triple c plaza anchor building -...

10
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 23,624 SF Available Space: Circle Blvd – 19,211 ADT (14); 9th St – 8,362 ADT (12) Traffic Count: NW 9th Street & NW Spruce Avenue in Corvallis, Oregon Location: Rental Rate: Call for details Comments: Anchored by Walmart Neighborhood Market, this new 154,000 SF development is in the heart of the major retail corridor on NW 9th Street Co-tenants include Panda Express, Buffalo Wild Wings, OSU Federal Credit Union, Jimmy John’s, Zoup! and Sprint Owner willing to demise space 1 Mile 3 Mile 5 Mile Est. Population 11,198 47,550 64,141 Population Forecast 2020 11,733 49,511 66,899 Average HH Income $55,579 $57,117 $63,361 Employees 18,025 45,529 49,938 Source: Regis - SitesUSA (2015) Demographics: CO-TENANTS $3,200,000 price: — FOR SALE OR LEASE — CORVALLIS, OREGON TRIPLE C PLAZA ANCHOR BUILDING Scott Buth | [email protected] Mark Banta | [email protected] 503.274.0211

Upload: others

Post on 27-Sep-2019

2 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: TRIPLE C PLAZA ANCHOR BUILDING - LoopNetimages1.loopnet.com/d2/dmWUEi2S0QpXebY25LM7DPOq5W8pCH5GdjDoS6…linus pauling ve site middle school garfield elementary school wilson elementary

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

23,624 SFAvailable Space:

Circle Blvd – 19,211 ADT (14); 9th St – 8,362 ADT (12)Traffic Count:

NW 9th Street & NW Spruce Avenue in Corvallis, OregonLocation:

Rental Rate: Call for details

Comments: • Anchored by Walmart Neighborhood Market, this new 154,000 SF development is in the heart of the major retail corridor on NW 9th Street

• Co-tenants include Panda Express, Buffalo Wild Wings, OSU Federal Credit Union, Jimmy John’s, Zoup! and Sprint

• Owner willing to demise space

1 Mile 3 Mile 5 Mile

Est. Population 11,198 47,550 64,141Population Forecast 2020 11,733 49,511 66,899Average HH Income $55,579 $57,117 $63,361Employees 18,025 45,529 49,938Source: Regis - SitesUSA (2015)

Demographics:

CO-TENANTS

$3,200,000price:

— F O R S A L E O R L E A S E —

C O R V A L L I S , O R E G O N

TRIPLE C PLAZA ANCHOR BUILDING

Scott Buth | [email protected] Mark Banta | [email protected]

503.274.0211

Page 2: TRIPLE C PLAZA ANCHOR BUILDING - LoopNetimages1.loopnet.com/d2/dmWUEi2S0QpXebY25LM7DPOq5W8pCH5GdjDoS6…linus pauling ve site middle school garfield elementary school wilson elementary

CRA0 1

MILES

0.5n

1 MILE

2 MILES

3 MILESGOOD SAMARITAN

REGIONAL MEDICAL CENTER

188 BEDS

4,000 EE’S

CORVALLIS CLINIC

514 EE’S

WILSONELEMENTARY

SCHOOL

LINUS PAULING MIDDLE SCHOOL

ACCU-FABSYSTEMS231 EE’S

CH2M HILL514 EE’S

CORVALLIS HIGH SCHOOL

1,400 STUDENTS

US FORESTRYDEPARTMENT

463 EE’S

EPA309 EE’S

27,925 STUDENTS10,220 EE’S

CORVALLISGAZETTE-TIMES

263 EE’S

TRYSTING TREE GOLF COURSE

ADAMSELEMENTARY

SCHOOL

EVANITE FIBERCORPORATION

263 EE’S PHILOMATHFOREST PRODUCTS

222 EE’S

DOWNTOWN

LINCOLN ELEMENTARY

SCHOOL

SUMMITINFORMATION

361 EE’S

SIGA70 EE’S

FISERV240 EE’S

NYPROPLASTICS140 EE’S

2,722 EE’S

ReserStadium

POST OFFICE132 EE’S

SITE

CORVALLIS, OREGON

Page 3: TRIPLE C PLAZA ANCHOR BUILDING - LoopNetimages1.loopnet.com/d2/dmWUEi2S0QpXebY25LM7DPOq5W8pCH5GdjDoS6…linus pauling ve site middle school garfield elementary school wilson elementary

SITENW Spruce AveLINUS PAULING MIDDLE SCHOOL

GARFIELD ELEMENTARY

SCHOOL

WILSON ELEMENTARY

SCHOOL

CORVALLIS HIGH SCHOOL1,400 STUDENTS

DMV

8,625 ADT (11)

19,287 ADT (05)

19,0

35 AD

T (05

)17

,500

ADT (

09)

17,939 ADT (05)

2,000 EMPLOYEES

ATS SYSTEMS OREGON

KORVIS AUTOMATION

PEPSI

CRAn

CORVALLIS | 9TH STREET CORRIDOR

Page 4: TRIPLE C PLAZA ANCHOR BUILDING - LoopNetimages1.loopnet.com/d2/dmWUEi2S0QpXebY25LM7DPOq5W8pCH5GdjDoS6…linus pauling ve site middle school garfield elementary school wilson elementary

OSBORNAQUATIC CENTER

NW CIRCLE BLVD

NW SPRUCE AVE

NW

HIG

HLA

ND

DR

NW CLEVELAND AVE

NW 9

TH S

T

HWY

99W

LINUS PAULINGMIDDLE SCHOOL

CRA

CLOSE-IN| FORMER OFFICE MAX

SITE

Page 5: TRIPLE C PLAZA ANCHOR BUILDING - LoopNetimages1.loopnet.com/d2/dmWUEi2S0QpXebY25LM7DPOq5W8pCH5GdjDoS6…linus pauling ve site middle school garfield elementary school wilson elementary

SITE PLAN | FORMER OFFICE MAX

nCRA

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.

AVAILABLE23,624 SF

Page 6: TRIPLE C PLAZA ANCHOR BUILDING - LoopNetimages1.loopnet.com/d2/dmWUEi2S0QpXebY25LM7DPOq5W8pCH5GdjDoS6…linus pauling ve site middle school garfield elementary school wilson elementary

PYLON SIGN RENDERING | FORMER OFFICE MAX

nCRA

YOUR SIGN HERE

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.

SITE

Page 7: TRIPLE C PLAZA ANCHOR BUILDING - LoopNetimages1.loopnet.com/d2/dmWUEi2S0QpXebY25LM7DPOq5W8pCH5GdjDoS6…linus pauling ve site middle school garfield elementary school wilson elementary

CRA

CORVALLIS, OREGON

Page 8: TRIPLE C PLAZA ANCHOR BUILDING - LoopNetimages1.loopnet.com/d2/dmWUEi2S0QpXebY25LM7DPOq5W8pCH5GdjDoS6…linus pauling ve site middle school garfield elementary school wilson elementary

Demographic Source: Applied Geographic Solutions 11/2015, TIGER Geography page 1 of 3©2016, Sites USA, Chandler, Arizona, 480-491-1112

Thi

s re

port

was

pro

duce

d us

ing

data

from

priv

ate

and

gove

rnm

ent s

ourc

es d

eem

ed to

be

relia

ble.

The

info

rmat

ion

here

in is

pro

vide

d w

ithou

t rep

rese

ntat

ion

or w

arra

nty.

FULL PROFILE2000-2010 Census, 2015 Estimates with 2020 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 44.5876/-123.2556RF1

NW 9th St & NW Spruce Ave1 Mile 3 Miles 5 Miles

Corvallis, OR

PO

PU

LATI

ON

2015 Estimated Population 11,198 47,550 64,1412020 Projected Population 11,733 49,511 66,8992010 Census Population 10,630 46,893 62,9362000 Census Population 10,753 45,210 57,614Projected Annual Growth 2015 to 2020 1.0% 0.8% 0.9%Historical Annual Growth 2000 to 2015 0.3% 0.3% 0.8%

HO

US

EH

OLD

S

2015 Estimated Households 5,059 20,019 26,8612020 Projected Households 5,363 21,142 28,3922010 Census Households 4,719 19,096 25,6272000 Census Households 4,609 17,896 22,802Projected Annual Growth 2015 to 2020 1.2% 1.1% 1.1%Historical Annual Growth 2000 to 2015 0.7% 0.8% 1.2%

AG

E

2015 Est. Population Under 10 Years 9.7% 7.0% 8.0%2015 Est. Population 10 to 19 Years 10.4% 14.8% 13.8%2015 Est. Population 20 to 29 Years 23.6% 32.0% 28.5%2015 Est. Population 30 to 44 Years 17.6% 14.1% 15.2%2015 Est. Population 45 to 59 Years 15.9% 13.4% 14.8%2015 Est. Population 60 to 74 Years 13.9% 12.1% 13.1%2015 Est. Population 75 Years or Over 8.9% 6.5% 6.5%2015 Est. Median Age 34.4 32.1 33.5

MA

RIT

AL

STA

TUS

&

GE

ND

ER

2015 Est. Male Population 49.3% 50.7% 50.2%2015 Est. Female Population 50.7% 49.3% 49.8%

2015 Est. Never Married 43.7% 52.0% 46.8%2015 Est. Now Married 37.9% 32.9% 37.5%2015 Est. Separated or Divorced 13.6% 11.5% 11.7%2015 Est. Widowed 4.8% 3.6% 4.0%

INC

OM

E

2015 Est. HH Income $200,000 or More 3.5% 3.9% 4.8%2015 Est. HH Income $150,000 to $199,999 2.9% 4.3% 4.8%2015 Est. HH Income $100,000 to $149,999 10.2% 10.3% 11.8%2015 Est. HH Income $75,000 to $99,999 10.6% 9.8% 10.4%2015 Est. HH Income $50,000 to $74,999 14.3% 11.6% 12.9%2015 Est. HH Income $35,000 to $49,999 11.3% 11.6% 12.1%2015 Est. HH Income $25,000 to $34,999 14.4% 9.9% 9.4%2015 Est. HH Income $15,000 to $24,999 15.1% 14.0% 12.6%2015 Est. HH Income Under $15,000 17.7% 24.6% 21.4%2015 Est. Average Household Income $55,579 $57,117 $63,3612015 Est. Median Household Income $42,238 $43,943 $49,5522015 Est. Per Capita Income $25,226 $24,794 $27,100

2015 Est. Total Businesses 731 2,458 2,9232015 Est. Total Employees 18,025 45,529 49,938

Page 9: TRIPLE C PLAZA ANCHOR BUILDING - LoopNetimages1.loopnet.com/d2/dmWUEi2S0QpXebY25LM7DPOq5W8pCH5GdjDoS6…linus pauling ve site middle school garfield elementary school wilson elementary

Demographic Source: Applied Geographic Solutions 11/2015, TIGER Geography page 2 of 3©2016, Sites USA, Chandler, Arizona, 480-491-1112

Thi

s re

port

was

pro

duce

d us

ing

data

from

priv

ate

and

gove

rnm

ent s

ourc

es d

eem

ed to

be

relia

ble.

The

info

rmat

ion

here

in is

pro

vide

d w

ithou

t rep

rese

ntat

ion

or w

arra

nty.

FULL PROFILE2000-2010 Census, 2015 Estimates with 2020 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 44.5876/-123.2556RF1

NW 9th St & NW Spruce Ave1 Mile 3 Miles 5 Miles

Corvallis, OR

RA

CE

2015 Est. White 80.8% 82.3% 83.3%2015 Est. Black 1.6% 1.4% 1.4%2015 Est. Asian or Pacific Islander 6.6% 8.7% 7.8%2015 Est. American Indian or Alaska Native 0.9% 0.7% 0.6%2015 Est. Other Races 10.2% 6.9% 6.8%

HIS

PA

NIC

2015 Est. Hispanic Population 1,531 3,723 4,9192015 Est. Hispanic Population 13.7% 7.8% 7.7%2020 Proj. Hispanic Population 15.8% 9.1% 8.9%2010 Hispanic Population 12.6% 7.1% 6.9%

ED

UC

ATI

ON

(Adu

lts 2

5 or

Old

er)

2015 Est. Adult Population (25 Years or Over) 7,528 26,782 38,1912015 Est. Elementary (Grade Level 0 to 8) 3.4% 2.0% 1.8%2015 Est. Some High School (Grade Level 9 to 11) 3.4% 3.1% 2.9%2015 Est. High School Graduate 14.5% 12.7% 13.1%2015 Est. Some College 23.6% 20.9% 19.8%2015 Est. Associate Degree Only 8.6% 7.4% 7.2%2015 Est. Bachelor Degree Only 27.8% 28.0% 29.0%2015 Est. Graduate Degree 18.8% 25.9% 26.2%

HO

US

ING 2015 Est. Total Housing Units 5,228 20,636 27,737

2015 Est. Owner-Occupied 42.0% 40.8% 46.4%2015 Est. Renter-Occupied 54.7% 56.3% 50.4%2015 Est. Vacant Housing 3.2% 3.0% 3.2%

HO

ME

S B

UIL

T B

Y Y

EA

R 2010 Homes Built 2005 or later 3.5% 5.4% 6.3%2010 Homes Built 2000 to 2004 4.9% 6.3% 8.4%2010 Homes Built 1990 to 1999 19.6% 15.6% 16.6%2010 Homes Built 1980 to 1989 12.1% 10.8% 10.4%2010 Homes Built 1970 to 1979 22.3% 21.7% 21.4%2010 Homes Built 1960 to 1969 17.9% 14.1% 12.6%2010 Homes Built 1950 to 1959 10.4% 9.9% 9.4%2010 Homes Built Before 1949 9.3% 16.2% 14.9%

HO

ME

VA

LUE

S

2010 Home Value $1,000,000 or More 0.2% 0.4% 0.6%2010 Home Value $500,000 to $999,999 6.3% 6.9% 7.7%2010 Home Value $400,000 to $499,999 2.1% 6.4% 7.4%2010 Home Value $300,000 to $399,999 8.9% 18.2% 19.0%2010 Home Value $200,000 to $299,999 45.0% 36.2% 35.3%2010 Home Value $150,000 to $199,999 18.4% 15.2% 14.1%2010 Home Value $100,000 to $149,999 4.1% 5.4% 5.6%2010 Home Value $50,000 to $99,999 4.0% 2.7% 2.6%2010 Home Value $25,000 to $49,999 4.2% 3.6% 3.0%2010 Home Value Under $25,000 6.8% 4.9% 4.7%2010 Median Home Value $216,021 $252,735 $260,9242010 Median Rent $717 $674 $694

Page 10: TRIPLE C PLAZA ANCHOR BUILDING - LoopNetimages1.loopnet.com/d2/dmWUEi2S0QpXebY25LM7DPOq5W8pCH5GdjDoS6…linus pauling ve site middle school garfield elementary school wilson elementary

Demographic Source: Applied Geographic Solutions 11/2015, TIGER Geography page 3 of 3©2016, Sites USA, Chandler, Arizona, 480-491-1112

Thi

s re

port

was

pro

duce

d us

ing

data

from

priv

ate

and

gove

rnm

ent s

ourc

es d

eem

ed to

be

relia

ble.

The

info

rmat

ion

here

in is

pro

vide

d w

ithou

t rep

rese

ntat

ion

or w

arra

nty.

FULL PROFILE2000-2010 Census, 2015 Estimates with 2020 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 44.5876/-123.2556RF1

NW 9th St & NW Spruce Ave1 Mile 3 Miles 5 Miles

Corvallis, OR

LAB

OR

FO

RC

E

2015 Est. Labor Population Age 16 Years or Over 9,466 42,221 55,9962015 Est. Civilian Employed 59.2% 52.6% 54.4%2015 Est. Civilian Unemployed 3.6% 3.0% 2.9%2015 Est. in Armed Forces - 0.1% 0.1%2015 Est. not in Labor Force 37.1% 44.3% 42.6%2015 Labor Force Males 48.8% 50.6% 50.2%2015 Labor Force Females 51.2% 49.4% 49.8%

OC

CU

PA

TIO

N

2010 Occupation: Population Age 16 Years or Over 5,051 21,551 29,1582010 Mgmt, Business, & Financial Operations 12.5% 11.9% 12.7%2010 Professional, Related 27.7% 34.6% 34.5%2010 Service 22.3% 19.2% 18.5%2010 Sales, Office 20.2% 20.8% 20.4%2010 Farming, Fishing, Forestry 2.8% 1.7% 1.8%2010 Construction, Extraction, Maintenance 3.9% 4.3% 4.7%2010 Production, Transport, Material Moving 10.6% 7.5% 7.4%2010 White Collar Workers 60.4% 67.3% 67.5%2010 Blue Collar Workers 39.6% 32.7% 32.5%

TRA

NS

PO

RTA

TIO

NTO

WO

RK

2010 Drive to Work Alone 63.8% 58.6% 61.4%2010 Drive to Work in Carpool 10.9% 8.6% 9.2%2010 Travel to Work by Public Transportation 4.6% 2.3% 2.2%2010 Drive to Work on Motorcycle 0.5% 0.4% 0.3%2010 Walk or Bicycle to Work 15.1% 24.3% 19.8%2010 Other Means 0.6% 0.3% 0.3%2010 Work at Home 4.6% 5.6% 6.8%

TRA

VE

L TI

ME 2010 Travel to Work in 14 Minutes or Less 60.3% 59.3% 55.4%

2010 Travel to Work in 15 to 29 Minutes 24.4% 28.2% 31.1%2010 Travel to Work in 30 to 59 Minutes 12.2% 9.6% 10.4%2010 Travel to Work in 60 Minutes or More 3.2% 2.8% 3.1%2010 Average Travel Time to Work 12.5 12.8 13.5

CO

NS

UM

ER

EX

PE

ND

ITU

RE

2015 Est. Total Household Expenditure $237 M $947 M $1.36 B2015 Est. Apparel $8.21 M $33.0 M $47.6 M2015 Est. Contributions, Gifts $15.3 M $63.1 M $92.7 M2015 Est. Education, Reading $8.94 M $37.6 M $54.6 M2015 Est. Entertainment $13.1 M $52.3 M $75.7 M2015 Est. Food, Beverages, Tobacco $37.0 M $147 M $210 M2015 Est. Furnishings, Equipment $7.87 M $31.7 M $46.2 M2015 Est. Health Care, Insurance $21.4 M $84.5 M $121 M2015 Est. Household Operations, Shelter, Utilities $73.8 M $295 M $424 M2015 Est. Miscellaneous Expenses $3.58 M $14.1 M $20.2 M2015 Est. Personal Care $3.09 M $12.3 M $17.7 M2015 Est. Transportation $44.8 M $177 M $255 M