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First-Gen Retail Restaurant Space
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1430 NW Hoyt St, Portland, OR 97209

First-generation storefront suites with large sidewalk-facing windows in a new mixed-use building with apartment units.

Property Size1,083 SF
Days on Market1288

Property Features for 1430 NW Hoyt St

General Information

Standard status Active
Size 1,083 SF
Property subtype RETAIL
Lease Type SF/yr

Building Details

Year Built 2020
Listing Agency: Capacity Commercial Group
Listed By: Michelle Rozakis · License #200512190
Source: Moodyscre
Added: Jan 20, 2023 Changed: Jul 27 Last Checked: Jul 30 at 7:33AM

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 Capacity Commercial Group

Investment Insights

Based on property information with market context.

First-generation retail, restaurant, and service space is available in a new Pearl District mixed-use building. The ground-floor suites feature large windows along the sidewalk and are delivered as raw shell, with tenant improvement funds available for qualified tenants.

The property has frontage on NW 14th Ave, NW 15th Ave, NW Glisan St, and NW Hoyt St, with the specific frontage varying by suite per the plan. The building, Modera Akoya, includes 291 apartment units delivered in July 2020.

Suites are offered in a raw shell condition, providing flexibility for an approved tenant buildout consistent with the provided tenant improvement program.

Key Highlights

  • First‑generation retail/restaurant/service storefront space in the Modera Akoya new mixed‑use building with 291 apartment units
  • Delivered July 2020—suite space provided as raw shell with tenant improvement dollars available for qualified tenants
  • Large sidewalk‑facing windows for the retail spaces

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
$4.95 /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

$25.51 /SF/Yr
Avg Asking Price
$10–$48 /SF/Yr
Price Range
116,503 SF
Avg Space Size

This space is priced 29% above the average of $25.51 /SF/Yr.

Vacancy Rate% for Retail in Portland, OR

4.6% 2019
5.6% 2020
5.2% 2021
4.2% 2022
4.4% 2023
4.7% 2024
5.4% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Retail space - First-generation storefront suites with large sidewalk-facing windows in a new mixed-use building with apartment units.
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 $33 SF/Yr.
What are key features of this property?
This property features: First‑generation retail/restaurant/service storefront space in the Modera Akoya new mixed‑use building with 291 apartment units; Delivered July 2020—suite space provided as raw shell with tenant improvement dollars available for qualified tenants; Large sidewalk‑facing windows for the retail spaces
(503) 222-0755 Call to check price and availability
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