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Pearl District Retail Restaurant Space
For Lease
$30 SF/Yr

1430 NW Hoyt St, Portland, OR 97209

First-generation retail, restaurant, and service spaces in new mixed-use building.

Space Size1,083 SF - 6,609 SF
Property Size275,000 SF
Days on Market203

Property Features for 1430 NW Hoyt St

General Information

Standard status Active
Size 1,083 SF - 6,609 SF
Property subtype Retail
Lease Term NNN

Building Details

Building Size 275,000 SF
Year Built 2020

Spaces For Lease

at 1430 NW Hoyt St Contact us

Retail 1 (Firehouse) $30/SF/Yr

Size
6,609 SF
Type
Street Retail
Term
Negotiable
Contact us

Retail 2 $33/SF/Yr

Size
2,222 SF
Type
Street Retail
Term
Negotiable
Contact us

Retail 3 $33/SF/Yr

Size
2,030 SF
Type
Street Retail
Term
Negotiable
Contact us

Retail 4 $33/SF/Yr

Size
1,083 SF
Type
Street Retail
Term
Negotiable
Contact us

Retail 5 $33/SF/Yr

Size
1,122 SF
Type
Street Retail
Term
Negotiable
Contact us

Retail 6 $33/SF/Yr

Size
2,070 SF
Type
Street Retail
Term
Negotiable
Contact us
Listing Agency:
Listed By: Michelle D. Rozakis · License #OR #200512190
Source: Corfac
Added: Jan 26 Changed: Aug 8 Last Checked: Aug 16 at 4:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Michelle D. Rozakis

Investment Insights

Based on property information with market context.

Located in the heart of the Pearl District, this first-generation retail, restaurant, and service space is situated in a new mixed-use building. The available spaces range from 1,083 to 6,609 square feet. Options include a 6,609-square-foot raw shell space offered at $30 per square foot, a 2,222-square-foot raw shell space at $33 per square foot, and spaces of 2,030, 1,083, 1,122, and 2,070 square feet, all available as vanilla shells at $33 per square foot. The location offers convenient access to upscale shopping, dining, nightlife, and cultural attractions. A Trimet bus stop is less than one block away, and I-405 on/off ramps are immediately adjacent. The property is suitable for retail, restaurant, service, taphouse/wine bar, cafe, salon, medical, office, or small fitness businesses. The Akoya project is a 275,000 square foot mixed-use development with 295 apartment units. The property features frontage on NW 14th Ave, NW 15th Ave, NW Glisan St and NW Hoyt St. Suites are delivered as raw shells, with tenant improvement dollars available for qualified tenants. Large windows provide frontage along the sidewalk.

Key Highlights

  • Prime Pearl District location with high foot traffic and proximity to upscale amenities.
  • New, 1st‑generation retail/restaurant/service space in a mixed‑use building.
  • Part of Akoya, a 275,000 SF mixed‑use project with 295 apartment units, providing built‑in customer base.**

Property Analytics

Current Use

Akoya Apartments Apartment Complex Jesse Gantt - Redfin ... Real Estate Agency

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Daycare Center Tanning Salon Nursing Home Butcher Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$4.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

10,690
Businesses Nearby

Demographics for 97209, OR

22,755
Population
16,437
Households
1.4
Avg Household Size
38
Median Age
66%
College-Educated
96%
High-School Grad
1.0 sq mi
ZIP Area
22,755
Density / Sq Mi
$84,059
Median Household Income
$68,731
Median Earnings
$1,669
Median Rent
$573,700
Median Home Value

Market

Lease Benchmarks for Portland, OR

$23.65 /SF/Yr
Avg Asking Price
$12–$38 /SF/Yr
Price Range
21,687 SF
Avg Space Size

This space is priced 27% above the average of $23.65 /SF/Yr.

Vacancy Rate% for Office in Portland, OR

10.1% 2019
12.3% 2020
16.1% 2021
18.5% 2022
20.8% 2023
21.7% 2024
24.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - First-generation retail, restaurant, and service spaces in new mixed-use building.
Where is this retail space located?
The property is located at 1430 NW Hoyt St Portland, OR.
What is the lease rate?
The lease rate is $30 SF/Yr.
What are key features of this property?
This property features: Prime Pearl District location with high foot traffic and proximity to upscale amenities.; New, 1st‑generation retail/restaurant/service space in a mixed‑use building.; Part of Akoya, a 275,000 SF mixed‑use project with 295 apartment units, providing built‑in customer base.**
More about this property
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