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    1015 NW Northrup St Portland, OR 97209

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    For Lease
    $2,982 /Mo ($21 SF/Yr)

    Retail space available in Portland's desirable Pearl District.

    Property size:
    1,690 SF
    Lot size:
    0.92 Acres

    Property Features for 1015 NW Northrup St

    General Information

    Size
    1,690 SF
    Lot size
    0.92 Acres

    Source: SITE Centers - Corporate Agent Emilia Pupello

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pearl District Retail Opportunity

    The Blocks is a collection of ten buildings totaling 96,730 square feet. Located in the heart of the Pearl District in Portland, Oregon, the assemblage houses approximately 40 retail and service-oriented tenants. These tenants cater to the 24/7 live-work community and are situated at the base of some of the most desirable residential towers in Portland. The Pearl District is one of the most sought-after places to live on the West Coast, with an estimated population growth of 18% over the next five years. It offers close proximity to downtown Portland as well as local freeways, allowing for convenient commuter access. Available space is approximately 1,690 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Can Font - Spanish ... Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Hair Salon Spa & Massage Nail Salon Food Market Clothing Store Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    ChargeItSpot, Coin Cloud Bitcoin ATM, Union Way, Old Town, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Portland
    County
    Washington
    State
    Oregon
    Longitude
    -122.6821301
    Latitude
    45.5317379

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    FAQs

    What type of property is this?
    Shopping center - Retail space available in Portland's desirable Pearl District.
    Where is this shopping center located?
    The property is located at 1015 NW Northrup St Portland, OR.
    What is the lease rate?
    The lease rate is $21 SF/Yr.
    What are key features of this property?
    This property features: - Located in the heart of the Pearl District, one of the most sought-after places to live on the West Coast.; - Houses approximately 40 retail and service-oriented tenants.; - Situated at the base of the most desirable residential towers in Portland.
    (216) 755-5500
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    Portland, OR 97209
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1015 NW Northrup St Portland, OR 97209
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