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Bank of America 10120 NE Sandy Blvd 14,219 SF of Retail Space Available in Portland, OR 97220
HIGHLIGHTS
- Prime corner location at NE Sandy Blvd & NE 102nd Ave
- Large lot with commercial zoning – ideal for a range of uses
- Excellent proximity to I-205 for regional connectivity
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 14,219 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
1st Floor
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.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 14,219 SF | Gross Leasable Area | 14,219 SF |
| Property Type | Retail | Year Built | 1970 |
| Property Subtype | Bank | Parking Ratio | 6.5/1,000 SF |
| Total Space Available | 14,219 SF |
| Property Type | Retail |
| Property Subtype | Bank |
| Gross Leasable Area | 14,219 SF |
| Year Built | 1970 |
| Parking Ratio | 6.5/1,000 SF |
ABOUT THE PROPERTY
Former bank building with drive-thru ±14,219 SF split between two floors on a ±0.97-acre (42,253 SF) lot. Located at the high-traffic intersection of NE Sandy Boulevard and NE 102nd Avenue in Portland’s Parkrose neighborhood, this ±0.97-acre commercial site offers exceptional visibility, access, and flexibility. The property includes a ±14,219 SF former bank building with two floors and an existing drive-thru. With multiple access points on NE Sandy and NE 101st, and excellent proximity to I-205, the site is ideally positioned for a wide range of commercial uses. The existing structure can be delivered in shell condition or demolished for redevelopment, depending on tenant needs. Zoned CM2 (Commercial/Mixed Use 2), the site supports medium-scale commercial, residential, or mixed-use development in walkable, transit-supportive areas. This is a rare opportunity to secure a prominent, highly visible corner lot in East Portland.
- Banking
- Bus Line
- Corner Lot
- Metro/Subway
- Pylon Sign
- Signalized Intersection
- Drive Thru
NEARBY MAJOR RETAILERS
Presented by
Bank of America | 10120 NE Sandy Blvd
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