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Renovated Office Building in Portland
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975 SE Sandy Blvd, Portland, OR 97214

Two-story office building with renovated suites available for lease.

Space Size1,210 SF - 3,086 SF
Property Size20,303 SF
Days on Market1768

Property Features for 975 SE Sandy Blvd

General Information

Standard status Active
Size 1,210 SF - 3,086 SF
Property subtype Office
Lease Type NNN

Building Details

Building Size 20,303 SF
Year Built 1973
Tenancy Multiple

Spaces For Lease

at 975 SE Sandy Blvd Contact us

Suite 120

Size
1,385 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 220

Size
1,607 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 201

Size
1,270 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 203

Size
1,210 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 100

Size
3,086 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Grid Property Management
Listed By: Kiely Sherier
Source: Crexi
Added: Oct 20, 2021 Changed: Aug 16 Last Checked: Aug 20 at 2:14PM

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 Grid Property Management

Investment Insights

Based on property information with market context.

This two-story office building is situated in the central Eastside Industrial District of Portland. It features twelve office suites ranging in size from 266 to 5,056 rentable square feet. A parking lot provides 66 parking passes, available at $125.00 per month, with a parking allocation ratio of 3.0 spaces per 1,000 rentable square feet. The building has undergone exterior and interior renovations designed by Kahnery Elan Interior Design. Lease rates range from $22.00 to $27.00 per square foot per year, plus an annual operating expense allocation of $10.00 per square foot, resulting in an all-in rate of $32.00 to $37.00 per square foot per year. The minimum lease term is three years. Brokers are welcome to inquire.

Key Highlights

  • Prime location in the close‑in Eastside Industrial District of Portland.
  • Variety of office suite sizes available, ranging from 266 to 5,056 RSF.
  • Recently renovated interior and exterior by Kahnery Elan Interior Design.

Property Analytics

Current Use

Apparatus Contractor Services, ... Accounting Firm Ann Marie Miner, ... Physician Ana Cragnolino PHD ... Physician Grid Property Management, ... Property Management Company Rubino, Skedsvold, Moran, ... Financial Advisor

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Tanning Salon Veterinary Clinic Mobile Phone 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
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

5,173
Businesses Nearby

Demographics for 97214, OR

28,403
Population
15,948
Households
1.8
Avg Household Size
36
Median Age
67%
College-Educated
98%
High-School Grad
2.9 sq mi
ZIP Area
9,794
Density / Sq Mi
$86,879
Median Household Income
$55,643
Median Earnings
$1,628
Median Rent
$733,200
Median Home Value

Market

Lease Benchmarks for Portland, OR

$34.07 /SF/Yr
Avg Asking Price
$12–$180 /SF/Yr
Price Range
26,474 SF
Avg Space Size

This space is priced 47% below the average of $34.07 /SF/Yr.

Vacancy Rate% for Office in Portland, OR

10.1% 2019
12.3% 2020
16.1% 2021
18.5% 2022
20.8% 2023
21.7% 2024
24.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Two-story office building with renovated suites available for lease.
Where is this office building located?
The property is located at 975 SE Sandy Blvd Portland, OR.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Prime location in the close‑in Eastside Industrial District of Portland.; Variety of office suite sizes available, ranging from 266 to 5,056 RSF.; Recently renovated interior and exterior by Kahnery Elan Interior Design.
More about this property
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