the galt: prime cbd corner retail€¦ · east elevation. pedestrian (‘14) sw 6th & morrison...

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

1 Mile 3 Mile 5 Mile

Est. Population 43,800 175,248 423,139Population Forecast 2022 47,196 189,389 456,214Average HH Income $75,944 $92,868 $92,273Employees 116,832 268,419 361,462

Source: Regis - SitesUSA (2017)

Demographics

Traffic Count SW Alder St – 9,871 ADT (14)

Rental Rate Call for details

4,070 SF ground floor corner end-cap (available Summer 2017)Available Space

800 SW Alder St in Portland, ORLocation

THE GALT: PRIME CBD CORNER RETAILLOCATED AT SW PARK & ALDER IN DOWNTOWN PORTLAND

CONTACT: ASHLEY HEICHELBECH » [email protected] & KATHLEEN HEALY » [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

CRA

• One of a kind character-rich building situated in downtown Portland’s CBD adjacent to premier hotels, restaurants & retailers and bordering downtown’s notable West End district.

• Nearby high-sales retailers include The Mercantile, Target’s downtown flagship store, Zelda’s Shoe Bar, Aveda Gigi Salon & Spa, and Rich’s Cigar Store, among others.

• The ground floor will be dedicated to retail with professional office space occupying the top two floors.

Comments

• Located directly across from the Cornelius Hotel (100-room boutique hotel currently under construction - slated to open in 2017) and The Westin.

• Building currently undergoing major renovations, due for completion summer 2017.

NORTH ELEVATION

EAST ELEVATION

PEDESTRIAN (‘14)SW 6th & Morrison 20,539SW 5th & Morrison 40,187SW Broadway & Yamhill 12,648SW 5th & Alder 12,287SW Park & Morrison 13,808SW Broadway & Washington 10,829

TRIMET MAX LIGHT RAIL (‘11)Pioneer Station North 5,610Pioneer Station South 6,859Pioneer Courthouse / SW 6th Ave 4,998Pioneer Place / SW 5th Ave 5,460

PORTLAND STREETCAR RIDERSHIP (‘13)Weekday Average 16,979Weekend Average 20,983

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

PittockBlock

Pioneer Courthouse

SquarePioneer

Courthouse

Library

Pioneer Place

IPioneer Place

II

O’Bryant Square Redevelopment

400 Parking Spaces

Garage Redevelopment

790 Parking Spaces

DirectorPark

Park Ave West

Block 216Redevelopment

DEPARTURE

little big burger

PROPOSED JAMES BEARD

PUBLIC MARKET

Post Office

HI-LO BOUTIQUE HOTELUNDER CONSTRUCTION

FUTURE AC HOTEL204 ROOMS

UNDER CONSTRUCTION

3RD & ASH REDEVELOPMENT

(2019)

MULTNOMAH WHISKEY LIBRARY

CAFE VIOLA

SUSHI LAND FULLER’S COFFEE SHOP

POWELL’S BOOKS 2

BOUFFANT SALON

CRYSTAL HOTEL

ZEUS CAFE

MA & PA GROCERY

RACIONE

URBAN FAUNA

VIRGINIA CAFE

BOXER RAMEN

ECHO AUDIO

HUBER’S CAFE

EAST INDIACO. GRILL

SAYSAY BOUTIQUE

TANDOOR INDIAN KITCHEN

SUSHIICHIBAN

GROUND KONTROL

THE BRODY

BACKSPACE

FLOATING WORLD COMICS

MICHAEL ALLEN

NW FILM CENTER

BLACK ROOSTER CAFETENDER LOVING EMPIRE

AZUMANO TRAVEL

PORTLAND LUGGAGE CO.

PORTLAND OUTDOOR STORE

CAMERON’S BOOKS

SALON NYLA

FRESH POT

JUDITH ARNELL

PUBLIC DOMAIN

MARX JEWELERS

RISTORANTEROMA

LITTLE T AMERICAN BAKER

SW Morrison

SW Yamhill

SW Taylor

SW Salmon

SW Main

SW 5t

h

SW Washington

SW Alder

SW Oak

SW Pine

SW Stark

W Burnside

NW Davis

SW 13

th

SW 11

th

SW 9t

h

SW P

ark

SW B

roadw

ay

SW 3r

d

SW 2n

d

SW 1s

t

SW N

aito P

kwy

NW 13

th NW 11

th NW 9t

h

NW B

road

way

NW 5t

h

PIONEER PLACE IJ. CrewChico’sJuicy CoutureLouis VuittonCoachBebe

GapTalbotsKate SpadeBCBG MaxazriaTory Burch

PIONEER PLACE I IH & MForever XXIRegal Cinemas

Punch Bowl Social

The Brewery Blocks

CENTRAL BUSINESS DISTRICT DAILY COUNTS

CRAn

SITE

DOWNTOWN PORTLAND

SAYSAY BOUTIQUE MICHAEL ALLEN

MULTNOMAH WHISKEY LIBRARY

PUBLIC DOMAIN

DEPARTURE

URBAN FAUNA

VIRGINIA CAFE

FRESH POT

JUDITH ARNELL

AZUMANO TRAVEL

ZELDA’S SHOE BAR

13,977 adt

14,680 adt

10,398 adt

9,871 adt

18,100 adt

6,751 adt

Pioneer Courthouse

Square

Pioneer Courthouse

Pioneer Place

I

Pioneer Place

II

Park Ave West

Garage Redevelopment

790 Parking Spaces

Library

DirectorPark

Alder St Food Cart Pod

11th & MorrisonOffice & RetailRedevelopment Woodlark & Cornelius

Hotel Redevelopment

Redevelopment

SITE

SW B

road

way

SW 6

th A

ve

SW 5

th A

ve

SW 4

th A

ve

SW P

ark

Ave

SW 9

th A

ve

SW 1

0th

Ave

SW 1

1th

Ave

SW Alder

SW Washington

SW Morrison

SW Yamhill

SW Taylor

SW SalmonnCRA

DOWNTOWN PORTLAND | CLOSE-IN

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.

CRA

1st Floor100' - 0"Æ

0'-0"Œ

2nd Floor116' - 6"Æ

3rd Floor129' - 2"Æ

High Roof145' - 2"Æ

T.O. Parapet148' - 10"Æ

Low Roof141' - 3"Æ

(E) CAP FLASHING TO REMAIN

(E) TILE ROOF (SPANISHSTYLE, METAL TILES) TOREMAIN

(E) CORNICE ANDDETAILS,REPAINT'BENJAMINMOORE 1596'

(E) BUIDLINGENCLOSURE, WITHSTUCCO FINISH,REPAINT 'BENJAMINMOORE 2016-20'

(N) STOREFRONTWINDOWS TO MATCHKAWNEER TRIBAB 451WITH GLASSventWINDOWS, BLACKFINISH. TYPICAL ALLWINDOWS.

(E) BUIDLINGENCLOSURE, WITHNEW CUSTOM BRICKTILE. GLAZED BRICKTILE COLOR TO BESIMILAR TO 'BENJAMINMOORE 2016-20'

(N) STOREFRONT WINDOWS TO MATCHKAWNEER TRIBAB 451. TYPICAL ALLWINDOWS FIRST FLOOR WINDOWS.

(E) ELEVATOR ENCLOSURE,WITH STUCCO FINISHREPAINT 'BENJAMIN MOORE2016-20'

(E) TRIM, REPAINT'BENJAMIN MOORE1596'

(N) STEM WALL WITH BLACKMARBLE PENTAL "NEROMARQUINA," HONED FINISH

(N) APPLIEDMOLDING, PAINT'BENJAMIN MOORE1596'

(N) GLAZED CANOPYWITH ALUMINUMSTRUCTURE.

(N) GLAZED CANOPYWITH ALUMINUMSTRUCTURE.

AR C H ITE C T S

808 SW Alder St Portland, OR 97205

August 31, 2016 DR-14COLORED EAST ELEVATION

Project 215323

SITE PLAN | LOCATIONEAST ELEVATION | 800 SW ALDER ST

1st Floor100' - 0"Æ

0'-0"Œ

2nd Floor116' - 6"Æ

3rd Floor129' - 2"Æ

High Roof145' - 2"Æ

T.O. Parapet148' - 10"Æ

Low Roof141' - 3"Æ

(E) CAP FLASHING TO REMAIN

(E) TILE ROOF (SPANISHSTYLE, METAL TILES) TOREMAIN

(E) CORNICE AND DETAILS, REPAINT'BENJAMIN MOORE 1596'

(E) BUIDLING ENCLOSURE,WITH STUCCO FINISH,REPAINT 'BENJAMIN MOORE2016-20'

(N) STOREFRONT WINDOWSTO MATCH KAWNEER TRIBAB451 WITH GLASSventWINDOWS, BLACK FINISH.TYPICAL ALL WINDOWS.

(E) BUIDLING ENCLOSURE,WITH NEW CUSTOM BRICKTILE. GLAZED BRICK TILECOLOR TO BE SIMILAR TO'BENJAMIN MOORE 2016-20'

(N) FRAMELESS GLASS ENTRY DOORSWITH A METAL PANEL SURROUND. BASEIS BLACK MARBLE TO MATCH OTHERSTOREFRONT BASES.

(N) STEM WALL WITHBLACK MARBLE PENTAL"NERO MARQUINA,"HONED FINISH

(E) ELEVATOR ENCLOSURE,WITH STUCCO FINISHREPAINT 'BENJAMIN MOORE1596'

(N) STOREFRONT WINDOWSTO MATCH KAWNEER TRIBAB451 TYPICAL ALL WINDOWSFIRST FLOOR WINDOWS.

(E) TRIM, REPAINT'BENJAMIN MOORE 1596'

(N) BLACK MARBLE TILE PANEL, PENTAL"NERO MARQUINA," HONED FINISH

(N) "THE GALT" BUILDING SIGN

(N) APPLIED MOLDING, PAINT'BENJAMIN MOORE 1596'

(N) GLAZED CANOPY WITH ALUMINUMSTRUCTURE.

AR C H ITE C T S

808 SW Alder St Portland, OR 97205

August 31, 2016 DR-15COLORED NORTH ELEVATION

Project 215323


CRA

NORTH ELEVATION | 800 SW ALDER ST


SW A

LDER

ST

SW PARK AVE

CRAn

future retail space4,070 sf

(leasable area)

SITE PLAN | GROUND FLOOR

CRA

PORTLAND, OREGON

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: 45.5202/-122.6804RF1

800 SW Alder St1 mi radius 3 mi radius 5 mi radius

Portland, OR 97205-3107

PO

PU

LATI

ON

2017 Estimated Population 43,800 175,248 423,1392022 Projected Population 47,196 189,389 456,2142010 Census Population 36,848 149,040 380,3302000 Census Population 26,639 132,031 353,906Projected Annual Growth 2017 to 2022 1.6% 1.6% 1.6%Historical Annual Growth 2000 to 2017 3.8% 1.9% 1.2%

HO

US

EH

OLD

S 2017 Estimated Households 27,445 90,636 195,2142022 Projected Households 29,421 96,876 208,4982010 Census Households 22,770 76,378 175,0182000 Census Households 17,144 66,722 159,331Projected Annual Growth 2017 to 2022 1.4% 1.4% 1.4%Historical Annual Growth 2000 to 2017 3.5% 2.1% 1.3%

AG

E

2017 Est. Population Under 10 Years 4.2% 8.6% 9.9%2017 Est. Population 10 to 19 Years 5.6% 7.0% 8.3%2017 Est. Population 20 to 29 Years 25.8% 19.0% 15.6%2017 Est. Population 30 to 44 Years 28.6% 29.2% 28.2%2017 Est. Population 45 to 59 Years 17.8% 18.2% 19.0%2017 Est. Population 60 to 74 Years 14.3% 13.8% 14.1%2017 Est. Population 75 Years or Over 3.8% 4.1% 4.8%2017 Est. Median Age 36.2 36.8 37.6

MA

RIT

AL

STA

TUS

&

GE

ND

ER

2017 Est. Male Population 55.0% 50.8% 49.5%2017 Est. Female Population 45.0% 49.2% 50.5%

2017 Est. Never Married 58.1% 49.2% 42.9%2017 Est. Now Married 20.4% 32.0% 38.0%2017 Est. Separated or Divorced 18.4% 15.6% 15.5%2017 Est. Widowed 3.1% 3.2% 3.6%

INC

OM

E

2017 Est. HH Income $200,000 or More 9.0% 12.6% 11.0%2017 Est. HH Income $150,000 to $199,999 4.3% 7.1% 7.3%2017 Est. HH Income $100,000 to $149,999 11.9% 14.1% 16.1%2017 Est. HH Income $75,000 to $99,999 10.6% 11.9% 12.9%2017 Est. HH Income $50,000 to $74,999 13.2% 13.7% 15.7%2017 Est. HH Income $35,000 to $49,999 10.3% 10.5% 10.9%2017 Est. HH Income $25,000 to $34,999 9.1% 8.4% 7.9%2017 Est. HH Income $15,000 to $24,999 9.9% 8.1% 7.4%2017 Est. HH Income Under $15,000 21.8% 13.6% 10.9%2017 Est. Average Household Income $75,944 $92,868 $92,2732017 Est. Median Household Income $53,336 $74,149 $76,1592017 Est. Per Capita Income $48,927 $48,481 $42,881

2017 Est. Total Businesses 9,343 22,326 33,1582017 Est. Total Employees 116,832 268,419 361,462


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Lat/Lon: 45.5202/-122.6804RF1



RA

CE

2017 Est. White 79.6% 81.1% 80.1%2017 Est. Black 5.2% 5.9% 5.8%2017 Est. Asian or Pacific Islander 7.5% 5.4% 6.0%2017 Est. American Indian or Alaska Native 1.0% 0.8% 0.8%2017 Est. Other Races 6.7% 6.9% 7.3%

HIS

PA

NIC 2017 Est. Hispanic Population 2,866 12,468 30,450

2017 Est. Hispanic Population 6.5% 7.1% 7.2%2022 Proj. Hispanic Population 7.2% 7.9% 8.0%2010 Hispanic Population 5.8% 5.5% 6.2%

ED

UC

ATI

ON

(Adu

lts 2

5 or

Old

er)

2017 Est. Adult Population (25 Years or Over) 34,519 135,103 319,4962017 Est. Elementary (Grade Level 0 to 8) 1.1% 1.2% 1.6%2017 Est. Some High School (Grade Level 9 to 11) 3.2% 2.4% 2.7%2017 Est. High School Graduate 8.4% 8.8% 11.1%2017 Est. Some College 20.1% 17.8% 19.3%2017 Est. Associate Degree Only 5.7% 5.8% 6.5%2017 Est. Bachelor Degree Only 35.7% 36.2% 34.2%2017 Est. Graduate Degree 25.8% 27.9% 24.5%

HO

US

ING 2017 Est. Total Housing Units 29,106 94,380 201,815

2017 Est. Owner-Occupied 15.8% 33.9% 47.8%2017 Est. Renter-Occupied 78.5% 62.1% 48.9%2017 Est. Vacant Housing 5.7% 4.0% 3.3%

HO

ME

S B

UIL

T B

Y Y

EA

R 2010 Homes Built 2005 or later 0.6% 0.9% 0.6%2010 Homes Built 2000 to 2004 24.2% 13.9% 10.4%2010 Homes Built 1990 to 1999 14.5% 9.7% 8.8%2010 Homes Built 1980 to 1989 9.7% 6.7% 6.5%2010 Homes Built 1970 to 1979 9.1% 10.2% 11.3%2010 Homes Built 1960 to 1969 9.4% 9.7% 10.1%2010 Homes Built 1950 to 1959 8.2% 9.1% 11.9%2010 Homes Built Before 1949 40.8% 53.6% 49.0%

HO

ME

VA

LUE

S

2010 Home Value $1,000,000 or More 4.4% 3.7% 2.0%2010 Home Value $500,000 to $999,999 34.6% 40.1% 27.3%2010 Home Value $400,000 to $499,999 15.0% 19.6% 18.9%2010 Home Value $300,000 to $399,999 25.2% 21.6% 25.8%2010 Home Value $200,000 to $299,999 18.7% 14.6% 23.2%2010 Home Value $150,000 to $199,999 4.8% 2.9% 4.0%2010 Home Value $100,000 to $149,999 1.8% 1.3% 1.7%2010 Home Value $50,000 to $99,999 0.3% 0.4% 0.5%2010 Home Value $25,000 to $49,999 0.2% 0.3% 0.4%2010 Home Value Under $25,000 1.0% 0.8% 1.1%2010 Median Home Value $452,073 $488,166 $411,6282010 Median Rent $1,022 $1,008 $992


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Lat/Lon: 45.5202/-122.6804RF1



LAB

OR

FO

RC

E

2017 Est. Labor Population Age 16 Years or Over 41,223 153,193 361,1312017 Est. Civilian Employed 62.4% 69.0% 68.7%2017 Est. Civilian Unemployed 4.2% 2.8% 2.8%2017 Est. in Armed Forces - - - 2017 Est. not in Labor Force 33.4% 28.2% 28.5%2017 Labor Force Males 55.3% 50.9% 49.3%2017 Labor Force Females 44.7% 49.1% 50.7%

OC

CU

PA

TIO

N

2010 Occupation: Population Age 16 Years or Over 25,898 105,518 247,9662010 Mgmt, Business, & Financial Operations 23.4% 21.9% 20.7%2010 Professional, Related 33.3% 35.6% 34.1%2010 Service 14.7% 15.7% 15.6%2010 Sales, Office 21.5% 18.3% 19.3%2010 Farming, Fishing, Forestry 0.7% 0.5% 0.4%2010 Construction, Extraction, Maintenance 1.6% 2.4% 3.2%2010 Production, Transport, Material Moving 4.8% 5.6% 6.6%2010 White Collar Workers 78.2% 75.8% 74.1%2010 Blue Collar Workers 21.8% 24.2% 25.9%

TRA

NS

PO

RTA

TIO

NTO

WO

RK

2010 Drive to Work Alone 45.8% 51.1% 55.9%2010 Drive to Work in Carpool 5.2% 6.3% 7.3%2010 Travel to Work by Public Transportation 16.0% 14.7% 13.4%2010 Drive to Work on Motorcycle 0.3% 0.5% 0.5%2010 Walk or Bicycle to Work 23.3% 18.2% 14.2%2010 Other Means 1.0% 0.7% 0.7%2010 Work at Home 8.5% 8.5% 8.0%

TRA

VE

L TI

ME 2010 Travel to Work in 14 Minutes or Less 31.0% 27.4% 23.0%

2010 Travel to Work in 15 to 29 Minutes 38.5% 45.0% 45.4%2010 Travel to Work in 30 to 59 Minutes 24.9% 26.9% 30.3%2010 Travel to Work in 60 Minutes or More 7.1% 6.0% 6.4%2010 Average Travel Time to Work 20.5 21.1 22.5

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EX

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2017 Est. Total Household Expenditure $1.58 B $6.00 B $12.9 B2017 Est. Apparel $55.2 M $211 M $453 M2017 Est. Contributions, Gifts $113 M $456 M $963 M2017 Est. Education, Reading $68.3 M $266 M $559 M2017 Est. Entertainment $87.4 M $337 M $727 M2017 Est. Food, Beverages, Tobacco $239 M $891 M $1.92 B2017 Est. Furnishings, Equipment $54.0 M $211 M $454 M2017 Est. Health Care, Insurance $139 M $512 M $1.10 B2017 Est. Household Operations, Shelter, Utilities $494 M $1.86 B $4.00 B2017 Est. Miscellaneous Expenses $23.7 M $87.3 M $188 M2017 Est. Personal Care $20.6 M $77.7 M $167 M2017 Est. Transportation $284 M $1.08 B $2.37 B

the galt: prime cbd corner retail€¦ · east elevation. pedestrian (‘14) sw 6th & morrison...

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