hollywood crossing - loopnet€¦ · hollywood crossing site traffic counts ne halsey st – 21,601...

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C RA Commercial Realty Advisors NW LLC 733 SW Second Avenue, Suite 200 Portland, Oregon 97204 www.cra-nw.com Licensed brokers in Oregon & Washington 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/ or by clicking here. CRA PRINTS WITH 30% POST-CONSUMER, RECYCLED-CONTENT MATERIAL Former Kumon – 1,460 rentable SF, 1,303 usable SF Available Space 1615 NE 42nd Avenue in Portland, Oregon Location Rental Rate Call for rates 1 Mile 3 Mile 5 Mile Est. Population 26,083 218,182 453,588 Population Forecast 2022 28,148 234,556 488,271 Average HH Income $109,813 $83,734 $80,493 Employees 16,422 166,536 387,138 Source: Regis - SitesUSA (2017) Demographics — FOR LEASE — PORTLAND, OREGON HOLLYWOOD CROSSING SITE Traffic counts NE Halsey St – 21,601 ADT (15) | NE 42nd Ave – 5,437 ADT (15) Comments • Located in the heart of Portland’s Hollywood District. Conveniently located just off I-84, which carries over 140,000 vehicles per day. • Proximity to 24 Hour Fitness; adjacent to Trader Joe’s and near Fred Meyer (both locations are top performers within the Portland Market). • Located within two miles of the Lloyd Center Mall and across from Hollywood Station & MAX Light Rail Line. Rob Kimmelman [email protected] 503.274.0211

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Page 1: HOLLYWOOD CROSSING - LoopNet€¦ · HOLLYWOOD CROSSING SITE Traffic counts NE Halsey St – 21,601 ADT (15) | NE 42nd Ave – 5,437 ADT (15) Comments • Located in the heart of

CRACommercial Realty Advisors NW LLC733 SW Second Avenue, Suite 200

Portland, Oregon 97204www.cra-nw.com

Licensed brokers in Oregon & Washington

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/ or by clicking here. CRA PRINTS WITH 30% POST-CONSUMER, RECYCLED-CONTENT MATERIAL

Former Kumon – 1,460 rentable SF, 1,303 usable SFAvailable Space

1615 NE 42nd Avenue in Portland, OregonLocation

Rental Rate Call for rates

1 Mile 3 Mile 5 MileEst. Population 26,083 218,182 453,588Population Forecast 2022 28,148 234,556 488,271Average HH Income $109,813 $83,734 $80,493Employees 16,422 166,536 387,138Source: Regis - SitesUSA (2017)

Demographics

— F O R L E A S E —

P O R T L A N D , O R E G O N

HOLLYWOOD CROSSINGSITE

Traffic counts NE Halsey St – 21,601 ADT (15) | NE 42nd Ave – 5,437 ADT (15)

Comments • Located in the heart of Portland’s Hollywood District.• Conveniently located just off I-84, which carries over 140,000 vehicles per day.• Proximity to 24 Hour Fitness; adjacent to Trader Joe’s and near Fred Meyer (both

locations are top performers within the Portland Market).• Located within two miles of the Lloyd Center Mall and across from Hollywood Station

& MAX Light Rail Line.

Rob [email protected]

Page 2: HOLLYWOOD CROSSING - LoopNet€¦ · HOLLYWOOD CROSSING SITE Traffic counts NE Halsey St – 21,601 ADT (15) | NE 42nd Ave – 5,437 ADT (15) Comments • Located in the heart of

28,6

03 A

DT

(09)

9,99

6 A

DT

(12)

10,3

66 A

DT

(12)

36,1

54 A

DT

(12)

41,754 ADT (12)

17,132 ADT (12)

151,808 (12)

19,677 ADT (12)

19,505 ADT (12)

18,258 ADT (12)

22,204 ADT (12)

23,878 ADT (12)

22,4

87 A

DT

(10)

46,6

27 A

DT

(10)

151,300 ADT (11)

117,

100

AD

T (1

1)

21,747 ADT (12)

20,028 ADT (09)

22,578 ADT (12)17,987 ADT (12)

37,584 ADT (12)

36,021 ADT (12)17,6

98 A

DT

(12)

23,8

27 A

DT

(12)

163,974 ADT (11)

CONSTRUCTION

GRANTHIGH SCHOOL

1,610 STUDENTS

CENTRAL CATHOLICHIGH SCHOOL870 STUDENTS

BENSON POLYTECHNIC HIGH SCHOOL

1,045 STUDENTS

DA VINCIMIDDLE SCHOOL460 STUDENTS

MEMORIAL COLISEUM

MODA CENTER(ROSE GARDEN)

0 0.5

MILES

1

PORTLAND, OREGON │EASTSIDE

CRA n

SITE

Page 3: HOLLYWOOD CROSSING - LoopNet€¦ · HOLLYWOOD CROSSING SITE Traffic counts NE Halsey St – 21,601 ADT (15) | NE 42nd Ave – 5,437 ADT (15) Comments • Located in the heart of

NE HALSEY ST

NE 4

2ND

AVE

NE 4

1ST A

VE

n

COMMON AREA AVAILABLE

1,303 uSF(RENTABLE 1,460 SF)

CRA

SITE PLAN | HOLLYWOOD CROSSING

The information contained herein has been obtained from sources Commercial Realty Advisors NW LLC deems reliable. We have no reason to doubt its accuracy, but Commercial Realty Advisors NW LLC does not guarantee the information. The prospective buyer or tenant should carefully verify all information obtained herein.

Page 4: HOLLYWOOD CROSSING - LoopNet€¦ · HOLLYWOOD CROSSING SITE Traffic counts NE Halsey St – 21,601 ADT (15) | NE 42nd Ave – 5,437 ADT (15) Comments • Located in the heart of

nCRA

FLOOR PLAN | HOLLYWOOD CROSSING

COMMON AREA

RRRR

*PRELIMINARY PLAN - NOT DRAWN TO SCALE

18’

61.5’

FORMER

NE 4

2ND

AVE

The information contained herein has been obtained from sources Commercial Realty Advisors NW LLC deems reliable. We have no reason to doubt its accuracy, but Commercial Realty Advisors NW LLC does not guarantee the information. The prospective buyer or tenant should carefully verify all information obtained herein.

AVAILABLE1,303 uSF

(RENTABLE 1,460 SF)

Page 5: HOLLYWOOD CROSSING - LoopNet€¦ · HOLLYWOOD CROSSING SITE Traffic counts NE Halsey St – 21,601 ADT (15) | NE 42nd Ave – 5,437 ADT (15) Comments • Located in the heart of

CRA

PORTLAND, OREGON

Page 6: HOLLYWOOD CROSSING - LoopNet€¦ · HOLLYWOOD CROSSING SITE Traffic counts NE Halsey St – 21,601 ADT (15) | NE 42nd Ave – 5,437 ADT (15) Comments • Located in the heart of

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: 45.5347/-122.6208RF1

1615 NE 42nd Ave1 mi radius 3 mi radius 5 mi radius

Portland, OR 97213-1524

PO

PU

LATI

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2017 Estimated Population 26,083 218,182 453,5882022 Projected Population 28,148 234,556 488,2712010 Census Population 23,924 196,752 407,6442000 Census Population 23,018 188,977 376,291Projected Annual Growth 2017 to 2022 1.6% 1.5% 1.5%Historical Annual Growth 2000 to 2017 0.8% 0.9% 1.2%

HO

US

EH

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S 2017 Estimated Households 11,318 97,437 201,5392022 Projected Households 12,035 103,806 215,2622010 Census Households 10,394 87,818 180,6102000 Census Households 10,199 81,047 163,706Projected Annual Growth 2017 to 2022 1.3% 1.3% 1.4%Historical Annual Growth 2000 to 2017 0.6% 1.2% 1.4%

AG

E

2017 Est. Population Under 10 Years 12.6% 10.7% 10.5%2017 Est. Population 10 to 19 Years 9.1% 8.1% 8.7%2017 Est. Population 20 to 29 Years 9.6% 15.1% 15.5%2017 Est. Population 30 to 44 Years 26.8% 30.2% 28.4%2017 Est. Population 45 to 59 Years 22.3% 19.0% 18.7%2017 Est. Population 60 to 74 Years 15.7% 12.7% 13.3%2017 Est. Population 75 Years or Over 3.9% 4.2% 4.9%2017 Est. Median Age 39.7 36.7 36.9

MA

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2017 Est. Male Population 49.1% 49.6% 49.9%2017 Est. Female Population 50.9% 50.4% 50.1%

2017 Est. Never Married 34.0% 44.8% 43.7%2017 Est. Now Married 49.3% 35.4% 35.8%2017 Est. Separated or Divorced 13.6% 16.3% 16.6%2017 Est. Widowed 3.1% 3.5% 3.9%

INC

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2017 Est. HH Income $200,000 or More 15.3% 8.5% 8.0%2017 Est. HH Income $150,000 to $199,999 10.4% 6.9% 5.9%2017 Est. HH Income $100,000 to $149,999 18.5% 15.7% 14.6%2017 Est. HH Income $75,000 to $99,999 12.0% 12.9% 12.8%2017 Est. HH Income $50,000 to $74,999 13.9% 17.1% 16.6%2017 Est. HH Income $35,000 to $49,999 9.4% 11.5% 11.8%2017 Est. HH Income $25,000 to $34,999 7.1% 8.3% 9.1%2017 Est. HH Income $15,000 to $24,999 6.2% 8.0% 8.6%2017 Est. HH Income Under $15,000 7.2% 11.0% 12.5%2017 Est. Average Household Income $109,813 $83,734 $80,4932017 Est. Median Household Income $95,141 $70,128 $66,6712017 Est. Per Capita Income $47,745 $37,694 $36,101

2017 Est. Total Businesses 1,861 16,765 34,5172017 Est. Total Employees 16,422 166,536 387,138

Page 7: HOLLYWOOD CROSSING - LoopNet€¦ · HOLLYWOOD CROSSING SITE Traffic counts NE Halsey St – 21,601 ADT (15) | NE 42nd Ave – 5,437 ADT (15) Comments • Located in the heart of

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: 45.5347/-122.6208RF1

1615 NE 42nd Ave1 mi radius 3 mi radius 5 mi radius

Portland, OR 97213-1524

RA

CE

2017 Est. White 86.8% 76.6% 75.0%2017 Est. Black 2.5% 7.8% 6.8%2017 Est. Asian or Pacific Islander 5.0% 6.6% 8.5%2017 Est. American Indian or Alaska Native 0.5% 0.9% 0.9%2017 Est. Other Races 5.2% 8.2% 8.9%

HIS

PA

NIC 2017 Est. Hispanic Population 1,418 18,190 42,189

2017 Est. Hispanic Population 5.4% 8.3% 9.3%2022 Proj. Hispanic Population 6.2% 9.2% 10.3%2010 Hispanic Population 4.1% 7.2% 8.5%

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(Adu

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2017 Est. Adult Population (25 Years or Over) 19,517 165,179 338,9062017 Est. Elementary (Grade Level 0 to 8) 0.8% 2.3% 3.3%2017 Est. Some High School (Grade Level 9 to 11) 1.7% 3.1% 4.4%2017 Est. High School Graduate 8.8% 12.7% 14.8%2017 Est. Some College 17.1% 20.0% 21.0%2017 Est. Associate Degree Only 5.6% 7.1% 7.1%2017 Est. Bachelor Degree Only 36.3% 33.2% 29.8%2017 Est. Graduate Degree 29.7% 21.6% 19.6%

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US

ING 2017 Est. Total Housing Units 11,550 100,287 208,279

2017 Est. Owner-Occupied 62.4% 48.1% 46.2%2017 Est. Renter-Occupied 35.6% 49.1% 50.6%2017 Est. Vacant Housing 2.0% 2.8% 3.2%

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R 2010 Homes Built 2005 or later - 0.7% 0.6%2010 Homes Built 2000 to 2004 4.6% 8.3% 10.6%2010 Homes Built 1990 to 1999 3.1% 7.4% 8.6%2010 Homes Built 1980 to 1989 2.1% 5.0% 6.0%2010 Homes Built 1970 to 1979 5.3% 9.1% 10.3%2010 Homes Built 1960 to 1969 10.2% 9.2% 10.4%2010 Homes Built 1950 to 1959 8.7% 11.8% 13.4%2010 Homes Built Before 1949 74.4% 57.8% 49.0%

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VA

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2010 Home Value $1,000,000 or More 1.2% 1.0% 1.7%2010 Home Value $500,000 to $999,999 44.1% 24.2% 22.0%2010 Home Value $400,000 to $499,999 25.3% 19.4% 15.9%2010 Home Value $300,000 to $399,999 20.0% 26.5% 23.7%2010 Home Value $200,000 to $299,999 9.6% 25.3% 28.6%2010 Home Value $150,000 to $199,999 1.4% 4.4% 7.2%2010 Home Value $100,000 to $149,999 0.7% 1.8% 3.2%2010 Home Value $50,000 to $99,999 0.3% 0.6% 0.7%2010 Home Value $25,000 to $49,999 0.5% 0.5% 0.5%2010 Home Value Under $25,000 1.1% 1.3% 1.7%2010 Median Home Value $490,115 $385,280 $367,0252010 Median Rent $967 $967 $972

Page 8: HOLLYWOOD CROSSING - LoopNet€¦ · HOLLYWOOD CROSSING SITE Traffic counts NE Halsey St – 21,601 ADT (15) | NE 42nd Ave – 5,437 ADT (15) Comments • Located in the heart of

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: 45.5347/-122.6208RF1

1615 NE 42nd Ave1 mi radius 3 mi radius 5 mi radius

Portland, OR 97213-1524

LAB

OR

FO

RC

E

2017 Est. Labor Population Age 16 Years or Over 21,211 184,231 383,2122017 Est. Civilian Employed 69.8% 70.2% 67.4%2017 Est. Civilian Unemployed 2.4% 3.0% 2.9%2017 Est. in Armed Forces - - - 2017 Est. not in Labor Force 27.8% 26.8% 29.7%2017 Labor Force Males 48.9% 49.3% 49.7%2017 Labor Force Females 51.1% 50.7% 50.3%

OC

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PA

TIO

N

2010 Occupation: Population Age 16 Years or Over 14,857 129,648 258,2222010 Mgmt, Business, & Financial Operations 22.2% 18.5% 18.3%2010 Professional, Related 37.2% 33.2% 30.7%2010 Service 13.2% 17.7% 18.2%2010 Sales, Office 18.6% 19.0% 19.7%2010 Farming, Fishing, Forestry 0.3% 0.5% 0.6%2010 Construction, Extraction, Maintenance 2.9% 3.3% 4.0%2010 Production, Transport, Material Moving 5.6% 7.7% 8.4%2010 White Collar Workers 78.1% 70.8% 68.8%2010 Blue Collar Workers 21.9% 29.2% 31.2%

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2010 Drive to Work Alone 55.7% 54.8% 56.3%2010 Drive to Work in Carpool 8.3% 7.4% 7.8%2010 Travel to Work by Public Transportation 12.2% 14.1% 13.8%2010 Drive to Work on Motorcycle 0.3% 0.5% 0.5%2010 Walk or Bicycle to Work 12.7% 14.5% 13.7%2010 Other Means 0.7% 0.7% 0.6%2010 Work at Home 10.2% 8.0% 7.3%

TRA

VE

L TI

ME 2010 Travel to Work in 14 Minutes or Less 23.9% 21.6% 21.5%

2010 Travel to Work in 15 to 29 Minutes 48.5% 45.3% 43.1%2010 Travel to Work in 30 to 59 Minutes 25.3% 31.9% 31.4%2010 Travel to Work in 60 Minutes or More 5.2% 6.9% 7.0%2010 Average Travel Time to Work 21.3 23.3 23.4

CO

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EX

PE

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ITU

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2017 Est. Total Household Expenditure $842 M $6.03 B $12.1 B2017 Est. Apparel $29.7 M $211 M $424 M2017 Est. Contributions, Gifts $66.6 M $435 M $865 M2017 Est. Education, Reading $38.3 M $254 M $504 M2017 Est. Entertainment $47.8 M $339 M $678 M2017 Est. Food, Beverages, Tobacco $123 M $907 M $1.83 B2017 Est. Furnishings, Equipment $30.1 M $210 M $420 M2017 Est. Health Care, Insurance $70.2 M $519 M $1.05 B2017 Est. Household Operations, Shelter, Utilities $260 M $1.87 B $3.75 B2017 Est. Miscellaneous Expenses $12.0 M $88.3 M $178 M2017 Est. Personal Care $10.8 M $78.3 M $157 M2017 Est. Transportation $153 M $1.12 B $2.24 B