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    5005 Sandy Blvd Portland, OR 97213

    Sponsored
    For Lease
    $36 SF/Yr

    7,398 SF Retail, Excellent Location

    Lot size:
    31,716 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 7,398 square foot retail space, located at 5005 NE Sandy Boulevard in Portland, Oregon, presents a unique investment opportunity. Built in 2018, the property boasts a total building size of 31,716 square feet and is situated within a CM2 - Commercial Mixed Use zoning district in Multnomah County. The space is currently vacant and offers significant potential for a variety of retail uses. Previously occupied by a fully functioning grocery store with a commercial kitchen, the layout is adaptable and can be leased as-is or subdivided to suit a tenant's specific needs. The building offers off-street parking located at the rear of the structure, providing convenient access for customers and employees. The property's address is 5005 NE Sandy Blvd, Portland, OR 97213. Its prime location in Portland offers excellent visibility and accessibility, making it an ideal space for a variety of retail businesses. The property's 2018 construction ensures modern amenities and efficient design. This is a single-tenant space, offering a streamlined leasing process and potential for long-term stability. The existing infrastructure, including the commercial kitchen, presents a significant advantage for food-related businesses or those requiring specialized equipment. This property represents a rare opportunity to acquire a well-located, versatile retail space in a thriving Portland neighborhood.

    Property Features for 5005 Sandy Blvd

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    31,716 SF
    Total Rate
    95148

    Building Details

    Year Built
    2018

    Unit(s) available at that property

    Space
    Available Space
    Size
    7,398 SF
    Rate per SF
    $36

    HighLights

    • 7,398 SF retail space available at 5005 NE Sandy Blvd, Portland, OR 97213.
    • 2018 construction in a CM2 zoning district.
    • High‑end commercial build‑out, ready for immediate occupancy.
    • Grade‑level loading dock.
    • High‑visibility end‑cap space.
    • Rear off‑street parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    The Portland Clinic-Northeast Medical Clinic Tara Heeney, DO ... Family Practice Physician Amelia McConaghy, DO ... Family Practice Physician Justin Pavlovich, MD ... Otolaryngologist Albert Khine, MD ... Gastroenterologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Multnomah
    State
    Oregon
    Longitude
    -122.611766
    Latitude
    45.539675

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    FAQs

    What type of property is this?
    Individual retail property - 7,398 SF Retail, Excellent Location
    Where is this individual retail property located?
    The property is located at 5005 Sandy Blvd Portland, OR.
    What is the lease rate?
    The lease rate is $36 SF/Yr.
    What are key features of this property?
    This property features: 7,398 SF retail space available at 5005 NE Sandy Blvd, Portland, OR 97213.; 2018 construction in a CM2 zoning district.; High-end commercial build-out, ready for immediate occupancy.
    Request Owner's contact information
    5005 Sandy Blvd Portland, OR 97213
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    Portland, OR 97213
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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
    5005 Sandy Blvd Portland, OR 97213
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