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    2858 Sandy Blvd Portland, OR 97232

    Sponsored
    For Lease
    $29 SF/Yr ($7,124 /Mo)

    Portland Retail: 1600 sq ft, High Visibility

    Lot size:
    2,948 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional retail space, located at 2858 NE Sandy Blvd in Portland, Oregon, offers 1,600 square feet of vacant space within a larger 2,948 square foot building situated on a 5,878 square foot lot in Multnomah County. The property boasts a highly desirable location, benefiting from significant foot traffic with 20,000 vehicles passing daily. The space features ample natural light thanks to large windows, creating an inviting atmosphere. Its open floor plan provides flexibility for various business configurations. On-street parking ensures convenient access for customers and employees. This prime location in a bustling area offers unparalleled visibility and exposure, making it an ideal opportunity for businesses seeking a high-traffic location. The property is designated as a multi-tenant retail building. This is a rare opportunity to secure a prominent retail space in a thriving Portland neighborhood. The zip code is 97232.

    Property Features for 2858 Sandy Blvd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,948 SF
    Total Rate
    7124.33

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,600 SF
    Rate per SF
    $29

    HighLights

    • 1,600 SF open floor plan retail space.
    • Abundant natural light from large windows.
    • On‑street parking (2 spaces per 1,000 SF).
    • 20,000 vehicles per day (VPD) traffic count.
    Property Profile Location Intelligence

    Current Use by Public Records

    Home Renonation Home Improvement Store

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.6360565
    Latitude
    45.5293761

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    FAQs

    What type of property is this?
    Retail property - Portland Retail: 1600 sq ft, High Visibility
    Where is this retail property located?
    The property is located at 2858 Sandy Blvd Portland, OR.
    What is the lease rate?
    The lease rate is $29 SF/Yr.
    What are key features of this property?
    This property features: 1,600 SF open floor plan retail space.; Abundant natural light from large windows.; On-street parking (2 spaces per 1,000 SF).
    Request Owner's contact information
    2858 Sandy Blvd Portland, OR 97232
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    Portland, OR 97232
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2858 Sandy Blvd Portland, OR 97232
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