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    975 Sandy Blvd Portland, OR 97214

    Sponsored
    For Lease
    $19 SF/Yr

    Portland Creative Office Suites, 5 Available

    Lot size:
    20,303 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional two-story creative office building, located in Portland's close-in Eastside Industrial District at 975 SE Sandy Blvd, offers twelve suites ranging from 266 to 5,056 square feet. Built in 1973 and recently renovated, both the exterior and interior boast a modern aesthetic thanks to Kahnery Elan Interior Design. The property comprises 20,303 total square feet across two buildings. Currently, five suites are available for lease. Ample parking is provided with 66 parking passes available at a monthly rate of $125.00, offering a generous parking allocation of 3.0 spaces per 1,000 square feet. Lease terms are a minimum of three years, with base rent ranging from $22.00 to $27.00 per square foot annually. Annual operating expenses are $10.00 per square foot, resulting in an all-in rate of $32.00 to $37.00 per square foot annually. The property is situated in Multnomah County, Oregon, with the zip code 97214. This is a fantastic opportunity for businesses seeking modern, well-maintained office space in a vibrant Portland location. Serious inquiries only.

    Property Features for 975 Sandy Blvd

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    20,303 SF
    Total Rate
    32146.42

    Building Details

    Year Built
    1973
    Buildings
    2
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 220/230
    Size
    5,870 SF
    Rate per SF
    $19
    Space
    Suite 120
    Size
    1,385 SF
    Rate per SF
    $23
    Space
    Suite 220
    Size
    2,766 SF
    Rate per SF
    $21
    Space
    Suite 230
    Size
    3,103 SF
    Rate per SF
    $21
    Space
    Suite 200
    Size
    2,990 SF
    Rate per SF
    $21

    HighLights

    • Ample Parking: 66 parking passes included.
    • Recently Renovated with modern upgrades.
    • On‑site Conference Room.
    • Central Air Conditioning throughout.
    • Elevator Access.
    • Energy‑Efficient LED Lighting.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apparatus Contractor Services, ... Bookkeeping Service Ann Marie Miner, ... Psychologist Ana Cragnolino PHD ... Psychologist Grid Property Management, ... Property Management Company Rubino, Skedsvold, Moran, ... Financial Planner

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.6561951
    Latitude
    45.5218265

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    FAQs

    What type of property is this?
    Office space - Portland Creative Office Suites, 5 Available
    Where is this office space located?
    The property is located at 975 Sandy Blvd Portland, OR.
    What is the lease rate?
    The lease rate is $19-$23 SF/Yr.
    What are key features of this property?
    This property features: Ample Parking: 66 parking passes included.; Recently Renovated with modern upgrades.; On-site Conference Room.
    Request Owner's contact information
    975 Sandy Blvd Portland, OR 97214
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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
    975 Sandy Blvd Portland, OR 97214
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