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Ground-Floor Retail in Mixed-Use
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2865 NE Sandy Blvd, Portland, OR 97232

Ground-floor retail spaces are available in a 206-unit mixed-use building on NE Sandy Blvd.

Space Size865 SF - 1,367 SF
Property Size3,298 SF
Days on Market94

Property Features for 2865 NE Sandy Blvd

General Information

Standard status Active
Size 865 SF - 1,367 SF
Property subtype Retail

Site & Location

Neighborhood Sullivans Gulch
Traffic Count 19,000 vehicles/day

Building Details

Building Size 3,298 SF

Spaces For Lease

at 2865 NE Sandy Blvd Contact us

#2 Immediate

Size 865 SF
Type Retail
Rate Contact for pricing
Sublease No
Renewal Option Yes
Build Type Shell
Contact us

#3 Immediate

Size 1,066 SF
Type Retail
Rate Contact for pricing
Sublease No
Renewal Option Yes
Build Type Shell
Contact us

#1 Immediate

Size 1,367 SF
Type Restaurant
Rate Contact for pricing
Sublease No
Renewal Option Yes
Contact us
Listing Agency: CBRE
Listed By: Austin A. Cain · License #200305153
Source: Commercialcafe
Added: Jul 25 Changed: Oct 26 Last Checked: Oct 26 at 1:10PM

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 CBRE

Rey
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Investment Insights

Based on property information with market context.

Sandy 28 is a 206-unit mixed-use building with ground-floor retail space. Available suites are offered as raw and vanilla shell, providing an opportunity for an operator to build out to their specific concept.

The building is located directly on NE Sandy Blvd at NE 28th Ave, with reported traffic of 19,000+ VPD. The property sits near Laurelhurst, Grant Park, Irvington, and the Lloyd District.

Suites are suitable for restaurant and retail uses, with the existing shell condition supporting tenant improvements prior to occupancy.

Key Highlights

  • Retail spaces available in a 206‑unit mixed‑use building
  • Ground‑floor retail located directly on NE Sandy Blvd at NE 28th Ave
  • 19,000+ VPD along NE Sandy Blvd

Property Analytics

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Open Analytics

Current Use

Green Leaf Sandy ... Apartment Complex

Suggested Use

Top Pick Auto Parts Store HVAC Service Electrical Service Carpet & Flooring Store Travel Agency (Bike/Boat/Book/etc) Store

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

19,000 VPD
Traffic count
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Portland, OR

4.6% 2019
5.6% 2020
5.2% 2021
4.2% 2022
4.4% 2023
4.7% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor retail spaces are available in a 206-unit mixed-use building on NE Sandy Blvd.
Where is this mixed-use property located?
The property is located at 2865 NE Sandy Blvd Portland, OR.
What are key features of this property?
This property features: Retail spaces available in a 206‑unit mixed‑use building; Ground‑floor retail located directly on NE Sandy Blvd at NE 28th Ave; 19,000+ VPD along NE Sandy Blvd
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