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Tanner Place @ The Blocks

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Tanner Place @ The Blocks

1030 NW Johnson St, Portland, OR 97209
Retail For Sale Available Built 2000 1 floors
Asking Price
$5,330,000
Total Building11,346 SF
Land359 SF land
MarketNot Assigned
CountyMultnomah

Read Overview
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Overview

Property ID
306587
Listing ID
710698
Type
Retail
Asset Class
Retail
Zoning

Description

• 11,346 SF retail condo in Portland’s Pearl District• 86% leased to 4 tenants with a value-add opportunity through lease-up of a single 1,643 SF available suite at market rent• Yama Sushi & Sake Bar occupies nearly 34% of the GLA, and is a highly rated Pearl District restaurant recognized as one of Portland’s ?nest sushi bars with over 1k 4-star Yelp reviews• Visage Eyewear is a long-tenured operator having occupied the property for 25+ years with a brand new 3-year extension• Varied tenant mix of restaurant, personal service/health, and niche retail demonstrated by Pearl Audio Video, a high-end audio store that has operated at this location for over 18 years• Part of The Blocks mixed-use portfolio (10 buildings; ~94,000+ SF retail)• Supported by ~1,200 nearby residential condo unit

Listing Courtesy of:

ST
Sean Tufts
Northmarq Commercial, LLC
130 Nickerson Street, Ste 211,
Seattle, WA 98109
State: OR City: Portland ZIP: 97209 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.