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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.

Property Size618 SF
Days on Market541

Property Features for 1030 NW 12th Ave

General Information

Standard status Active
Size 618 SF
Property subtype RETAIL

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: SITE Centers - Corporate
Listed By: Emilia Pupello
Source: Moodyscre
Added: Feb 5, 2025 Changed: Jul 28 Last Checked: Jul 30 at 1:46PM

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

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

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

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 Call to check price and availability
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