1015 - 1035NW Lovejoy St
Portland OR 97209
Metropolitan @ The Blocks
1015 - 1035NW Lovejoy St Portland OR 97209
Listing #: 710701 | Status: Available | Last Modified: 3/30/2026 |
For Sale
- Phone:(206) 693-3352
- Email:seantufts@northmarq.com
- Office Name:Northmarq Commercial, LLC
- Office Phone:(206) 693-2239
- Office Website:
- Agent Phone:(503) 998-6572
- Agent Email:kadatto@northmarq.com
- Agent Phone:(206) 693-3329
- Agent Email:jdugoni@northmarq.com
- Agent Phone:(425) 628-7422
- Agent Email:jhallberg@northmarq.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 8,660,000.0
- Listing StatusAvailable
- Days on Market38
- Asset ClassRetail
- Terms
- CondoYes
- Condo $/SF512
- Condo SF16,893
- Condo Parcel #
- Condo Fees
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 6.75 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings1
- # of Floors1
- # of Units
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF16893
- Net Rentable Area16893
- Total Office SF
- Largest Contiguous SF
- Lot SF186
- Acres0.0
- Property TypeRetail
- Office Type
- Building Class
- CountyMultnomah
- Vicinity
- Location Description
- Second Address
- Cross Street1000-1030 NW Marshall St
- Market AreaNot Assigned
- Tax ID #R604103
- Additional ParcelsR604104, R604105, R604106
- Zoning
- Year Built2007
- Year Renovated
- Completion Date
- Roof Type
- Construction Type
Metropolitan @ The Blocks
• 16,893 SF retail condo in Portland’s Pearl District, 100% leased to 4 tenants • All tenants operate on a NNN lease structure with annual scheduled rent increases provided by 2 of the 4 tenants • Chase Bank occupies the largest percentage of space at 33%, and has operated at this location for 15 years with a brand new 5-year extension • Additional tenants include The Aesthetic Experience (new 10-year lease), Hosmer Chiro Health (15+ years at this location), and Barre3 (17+ years at this location) • Tenancy is exclusively service-based and appointment-driven: banking, aesthetics/wellness, chiropractic, and fitness • 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