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Retail Storefront Buildings at The Blocks
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1030 NW 12th Ave, Portland, OR 97209

Ten-building retail and service assemblage with about 40 tenants in Portland’s Pearl District.

Space Size618 SF
Days on Market634

Property Features for 1030 NW 12th Ave

General Information

Standard status Active
Size 618 SF
Property subtype RETAIL

Site & Location

Neighborhood Pearl District
Highway Access Yes

Building Details

Tenancy Multi

Spaces For Lease

at 1030 NW 12th Ave
1125 NW 9th Ave AVAILABLE, Now
Floor 1
Size 618 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- The Blocks is a collection of ten buildings located in the heart of the Pearl District in Portland, Oregon. The 96,730-square-foot assemblage houses approximately 40 retail and service-oriented tenants that cater to the 24/7 live-work community and are situated at the base of the most desirable residential towers in Portland. With estimated population growth of 18% over the next five years, the Pearl District is one of the most sought-after places to live on the West Coast and offers close proximity to downtown Portland as well as local freeways allowing for convenient commuter access. - Floor details not updated in website,pdf
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Listing Agency: SITE Centers - Corporate
Listed By: Emilia Pupello
Source: Moodyscre
Added: Feb 5, 2025 Changed: Oct 25 Last Checked: Nov 1 at 4:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SITE Centers - Corporate

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Investment Insights

Based on property information with market context.

The Blocks is a retail and service storefront assemblage made up of ten buildings at 1030 NW 12th Ave in Portland, Oregon. The property totals approximately 96,730 square feet and is described as housing about 40 retail and service-oriented tenants within a live-work community environment.

The property is positioned in the heart of the Pearl District, at the base of residential towers in Portland. The remarks also note estimated population growth of 18% over the next five years, along with proximity to downtown Portland and local freeways for commuter access.

Floor details were not updated on the website or PDF referenced in the remarks.

Key Highlights

  • Ten‑building retail and service assemblage in Portland’s Pearl District
  • 96,730 SF assemblage with approximately 40 retail and service‑oriented tenants
  • Property is described as located at the base of desirable residential towers in Portland

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Realty Portland Real Estate Agency The Pinnacle Real Estate Agency Amanda Folkestad, Realty ... Real Estate Agency KRH Consulting Business Management Consultant Betsy Shand Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Supermarket Tanning Salon Butcher Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

7,719
Businesses Nearby
Balanced
Demand for This Use

Demographics for 97209, OR

22,755
Population
16,437
Households
1.4
Avg Household Size
38
Median Age
66%
College-Educated
96%
High-School Grad
1.0 sq mi
ZIP Area
22,755
Density / Sq Mi
$84,059
Median Household Income
$68,731
Median Earnings
$1,669
Median Rent
$573,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Portland, OR

4.6% 2019
5.6% 2020
5.2% 2021
4.2% 2022
4.4% 2023
4.7% 2024
5.4% 2025

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Frequently Asked Questions

What type of property is this?
Shopping center - Ten-building retail and service assemblage with about 40 tenants in Portland’s Pearl District.
Where is this shopping center located?
The property is located at 1030 NW 12th Ave Portland, OR.
What are key features of this property?
This property features: Ten‑building retail and service assemblage in Portland’s Pearl District; 96,730 SF assemblage with approximately 40 retail and service‑oriented tenants; Property is described as located at the base of desirable residential towers in Portland
(813) 972-5066 · Office Call to check price and availability
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