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Pearl District Retail Space Available
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1241 NW Johnson St, Portland, OR 97209

Prime second-generation retail space in Portland's Pearl District.

Space Size1,976 SF - 2,280 SF
Property Size4,256 SF
Days on Market810

Property Features for 1241 NW Johnson St

General Information

Standard status Active
Size 1,976 SF - 2,280 SF
Property subtype Retail

Building Details

Building Size 4,256 SF
Tenancy Multiple

Spaces For Lease

at 1241 NW Johnson St Contact us

Retail Suite 2

Size
1,976 SF
Type
Retail
Availability
Active
Contact us

Retail Suite 4A-4B

Size
2,280 SF
Type
Retail
Availability
Active
Contact us
Listing Agency: Commercial Realty Advisors Northwest LLC
Listed By: Ashley Heichelbech · License #OR 200509097
Source: Crexi
Added: Jun 5, 2024 Changed: Aug 22 Last Checked: Aug 21 at 8:56AM

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 Commercial Realty Advisors Northwest LLC

Investment Insights

Based on property information with market context.

This is a second-generation retail space located in the Pearl District of Portland, Oregon.

Key Highlights

  • Prime Pearl District location
  • Second Generation Space

Property Analytics

Current Use

Kinnamons Bakery Heartline Apartment Building

Suggested Use

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

7,719
Businesses Nearby

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

Market

Lease Benchmarks for Portland, OR

$23.6 /SF/Yr
Avg Asking Price
$12–$38 /SF/Yr
Price Range
24,336 SF
Avg Space Size

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Prime second-generation retail space in Portland's Pearl District.
Where is this retail space located?
The property is located at 1241 NW Johnson St Portland, OR.
What are key features of this property?
This property features: Prime Pearl District location; Second Generation Space
(503) 274-0211 Call to check price and availability
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