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Pearl District NNN Leased Investment
For Sale
$2,087,000

333 NW 13th Ave, Portland, OR 97209

NNN leased investment opportunity in Portland's vibrant Pearl District.

Property Size3,306 SF
Days on Market168

Property Features for 333 NW 13th Ave

General Information

Standard status Active
Size 3,306 SF
Property subtype Retail

Building Details

Building Size 3,306 SF
Year Built 1939
Listing Agency: Capacity Commercial Group
Listed By: Nicholas Diamond · License #OR #200403266
Source: Corfac
Added: Mar 5 Changed: Aug 19 Last Checked: Aug 20 at 4:47AM

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 Capacity Commercial Group

Investment Insights

Based on property information with market context.

This single-tenant NNN leased investment opportunity is located in Portland's Pearl District. The Mediterranean Exploration Company has leased the space since 2014 and recommitted with a new 5-year lease, which extends through March 31, 2031. The Pearl District is home to many notable retailers, employers, and residential apartments and condos.

Key Highlights

  • Single tenant NNN leased investment opportunity
  • Located in Portland's vibrant Pearl District
  • Long‑term lease with Mediterranean Exploration Company (MEC) through March 31, 2031

Property Analytics

Current Use

Mediterranean Exploration Company Restaurant

Suggested Use

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

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

13,346
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

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?
NNN property - NNN leased investment opportunity in Portland's vibrant Pearl District.
Where is this nnn property located?
The property is located at 333 NW 13th Ave Portland, OR.
What is the asking price?
The asking price for this property is $2,087,000.
What are key features of this property?
This property features: Single tenant NNN leased investment opportunity; Located in Portland's vibrant Pearl District; Long‑term lease with Mediterranean Exploration Company (MEC) through March 31, 2031
More about this property
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