Listed by Capacity Commercial Group
$2,087,000
Block 90 NNN Leased Investment
Details
Property Type Retail
Sub Type Restaurant
Square Footage 3,306
Cap Rate 7.00%
Occupancy 100%
Tenancy Single
Brand/Tenant Mediterranean Exploration Company
Lease Type NNN
Remaining Term 5
Price per SqFt $631
Class A
Year Renovated 2014
Buildings 1
Stories 3
Ground Lease No
FOR SALE | Single Tenant NNN Leased Investment Opportunity in Portland's Pearl District
Marketing description
100% Leased | High Profile Restaurant
Rentable SF: 3,306 SF
Sale Price: $2,087,000 ($631/SF)
CAP Rate: 7.0%
Tenant: Mediterranean Exploration Company
Investment highlights
- Mediterranean Exploration Company has leased the space since 2014
- MEC Recommitted with a New 5-Year Lease, Thru March 31, 2031
- Vibrant Pearl District is Home to Many Notable Retailers, Employers, and Residential Apartments and Condos
Listing Contacts
Listed by Capacity Commercial Group
Valuation Calculator
Login or Sign up to see Valuation Metrics
Sign up for Crexi to see valuation metrics for this property
Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$--
$--
Valuation Metrics
0
DSCR
--
Cap Rate
--
ROI
Map
Zoning
EX MixedMixed UseCentral Employment
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
Upgrade to search and view land use codes
View all 30 uses
View all 30 uses Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
