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Former Grocery with Commercial Kitchen
For Lease
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5005 NE Sandy Boulevard, Portland, OR 97213

Retail space with commercial kitchen in Portland's Hollywood District.

Space Size7,398 SF
Property Size31,716 SF
Days on Market1085

Property Features for 5005 NE Sandy Boulevard

General Information

Standard status Active
Size 7,398 SF
Property subtype Retail
Lease Type NNN

Building Details

Building Size 31,716 SF
Year Built 2018
Tenancy Multiple

Spaces For Lease

at 5005 NE Sandy Boulevard Contact us

Available Space

Size
7,398 SF
Type
Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Macadam Forbes
Listed By: Tyler Collins · License #OR
Source: Crexi
Added: Sep 16, 2023 Changed: Sep 2 Last Checked: Sep 2 at 6:18AM

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 Macadam Forbes

Investment Insights

Based on property information with market context.

The property, formerly a Basics Market, is a retail grocery location that includes a commercial kitchen. The space can be leased as-is or demised. It is located in the Hollywood district, a vibrant and historic neighborhood in northeast Portland, Oregon, known for its architecture and tree-lined streets. The Hollywood district features local shops, restaurants, and entertainment options. A notable landmark is the Hollywood Theatre, built in 1926 and restored. The neighborhood offers a variety of dining options, from vegan eateries to classic diners.

Key Highlights

  • Former retail grocery location with a commercial kitchen
  • Space can be demised or leased as‑is
  • Located in the vibrant and historic Hollywood district of Portland, Oregon

Property Analytics

Current Use

The Portland Clinic-Northeast Medical Clinic Tara Heeney, DO ... Pediatrician Amelia McConaghy, DO ... Pediatrician Justin Pavlovich, MD ... Physician Albert Khine, MD ... Physician

Suggested Use

Top Pick HVAC Service Electrical Service Tech Support Center Computer & Electronic Repair (Bike/Boat/Book/etc) Store Pet Grooming Service

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
$5.40 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,445
Businesses Nearby
Under-served
Demand for This Use

Demographics for 97213, OR

31,260
Population
14,971
Households
2.1
Avg Household Size
40
Median Age
61%
College-Educated
95%
High-School Grad
4.0 sq mi
ZIP Area
7,815
Density / Sq Mi
$95,801
Median Household Income
$56,941
Median Earnings
$1,490
Median Rent
$609,100
Median Home Value

Market

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
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Similar Off Market Nearby

  • Grocery Outlet 4420 NE Hancock St, Portland, OR 97213
  • Beaumont Market 4130 NE Fremont St, Portland, OR 97212

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Retail space with commercial kitchen in Portland's Hollywood District.
Where is this grocery and convenience store located?
The property is located at 5005 NE Sandy Boulevard Portland, OR.
What is the lease rate?
The lease rate is $36 SF/Yr.
What are key features of this property?
This property features: Former retail grocery location with a commercial kitchen; Space can be demised or leased as‑is; Located in the vibrant and historic Hollywood district of Portland, Oregon
(971) 201-8738 Call to check price and availability
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