View Map All Properties • Page 1 of 1 View All Sort by Price Sort Alphabetical
« Back

Lexis @ The Blocks

Main image

Lexis @ The Blocks

1125 NW 9th Ave, Portland, OR 97209
Retail For Sale Available Built 2005 1 floors
Asking Price
$2,230,000
Total Building7,195 SF
Available7,195 SF avail
Land319 SF land
MarketNot Assigned
CountyMultnomah

Read Overview
Contact the Muljat Team about this listing.

Overview

Property ID
306592
Listing ID
710703
Type
Retail
Asset Class
Retail
Zoning

Description

• 7,195 SF retail condo in Portland’s Pearl District • 76% leased with value-add opportunity through lease-up of a single 1,720 SF available suite at market rent• Style Aesthetics recently signed a new 10-year NNN lease with 3% annual increases, anchoring 46% of the building• Enso Float has operated at this location since 2016, providing wellness/float therapy services with an with extension currently being negotiated by Seller• Tenancy is entirely health/beauty/wellness focused, aligning with the Pearl District’s experiential retail demand• 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

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

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