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Ground-Floor Retail Storefronts
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922 NW 11th Ave, Portland, OR 97209

Park Place offers ground-floor retail spaces within a 10-building retail-and-residential block.

Space Size2,500 SF
Days on Market1568

Property Features for 922 NW 11th Ave

General Information

Standard status Active
Size 2,500 SF
Property subtype RETAIL

Site & Location

Neighborhood Pearl District

Spaces For Lease

at 922 NW 11th Ave
922 NW 11th Ave AVAILABLE, Now
Floor 1
Size 2,500 SF
Type RETAIL
Rate Contact for pricing
Sublease No
- Park place is part of the blocks, a collection of ten buildings acquired by SITE centers in late 2019. - The buildings are concentrated in the northern pearl district neighborhood and include 40 ground floor retail spaces with 94,000 sf of residential space. - The blocks aim to provide excellent neighborhood amenities and create a synergy in the bustling neighborhood.
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Listing Agency: Urban Works Real Estate
Listed By: Dan Bozich
Source: Moodyscre
Added: Jul 13, 2022 Changed: Oct 25 Last Checked: Oct 26 at 7:34PM

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 Urban Works Real Estate

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Investment Insights

Based on property information with market context.

Park Place is a shopping center block comprising ten buildings acquired by SITE Centers in late 2019. The property includes 40 ground-floor retail spaces and approximately 94,000 square feet of residential space, creating a mixed retail-and-living environment within the blocks.

Park Place is concentrated in the northern Pearl District neighborhood. For renters seeking retail frontage in a multi-building, ground-floor format, the center provides a consistent on-site retail presence across the collection of buildings.

Key Highlights

  • Park Place is a 10‑building retail‑and‑residential block acquired by SITE Centers in late 2019
  • Includes 40 ground‑floor retail spaces
  • Features 94,000 sf of residential space

Property Analytics

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Open Analytics

Current Use

DIANE KLAUSNER FITNESS ... Gym & Fitness Center Candace D. Parmer, ... Alternative Medicine Practice Park Place Condominium Complex

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Adult Day Care Tanning Salon Supermarket Butcher

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

7,381
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
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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 - Park Place offers ground-floor retail spaces within a 10-building retail-and-residential block.
Where is this shopping center located?
The property is located at 922 NW 11th Ave Portland, OR.
What are key features of this property?
This property features: Park Place is a 10‑building retail‑and‑residential block acquired by SITE Centers in late 2019; Includes 40 ground‑floor retail spaces; Features 94,000 sf of residential space
(503) 228-3135 Call to check price and availability
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