10th hoyt - loopnet · sawyer’s row 40 units opened 2014 2240 nw pettygrove 5-story construction...

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The information herein has been obtained from sources we deem reliable. We do not, however, guarantee its accuracy. All information should be verified prior to purchase/leasing. View the Real Estate Agency Pamphlet by visiting our website, www.cra-nw.com/real-estate-agency-pamphlet/. CRA PRINTS WITH 30% POST-CONSUMER, RECYCLED-CONTENT MATERIAL FOR LEASE IN PORTLAND’S PEARL DISTRICT C RA CONTACT: ROB KIMMELMAN » [email protected] » 503.274.0211 COMMERCIAL REALTY ADVISORS NW LLC » 733 SW SECOND AVENUE, SUITE 200 » PORTLAND, OREGON 97204 » WWW.CRA-NW.COM » LICENSED BROKERS IN OREGON & WASHINGTON Location 906 NW Irving St in Portland, Oregon Call for details Rental Rate Comments Expansive windows with abundant natural light and high ceilings. Prime ground floor retail opportunity below 178 apartment units in Portland’s Pearl district with access to the Portland Streetcar line. Area tenants include Rite Aid, 24 Hour Fitness, Barista, Sinju Sushi, Bellino Trattoria Siciliana, Burrito Bar, Pho Van Fresh, Pizza Schmizza, Starbucks, and more. Available summer 2017 Demographics 1 Mile 3 Mile 5 Mile Est. Population 40,132 181,114 416,880 Population Forecast 2022 43,443 195,778 449,356 Average HH Income $75,131 $92,411 $91,460 Employees 114,511 270,373 363,823 Source: Regis - SitesUSA (2017) 1,544 SF (currently occupied by Mada Beauty salon) Available Space 10 TH @ HOYT

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Page 1: 10TH HOYT - LoopNet · sawyer’s row 40 units opened 2014 2240 nw pettygrove 5-story construction 2330 nw raleigh 40 units proposed 2301 nw savier 36 units proposed centennial mills

The information herein has been obtained from sources we deem reliable. We do not, however, guarantee its accuracy. All information should be verified prior to purchase/leasing. View the Real Estate Agency Pamphlet by visiting our website, www.cra-nw.com/real-estate-agency-pamphlet/. CRA PRINTS WITH 30% POST-CONSUMER, RECYCLED-CONTENT MATERIAL

FOR LEASE IN PORTLAND’S PEARL DISTRICT

CRA

C O N T A C T : R O B K I M M E L M A N » R O B @ C R A - N W . C O M » 5 0 3 . 2 7 4 . 0 2 1 1 COMMERCIAL REALTY ADVISORS NW LLC » 733 SW SECOND AVENUE, SUITE 200 » PORTLAND, OREGON 97204 » WWW.CRA-NW.COM » LICENSED BROKERS IN OREGON & WASHINGTON

Location 906 NW Irving St in Portland, Oregon

Call for detailsRental Rate

Comments • Expansive windows with abundant natural light and high ceilings.

• Prime ground floor retail opportunity below 178 apartment units in Portland’s Pearl district with access to the Portland Streetcar line.

• Area tenants include Rite Aid, 24 Hour Fitness, Barista, Sinju Sushi, Bellino Trattoria Siciliana, Burrito Bar, Pho Van Fresh, Pizza Schmizza, Starbucks, and more.

• Available summer 2017

Demographics 1 Mile 3 Mile 5 Mile

Est. Population 40,132 181,114 416,880Population Forecast 2022 43,443 195,778 449,356Average HH Income $75,131 $92,411 $91,460Employees 114,511 270,373 363,823Source: Regis - SitesUSA (2017)

1,544 SF (currently occupied by Mada Beauty salon)Available Space

10TH @ HOYT

Page 2: 10TH HOYT - LoopNet · sawyer’s row 40 units opened 2014 2240 nw pettygrove 5-story construction 2330 nw raleigh 40 units proposed 2301 nw savier 36 units proposed centennial mills

0 0.5

MILES

1n

MAX & STREETCAR DAILY RIDERSHIP COUNTS

TRIMET MAX LIGHT RAIL LINES (‘08)

Red/Airport 37,580

Blue/East-West 105,590

Yellow/Interstate 15,640

Green/I-205 LRT 46,310

PORTLAND STREETCAR (JAN ‘16)Weekday Average 15,021Weekend Average 19,136

Sources: Portland Business Alliance, Trimet.org, PortlandStreetcar.org

THE PARKER177 UNITS

OPENED 2014

COUCH 9145 UNITS

CONSTRUCTION

HAMPTON PEARL

232 ROOMS CONSTRUCTION

THE DIANE102 UNITS PROPOSED

SOCIETY HOTEL39 ROOMS

OPENED 2015

MASON ERHMAN ANNEXPROPOSEDOVERLAND

WAREHOUSE COCONSTRUCTION

BLOCK 33HOTEL

PROPOSED

WHIDDEN & LEWIS PROPOSED

COUNTY HEALTH DEPT HQ

PROPOSED

OLD FIRE STATION

PROPOSED

1440 HOYTCREATIVE OFFICE

& RETAILPROPOSED

1638 NW OVERTON

CREATIVE OFFICECONSTRUCTION

1430 NW GLISAN273 UNITSPROPOSED

BOUTIQUE HOTEL70 ROOMSPROPOSED

YOUTH HOSTEL

5-STORY CONSTRUCTION

FRAMEWORK PEARL

12-STORY MIXED-USEPROPOSED

PEARL WEST9-STORY OFFICE CONSTRUCTION

CANOPY BY HILTON153 ROOMS PROPOSED

BLOCK 136208 UNITS+OFFICE

CONSTRUCTION

MODERA PEARL290 UNITS

CONSTRUCTION

BLOCK 8L58 UNITS +OFFICE

CONSTRUCTION

BLOCK 26PROPOSED

RIVERSCAPE LOT 1149 UNITS

CONSTRUCTION

FRED MEYEREXPANSIONCOMPLETED 2015

OVERTON APTS

284 UNITSCONSTRUCTION

COSMOPOLITAN ON THE PARK

168 CONDOSCONSTRUCTION

THE CORDELIA134 UNITS

OPENED 2014

ARTHOUSE50 UNITS

OPENED 2014

SAWYER’S ROW40 UNITS

OPENED 2014

2240 NW PETTYGROVE5-STORY

CONSTRUCTION

2330 NW RALEIGH40 UNITS

PROPOSED

2301 NW SAVIER36 UNITS

PROPOSED

CENTENNIAL MILLS REDEVELOPMENT

PROPOSED

CON-WAY MIXED-USE REDEVELOPMENT PHASE 1 UNDER CONSTRUCTION

PHASE 2 PROPOSED

Q21160 UNITS

CONSTRUCTION

SLABTOWN MARKET-PLACE & LL HAWKINS

110 UNITSOPENED 2015

BLOCK 294370 UNITSPROPOSED

BLOCK 2906-STORY

PROPOSED

CONWAY LELAND JAMES CENTER

4-FLOOR RENOPROPOSED

FOOTPRINT THURMAN

54 UNITSOPENED 2015

THE MUSE58 UNITS

CONSTRUCTION

NW21ST & IRVING57 UNITS

PROPOSED

21 ASTOR27 UNITS

PROPOSED

TESS O’BRIEN 126 UNITS

CONSTRUCTION

1024 NW 19TH21 UNITS

PROPOSED

NORTH 1821 UNITS

PROPOSED

1502 NW 19TH90 UNITS

PROPOSED

1732 NW QUIMBY115 UNITSPROPOSED

1015 NW 16TH153 UNITSPROPOSED

905 NW 17TH140-190 UNITS

PROPOSED

829 NW 19TH50 UNITS

PROPOSED

1740 NW FLANDERS33 UNITS

OPENED 2015

THE MATADOR

PROPOSED

233 NW 16THMIXED-USEPROPOSED1715 NW COUCH

MULTI-FAMILYPROPOSED

RESTORATION HARDWARE 3-STORY RETAIL

PROPOSED

2161 SW YAMHILL

30 UNITSPROPOSED

BLOCK 17281 UNITS

OPENED 2016

FIELD OFFICE5-6-STORY OFFICE

PROPOSED

WATERLINE APARTMENTS244 UNITS

OPENED 2015

ERICKSON SALOON & FRITZ HOTEL

OPENED 2015

HARLOW HOTELCONSTRUCTION

GROVE HOTELPROPOSED

815 NW 13TH

PROPOSED

STATION PLACE LOT 5

9-STORY OFFICEPROPOSED

RESIDENCE INN 223 ROOMS

OPENED 2014

1400 NW RALEIGH

145 UNITSPROPOSED

THE ABIGAIL155 UNITS

CONSTRUCTION

BALLOU & WRIGHTPROPOSED

PDC FUTURE DEVELOPMENT

PROPOSED

2010 NW PETTYGROVE

49 UNITSCONSTRUCTION

THE JANEY II80 UNITS

OPENED 2015

THE FIELDS PARK

OPENED 2013

EXTREME TRAINING

UNION STATION

LEGACY GOOD SAMARITAN HOSPITAL

CITY MARKET NW

FIRESIDE RESTAURANT

JOE’S CELLAR

ETHER

THE MEADOW MARCHE

FLAGSHIP UNDER

CONSTRUCTION

THE FIELDS PARK

BARTINI

CINEMA 21

SERRATTO SWAGATCAFE MINGO

MABEL & ZORA

VIA DELIZIA

THE PARISH

little big burger

MUSEUM OF CONTEMPORARY

CRAFT GROUND KONTROL

ANN SACKS

CRA

NORTHWEST PORTLAND

PEARL DISTRICT

NORTHWESTPORTLAND

OLD TOWN

SITE

Page 3: 10TH HOYT - LoopNet · sawyer’s row 40 units opened 2014 2240 nw pettygrove 5-story construction 2330 nw raleigh 40 units proposed 2301 nw savier 36 units proposed centennial mills

AVAILABLE1,544 Sf

SITE PLAN │10TH @ HOYT

CRA

NW 10

TH A

VE

NW HOYT ST

NW IRVING ST

NW 9

TH A

VE

COURTYARD

LOBBY

n

Page 4: 10TH HOYT - LoopNet · sawyer’s row 40 units opened 2014 2240 nw pettygrove 5-story construction 2330 nw raleigh 40 units proposed 2301 nw savier 36 units proposed centennial mills

CRA

EXTERIOR PHOTOS│10TH @ HOYT

Page 5: 10TH HOYT - LoopNet · sawyer’s row 40 units opened 2014 2240 nw pettygrove 5-story construction 2330 nw raleigh 40 units proposed 2301 nw savier 36 units proposed centennial mills

PORTLAND, OREGON

CRA

Page 6: 10TH HOYT - LoopNet · sawyer’s row 40 units opened 2014 2240 nw pettygrove 5-story construction 2330 nw raleigh 40 units proposed 2301 nw savier 36 units proposed centennial mills

Demographic Source: Applied Geographic Solutions 04/2017, TIGER Geography page 1 of 3©2017, Sites USA, Chandler, Arizona, 480-491-1112

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FULL PROFILE2000-2010 Census, 2017 Estimates with 2022 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 45.5279/-122.6805RF1

906 NW Irving St1 mi radius 3 mi radius 5 mi radius

Portland, OR 97209-3257

PO

PU

LATI

ON

2017 Estimated Population 40,132 181,114 416,8802022 Projected Population 43,443 195,778 449,3562010 Census Population 32,192 154,447 374,3272000 Census Population 23,225 138,068 346,514Projected Annual Growth 2017 to 2022 1.6% 1.6% 1.6%Historical Annual Growth 2000 to 2017 4.3% 1.8% 1.2%

HO

US

EH

OLD

S 2017 Estimated Households 26,161 92,463 191,8462022 Projected Households 28,029 98,840 204,9072010 Census Households 20,868 78,063 171,7892000 Census Households 15,074 68,462 155,702Projected Annual Growth 2017 to 2022 1.4% 1.4% 1.4%Historical Annual Growth 2000 to 2017 4.3% 2.1% 1.4%

AG

E

2017 Est. Population Under 10 Years 4.8% 8.9% 10.1%2017 Est. Population 10 to 19 Years 4.1% 7.0% 8.3%2017 Est. Population 20 to 29 Years 23.4% 18.8% 15.7%2017 Est. Population 30 to 44 Years 30.4% 29.7% 28.4%2017 Est. Population 45 to 59 Years 18.8% 18.1% 18.8%2017 Est. Population 60 to 74 Years 14.6% 13.6% 14.0%2017 Est. Population 75 Years or Over 4.0% 4.0% 4.7%2017 Est. Median Age 37.1 36.7 37.4

MA

RIT

AL

STA

TUS

&

GE

ND

ER

2017 Est. Male Population 54.8% 50.8% 49.6%2017 Est. Female Population 45.2% 49.2% 50.4%

2017 Est. Never Married 54.9% 49.1% 43.2%2017 Est. Now Married 21.9% 32.3% 37.5%2017 Est. Separated or Divorced 19.5% 15.5% 15.7%2017 Est. Widowed 3.7% 3.1% 3.6%

INC

OM

E

2017 Est. HH Income $200,000 or More 9.2% 12.1% 10.8%2017 Est. HH Income $150,000 to $199,999 4.5% 7.2% 7.3%2017 Est. HH Income $100,000 to $149,999 11.9% 14.4% 15.8%2017 Est. HH Income $75,000 to $99,999 10.9% 12.0% 12.7%2017 Est. HH Income $50,000 to $74,999 12.4% 14.0% 15.6%2017 Est. HH Income $35,000 to $49,999 10.6% 10.5% 11.0%2017 Est. HH Income $25,000 to $34,999 9.1% 8.3% 8.1%2017 Est. HH Income $15,000 to $24,999 9.5% 8.1% 7.5%2017 Est. HH Income Under $15,000 21.7% 13.5% 11.2%2017 Est. Average Household Income $75,131 $92,411 $91,4602017 Est. Median Household Income $53,538 $73,968 $75,3852017 Est. Per Capita Income $50,066 $47,611 $42,417

2017 Est. Total Businesses 9,363 22,246 32,8202017 Est. Total Employees 114,511 270,373 363,823

Page 7: 10TH HOYT - LoopNet · sawyer’s row 40 units opened 2014 2240 nw pettygrove 5-story construction 2330 nw raleigh 40 units proposed 2301 nw savier 36 units proposed centennial mills

Demographic Source: Applied Geographic Solutions 04/2017, TIGER Geography page 2 of 3©2017, Sites USA, Chandler, Arizona, 480-491-1112

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FULL PROFILE2000-2010 Census, 2017 Estimates with 2022 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 45.5279/-122.6805RF1

906 NW Irving St1 mi radius 3 mi radius 5 mi radius

Portland, OR 97209-3257

RA

CE

2017 Est. White 80.6% 80.2% 79.1%2017 Est. Black 5.3% 6.7% 6.3%2017 Est. Asian or Pacific Islander 6.2% 5.2% 6.0%2017 Est. American Indian or Alaska Native 1.0% 0.8% 0.8%2017 Est. Other Races 6.9% 7.1% 7.7%

HIS

PA

NIC 2017 Est. Hispanic Population 2,697 13,025 32,177

2017 Est. Hispanic Population 6.7% 7.2% 7.7%2022 Proj. Hispanic Population 7.4% 8.0% 8.6%2010 Hispanic Population 5.8% 5.6% 6.8%

ED

UC

ATI

ON

(Adu

lts 2

5 or

Old

er)

2017 Est. Adult Population (25 Years or Over) 32,934 139,591 313,8892017 Est. Elementary (Grade Level 0 to 8) 1.0% 1.2% 1.8%2017 Est. Some High School (Grade Level 9 to 11) 3.2% 2.4% 2.9%2017 Est. High School Graduate 8.8% 9.0% 11.3%2017 Est. Some College 20.1% 18.2% 19.4%2017 Est. Associate Degree Only 5.6% 5.9% 6.5%2017 Est. Bachelor Degree Only 35.8% 36.3% 33.9%2017 Est. Graduate Degree 25.5% 27.0% 24.3%

HO

US

ING 2017 Est. Total Housing Units 27,658 96,254 198,352

2017 Est. Owner-Occupied 15.4% 35.2% 47.2%2017 Est. Renter-Occupied 79.2% 60.9% 49.6%2017 Est. Vacant Housing 5.4% 3.9% 3.3%

HO

ME

S B

UIL

T B

Y Y

EA

R 2010 Homes Built 2005 or later 0.3% 0.8% 0.6%2010 Homes Built 2000 to 2004 23.8% 13.5% 10.7%2010 Homes Built 1990 to 1999 13.8% 9.4% 8.9%2010 Homes Built 1980 to 1989 8.7% 6.4% 6.3%2010 Homes Built 1970 to 1979 8.6% 9.6% 11.2%2010 Homes Built 1960 to 1969 9.4% 8.9% 10.0%2010 Homes Built 1950 to 1959 8.1% 8.5% 11.7%2010 Homes Built Before 1949 46.3% 56.3% 49.4%

HO

ME

VA

LUE

S

2010 Home Value $1,000,000 or More 3.5% 3.4% 2.0%2010 Home Value $500,000 to $999,999 35.1% 38.3% 27.5%2010 Home Value $400,000 to $499,999 16.8% 19.8% 18.9%2010 Home Value $300,000 to $399,999 23.7% 21.8% 25.7%2010 Home Value $200,000 to $299,999 19.7% 16.0% 22.9%2010 Home Value $150,000 to $199,999 5.5% 2.8% 4.1%2010 Home Value $100,000 to $149,999 1.8% 1.2% 1.7%2010 Home Value $50,000 to $99,999 0.4% 0.4% 0.5%2010 Home Value $25,000 to $49,999 0.1% 0.3% 0.4%2010 Home Value Under $25,000 1.0% 0.8% 1.2%2010 Median Home Value $442,418 $479,363 $412,4522010 Median Rent $986 $1,007 $988

Page 8: 10TH HOYT - LoopNet · sawyer’s row 40 units opened 2014 2240 nw pettygrove 5-story construction 2330 nw raleigh 40 units proposed 2301 nw savier 36 units proposed centennial mills

Demographic Source: Applied Geographic Solutions 04/2017, TIGER Geography page 3 of 3©2017, Sites USA, Chandler, Arizona, 480-491-1112

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FULL PROFILE2000-2010 Census, 2017 Estimates with 2022 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 45.5279/-122.6805RF1

906 NW Irving St1 mi radius 3 mi radius 5 mi radius

Portland, OR 97209-3257

LAB

OR

FO

RC

E

2017 Est. Labor Population Age 16 Years or Over 37,403 157,957 354,9582017 Est. Civilian Employed 63.9% 69.3% 68.5%2017 Est. Civilian Unemployed 3.7% 2.8% 2.9%2017 Est. in Armed Forces - - - 2017 Est. not in Labor Force 32.4% 27.9% 28.6%2017 Labor Force Males 55.1% 50.8% 49.4%2017 Labor Force Females 44.9% 49.2% 50.6%

OC

CU

PA

TIO

N

2010 Occupation: Population Age 16 Years or Over 23,457 108,994 243,1082010 Mgmt, Business, & Financial Operations 23.8% 21.6% 20.6%2010 Professional, Related 33.8% 35.7% 34.0%2010 Service 15.0% 15.6% 15.7%2010 Sales, Office 20.9% 18.4% 19.2%2010 Farming, Fishing, Forestry 0.5% 0.5% 0.5%2010 Construction, Extraction, Maintenance 1.6% 2.5% 3.2%2010 Production, Transport, Material Moving 4.5% 5.7% 6.8%2010 White Collar Workers 78.5% 75.8% 73.9%2010 Blue Collar Workers 21.5% 24.2% 26.1%

TRA

NS

PO

RTA

TIO

NTO

WO

RK

2010 Drive to Work Alone 47.3% 51.2% 55.8%2010 Drive to Work in Carpool 4.9% 6.3% 7.4%2010 Travel to Work by Public Transportation 16.1% 14.6% 13.5%2010 Drive to Work on Motorcycle 0.3% 0.5% 0.5%2010 Walk or Bicycle to Work 21.8% 18.4% 14.2%2010 Other Means 1.1% 0.7% 0.7%2010 Work at Home 8.5% 8.3% 7.9%

TRA

VE

L TI

ME 2010 Travel to Work in 14 Minutes or Less 29.0% 27.2% 23.0%

2010 Travel to Work in 15 to 29 Minutes 39.9% 45.2% 45.1%2010 Travel to Work in 30 to 59 Minutes 26.7% 27.1% 30.2%2010 Travel to Work in 60 Minutes or More 7.1% 6.1% 6.5%2010 Average Travel Time to Work 21.0 21.2 22.5

CO

NS

UM

ER

EX

PE

ND

ITU

RE

2017 Est. Total Household Expenditure $1.50 B $6.10 B $12.6 B2017 Est. Apparel $52.4 M $215 M $443 M2017 Est. Contributions, Gifts $107 M $462 M $939 M2017 Est. Education, Reading $65.0 M $270 M $545 M2017 Est. Entertainment $82.9 M $343 M $709 M2017 Est. Food, Beverages, Tobacco $227 M $907 M $1.88 B2017 Est. Furnishings, Equipment $51.3 M $214 M $443 M2017 Est. Health Care, Insurance $131 M $521 M $1.08 B2017 Est. Household Operations, Shelter, Utilities $468 M $1.89 B $3.91 B2017 Est. Miscellaneous Expenses $22.4 M $88.8 M $183 M2017 Est. Personal Care $19.5 M $79.0 M $163 M2017 Est. Transportation $269 M $1.10 B $2.31 B