1227 NW 11TH AVE RETAIL / OFFICE SPACE IN THE HEART OF THE PEARL

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1 THE PEARL SPACE 1,510 SF Photo 1: Best Photo of Building RETAIL CREATIVE 1227 NW 11TH AVE RETAIL / OFFICE SPACE IN THE HEART OF THE PEARL BRIAN GREELEY TYLER BRUSS

2 1227 NW 11TH ADDRESS 1227 NW 11TH SPACE 1,510 SF AVAILABLE MAY 1, 2018 AREA PEARL DISTRICT USES RETAIL / OFFICE SITKA APARTMENTS Sitka Apartments is a 6 story, 209 unit affordable housing apartment building complete with ground floor retail. Located in the heart of Portland s Pearl District, Sitka was designed, engineered, and constructed with careful attention to its environmental impact. The major focus of the environmental design was to reduce the use of energy and natural resources in the ongoing operation of the building. Sitka Apartments is 100% leased. INTERIOR OF THE SPACE 1227 NW 11TH 2

3 FLOOR PLAN BREAKROOM AVAILABLE 1,510 SF NW 11th AVE ADA BATHROOM 1227 NW 11TH 3

4 AREA DEVELOPMENT NW Savier St 1 NW Front Ave NW Raleigh St NW Quimby St 7 4 NW Pettygrove St NW Overton St SITE NW Northrup St 12 NW Marshall St NW Station Way NW Lovejoy St 13 NW Kearney St NW Johnson St 17 NW Irving St NW 15th Ave NW 14th Ave NW 13th Ave NW 12th Ave NW 11th Ave NW 10th Ave NW 9th Ave 1. Abigail Apartments apt. units 2. Broadstone Pearl apt. units 3. Block apt. units 4. Block condos 5. Centennial Mills Redevelopment NW Overton St apt. units 7. Modera Pearl apt. units 8. The N.V apt. units 9. Block apt. units 10. The Cosmopolitan on the Park condos 11. Station Place Lot 5-9 Story office building 12. Wolff Development apt. units NW. 14th - mixed use development 14. Stagecraft Building - Design Within Reach 15. Block apt. units + offices 16. Post Office Redevelopment 17. Pearl West - Class A office building The Pearl District is located just north of the central business district of Portland, Oregon. For years this area was a warehouse district that later evolved to house many artists lofts. In the last 10 years, this area has blossomed into a retail and residential mecca, all paved by the artists and creative influence in the area. The district is bordered by NW Broadway to the east, NW 16th/I-405 to the west, W. Burnside to the south and the Willamette River to the north. There are approximately 6,179 existing and planned residential units in the Pearl District. Naturally, retail has followed the residential boom, including grocery (Whole Foods, a 47,000 square foot Safeway and Pearl Market), service (dry cleaning, salons, banks, interior design services, etc.), boutique retail (clothing, shoes, eyewear, gifts, flowers, garden stores and art galleries), big box retail (REI and Office Max), 24 Hour Fitness and food (more than 35 restaurants and bars and numerous coffee establishments) NW 11TH 4

5 AREA RETAIL & DEMOS.25 MILES.5 MILES 1 MILE 2017 POPULATION 5,332 10,471 34,212 TOTAL EMPLOYEES 3,240 17,573 86,494 TOTAL BUSINESSES 285 1,582 7,439 MEDIAN HH INCOME $91,656 $81,058 $59,718 MEDIAN AGE SOME COLLEGE 94.6% 92.6% 87.7% TANNER SPRINGS PARK BRIDGEPORT BREWPUB REI LOVEJOY BAKERS THE FIELDS PARK SISTERS COFFEE CARLITAS 1227 NW 11TH 5

6 PEARL DISTRICT CHILDPEACE MONTESSORI ACADEMY Food and Drink Retail Other MAGNUM OPUS RIDE CAFE THE OLD PORTLAND THE PARKER APTS PLANET GRANITE FREMONT APTS THE FIELDS PARK NV APTS OVATION BLOCK 17 APTS PURE SPACE PIZZICATO ECRU MODERN STATIONER CARLITAS LA FITNESS CERULIEAN WINERY THE FIELDS WYATT APTS PURE BARRE VIA DELIZIA SISTERS COFFEE BRIDGEPORT BREWPUB SAFEWAY URBAN GRIND REI GANN BROS. ZOOM CARE TITLE 9 IRVING ST. KITCHEN LIZARD LOUNGE BLACK ROCK COFFEE PARAGON HUNT & GATHER BARISTA VERDE COCINA ZOOM CARE SUBWAY FEDEX LOVEJOY BAKERS YAMA SUSHI STARBUCKS BURN CYCLE PERCH OLIVE OR TWIST THE HAIRY LOBSTER 24 HOUR FITNESS PARKLANE MATTRESSES BRIX TAVERN LOVEJOY STATION WELLS FARGO JAMISON COOL MOON ICE CREAM GREEN LEAF SQUARE PIAZZA ITALIA DESIGN WITHIN REACH MIO SUSHI RESIDENCE INN METRO CONDOS SERES CHIPOTLE NOSSA FAMILIA OFFICE MAX THRONE PEARL THAI TANNER SPRINGS PARK BARRE 3 OASIS FOOT SPA GNC KEY BANK TEA BAR CAN FONT KEEN SINJU SUSHI THE HABERDASHERY FUEGO BURRIOTS RECYCLED CHIC GIORGIO S CIELO HOME OBLATION BLICK RITE AID UNION STATION HOTLIPS PIZZA BURRITO BAR LOW BROW THE BAR METHOD FRENCH QUARTER LINENS THE LUNCHBOX ALLORA BED MART PIZZA SCHMIZZA PDX CONTEMPORARY ART CHA CHA CHA WHOLE BOWL PARK KITCHEN STARBUCKS PHO VON FRESH BLACKFISH GALLERY BYWAYS CAFE BANK OF COCCOON SILK VERDUN CHOCOLATES UPS STORE 10 BARREL BREWING THE WEST VERDUN NUVREI ROGUE GARNISH CHOCLOATE KHAO SAN PUBLIC HOUSE RICH S CIGAR STORE HANNA ISABEL ROOM & CULTURED SHERWIN PEARL ANDERSSON TANNER CREEK TAVERN STAG PDX BOARD WILLIAMS CUPCAKE JONES TRATTORIA JOHN S CAFE GALLO NERO BEN & THE SHADE TILT LIFE OF RILEY CAFE UMBRIA JERRY S STORE HARVEY S COMEDY CLUB ANDINA PINTS 1227 NW 11TH 6

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