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4840 NE Sandy Blvd
Portland, OR 97213 Rose City Park

$2,700,000 USD

Office For Sale  •  7,942 SF

Property Details

  • Property Type Office
  • Total Building Size 7,942 SF
  • Lot Size 0.21 AC
  • Building Class B
  • Year Built 1978
  • Cap Rate 5.46 %
  • Tenancy Multiple
  • Zoning RM2
62 Transit Score
93 Walk Score

Highlights

$800,000 in tenant specific improvements
stable medical anchor tenant
built in NOI growth

Property Flyers

Financial Summary (Actual)

Net Operating Income: $147,341 USD (2025)
Cap Rate: 5.46 %
Total Expenses: $57,508 USD

Major Tenants

Tenant SF Occupied Lease End Date
Life Key Counseling
Normund Azuins
Pcc Development Llc

Amenities

  • Bus Line
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
Portland (Amtrak Cascades - Amtrak, Coast Starlight - Amtrak, Empire Builder - Amtrak) 9 min - 4.4 mi
Transit/SubwayDriveWalkDistance
Hollywood/Ne 42Nd Ave Max Station (MAX Blue Line - TriMet, MAX Green Line - TriMet, MAX Red Line - TriMet) 6 min 13 min 0.7 mi
AirportDriveWalkDistance
Portland International 13 min - 5.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 11
Type: Surface
Included in Rent: Yes
John Gibson 503-860-3267 Commercial Black LLC
John Gibson 503-860-3267 Commercial Black LLC