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5005 NE Sandy Blvd
7,398 SF of Retail Space Available in Portland, OR 97213
Sublease Highlights
- Close Proximity to Interstate 84
- Walk score (94) walkers paradise
- Transit score (59) good transit
- Close proximity to frequent service TriMet transit, including bus lines and MAX Blue, Red and Green lines
- Bike score (96) bikers paradise
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 7,398 SF | May 2032 | $36.00 /SF/YR $3.00 /SF/MO $387.50 /m²/YR $32.29 /m²/MO $22,194 /MO $266,328 /YR | Triple Net (NNN) |
1st Floor
The former Basics Market location was a fully functioning retail grocery which included a commercial kitchen. The space can be demised or leased as-is. The building is shared with The Portland Clinic.
- Sublease space available from current tenant
- Lease rate does not include utilities, property expenses or building services
- Highly Desirable End Cap Space
- Space is in Excellent Condition
- Kitchen
- Sublease through May 2032
- Rent Escalations: 9% every 3 years
- High-end commercial buildout, ready to move-in
- Grade-level loading door
- End space with high visibility
- Off-street parking in back of building
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 5005 NE Sandy Blvd , Portland, OR 97213
| Property Type | Retail | Year Built | 2018 |
| Property Subtype | Supermarket | Parking Ratio | 0.28/1,000 SF |
| Gross Leasable Area | 31,716 SF |
| Property Type | Retail |
| Property Subtype | Supermarket |
| Gross Leasable Area | 31,716 SF |
| Year Built | 2018 |
| Parking Ratio | 0.28/1,000 SF |
About the Property
The Hollywood district is a vibrant and historic neighborhood located in the northeast section of Portland, Oregon. The district is known for its charming architecture, tree-lined streets, and a variety of local shops, restaurants, and entertainment options. One of the most notable landmarks in the Hollywood district is the Hollywood Theatre, which was built in 1926 and has been restored to its former glory. The district is also home to a number of locally-owned shops and boutiques, as well as several popular restaurants and cafes. From vegan eateries to classic diners, there are plenty of options for foodies to explore in the Hollywood Neighborhood. Bike score (96) bikers paradise
Nearby Major Retailers
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Tyler Collins -
Power Broker Todd Collins -
Macadam Forbes, Inc.
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5005 NE Sandy Blvd
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