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1022 NW 11th Avenue

Portland, Oregon

Compact light-assembly

Concept

Current Decision

Hold before LOI

Version 2

Current after confirmed information

Deal

Occupancy facts on file — not a legal lease opinion.

Current deal

Current gap not quantifiable

Known conversion exposureStill unpriced / not established
TI offeredUNKNOWN
CoverageCoverage not confirmed

Offer and conversion assumptions are fixed in this public walkthrough.

As offered

Base rent$14,500
CAM / occupancy fees$1,850
TI offeredUNKNOWN
Free rentUNKNOWN
Deliveryvanilla shell
Term60 months

Free rent is opening cash relief. It is not TI and is not netted against conversion exposure.

What this format currently requires

No material conversion requirements are currently on the known screen.

This is the current known screen — not a full buildout budget or completed design.

Occupancy on the table

Base rent$14,500Listing ask
CAM / service charge$1,850Listing ask
Known monthly occupancy burden$16,350Calculated from rent plus known occupancy add-ons

This occupancy reading includes rent plus known recurring add-ons. It is not a sales forecast.

Opening cash

Deposit$29,000
Prepaid rent1 month
Rent-free periodUNKNOWN
Landlord contribution / TIUNKNOWN

Rent-free is opening-cash relief. It is not averaged into monthly Required Reality. Known TI reduces known tenant-funded occupancy or capital cash. It does not change the monthly occupancy hurdle.

Term and delivery

Term60 months
Delivery conditionvanilla shell

Recorded term length is not a legal reading of options, breaks, or continuity.

Deal-specific risks

Rent / occupancy source

LISTING ASK

Written occupancy terms

Written commercial terms for this unit are not on file.

Deposit / upfront exposure

Known upfront occupancy cash $45,350.