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1631 NW Thurman St
Portland, OR 97209 Uptown Portland

Price Upon Request

Loft Creative Space For Sale  •  63,445 SF

Property Details

  • Property Type Loft Creative Space
  • Total Building Size 63,445 SF
  • Lot Size 2.01 AC
  • Building Class B
  • Year Built 1908
  • Tenancy Multiple
  • Zoning EXD, Portland
60 Transit Score
94 Walk Score

Highlights

12 Year Weighted Average Lease Term
Repositioned Brick and Beam Creative Office with $10+ Million Invested
Rare 2.6 / 1,000 SF Parking Ratio in the Urban Core
Durable cash flow with no leasing risk through 2033 at an attractive yield anchored by one of Portland’s most iconic industrial pioneers
Immediate access to the amenity base and high-end housing in the Pearl District and Slabtown
Achievable Double Digit Levered Cash-on-Cash Returns

Major Tenants

Tenant SF Occupied Lease End Date
Audacy
Weir ESCO Group

Amenities

  • Atrium
  • Controlled Access
  • Fitness Center
  • Security System
  • Signage
  • Skylights
  • Roof Terrace
  • Car Charging Station
  • Outdoor Seating
  • Air Conditioning
  • Balcony

Public Transportation

Commuter RailDriveWalkDistance
Beaverton Transit Center (West Side Express) (Westside Express Service - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 14 min - 8.7 mi
Transit/SubwayDriveWalkDistance
NW 18th & Northrup (Portland Streetcar - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 2 min 7 min 0.4 mi
NW 14th & Northrup (Portland Streetcar - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 4 min 9 min 0.5 mi
NW 18th & Lovejoy (Portland Streetcar - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 3 min 10 min 0.5 mi
NW 12th & Northrup (Portland Streetcar - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 3 min 11 min 0.6 mi
NW 13th & Lovejoy (Portland Streetcar - Tri-County Metropolitan Transportation District of Oregon Rail (TriMet Rail)) 4 min 12 min 0.6 mi
AirportDriveWalkDistance
Portland International 21 min - 13.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 162
Type: Surface
Included in Rent: Yes