Description
• 9,193 SF retail condo in Portland’s Pearl District• Signi?cant value-add / repositioning opportunity at 9%occupancy with 8,376 SF of available space across four suites• Sole tenant is Adore Day Spa (817 SF), a 15-year tenant with a lease through May 2030 and 1, 5-year option• Signi?cant below-market pricing at $218/SF presents a compelling basis relative to replacement cost• Available suites offer ?exibility for owner-occupancy, creative re-tenanting, or potential larger format spaces• Part of The Blocks mixed-use portfolio (10 buildings; ~94,000+ SF retail)• Supported by ~1,200 nearby residential condo units and strong walkable density