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Retail or Creative Office Space
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1321 NW Hoyt St, Portland, OR 97209

13,000 SF space with high ceilings and natural light.

Space Size13,000 SF
Property Size24,000 SF
Days on Market1635

Property Features for 1321 NW Hoyt St

General Information

Standard status Active
Size 13,000 SF
Property subtype Retail, Office
Lease Type NNN

Building Details

Building Size 24,000 SF
Year Built 1946
Tenancy Multiple

Spaces For Lease

at 1321 NW Hoyt St Contact us

600 NW 14th

Size
13,000 SF
Type
Office, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Commercial Integrity NW
Listed By: Brad Macomber · License #OR#200908061
Source: Crexi
Added: Mar 2, 2022 Changed: Aug 17 Last Checked: Aug 22 at 6:26AM

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 Commercial Integrity NW

Investment Insights

Based on property information with market context.

This property offers 13,000 square feet of retail or creative office space. The space features high-exposed ceilings and abundant natural light. It provides street-level access in a pedestrian-friendly area of the city. The location benefits from a high walk score of 99 and a bike score of 99.

Key Highlights

  • 13,000 SF of retail or creative office space
  • Enjoy a high walk score (99) and bike score (99)
  • Street‑level access

Property Analytics

Current Use

Christopher A Slater Attorney ... Law Firm Jim McCartan - Cascade ... Real Estate Agency Teresa Arthur Homes Real Estate Agency Jesse Knight at Cascade ... Real Estate Agency Jason Mendell - Portland's ... Real Estate Agency

Suggested Use

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

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
$3.60 /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

$23.6 /SF/Yr
Avg Asking Price
$12–$38 /SF/Yr
Price Range
24,336 SF
Avg Space Size

This space is priced 2% above the average of $23.6 /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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - 13,000 SF space with high ceilings and natural light.
Where is this retail space located?
The property is located at 1321 NW Hoyt St Portland, OR.
What is the lease rate?
The lease rate is $24 SF/Yr.
What are key features of this property?
This property features: 13,000 SF of retail or creative office space; Enjoy a high walk score (99) and bike score (99); Street‑level access
(503) 218-4380 Call to check price and availability
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