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18205 NE Sandy Blvd
Portland, OR 97230
Building B · Industrial Property For Sale
INVESTMENT HIGHLIGHTS
- ±145,096 SF industrial facility with concrete tilt-up construction
- Positioned in a business-friendly city with incentives
- Spec office buildout enhances owner-user appeal
- General Industrial zoning with robust infrastructure
- Minutes from major freeways and Portland International Airport
EXECUTIVE SUMMARY
Portland Portal III presents an exceptional investment opportunity in the heart of Gresham’s Airport Way submarket. This ±145,096 SF industrial facility is designed for modern logistics and manufacturing operations, with premium features including 36-foot clear heights, 39 dock-high doors, 2 grade-level doors, and 2,000 amps of 3-phase power. The building’s concrete tilt-up construction and GI zoning support a wide range of industrial uses.
Located just minutes from I-84, I-205, and Portland International Airport, the property benefits from unmatched regional access. The City of Gresham is recognized as a “Best-for-Business” jurisdiction in the Portland metro area, offering below-average NNN expenses and a proactive economic development team. The surrounding area is nearly built out, ensuring long-term stability and demand.
The ±2,750 SF spec office buildout adds value for owner-users or investors seeking a move-in-ready administrative space. With a strong labor pool and nearby retail amenities, Portland Portal III is well-positioned to support operational growth and long-term returns.
Located just minutes from I-84, I-205, and Portland International Airport, the property benefits from unmatched regional access. The City of Gresham is recognized as a “Best-for-Business” jurisdiction in the Portland metro area, offering below-average NNN expenses and a proactive economic development team. The surrounding area is nearly built out, ensuring long-term stability and demand.
The ±2,750 SF spec office buildout adds value for owner-users or investors seeking a move-in-ready administrative space. With a strong labor pool and nearby retail amenities, Portland Portal III is well-positioned to support operational growth and long-term returns.
PROPERTY FACTS
| Sale Type | Owner User | No. Stories | 1 |
| Property Type | Industrial | Year Built | 2024 |
| Property Subtype | Distribution | Parking Ratio | 0.57/1,000 SF |
| Building Class | A | Clear Ceiling Height | 36’ |
| Lot Size | 9.38 AC | No. Dock-High Doors/Loading | 39 |
| Rentable Building Area | 145,096 SF | No. Drive In / Grade-Level Doors | 2 |
| Zoning | GI - General Industrial | ||
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Distribution |
| Building Class | A |
| Lot Size | 9.38 AC |
| Rentable Building Area | 145,096 SF |
| No. Stories | 1 |
| Year Built | 2024 |
| Parking Ratio | 0.57/1,000 SF |
| Clear Ceiling Height | 36’ |
| No. Dock-High Doors/Loading | 39 |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | GI - General Industrial |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $523,980 | Total Assessment | $6,421,730 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$523,980
Improvements Assessment
$0
Total Assessment
$6,421,730
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