5904 NE Sandy OM

The information contained in this marketing brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Commercial Integrity, NW and should not be made available to any other persons or entities without written consent of Commercial Integrity, NW. The information contained herein has been prepared to provide summary, unverified financial and physical information to prospective purchasers to establish a preliminary level of interest in the Subject Property. THE INFORMATION CONTAINED HEREIN SHALL NOT BE A SUBSTITUTE FOR

A THOROUGH DUE DILIGENCE INVESTIGATION.

Commercial Integrity, NW has not made any investigation, and makes no warranty or representation with respect to the income or expense for the Subject Property, the future projected financial performance of the Subject Property, the size or square footage and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or financial condition or business prospects of any tenant, or any tenant’s plan or intentions to continue to occupy the Subject Property. The information contained herein has been obtained from sources we believe to be reliable; however, Commercial Integrity, NW has not verified and will not verify, any of the information contained herein, nor has Commercial Integrity, NW conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential purchasers must take appropriate measures to verify all of the information set forth herein.

NE PORTLAND OWNER-USER OFFICE FOR SALE OR LEASE

5904

11,778+ VPD ALONG NE SANDY BLVD

NUMBERS

VALUATION

5904 NE SANDY BLVD | PORTLAND, OR THE

LEASE OFFERING:

5904 NE SANDY BLVD

RBA: 2,854 SF RATE: $17.50 PSF

DELIVERY: IMMEDIATE TYPE: NNN

TENANCY: STNL

DESCRIPTION: OFFICE LEASE

SALE OFFERING: $749,000

5904 NE SANDY BLVD

ACRES: 0.09 BLDG PSF: $262 PSF

PRICE: $749,000 LAND PSF: $185 PSF

BUILDING(S): 2,854 SF ON MARKET

DESCRIPTION: OFFICE

Property Name

5904 NE SANDY BLVD

$749,000

$262 PSF Building

$185 PSF Land

REDUCED$50K

$17.50 PSF

•NE Portland Owner/User Office for Sale/Lease

•$14.8B Annual Consumer Spending within a 5 mile radius

•2,854 SF, free-standing Office Space in previously residential building.

•11,778+ VPD Along NE Sandy Blvd

•94 Bike Score, 85 Walk Score, 45 Transit Score

•Sandy BLVD has become a destination for dining, drinking and entertainment

$14.8B ANNUAL COMSUMER SPENDING WITHIN 5 MILE RADIUS

5904 NE SANDY BLVD | PORTLAND, OR THE

ABOUT PORTLAND, OR

Portland, Oregon is the second largest city in the Pacific Northwest, just three hours south of Leader Seattle, Washington. With projections for population and wage growth being 1.23% and 4.68% respectively, the City of Roses ranked number 17 on Forbes’ list of America’s Fastest-Growing Cities in 2018. The Portland Metro now represents more than one-half of Oregon’s population. Steady booming growth in recent years has allowed for the significant uptick of construction, both commercial and residential, within the Multnomah County.

Diverse and hip Northeast Portland is known for the Alberta Arts District, with quirky shops, galleries, hip eateries and the lively Last Thursday street fair. Live music acts play regularly in small, low-key bars, and at the renovated 1920s Alberta Rose Theatre. Breweries, brunch spots and artisan boutiques line North Mississippi and Williams avenues. The Grotto is a Catholic shrine with tranquil botanical gardens. At the base of Northeast where its border meets Southeast, an area near the Burnside Bridge has been redeveloped into a bustling nightlife and entertainment district. The area features bars like The Chesterfield and music venues like The Doug Fir Lounge.

St. John's Bridge

Mural in NE Portland

Image: wikimedia.org

Image: en.wikipedia.org

White Stag Sign

Image: wikimedia.org

11,778 VPD+ AT NE SANDY BLVD

6,512 VPD+ AT NE 57TH AVE

197 VPD+ AT NW 59TH AVE

ANNUAL FOOT TRAFFIC: 43,900 SITE VISITS

HOURLY FOOT TRAFFIC: 2 PM PEAK

DAILY FOOT TRAFFIC: MONDAY PEAK

WALKSCORE: 85 (VERY WALKABLE)

BIKESCORE: 96 (BIKER PARADISE)

TRANSITSCORE: 45 (SOME TRANSIT)

AIRPORT:

13 MIN DRIVE TO PDX

PORTLAND INTERNATIONAL AIRPORT