COMMERCIAL CONDO SALE ORLEASE5233 NE M L King Jr Blvd, Portland, OR 97211

Chris Guinn IIIDRCOMM5265 NE ML King Blvd,Suite 101, Portland, OR 97211cgiii65@gmail.com(503) 208-3797

Price: $550,000

Unit Size: 1,762 SF

Property Type: Retail

Property Sub-type: Retail Condo

Property Use Type: Vacant/Owner-User

Occupancy: 0%

VANPORT SQUARE COURTYARD

Vanport Square$550,000

CLASS A RETAIL COMMERCIAL CONDO UNIT WITHUPPER LOFT SPACE (684 SF). CURRENTLY IN USEBY OWNER. PLEASE REVIEW HOA/ BYLAWS INFOREGARDING CONFLICT BUSINESSES NOTALLOWED BY ASSOCIATION.TENANT & GUESTPARKING. VANPORT SQUARE BUILDING.EXCELLENT BUSINESS OPP! BUYER TO VERIFYSQUARE FOOTAGE. SELLER IS SELLING SPACE,NOT CONTENTS OR BUSINESS. FOR LEASE ASWELL @ $20.00 PSF NNN

For more information visit:http://www.crelisting.net/Le03rDc5w/?StepID=107

1

5233 NE M L King Jr Blvd, Portland, OR 97211

VANPORT SQUARE NE MLK JR BLVD CORRIDOR IS HOME TO MULTIPLEBUSINESSES INCLUDING RESTAURANTS, COFFEE SHOP, REAL ESTATE AND CREDITUNION OFFICES. NESTLED BETWEEN KILLINGSWORTH AND ALBERTA STREETS.NEW DEVELOPMENT ONE BLOCK SOUTH FUTURE HOME OF NATURAL GROCERSSTORE AND 10,000 SF OF NEW RETAIL SPACE. THIS AREA IS GETTING HOTTEREACH DAY!

Unit 1

Price $550,000

Unit Size 1,762 SF

Price/SF $312.15

Commission Split 2.25%

Property Photos

Property Photos

Property Photos

Property Photos

Property Photos

Property Photos

Property Photos

Property Photos

Property Photos

Property Photos

Property Photos

Property Photos

Property Photos

Property Photos

Jun 16 vs. 3 mo. prior Y-O-Y

— State $133 +0.4% +4.4%

— City $251 +3.9% +35.6%

— Metro $171 -0.5% +3.2%

— County $232 +5.0% +30.3%

Jun 16 vs. 3 mo. prior Y-O-Y

— State $16.48 +0.3% +2.1%

— City $22.01 +3.6% +14.2%

— Metro $19.29 +0.2% +2.5%

— County $21.90 +2.7% +12.9%

Market Trends

Demographics

Population 1-mi. 3-mi. 5-mi.

2015 Male Population 4,029 50,329 164,883

2015 Female Population 4,340 52,394 164,896

% 2015 Male Population 48.14% 48.99% 50.00%

% 2015 Female Population 51.86% 51.01% 50.00%

2015 Total Population: Adult 6,794 83,877 275,382

2015 Total Daytime Population 7,320 108,081 520,742

2015 Total Employees 2,843 56,945 350,384

2015 Total Population: Median Age 36 37 37

2015 Total Population: Adult Median Age 40 42 42

2015 Total population: Under 5 years 549 6,480 17,997

2015 Total population: 5 to 9 years 418 5,555 15,996

2015 Total population: 10 to 14 years 410 4,540 13,459

2015 Total population: 15 to 19 years 351 3,993 13,557

2015 Total population: 20 to 24 years 476 5,452 23,288

2015 Total population: 25 to 29 years 757 9,674 34,688

2015 Total population: 30 to 34 years 1,082 12,030 36,362

2015 Total population: 35 to 39 years 959 10,911 30,257

2015 Total population: 40 to 44 years 677 9,247 26,697

2015 Total population: 45 to 49 years 497 6,320 20,299

2015 Total population: 50 to 54 years 424 6,085 20,355

2015 Total population: 55 to 59 years 401 6,375 20,626

2015 Total population: 60 to 64 years 430 6,130 19,465

2015 Total population: 65 to 69 years 326 4,051 14,060

2015 Total population: 70 to 74 years 210 2,338 8,666

2015 Total population: 75 to 79 years 166 1,400 5,263

2015 Total population: 80 to 84 years 103 983 3,961

2015 Total population: 85 years and over 133 1,159 4,783

% 2015 Total population: Under 5 years 6.56% 6.31% 5.46%

% 2015 Total population: 5 to 9 years 4.99% 5.41% 4.85%

% 2015 Total population: 10 to 14 years 4.90% 4.42% 4.08%

% 2015 Total population: 15 to 19 years 4.19% 3.89% 4.11%

% 2015 Total population: 20 to 24 years 5.69% 5.31% 7.06%

% 2015 Total population: 25 to 29 years 9.05% 9.42% 10.52%

% 2015 Total population: 30 to 34 years 12.93% 11.71% 11.03%

% 2015 Total population: 35 to 39 years 11.46% 10.62% 9.17%

% 2015 Total population: 40 to 44 years 8.09% 9.00% 8.10%

% 2015 Total population: 45 to 49 years 5.94% 6.15% 6.16%

% 2015 Total population: 50 to 54 years 5.07% 5.92% 6.17%

% 2015 Total population: 55 to 59 years 4.79% 6.21% 6.25%

% 2015 Total population: 60 to 64 years 5.14% 5.97% 5.90%

% 2015 Total population: 65 to 69 years 3.90% 3.94% 4.26%

% 2015 Total population: 70 to 74 years 2.51% 2.28% 2.63%

% 2015 Total population: 75 to 79 years 1.98% 1.36% 1.60%

Demographics

Population (Cont.) 1-mi. 3-mi. 5-mi.

% 2015 Total population: 80 to 84 years 1.23% 0.96% 1.20%

% 2015 Total population: 85 years and over 1.59% 1.13% 1.45%

2015 White alone 4,611 72,413 252,609

2015 Black or African American alone 2,286 14,624 25,260

2015 American Indian and Alaska Native alone 83 1,026 3,627

2015 Asian alone 159 3,706 15,172

2015 Native Hawaiian and OPI alone 81 565 2,046

2015 Some Other Race alone 543 4,503 14,185

2015 Two or More Races alone 606 5,886 16,880

2015 Hispanic 1,104 9,955 32,733

2015 Not Hispanic 7,265 92,768 297,046

% 2015 White alone 55.10% 70.49% 76.60%

% 2015 Black or African American alone 27.32% 14.24% 7.66%

% 2015 American Indian and Alaska Native alone 0.99% 1.00% 1.10%

% 2015 Asian alone 1.90% 3.61% 4.60%

% 2015 Native Hawaiian and OPI alone 0.97% 0.55% 0.62%

% 2015 Some Other Race alone 6.49% 4.38% 4.30%

% 2015 Two or More Races alone 7.24% 5.73% 5.12%

% 2015 Hispanic 13.19% 9.69% 9.93%

% 2015 Not Hispanic 86.81% 90.31% 90.07%

2015 Not Hispanic: White alone 2,900 54,785 206,352

2015 Not Hispanic: Black or African American alone 3,374 20,396 28,848

2015 Not Hispanic: American Indian and Alaska Native alone 74 873 2,888

2015 Not Hispanic: Asian alone 204 3,402 13,317

2015 Not Hispanic: Native Hawaiian and OPI alone 77 640 1,300

2015 Not Hispanic: Some Other Race alone 18 204 584

2015 Not Hispanic: Two or More Races 356 4,257 10,425

% 2015 Not Hispanic: White alone 37.32% 58.79% 72.27%

% 2015 Not Hispanic: Black or African American alone 43.42% 21.89% 10.10%

% 2015 Not Hispanic: American Indian and Alaska Native alone 0.95% 0.94% 1.01%

% 2015 Not Hispanic: Asian alone 2.63% 3.65% 4.66%

% 2015 Not Hispanic: Native Hawaiian and OPI alone 0.99% 0.69% 0.46%

% 2015 Not Hispanic: Some Other Race alone 0.23% 0.22% 0.20%

% 2015 Not Hispanic: Two or More Races 4.58% 4.57% 3.65%

Population Change 1-mi. 3-mi. 5-mi.

Total: Employees (NAICS) n/a n/a n/a

Total: Establishements (NAICS) n/a n/a n/a

2015 Total Population 8,369 102,723 329,779

2015 Households 3,287 41,884 146,080

Demographics

Population Change (Cont.) 1-mi. 3-mi. 5-mi.

Population Change 2010-2015 531 6,314 22,080

Household Change 2010-2015 174 1,967 7,095

% Population Change 2010-2015 6.77% 6.55% 7.18%

% Household Change 2010-2015 5.59% 4.93% 5.10%

Population Change 2000-2015 598 9,534 44,244

Household Change 2000-2015 378 5,107 21,213

% Population Change 2000 to 2015 7.70% 10.23% 15.50%

% Household Change 2000 to 2015 12.99% 13.89% 16.99%

Housing 1-mi. 3-mi. 5-mi.

2015 Housing Units 3,091 39,461 133,133

2015 Occupied Housing Units 2,909 36,777 124,868

2015 Owner Occupied Housing Units 1,863 24,376 61,246

2015 Renter Occupied Housing Units 1,046 12,401 63,622

2015 Vacant Housings Units 182 2,654 8,266

% 2015 Occupied Housing Units 94.11% 93.20% 93.79%

% 2015 Owner occupied housing units 64.04% 66.28% 49.05%

% 2015 Renter occupied housing units 35.96% 33.72% 50.95%

% 2000 Vacant housing units 5.89% 6.73% 6.21%

Income 1-mi. 3-mi. 5-mi.

2015 Household Income: Median $57,798 $62,783 $51,279

2015 Household Income: Average $72,414 $81,410 $73,660

2015 Per Capita Income $28,953 $33,579 $33,768

2015 Household income: Less than $10,000 203 2,979 13,133

2015 Household income: $10,000 to $14,999 135 1,987 8,730

2015 Household income: $15,000 to $19,999 192 1,959 8,034

2015 Household income: $20,000 to $24,999 114 1,366 7,512

2015 Household income: $25,000 to $29,999 163 1,936 7,284

2015 Household income: $30,000 to $34,999 176 1,860 7,441

2015 Household income: $35,000 to $39,999 168 1,733 6,957

2015 Household income: $40,000 to $44,999 111 1,591 6,278

2015 Household income: $45,000 to $49,999 160 1,737 6,349

2015 Household income: $50,000 to $59,999 284 3,045 10,326

2015 Household income: $60,000 to $74,999 349 4,035 13,185

2015 Household income: $75,000 to $99,999 472 6,001 18,190

2015 Household income: $100,000 to $124,999 323 4,343 11,795

2015 Household income: $125,000 to $149,999 165 2,631 7,086

2015 Household income: $150,000 to $199,999 195 2,728 6,682

2015 Household income: $200,000 or more 77 1,953 7,098

% 2015 Household income: Less than $10,000 6.18% 7.11% 8.99%

% 2015 Household income: $10,000 to $14,999 4.11% 4.74% 5.98%

Demographics

Income (Cont.) 1-mi. 3-mi. 5-mi.

% 2015 Household income: $15,000 to $19,999 5.84% 4.68% 5.50%

% 2015 Household income: $20,000 to $24,999 3.47% 3.26% 5.14%

% 2015 Household income: $25,000 to $29,999 4.96% 4.62% 4.99%

% 2015 Household income: $30,000 to $34,999 5.35% 4.44% 5.09%

% 2015 Household income: $35,000 to $39,999 5.11% 4.14% 4.76%

% 2015 Household income: $40,000 to $44,999 3.38% 3.80% 4.30%

% 2015 Household income: $45,000 to $49,999 4.87% 4.15% 4.35%

% 2015 Household income: $50,000 to $59,999 8.64% 7.27% 7.07%

% 2015 Household income: $60,000 to $74,999 10.62% 9.63% 9.03%

% 2015 Household income: $75,000 to $99,999 14.36% 14.33% 12.45%

% 2015 Household income: $100,000 to $124,999 9.83% 10.37% 8.07%

% 2015 Household income: $125,000 to $149,999 5.02% 6.28% 4.85%

% 2015 Household income: $150,000 to $199,999 5.93% 6.51% 4.57%

% 2015 Household income: $200,000 or more 2.34% 4.66% 4.86%

Retail Sales Volume 1-mi. 3-mi. 5-mi.

2015 Childrens/Infants clothing stores $894,133 $11,493,092 $38,856,641

2015 Jewelry stores $322,462 $4,279,230 $14,434,517

2015 Mens clothing stores $1,052,838 $13,735,330 $46,064,209

2015 Shoe stores $1,064,269 $13,827,807 $46,296,503

2015 Womens clothing stores $1,792,601 $23,381,618 $78,119,061

2015 Automobile dealers $14,015,266 $184,130,437 $610,139,301

2015 Automotive parts and accessories stores $2,737,991 $35,696,265 $118,875,019

2015 Other motor vehicle dealers $382,133 $4,961,453 $16,739,669

2015 Tire dealers $1,222,812 $15,931,569 $53,097,782

2015 Hardware stores $58,375 $775,542 $2,469,063

2015 Home centers $571,973 $7,629,705 $24,625,982

2015 Nursery and garden centers $681,568 $9,173,442 $29,881,107

2015 Outdoor power equipment stores $313,418 $4,091,268 $13,345,867

2015 Paint andwallpaper stores $67,907 $884,220 $2,836,260

2015 Appliance, television, and other electronics stores $1,888,152 $24,812,347 $81,723,149

2015 Camera andphotographic supplies stores $145,976 $1,946,312 $6,361,378

2015 Computer andsoftware stores $5,150,964 $66,703,984 $224,644,872

2015 Beer, wine, and liquor stores $892,800 $11,700,716 $39,314,671

2015 Convenience stores $3,989,849 $51,637,158 $174,725,336

2015 Restaurant Expenditures $3,688,610 $48,456,525 $161,184,288

2015 Supermarkets and other grocery (except convenience) stores $14,480,080 $187,176,895 $631,705,007

2015 Furniture stores $1,326,727 $17,456,664 $58,012,285

2015 Home furnishings stores $4,617,208 $60,459,731 $200,451,216

2015 General merchandise stores $24,155,202 $317,431,585 $1,050,358,485

2015 Gasoline stations with convenience stores $12,493,365 $161,458,807 $542,059,663

2015 Other gasoline stations $8,972,338 $115,847,356 $387,878,989

2015 Department stores (excl leased depts) $23,832,740 $313,152,355 $1,035,923,968

2015 General merchandise stores $24,155,202 $317,431,585 $1,050,358,485

2015 Other health and personal care stores $946,018 $12,422,229 $41,197,220

Demographics

Retail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi.

2015 Pharmacies and drug stores $3,758,233 $48,985,772 $163,624,972

2015 Pet and pet supplies stores $1,031,775 $13,389,757 $44,392,613

2015 Book, periodical, and music stores $157,739 $2,095,100 $6,939,782

2015 Hobby, toy, and game stores $443,626 $5,789,946 $19,314,443

2015 Musical instrument and supplies stores $45,431 $609,109 $2,003,084

2015 Sewing, needlework, and piece goods stores $83,281 $1,090,758 $3,588,512

2015 Sporting goods stores $439,514 $5,807,160 $19,050,239