |
| − OpEx | −$25.6k | −$5.96 |
| NOI | $59.8k | $13.91 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sandy
- County
- Clackamas
- State
- Oregon
- Longitude
- -122.260402
- Latitude
- 45.397579
