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TRANSCRIPT
04.14.202004.14.2020
Office Condo Units for Sale in New DevelopmentAVAILABLE INDIVIDUALLY OR TOGETHER • 6-STORY OFFICE BUILDINGCONFLUENCE OF I-5, THE DOWNTOWN AREA AND THE WATERFRONT
2839 SW 2nd Avenue, Portland OR, 97201Tel: 503.222.1655 - www.REIG.com
PRIME LOCATION IN DOWNTOWN VANCOUVER, WA
Office Condos in the Opportunity Zone
Hurley Building Office Condos275 WEST 3RD STREET, VANCOUVER WA
Office Condos For Sale in Six-Story DevelopmentTwo Units Available - 3,431 RSF | 2,696 RSFDowntown Vancouver, WAOPPORTUNITY ZONE
04 . 14 . 2020
Licensed in OR & WA
DELIVEREDBRAND-NEW OFFICE CONDOS
Nicholas G. [email protected]
McCoy [email protected]
George N. [email protected]
TWO UNITS FOR SALE
2nd Floor Available
PAGE 2The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy.
• 2nd-Floor Office Condos for Sale in Downtown Vancouver (Opportunity Zone)• Units Available Individually or Together
• “Gateway to Vancouver” at the Confluence of Interstate 5, the Downtown Core and the Waterfront• Central Location Two Blocks to the Columbia River, Hyatt Hotel, Hilton Hotel; Three Blocks to Esther Short Park and the Vancouver WA Central Business District’s Shopping and Amenities• Numerous Area Development Projects including The Waterfront ($1.5B, 32 Acres) and the Port of Vancouver Terminal 1 Redevelopment
• Condo I: 3,431 RSF + 670 SF Balcony | $1,622,000 ($472/SF)
• Condo II: 2,968 RSF + 465 SF Balcony | $1,403,000 ($472/SF)
• Complete Condo Ownership - Units Delivered at Cold Shell
Units for Sale in Office Condo Development • Full Unit Ownership • Opportunity Zone
OFFICE OPPORTUNITYPresented Exclusively by Real Estate Investment Group& Capacity Commercial Group
Sale Offering
SALE HIGHLIGHTS
PRICING: INDIVIDUAL
Hurley Office Condos275 WEST 3RD STREET, VANCOUVER WA
AVAILABLE NOWCONSTRUCTION COMPLETE!
CONDO #1
CONDO #2ESTHER SHORT
PARK
PORT OF VANCOUVERTERMINAL 1 REDEVELOPMENT
32-ACRE DEVELOPMENTPHASE I DELIVERED
• 32,000 Sq. Ft. Office Building with Ground-Floor Parking & Additional On-Site Surface Parking
1$1,622,000 ($472 / SF)
2
3,431 RSF (3,116 NET) + 670 SF BALCONY
2,968 RSF (2,696 NET) + 465 SF BALCONY
$1,403,000 ($472 / SF)
FLOOR INTERIOR
Office Condo Purchase Opportunity
Hurley Building Office Condos
PAGE 3The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy.
DN
UP
UP
R.R.204
670 SF
BALCONY201
R.R.205
ELEC203
465 SF
BALCONY202
ELEV.E201
STAIRS201
S201
STAIRS202
205
204
203
206
DASHED AREA SHOWN FOR REFERENCE ONLY. FUTURE BUILD-OUT BY FUTURE TENANT/OWNER
NET USABLE SFTENANT SUITE 1: 3,116 SF
NET USABLE SFTENANT SUITE 2: 2,696 SF
TENANT LEVEL SF: 6,467 SF SUITE 1: 3,116 SF SUITE 2: 2,696 SF
COMMON SPACE: 658 SF
Scale
LSW Architects, PC610 Esther St., Suite 200Vancouver, WA 98660
360.694.8571LSW-Architects.com
drawn by
issue date
revisions
checked by
lsw job number
ANY REPRODUCTION AND/OR MODIFICATION IN ANY FORM OF THIS DOCUMENT IS PROHIBITED WITHOUT THE WRITTEN
PERMISSION OF LSW ARCHITECTS, PC
1/8" = 1'-0"2/13
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7/25/2019
Author
DEMISINGEXHIBIT
BID SET
Checker
LEVEL 2 TENANT BOUNDARY PLAN
NOTES:1. REFERENCE ARCHITECTURAL
DRAWINGS FOR WALL TYPICAL WALL TYPES, SHEET A-601
2. REFERENCE ARCHITECTURAL DRAWING SET FOR RESTOOM INTERIOR ELEVATIONS, SHEET A-401.
FLOOR & PARKING PLAN
FOR SALEINDIVIDUALLY OR TOGETHEROffice Condos on 1st Floor(Building Level II)+ Access to 2 Balcony Spaces
BALCONY670 SF
BALCONY465 SF
GARAGE + BICYCLE PARKINGGROUND FLOOR COVERED
SURFACE PARKING
AVAILABLE NOWCONSTRUCTION COMPLETE!
CONDO #1
CONDO #21
$1,622,000 ($472 / SF)
$1,403,000 ($472 / SF)
2
3,431 RSF (3,116 NET) + 670 SF BALCONY
2,968 RSF (2,696 NET) + 465 SF BALCONY
Office Condo Purchase Opportunity
Hurley Building Office Condos
PAGE 4The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy.
FLOOR INTERIOR
GRADE-LEVEL PARKING
FLOOR INTERIOR
SUITE BALCONY
PHOTOS
Office Condo Purchase Opportunity
Hurley Building Office Condos
PAGE 5The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy.
THE WATERFRONT VANCOUVER EAST
32 ACRES • Est. $1.5 BILLIONPHASE I DELIVERED FALL 2018
DOWNTOWN VANCOUVER
PORT OF VANCOUVERTERMINAL 1 REDEVELOPMENT
INDUSTRIALSECTOR
FORT VANCOUVERHISTORIC SITE
PEARSON FIELDAIRPORT
HURLEY BUILDING
Vancouver by the Numbers
171,393 POPULATION81,286 EMPLOYEES$55,593 MED. HOUSEHOLD INCOME
36.6 MEDIAN RESIDENT AGE
Washington
AREA MAP
Portland OR
FULL PROFILE2000-2010 Census, 2019 Estimates with 2024 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 45.6234/-122.6737
275 W 3rd St1 mi radius 3 mi radius 5 mi radius
Vancouver, WA 98660
POPU
LATI
ON
2019 Estimated Population 0 T 6,980 62,633 229,2552024 Projected Population 0 T 7,517 68,230 244,6062010 Census Population 0 T 5,690 56,272 205,1562000 Census Population 0 T 4,948 52,936 189,835Projected Annual Growth 2019 to 2024 - 1.5% 1.8% 1.3%Historical Annual Growth 2000 to 2019 - 2.2% 1.0% 1.1%
HO
USE
HO
LDS
2019 Estimated Households 0 T 3,577 27,667 95,0442024 Projected Households 0 T 3,862 29,836 101,7532010 Census Households 0 T 2,749 24,212 83,6442000 Census Households 0 T 2,151 22,230 74,604Projected Annual Growth 2019 to 2024 - 1.6% 1.6% 1.4%Historical Annual Growth 2000 to 2019 - 3.5% 1.3% 1.4%
AG
E
2019 Est. Population Under 10 Years - 7.1% 11.8% 11.6%2019 Est. Population 10 to 19 Years - 7.0% 10.2% 10.7%2019 Est. Population 20 to 29 Years - 16.6% 15.7% 15.6%2019 Est. Population 30 to 44 Years - 18.4% 20.8% 24.3%2019 Est. Population 45 to 59 Years - 18.7% 18.8% 17.6%2019 Est. Population 60 to 74 Years - 22.8% 16.3% 14.5%2019 Est. Population 75 Years or Over - 9.4% 6.4% 5.8%2019 Est. Median Age 44.4 37.9 36.8
MA
RIT
AL
STA
TUS
& G
END
ER
2019 Est. Male Population - 52.5% 49.9% 49.2%2019 Est. Female Population - 47.5% 50.1% 50.8%
2019 Est. Never Married - 34.6% 33.8% 38.7%2019 Est. Now Married - 27.2% 38.4% 38.9%2019 Est. Separated or Divorced - 32.7% 23.5% 18.4%2019 Est. Widowed - 5.5% 4.3% 4.0%
INC
OM
E
2019 Est. HH Income $200,000 or More - 4.7% 3.7% 4.8%2019 Est. HH Income $150,000 to $199,999 - 6.8% 5.6% 7.4%2019 Est. HH Income $100,000 to $149,999 - 12.0% 13.1% 15.3%2019 Est. HH Income $75,000 to $99,999 - 13.3% 14.7% 15.4%2019 Est. HH Income $50,000 to $74,999 - 14.3% 19.6% 18.8%2019 Est. HH Income $35,000 to $49,999 - 11.2% 13.1% 12.5%2019 Est. HH Income $25,000 to $34,999 - 9.1% 8.9% 7.6%2019 Est. HH Income $15,000 to $24,999 - 12.1% 10.3% 8.4%2019 Est. HH Income Under $15,000 - 16.4% 10.8% 9.7%2019 Est. Average Household Income $0 T $70,034 $72,256 $82,0622019 Est. Median Household Income $0 T $53,104 $59,644 $67,5952019 Est. Per Capita Income $0 T $38,588 $32,290 $34,293
2019 Est. Total Businesses 0 T 1,851 4,357 11,7042019 Est. Total Employees 0 T 15,576 47,451 126,605
FULL PROFILE2000-2010 Census, 2019 Estimates with 2024 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 45.6234/-122.6737
275 W 3rd St1 mi radius 3 mi radius 5 mi radius
Vancouver, WA 98660
POPU
LATI
ON
2019 Estimated Population 0 T 6,980 62,633 229,2552024 Projected Population 0 T 7,517 68,230 244,6062010 Census Population 0 T 5,690 56,272 205,1562000 Census Population 0 T 4,948 52,936 189,835Projected Annual Growth 2019 to 2024 - 1.5% 1.8% 1.3%Historical Annual Growth 2000 to 2019 - 2.2% 1.0% 1.1%
HO
USE
HO
LDS
2019 Estimated Households 0 T 3,577 27,667 95,0442024 Projected Households 0 T 3,862 29,836 101,7532010 Census Households 0 T 2,749 24,212 83,6442000 Census Households 0 T 2,151 22,230 74,604Projected Annual Growth 2019 to 2024 - 1.6% 1.6% 1.4%Historical Annual Growth 2000 to 2019 - 3.5% 1.3% 1.4%
AG
E
2019 Est. Population Under 10 Years - 7.1% 11.8% 11.6%2019 Est. Population 10 to 19 Years - 7.0% 10.2% 10.7%2019 Est. Population 20 to 29 Years - 16.6% 15.7% 15.6%2019 Est. Population 30 to 44 Years - 18.4% 20.8% 24.3%2019 Est. Population 45 to 59 Years - 18.7% 18.8% 17.6%2019 Est. Population 60 to 74 Years - 22.8% 16.3% 14.5%2019 Est. Population 75 Years or Over - 9.4% 6.4% 5.8%2019 Est. Median Age 44.4 37.9 36.8
MA
RIT
AL
STA
TUS
& G
END
ER
2019 Est. Male Population - 52.5% 49.9% 49.2%2019 Est. Female Population - 47.5% 50.1% 50.8%
2019 Est. Never Married - 34.6% 33.8% 38.7%2019 Est. Now Married - 27.2% 38.4% 38.9%2019 Est. Separated or Divorced - 32.7% 23.5% 18.4%2019 Est. Widowed - 5.5% 4.3% 4.0%
INC
OM
E
2019 Est. HH Income $200,000 or More - 4.7% 3.7% 4.8%2019 Est. HH Income $150,000 to $199,999 - 6.8% 5.6% 7.4%2019 Est. HH Income $100,000 to $149,999 - 12.0% 13.1% 15.3%2019 Est. HH Income $75,000 to $99,999 - 13.3% 14.7% 15.4%2019 Est. HH Income $50,000 to $74,999 - 14.3% 19.6% 18.8%2019 Est. HH Income $35,000 to $49,999 - 11.2% 13.1% 12.5%2019 Est. HH Income $25,000 to $34,999 - 9.1% 8.9% 7.6%2019 Est. HH Income $15,000 to $24,999 - 12.1% 10.3% 8.4%2019 Est. HH Income Under $15,000 - 16.4% 10.8% 9.7%2019 Est. Average Household Income $0 T $70,034 $72,256 $82,0622019 Est. Median Household Income $0 T $53,104 $59,644 $67,5952019 Est. Per Capita Income $0 T $38,588 $32,290 $34,293
2019 Est. Total Businesses 0 T 1,851 4,357 11,7042019 Est. Total Employees 0 T 15,576 47,451 126,605
FULL PROFILE2000-2010 Census, 2019 Estimates with 2024 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 45.6234/-122.6737
275 W 3rd St1 mi radius 3 mi radius 5 mi radius
Vancouver, WA 98660
POPU
LATI
ON
2019 Estimated Population 0 T 6,980 62,633 229,2552024 Projected Population 0 T 7,517 68,230 244,6062010 Census Population 0 T 5,690 56,272 205,1562000 Census Population 0 T 4,948 52,936 189,835Projected Annual Growth 2019 to 2024 - 1.5% 1.8% 1.3%Historical Annual Growth 2000 to 2019 - 2.2% 1.0% 1.1%
HO
USE
HO
LDS
2019 Estimated Households 0 T 3,577 27,667 95,0442024 Projected Households 0 T 3,862 29,836 101,7532010 Census Households 0 T 2,749 24,212 83,6442000 Census Households 0 T 2,151 22,230 74,604Projected Annual Growth 2019 to 2024 - 1.6% 1.6% 1.4%Historical Annual Growth 2000 to 2019 - 3.5% 1.3% 1.4%
AG
E
2019 Est. Population Under 10 Years - 7.1% 11.8% 11.6%2019 Est. Population 10 to 19 Years - 7.0% 10.2% 10.7%2019 Est. Population 20 to 29 Years - 16.6% 15.7% 15.6%2019 Est. Population 30 to 44 Years - 18.4% 20.8% 24.3%2019 Est. Population 45 to 59 Years - 18.7% 18.8% 17.6%2019 Est. Population 60 to 74 Years - 22.8% 16.3% 14.5%2019 Est. Population 75 Years or Over - 9.4% 6.4% 5.8%2019 Est. Median Age 44.4 37.9 36.8
MA
RIT
AL
STA
TUS
& G
END
ER
2019 Est. Male Population - 52.5% 49.9% 49.2%2019 Est. Female Population - 47.5% 50.1% 50.8%
2019 Est. Never Married - 34.6% 33.8% 38.7%2019 Est. Now Married - 27.2% 38.4% 38.9%2019 Est. Separated or Divorced - 32.7% 23.5% 18.4%2019 Est. Widowed - 5.5% 4.3% 4.0%
INC
OM
E
2019 Est. HH Income $200,000 or More - 4.7% 3.7% 4.8%2019 Est. HH Income $150,000 to $199,999 - 6.8% 5.6% 7.4%2019 Est. HH Income $100,000 to $149,999 - 12.0% 13.1% 15.3%2019 Est. HH Income $75,000 to $99,999 - 13.3% 14.7% 15.4%2019 Est. HH Income $50,000 to $74,999 - 14.3% 19.6% 18.8%2019 Est. HH Income $35,000 to $49,999 - 11.2% 13.1% 12.5%2019 Est. HH Income $25,000 to $34,999 - 9.1% 8.9% 7.6%2019 Est. HH Income $15,000 to $24,999 - 12.1% 10.3% 8.4%2019 Est. HH Income Under $15,000 - 16.4% 10.8% 9.7%2019 Est. Average Household Income $0 T $70,034 $72,256 $82,0622019 Est. Median Household Income $0 T $53,104 $59,644 $67,5952019 Est. Per Capita Income $0 T $38,588 $32,290 $34,293
2019 Est. Total Businesses 0 T 1,851 4,357 11,7042019 Est. Total Employees 0 T 15,576 47,451 126,605
FULL PROFILE2000-2010 Census, 2019 Estimates with 2024 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 45.6234/-122.6737
275 W 3rd St1 mi radius 3 mi radius 5 mi radius
Vancouver, WA 98660
POPU
LATI
ON
2019 Estimated Population 0 T 6,980 62,633 229,2552024 Projected Population 0 T 7,517 68,230 244,6062010 Census Population 0 T 5,690 56,272 205,1562000 Census Population 0 T 4,948 52,936 189,835Projected Annual Growth 2019 to 2024 - 1.5% 1.8% 1.3%Historical Annual Growth 2000 to 2019 - 2.2% 1.0% 1.1%
HO
USE
HO
LDS
2019 Estimated Households 0 T 3,577 27,667 95,0442024 Projected Households 0 T 3,862 29,836 101,7532010 Census Households 0 T 2,749 24,212 83,6442000 Census Households 0 T 2,151 22,230 74,604Projected Annual Growth 2019 to 2024 - 1.6% 1.6% 1.4%Historical Annual Growth 2000 to 2019 - 3.5% 1.3% 1.4%
AG
E
2019 Est. Population Under 10 Years - 7.1% 11.8% 11.6%2019 Est. Population 10 to 19 Years - 7.0% 10.2% 10.7%2019 Est. Population 20 to 29 Years - 16.6% 15.7% 15.6%2019 Est. Population 30 to 44 Years - 18.4% 20.8% 24.3%2019 Est. Population 45 to 59 Years - 18.7% 18.8% 17.6%2019 Est. Population 60 to 74 Years - 22.8% 16.3% 14.5%2019 Est. Population 75 Years or Over - 9.4% 6.4% 5.8%2019 Est. Median Age 44.4 37.9 36.8
MA
RIT
AL
STA
TUS
& G
END
ER
2019 Est. Male Population - 52.5% 49.9% 49.2%2019 Est. Female Population - 47.5% 50.1% 50.8%
2019 Est. Never Married - 34.6% 33.8% 38.7%2019 Est. Now Married - 27.2% 38.4% 38.9%2019 Est. Separated or Divorced - 32.7% 23.5% 18.4%2019 Est. Widowed - 5.5% 4.3% 4.0%
INC
OM
E
2019 Est. HH Income $200,000 or More - 4.7% 3.7% 4.8%2019 Est. HH Income $150,000 to $199,999 - 6.8% 5.6% 7.4%2019 Est. HH Income $100,000 to $149,999 - 12.0% 13.1% 15.3%2019 Est. HH Income $75,000 to $99,999 - 13.3% 14.7% 15.4%2019 Est. HH Income $50,000 to $74,999 - 14.3% 19.6% 18.8%2019 Est. HH Income $35,000 to $49,999 - 11.2% 13.1% 12.5%2019 Est. HH Income $25,000 to $34,999 - 9.1% 8.9% 7.6%2019 Est. HH Income $15,000 to $24,999 - 12.1% 10.3% 8.4%2019 Est. HH Income Under $15,000 - 16.4% 10.8% 9.7%2019 Est. Average Household Income $0 T $70,034 $72,256 $82,0622019 Est. Median Household Income $0 T $53,104 $59,644 $67,5952019 Est. Per Capita Income $0 T $38,588 $32,290 $34,293
2019 Est. Total Businesses 0 T 1,851 4,357 11,7042019 Est. Total Employees 0 T 15,576 47,451 126,605
AREA
DEM
OGRA
PHIC
S
*Demographic Information, Traffic Counts, and Merchant Locations are Provided by REGIS Online at SitesUSA.com
Office Condo Purchase Opportunity
Hurley Building Office Condos
PAGE 6The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy.
DO NOT DISTURB TENANT(S) OR INDIVIDUALS ON PREMISES REGARDING THIS L IST ING - PLEASE DIRECT ALL INQUIRIES SOLELY TO THE ATTENTION OF REAL ESTATE INVESTMENT GROUP
GEORGE N. DIAMOND5 0 3 . 2 2 2 . 2 1 7 8G D I AMO N D@RE I G . C OM
NICHOLAS G. DIAMOND5 0 3 . 2 2 2 . 2 6 5 5N D I AMO N D@RE I G . C OM
MCCOY DOERRIE5 0 3 . 5 1 7 . 7 1 2 0MC C OY@CAPA C I T YC OMME R C I A L . C OM
Offering Terms
Broker Contact
O f f e r s s h o u l d b e p r e s e n t e d i n t h e f o r m o f a n o n b i n d i n g l e t t e r o f i n t e n t , s p e l l i n g o u t t h e s i g n i f i c a n t t e r m s a n d c o n d i t i o n s , i n c l u d i n g , b u t n o t l i m i t e d t o :
( 1 ) Asset pr ic ing, (2) Due di l igence and clos ing t ime frame, (3) Earnest money deposit , (4) A descr ipt ion of the debt/equity st ructure, and (5) Qual i f icat ions to c lose
Offers should be del ivered to the attent ion of Real Estate Investment Group.
CONTACT AND OFFERING TERMS