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Retail Space in Multi-Building Center
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1030 NW 12th Ave, Portland, OR 97209

The Blocks is a ten-building retail and service assemblage with approximately 40 tenants in Portland’s Pearl District.

Property Size3,046 SF
Days on Market932

Property Features for 1030 NW 12th Ave

General Information

Standard status Active
Size 3,046 SF
Property subtype RETAIL

Additional Details

Highway Access Yes
Listing Agency: SITE Centers - Corporate
Listed By: Emilia Pupello
Source: Moodyscre
Added: Jan 11, 2024 Changed: Jul 29 Last Checked: Jul 30 at 2:04PM

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 collection of ten buildings comprising a 96,730-square-foot retail and service-oriented assemblage. The property is currently home to approximately 40 retail and service tenants and is configured to serve a 24/7 live-work community.

The buildings are situated in the heart of the Pearl District at the base of desirable residential towers in Portland. The location also offers close proximity to downtown Portland and access to local freeways for convenient commuter travel.

The provided information does not update unit floor details.

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
  • Tenants serve the Pearl District’s 24/7 live‑work community

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

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
Rey
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Frequently Asked Questions

What type of property is this?
Shopping center - The Blocks is a ten-building retail and service assemblage with approximately 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; Tenants serve the Pearl District’s 24/7 live‑work community
(813) 972-5066 Call to check price and availability
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