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Mixed-Use Building Retail Space
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2865 Northeast Sandy Boulevard, Portland, OR 97232

Retail space available in mixed-use building on NE Sandy.

Property Size3,298 SF
Days on Market253

Property Features for 2865 Northeast Sandy Boulevard

General Information

Standard status Active
Size 3,298 SF
Property subtype Retail
Listing Agency: CBRE | Portland
Listed By: Austin Cain · License #200305153
Source: Cbre
Added: Nov 22, 2025 Changed: Jul 6 Last Checked: Aug 2 at 9:20AM

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 | Portland

Investment Insights

Based on property information with market context.

The property is a retail space located within Sandy 28, a 206-unit mixed-use building. The building is situated directly on NE Sandy Boulevard at NE 28th Avenue, which has a traffic volume of over 19,000 vehicles per day. The available spaces are offered in raw and vanilla shell conditions. The property is in close proximity to Laurelhurst, Grant Park, Irvington, and the Lloyd District.

Key Highlights

  • Directly on NE Sandy Blvd at NE 28th Ave (high traffic location: 19,000+ VPD)
  • 206‑unit mixed‑use building
  • Ground‑floor retail space available

Property 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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,321
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

$25.51 /SF/Yr
Avg Asking Price
$10–$48 /SF/Yr
Price Range
116,503 SF
Avg Space Size

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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail space available in mixed-use building on NE Sandy.
Where is this retail space located?
The property is located at 2865 Northeast Sandy Boulevard Portland, OR.
What are key features of this property?
This property features: Directly on NE Sandy Blvd at NE 28th Ave (high traffic location: 19,000+ VPD); 206‑unit mixed‑use building; Ground‑floor retail space available
More about this property
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