LISTING DETAILS

Metropolitan @ The Blocks

1015 - 1035NW Lovejoy St Portland OR 97209

Listing #: 710701 | Status: Available | Last Modified: 3/30/2026

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Condo Information
CondoYes
Condo $/SF$ 512.00
Condo SF16,893 SF
Investment Information
Investment PropYes
Gross Income0
Vacancy Factor %0.00%
Operating Expenses0
Net Operating Income0
CAP Rate6.75 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Retail Asset Class Info
Crane Tonnage0
Building Information
Building StatusExisting
# of Buildings1
# of Floors1
Total Building SF16,893 SF
Net Rentable Area16,893 SF
Total Office SF0 SF
Largest Contiguous SF0 SF
Lot SF186 SF
Acres0.0
Year Built2007
Property Type
Property TypeRetail
Location
CountyMultnomah
Cross Street1000-1030 NW Marshall St
Market AreaNot Assigned
Tax ID #R604103

Metropolitan @ The Blocks

Public Comments

• 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