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Cosmopolitan @ The Blocks
1035 - 1055NW Northrup St Portland OR 97209
Listing #: 710681 | Status: Available | Last Modified: 3/30/2026
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 0 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 0 |
| Net Operating Income | 0 |
| CAP Rate | 1.35 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Retail Asset Class Info | |
|---|---|
| Crane Tonnage | 0 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 1 |
| Total Building SF | 7,876 SF |
| Net Rentable Area | 7,876 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 0 SF |
| Lot SF | 149 SF |
| Acres | 0.0 |
| Year Built | 2016 |
| Property Type | |
|---|---|
| Property Type | Retail |
| Location | |
|---|---|
| County | Multnomah |
| Cross Street | 1225-1265 NW 10th Ave |
| Market Area | Not Assigned |
| Tax ID # | R676584 |
Cosmopolitan @ The Blocks
• 7,876 SF retail condo in Portland’s Pearl District • Strong value-add opportunity at 45% occupancy leased to Tea Bar and Pizzicato (both in place since 2016 and expected to extend) • Pizzicato is a well-known Portland pizza brand operated by the same restaurateur behind Lovejoy Bakers • Part of The Blocks mixed-use portfolio (10 buildings; ~94,000+ SF retail) • Benefits from ~1,200 nearby residential condo units and strong walkable density.