THE GALT: PRIME CBD CORNER RETAIL LOCATED AT SW PARK & ALDER IN DOWNTOWN PORTLAND
CRA
EAST ELEVATION
Location Available Space Rental Rate Comments
800 SW Alder St in Portland, OR 4,012 SF ground floor corner end-cap (available Spring 2017) $60.00/SF/YR, NNN ground floor • 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.
NORTH ELEVATION
• 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 spring 2017.
Traffic Count Demographics
SW Alder St – 9,871 ADT (14) 1 Mile
3 Mile
5 Mile
Est. Population
41,950
165,094
407,004
Population Forecast 2021
44,732
176,540
433,834
Average HH Income
$71,908
$89,709
$88,764
Employees
117,241
240,951
325,998
Source: Regis - SitesUSA (2016)
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
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
NW Davis
FULLER’S COFFEE SHOP
NW 13th
BACKSPACE
BOUFFANT SALON POWELL’S BOOKS 2
GROUND KONTROL
NW 5th
NW 11th
little big burger
NW 9th
SUSHI LAND
NW Broadway
DOWNTOWN PORTLAND
FLOATING WORLD COMICS
SUSHI ICHIBAN THE BRODY
W Burnside
CRYSTAL HOTEL ZEUS CAFE
LITTLE T AMERICAN BAKER
SW
BOXER RAMEN RACIONE
3RD & ASH REDEVELOPMENT
n
Pittock O’Bryant Square Block Redevelopment 400 Parking CAFE VIOLA Spaces
SW
10,829
SW T aylo
r
TRIMET MAX LIGHT RAIL (‘11) 5,610
Pioneer Station South
6,859
Pioneer Courthouse / SW 6th Ave
4,998
Pioneer Place / SW 5th Ave
5,460
PORTLAND STREETCAR RIDERSHIP (‘13) Weekday Average
16,979
Weekend Average
20,983
Sources: Portland Business Alliance, Trimet.org, PortlandStreetcar.org
URBAN FAUNA
SW S
almo
n NW FILM CENTER
Mor
riso
Pioneer Courthouse
SW
Yam h
ill
n
Pioneer Place I
Pioneer Place II
SW M
ain
SW
Pioneer Station North
DEPARTURE
SW
The Brewery Blocks
FUTURE AC HOTEL
204 ROOMS UNDER CONSTRUCTION
y
SW Broadway & Washington
Director Park
Pioneer Courthouse Square
Pkw
13,808
VIRGINIA CAFE
PROPOSED JAMES BEARD PUBLIC MARKET
1st
SW Park & Morrison
Library
Park Ave West
HUBER’S CAFE
SW
12,287
CAMERON’S BOOKS
y
12,648
SW 5th & Alder
EAST INDIA CO. GRILL
PORTLAND LUGGAGE CO.
AZUMANO TRAVEL
dwa
SW Broadway & Yamhill
PUBLIC DOMAIN
Broa
40,187
SW Park
20,539
SW 5th & Morrison
SITE
Garage Redevelopment 790 Parking Spaces
HI-LO BOUTIQUE HOTEL UNDER CONSTRUCTION
MICHAEL ALLEN
9th
SW 6th & Morrison
PORTLAND OUTDOOR STORE
SW Nait o
SAYSAY BOUTIQUE
PEDESTRIAN (‘14)
TANDOOR INDIAN KITCHEN
MARX JEWELERS
JUDITH ARNELL
SW
CENTRAL BUSINESS DISTRICT DAILY COUNTS
k
FRESH POT
SW
11th
Punch Bowl Social
r
Star
2nd
MULTNOMAH WHISKEY LIBRARY RISTORANTE ROMA
Block 216 Redevelopment
Alde
SW
Pine
3rd
SW
13th
ECHO AUDIO
PIONEER PLACE I I H&M Forever XXI Regal Cinemas
ngto
SW
Gap Talbots Kate Spade BCBG Maxazria Tory Burch
SW
BLACK ROOSTER CAFE TENDER LOVING EMPIRE
SW
PIONEER PLACE I
Was hi
5th
SW
(2019)
SALON NYLA
Post Office
SW
MA & PA GROCERY
J. Crew Chico’s Juicy Couture Louis Vuitton Coach Bebe
Oak
n
CRA
DOWNTOWN PORTLAND | CLOSE-IN
SW Was h
ingt on
MULTNOMAH WHISKEY LIBRARY
Alder St Food Cart Pod FRESH POT
11th & Morrison Office & Retail Redevelopment
6,751 adt SW A
Woodlark & Cornelius Hotel Redevelopment
lder
SITE
JUDITH ARNELL ZELDA’S SHOE BAR
AZUMANO TRAVEL
9,871 adt orri
th A ve
18,100 adt
SW Tayl or
Pioneer Courthouse
Pioneer Place I
SW 4
URBAN FAUNA
10,398 adt
13,977 adt
th A ve
Director Park
Pioneer Courthouse Square
DEPARTURE
th A ve
VIRGINIA CAFE
SW 6
SW B
road
14,680 adt
th A ve
way
ill
SW 5
SW Yam h
Library
Park Ave West
SW P
SW 9
SW 10t h
son
Garage Redevelopment 790 Parking Spaces
PUBLIC DOMAIN
MICHAEL ALLEN
Ave
SW M
ark
SAYSAY BOUTIQUE
Ave
SW 11t h
Ave
Redevelopment
n
SW S
alm
on
Pioneer Place II
CRA
SITE PLAN EAST ELEVATION | LOCATION | 800 SW ALDER ST 808 SW Alder St Portland, OR 97205
Project 215323
(E) ELEVATOR ENCLOSURE, WITH STUCCO FINISH REPAINT 'BENJAMIN MOORE 2016-20'
(E) CAP FLASHING TO REMAIN (E) TILE ROOF (SPANISH STYLE, METAL TILES) TO REMAIN
T.O. Parapet 148' - 10"Æ High Roof 145' - 2"Æ
(E) CORNICE AND DETAILS, REPAINT 'BENJAMIN MOORE 1596'
Low Roof 141' - 3"Æ
(E) BUIDLING ENCLOSURE, WITH STUCCO FINISH, REPAINT 'BENJAMIN MOORE 2016-20' (N) STOREFRONT WINDOWS TO MATCH KAWNEER TRIBAB 451 WITH GLASSvent WINDOWS, BLACK FINISH. TYPICAL ALL WINDOWS.
3rd Floor 129' - 2"Æ (N) APPLIED MOLDING, PAINT 'BENJAMIN MOORE 1596'
(E) TRIM, REPAINT 'BENJAMIN MOORE 1596'
2nd Floor 116' - 6"Æ
(N) GLAZED CANOPY WITH ALUMINUM STRUCTURE. (E) BUIDLING ENCLOSURE, WITH NEW CUSTOM BRICK TILE. GLAZED BRICK TILE COLOR TO BE SIMILAR TO 'BENJAMIN MOORE 2016-20'
(N) GLAZED CANOPY WITH ALUMINUM STRUCTURE.
(N) STEM WALL WITH BLACK MARBLE PENTAL "NERO MARQUINA," HONED FINISH
August 31, 2016
COLORED EAST ELEVATION
(N) STOREFRONT WINDOWS TO MATCH KAWNEER TRIBAB 451. TYPICAL ALL WINDOWS FIRST FLOOR WINDOWS.
1st Floor 100' - 0"Æ 0'-0"Œ
AR C HITE C T S
DR-1
CRA 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.
NORTH ELEVATION | 800 SW ALDER ST
808 SW Alder St Portland, OR 97205
Project 215323
(E) ELEVATOR ENCLOSURE, WITH STUCCO FINISH REPAINT 'BENJAMIN MOORE 1596'
(E) CAP FLASHING TO REMAIN (E) TILE ROOF (SPANISH STYLE, METAL TILES) TO REMAIN
T.O. Parapet 148' - 10"Æ High Roof 145' - 2"Æ
(E) CORNICE AND DETAILS, REPAINT 'BENJAMIN MOORE 1596'
Low Roof 141' - 3"Æ
(E) BUIDLING ENCLOSURE, WITH STUCCO FINISH, REPAINT 'BENJAMIN MOORE 2016-20' (N) STOREFRONT WINDOWS TO MATCH KAWNEER TRIBAB 451 WITH GLASSvent WINDOWS, BLACK FINISH. TYPICAL ALL WINDOWS.
3rd Floor 129' - 2"Æ
(N) APPLIED MOLDING, PAINT 'BENJAMIN MOORE 1596'
(E) TRIM, REPAINT 'BENJAMIN MOORE 1596'
2nd Floor 116' - 6"Æ
(E) BUIDLING ENCLOSURE, WITH NEW CUSTOM BRICK TILE. GLAZED BRICK TILE COLOR TO BE SIMILAR TO 'BENJAMIN MOORE 2016-20'
(N) "THE GALT" BUILDING SIGN (N) GLAZED CANOPY WITH ALUMINUM STRUCTURE. (N) FRAMELESS GLASS ENTRY DOORS WITH A METAL PANEL SURROUND. BASE IS BLACK MARBLE TO MATCH OTHER STOREFRONT BASES.
(N) STOREFRONT WINDOWS TO MATCH KAWNEER TRIBAB 451 TYPICAL ALL WINDOWS FIRST FLOOR WINDOWS.
(N) STEM WALL WITH BLACK MARBLE PENTAL "NERO MARQUINA," HONED FINISH
August 31, 2016
COLORED NORTH ELEVATION
1st Floor 100' - 0"Æ 0'-0"Œ (N) BLACK MARBLE TILE PANEL, PENTAL "NERO MARQUINA," HONED FINISH
AR C HITE C T S
DR-15
CRA 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 PLAN | GROUND FLOOR
DN
Stair 1 103 Lobby 106 209 SF
UP
Cooridor 105 146 SF
DN
Future Tenant Space 101 4012 SF
UP
Stair 2 104
DN
DN
N 0
:56 PM
n SHEET TITLE:
4'
8'
16'
Plan North
CRA
First Floor Lease Plan
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.
720 NW Davis Suite 300
PROJECT NAME:
808 SW Alder Street
PROJECT NUMBER:
215323
PORTLAND, OREGON
CRA
FULL PROFILE 2000-2010 Census, 2016 Estimates with 2021 Projections Calculated using Weighted Block Centroid from Block Groups
Lat/Lon: 45.5201/-122.6805 RF1
800 SW Alder St 1 Mile
3 Miles
5 Miles
INCOME
2016 Estimated Population 2021 Projected Population 2010 Census Population 2000 Census Population Projected Annual Growth 2016 to 2021 Historical Annual Growth 2000 to 2016
41,950 44,732 36,675 26,506 1.3% 3.6%
165,094 176,540 148,942 131,901 1.4% 1.6%
407,004 433,834 380,421
2016 Estimated Households 2021 Projected Households
26,211 27,737
86,181 91,091
2010 Census Households 2000 Census Households Projected Annual Growth 2016 to 2021 Historical Annual Growth 2000 to 2016
22,654 17,054 1.2% 3.4%
76,355 66,691 1.1% 1.8%
189,484 200,275 175,069 159,337 1.1% 1.2%
2016 Est. Population Under 10 Years 2016 Est. Population 10 to 19 Years 2016 Est. Population 20 to 29 Years 2016 Est. Population 30 to 44 Years 2016 Est. Population 45 to 59 Years 2016 Est. Population 60 to 74 Years 2016 Est. Population 75 Years or Over 2016 Est. Median Age
3.1% 5.3% 28.1% 27.5% 17.7% 14.4% 3.9% 36.0
7.5% 6.4% 20.2% 29.6% 18.1% 13.9% 4.3% 37.1
9.6% 8.1% 16.0% 28.4% 19.0% 14.0% 4.9% 37.7
2016 Est. Male Population 2016 Est. Female Population
55.6% 44.4%
50.8% 49.2%
49.5% 50.5%
2016 Est. Never Married 2016 Est. Now Married 2016 Est. Separated or Divorced 2016 Est. Widowed
55.6% 19.2% 21.6% 3.6%
47.3% 31.9% 17.0% 3.9%
41.8% 37.1% 16.7% 4.4%
2016 Est. HH Income $200,000 or More 2016 Est. HH Income $150,000 to $199,999 2016 Est. HH Income $100,000 to $149,999 2016 Est. HH Income $75,000 to $99,999 2016 Est. HH Income $50,000 to $74,999 2016 Est. HH Income $35,000 to $49,999 2016 Est. HH Income $25,000 to $34,999 2016 Est. HH Income $15,000 to $24,999 2016 Est. HH Income Under $15,000 2016 Est. Average Household Income 2016 Est. Median Household Income 2016 Est. Per Capita Income
7.1% 3.8% 9.9% 10.0% 12.4% 10.7% 9.9% 11.0% 25.1% $71,908 $46,603 $46,265
10.5% 6.1% 13.0% 11.3% 13.6% 11.5% 9.2% 9.1% 15.8% $89,709 $65,674 $47,288
9.0% 6.4% 14.9% 12.5% 15.8% 12.0% 8.6% 8.1% 12.6% $88,764 $68,535 $41,637
2016 Est. Total Businesses 2016 Est. Total Employees
8,936 117,241
20,738 240,951
30,924 325,998
©2016, Sites USA, Chandler, Arizona, 480-491-1112
page 1 of 3
353,892 1.3% 0.9%
This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.
MARITAL STATUS & GENDER
AGE
HOUSEHOLDS
POPULATION
Portland, OR
Demographic Source: Applied Geographic Solutions 04/2016, TIGER Geography
FULL PROFILE 2000-2010 Census, 2016 Estimates with 2021 Projections Calculated using Weighted Block Centroid from Block Groups
Lat/Lon: 45.5201/-122.6805 RF1
800 SW Alder St 1 Mile
3 Miles
5 Miles
80.6% 5.7%
2016 Est. Hispanic Population 2016 Est. Hispanic Population 2021 Proj. Hispanic Population
2,412 5.7% 6.3%
9,238 5.6% 6.2%
26,404
2010 Hispanic Population
5.8%
5.5%
6.2%
2016 Est. Adult Population (25 Years or Over) 2016 Est. Elementary (Grade Level 0 to 8) 2016 Est. Some High School (Grade Level 9 to 11) 2016 Est. High School Graduate 2016 Est. Some College 2016 Est. Associate Degree Only 2016 Est. Bachelor Degree Only 2016 Est. Graduate Degree
32,898 1.2% 3.7% 8.6% 20.1% 5.9% 33.6% 26.9%
129,355 1.3% 2.5% 9.2% 18.7% 5.9% 34.7% 27.7%
308,521 1.9% 2.8% 11.8% 20.1% 6.4% 33.1% 23.9%
HOUSING
2016 Est. Total Housing Units 2016 Est. Owner-Occupied 2016 Est. Renter-Occupied 2016 Est. Vacant Housing
27,846 17.5% 76.6% 5.9%
89,750 36.0% 60.0% 4.0%
195,739 49.2% 47.6% 3.2%
2010 Homes Built 2005 or later 2010 Homes Built 2000 to 2004 2010 Homes Built 1990 to 1999 2010 Homes Built 1980 to 1989 2010 Homes Built 1970 to 1979 2010 Homes Built 1960 to 1969 2010 Homes Built 1950 to 1959 2010 Homes Built Before 1949
10.8% 11.0% 14.1% 10.2% 10.9% 7.8% 6.4% 28.8%
7.2% 6.5% 11.2% 7.7% 12.2% 8.3% 8.2% 38.7%
6.0% 5.8% 10.5% 7.4% 13.3%
6.3% 23.2% 10.4% 22.0% 22.7% 8.0% 3.5% 1.7% 0.8% 1.5% $372,636
3.5% 24.3% 14.9% 22.3% 20.2% 7.0% 3.6% 1.6% 1.0% 1.4% $396,159
1.9% 15.8% 12.7% 24.5% 28.5% 8.6% 4.1% 1.5% 0.9% 1.4% $345,816
$761
$775
$776
HISPANIC EDUCATION (Adults 25 or Older) HOME VALUES
2016 Est. White 2016 Est. Black 2016 Est. Asian or Pacific Islander 2016 Est. American Indian or Alaska Native 2016 Est. Other Races
2010 Home Value $1,000,000 or More 2010 Home Value $500,000 to $999,999 2010 Home Value $400,000 to $499,999 2010 Home Value $300,000 to $399,999 2010 Home Value $200,000 to $299,999 2010 Home Value $150,000 to $199,999 2010 Home Value $100,000 to $149,999 2010 Home Value $50,000 to $99,999 2010 Home Value $25,000 to $49,999 2010 Home Value Under $25,000 2010 Median Home Value 2010 Median Rent
©2016, Sites USA, Chandler, Arizona, 480-491-1112
page 2 of 3
6.0% 0.7% 6.9%
6.5% 7.2%
8.9% 10.4% 37.9%
This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.
82.3% 5.5% 5.6% 0.7% 6.0%
RACE
80.6% 4.1% 8.2% 0.9% 6.2%
HOMES BUILT BY YEAR
Portland, OR
Demographic Source: Applied Geographic Solutions 04/2016, TIGER Geography
FULL PROFILE 2000-2010 Census, 2016 Estimates with 2021 Projections Calculated using Weighted Block Centroid from Block Groups
Lat/Lon: 45.5201/-122.6805 RF1
800 SW Alder St 1 Mile
3 Miles
5 Miles
146,988 67.1% 3.0% 29.9% 50.9% 49.1%
349,287 67.1% 2.9%
2010 Occupation: Population Age 16 Years or Over
19,117
81,870
2010 Mgmt, Business, & Financial Operations 2010 Professional, Related 2010 Service 2010 Sales, Office 2010 Farming, Fishing, Forestry 2010 Construction, Extraction, Maintenance 2010 Production, Transport, Material Moving 2010 White Collar Workers 2010 Blue Collar Workers
18.5% 30.9% 15.5% 25.0% 0.3% 2.7% 7.1% 74.4% 25.6%
19.0% 33.7% 15.8% 21.1% 0.5% 3.4% 6.6% 73.8% 26.2%
202,496 18.1% 31.9% 16.0% 21.9% 0.4%
2010 Drive to Work Alone 2010 Drive to Work in Carpool 2010 Travel to Work by Public Transportation 2010 Drive to Work on Motorcycle 2010 Walk or Bicycle to Work 2010 Other Means 2010 Work at Home
34.4% 2.6% 22.3% 0.2% 31.1% 0.8% 8.6%
48.7% 5.6% 15.6% 0.4% 20.4% 0.6% 8.7%
57.4% 7.2% 13.0% 0.4% 14.0% 0.5% 7.6%
TRAVEL TIME
2010 Travel to Work in 14 Minutes or Less 2010 Travel to Work in 15 to 29 Minutes 2010 Travel to Work in 30 to 59 Minutes 2010 Travel to Work in 60 Minutes or More 2010 Average Travel Time to Work
31.7% 42.4% 20.7% 5.1% 19.0
27.7% 46.3% 21.8% 4.3% 19.7
24.2% 46.7%
2016 Est. Total Household Expenditure 2016 Est. Apparel 2016 Est. Contributions, Gifts 2016 Est. Education, Reading 2016 Est. Entertainment 2016 Est. Food, Beverages, Tobacco 2016 Est. Furnishings, Equipment 2016 Est. Health Care, Insurance 2016 Est. Household Operations, Shelter, Utilities 2016 Est. Miscellaneous Expenses 2016 Est. Personal Care 2016 Est. Transportation
$1.44 B $50.4 M $101 M $61.1 M $79.6 M $220 M $48.9 M $128 M $452 M $21.7 M $18.8 M $260 M
$5.55 B $195 M $412 M $240 M $311 M $831 M $193 M $480 M $1.73 B $81.4 M $72.0 M $1.01 B
$12.2 B
OCCUPATION TRANSPORTATION TO WORK
©2016, Sites USA, Chandler, Arizona, 480-491-1112
page 3 of 3
30.0% 49.3% 50.7%
4.0% 7.6% 71.9% 28.1%
24.8% 4.3% 20.9
$427 M $887 M $514 M
This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty.
40,226 62.4% 3.8% 33.9% 55.8% 44.2%
LABOR FORCE
2016 Est. Labor Population Age 16 Years or Over 2016 Est. Civilian Employed 2016 Est. Civilian Unemployed 2016 Est. in Armed Forces 2016 Est. not in Labor Force 2016 Labor Force Males 2016 Labor Force Females
CONSUMER EXPENDITURE
Portland, OR
$684 M $1.83 B $425 M $1.05 B $3.78 B $178 M $158 M $2.25 B
Demographic Source: Applied Geographic Solutions 04/2016, TIGER Geography