Ground-Floor Retail
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922 NW 11th Ave, Portland, OR 97209
Park Place offers ground-floor retail spaces within a multi-building setting that also includes substantial residential space.
Property Size1,701 SF
Days on Market743
Property Features for 922 NW 11th Ave
General Information
Standard status
Active
Size
1,701 SF
Property subtype
RETAIL
Listing Agency:
Urban Works Real Estate
(503) 228-3135
Listed By:
Dan Bozich
(503) 228-3135
Source:
Moodyscre
Added: Jul 19, 2024
Changed: Jul 26
Last Checked: Jul 30 at 1:38PM
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
Investment Insights
Based on property information with market context.
Park Place is part of a blocks collection of ten buildings acquired by SITE Centers in late 2019. The property includes 40 ground-floor retail spaces alongside 94,000 square feet of residential space.
The buildings are concentrated in Portland’s North Pearl District neighborhood and are described as focused on providing neighborhood amenities and creating synergy within the area.
As a retail-in-center offering, Park Place is positioned to serve day-to-day consumer traffic generated by the adjacent residential component, with a concentrated footprint of multiple ground-floor storefronts within the block grouping.
The buildings are concentrated in Portland’s North Pearl District neighborhood and are described as focused on providing neighborhood amenities and creating synergy within the area.
As a retail-in-center offering, Park Place is positioned to serve day-to-day consumer traffic generated by the adjacent residential component, with a concentrated footprint of multiple ground-floor storefronts within the block grouping.
Key Highlights
- Park Place includes a multi‑building setting of 10 buildings acquired in late 2019 by SITE centers.
- Located in the northern pearl district neighborhood.
- Includes 40 ground‑floor retail spaces.
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
5,666
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
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
Vacancy Rate% for Retail in Portland, OR
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Frequently Asked Questions
What type of property is this?
Shopping center - Park Place offers ground-floor retail spaces within a multi-building setting that also includes substantial residential space.
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 includes a multi‑building setting of 10 buildings acquired in late 2019 by SITE centers.; Located in the northern pearl district neighborhood.; Includes 40 ground‑floor retail spaces.
