se 11th mor rison - loopnet · 995 sf* 98 sf* 2246 e burnside street #a, , portland or 97214 503...

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FOR LEASE IN PORTLAND, OREGON SE 11TH & 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 Up to 4,981 SF (divisible) production/office/retail 720 & 728 SE 11th Ave | 1105 & 1117 SE Morrison St Available Space Location 1 Mile 3 Mile 5 Mile Est. Population 18,253 201,090 425,011 Population Forecast 2020 19,247 211,533 445,607 Average HH Income $60,242 $79,782 $77,357 Employees 33,380 271,555 363,993 Source: Regis - SitesUSA (2015) Rental Rate Traffic Count Comments Call for details SE Morrison – 18,880 ADT (14) | SE 11th Ave – 9,503 ADT (14) Located in the heart of Portland’s hip Central Eastside, near Distillery Row Great two-level corner retail/office opportunity and adjacent production/warehouse space Rare off-street parking Available early 2016 Please do not disturb current tenants Demographics 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 720 SE 11TH AVENUE 728 SE 11TH AVENUE 1105 SE MORRISON [email protected] ashley@cra-nw.com kathleen healy ashley heichelbech 503.274.0211

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  • F O R L E A S E I N P O R T L A N D , O R E G O N

    SE 11TH & 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

    Up to 4,981 SF (divisible) production/office/retail

    720 & 728 SE 11th Ave | 1105 & 1117 SE Morrison St

    Available Space

    Location

    1 Mile 3 Mile 5 Mile

    Est. Population 18,253 201,090 425,011Population Forecast 2020 19,247 211,533 445,607Average HH Income $60,242 $79,782 $77,357Employees 33,380 271,555 363,993

    Source: Regis - SitesUSA (2015)

    Rental Rate

    Traffic Count

    Comments

    Call for details

    SE Morrison – 18,880 ADT (14) | SE 11th Ave – 9,503 ADT (14)

    • Located in the heart of Portland’s hip Central Eastside, near Distillery Row

    • Great two-level corner retail/office opportunity and adjacent production/warehouse space

    • Rare off-street parking• Available early 2016• Please do not disturb current tenants

    Demographics

    CRA

    Commercial Realty Advisors NW, LLC733 SW Second Avenue, Suite 200

    Portland, Oregon 97204w w w. c r a - nw. c o m

    Licensed brokers in Oregon & Washington

    720 SE 11TH AVENUE

    728 SE 11TH AVENUE

    1105 SE MORRISON

    [email protected]@cra-nw.com

    kathleen healyashley heichelbech

    503.274 .0211

  • FASTBIKES INC.

    ROSE CITYTOBACCO

    MORRISONHOTEL

    PACIFIC COAST

    SIGN CO.

    SWAY BAR

    GRANDCAFE

    SEEK THEUNIQUE

    CASA BELLA GRANITE &

    MARBLE

    APPLE FOODS

    RENOVOBICYCLES

    BOCCI’S ON 7TH

    PORTLAND SCREEN

    PRINTING

    SIGN-UP CORPORATION

    A CONVENIENT CYCLE

    MULTNOMAH COUNTY

    PORTLAND INDOOR SOCCER

    PORTLAND STORE

    FIXTURES

    FUSE DESIGN

    ACTION AUTO GLASS

    MCCOY ELECTRIC

    SEVENTH STREET

    ESPRESSO

    TENNESSEE RED’S

    COOPER CONSTRUCTION

    CELLAR DOOR COFFEE ROASTERS

    FUNHOUSE LOUNGE

    OREGON TILE &

    MARBLE

    OREGON ELECTRIC

    GROUP

    LE BISTROMONTAGE

    CITY LIQUIDATORS

    CLARKLEWISRESTAURANT

    GRAND MARKETPLACE

    BUNK BAR

    DREAM CAKES

    STILE

    SLAMMERSTAVERN

    PRECISIONIMAGES

    THE RED & BLACK CAFE

    BEAKER & FLASK

    THREE FRIENDS COFFEE HOUSE

    JUPITER HOTEL

    PORTLAND ROCK GYM

    WILLAMETTE VALLEY MEAT

    COMPANY

    HIPPOHARDWARE

    OTA TOFU

    BICYCLING HUB

    MR CAR WASH

    EASTEND

    WENTWORTHCHEVROLET

    UNITED FINANCE

    RONTOMS

    TRIO CLUB

    NORSE HALL

    J&M CAFE

    EASTSIDE EXCHANGE

    HOMECONSIGNMENT

    PHOGREEN

    MY FATHER’S PLACEPORTLAND

    MUSIC CO.

    Theater

    CATERING

    PROPOSED

    PROPOSED

    THE REDD

    CLOSE-IN SOUTHEAST

    CRA

    SITE

  • SITE PLAN |1105 SE MORRISON {LOWER LEVEL CORNER SPACE}

    CRA

    1105 SE Morrison St.NORTH

    0 5 10 FT

    995 SF*

    98 SF*

    2246 E Burnside Street, #A, Portland OR 97214503 380 6143v

    2246 E Burnside Street, #A, Portland OR 97214503 380 6143v

    BOMA Lease Plan

    DATE: 12.15.2015 1105 SE Morrison St.Portland Oregon 97214

    SE

    11t

    h Av

    enue

    OFF

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    SE Morrison Street

  • SITE PLAN |728 SE 11TH AVE {2ND LEVEL OFFICE SPACE - CORNER BUILDING}

    CRA

    1,004 SF*

    728 SE 11th Ave.NORTH

    0 5 10 FT

    Upper Floor

    2246 E Burnside Street, #A, Portland OR 97214503 380 6143v

    BOMA Lease Plan

    DATE: 12.15.2015

    DATE: 12.15.2015

    * Areas are actual square footage per "BOMA" boundaries and do not include a load factor for common area.

    DATE: 12.15.2015

    DATE: 12.15.2015

    Common AreaLower Floor

    98 SF*

    728 SE 11th Ave & Portland Oregon 97214

    SE Morrison Street

    SE

    11t

    h Av

    enue

  • SITE PLAN |720 SE 11TH AVE {PRODUCTION/WAREHOUSE - MID-BLOCK}

    CRA

    1,654 SF*

    720 SE 11th Ave.NORTH

    0 5 10 FT

    * Areas are actual square footage per "BOMA" boundaries and do not include a load factor for common area.

    2246 E Burnside Street, #A, Portland OR 97214503 380 6143v

    BOMA Lease Plan

    DATE: 12.15.2015

    DATE: 12.15.2015

    * Areas are actual square footage per "BOMA" boundaries and do not include a load factor for common area.

    720 SE 11th Ave & Portland Oregon 97214

    SE

    11t

    h Av

    enue

    OFF

    -STR

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    RK

    ING

  • SITE PLAN |1117 SE MORRISON {CAN BE COMBINED WITH PRODUCTION/WAREHOUSE}

    CRA

    338 SF*

    1117 #1 & 2 SE Morrison St.NORTH

    0 5 10 FT

    794 SF*

    2246 E Burnside Street, #A, Portland OR 97214503 380 6143v

    DATE: 12.15.2015

    BOMA Lease Plan

    DATE: 12.15.2015

    2246 E Burnside Street, #A, Portland OR 97214503 380 6143v

    * Areas are actual square footage per "BOMA" boundaries and do not include a load factor for common area.

    1117 #1 & 2 SE Morrison St.Portland Oregon 97214

    DOOR

    AND

    RAM

    P

    WIT

    H DI

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    CON

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    TO W

    AREH

    OUSE

    {720

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  • SITE PLAN│11TH & MORRISON {SITE PLAN OVERVIEW}

    CRA

    SE MORRISON ST

    SE 11

    TH A

    VE

    SECOND FLOOROFFICE

    shared trash

    parking/patio space

    SE MORRISON ST

    SE 11

    TH A

    VE

    1105 SE MORRISON

    (LOWER LEVEL CORNER BUILDING)

    (WAREHOUSE/ PRODUCTION)

    728 SE MORRISON

    1115 SE MORRISON

    1117 SE MORRISON

    720 SE 11TH AVE

    single tenant1,220 sf

    SICK STRING GUITAR

    n

  • CRA

    PORTLAND, OREGON

  • Demographic Source: Applied Geographic Solutions 04/2015, TIGER Geography page 1 of 3©2015, Sites USA, Chandler, Arizona, 480-491-1112

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

    Lat/Lon: 45.5172/-122.6547RF1

    SE 11th Ave & SE Morrison St1 Mile 3 Miles 5 Miles

    Portland, OR

    PO

    PU

    LATI

    ON

    2015 Estimated Population 18,253 201,090 425,0112020 Projected Population 19,247 211,533 445,6072010 Census Population 17,518 191,257 408,1232000 Census Population 16,466 173,122 381,587Projected Annual Growth 2015 to 2020 1.1% 1.0% 1.0%Historical Annual Growth 2000 to 2015 0.7% 1.1% 0.8%

    HO

    US

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    OLD

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    2015 Estimated Households 9,746 101,304 194,2982020 Projected Households 10,114 105,515 202,3082010 Census Households 9,315 95,345 185,1202000 Census Households 8,648 85,263 168,925Projected Annual Growth 2015 to 2020 0.8% 0.8% 0.8%Historical Annual Growth 2000 to 2015 0.8% 1.3% 1.0%

    AG

    E

    2015 Est. Population Under 10 Years 6.0% 8.3% 10.0%2015 Est. Population 10 to 19 Years 4.4% 6.6% 8.3%2015 Est. Population 20 to 29 Years 25.7% 19.0% 15.9%2015 Est. Population 30 to 44 Years 35.1% 30.0% 28.4%2015 Est. Population 45 to 59 Years 16.7% 18.4% 19.1%2015 Est. Population 60 to 74 Years 9.7% 13.2% 13.3%2015 Est. Population 75 Years or Over 2.4% 4.4% 4.9%2015 Est. Median Age 33.9 36.9 37.2

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    2015 Est. Male Population 51.9% 50.4% 49.7%2015 Est. Female Population 48.1% 49.6% 50.3%

    2015 Est. Never Married 56.3% 46.5% 41.5%2015 Est. Now Married 22.7% 32.6% 36.5%2015 Est. Separated or Divorced 18.7% 17.0% 17.2%2015 Est. Widowed 2.2% 4.0% 4.8%

    INC

    OM

    E

    2015 Est. HH Income $200,000 or More 3.6% 6.7% 5.5%2015 Est. HH Income $150,000 to $199,999 2.7% 5.3% 4.9%2015 Est. HH Income $100,000 to $149,999 9.8% 13.6% 13.9%2015 Est. HH Income $75,000 to $99,999 8.9% 11.7% 12.2%2015 Est. HH Income $50,000 to $74,999 16.6% 14.9% 17.0%2015 Est. HH Income $35,000 to $49,999 14.0% 12.0% 12.9%2015 Est. HH Income $25,000 to $34,999 11.7% 9.4% 9.8%2015 Est. HH Income $15,000 to $24,999 15.1% 9.8% 9.4%2015 Est. HH Income Under $15,000 17.6% 16.6% 14.4%2015 Est. Average Household Income $60,242 $79,782 $77,3572015 Est. Median Household Income $42,934 $58,634 $59,2492015 Est. Per Capita Income $32,957 $40,625 $35,671

    2015 Est. Total Businesses 3,262 21,548 30,8032015 Est. Total Employees 33,380 271,555 363,993

  • Demographic Source: Applied Geographic Solutions 04/2015, TIGER Geography page 2 of 3©2015, Sites USA, Chandler, Arizona, 480-491-1112

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

    Lat/Lon: 45.5172/-122.6547RF1

    SE 11th Ave & SE Morrison St1 Mile 3 Miles 5 Miles

    Portland, OR

    RA

    CE

    2015 Est. White 87.1% 83.3% 78.9%2015 Est. Black 2.8% 4.7% 5.8%2015 Est. Asian or Pacific Islander 3.7% 5.5% 7.0%2015 Est. American Indian or Alaska Native 0.9% 0.7% 0.8%2015 Est. Other Races 5.6% 5.9% 7.5%

    HIS

    PA

    NIC

    2015 Est. Hispanic Population 1,049 10,856 30,8402015 Est. Hispanic Population 5.7% 5.4% 7.3%2020 Proj. Hispanic Population 6.4% 6.1% 8.1%2010 Hispanic Population 5.7% 5.3% 7.1%

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    2015 Est. Adult Population (25 Years or Over) 18,189 202,773 408,9432015 Est. Elementary (Grade Level 0 to 8) 2.1% 2.5% 4.4%2015 Est. Some High School (Grade Level 9 to 11) 4.6% 4.3% 6.0%2015 Est. High School Graduate 8.9% 8.3% 11.1%2015 Est. Some College 16.5% 14.6% 16.2%2015 Est. Associate Degree Only 5.6% 4.5% 5.1%2015 Est. Bachelor Degree Only 30.7% 26.0% 23.7%2015 Est. Graduate Degree 31.7% 39.8% 33.5%

    HO

    US

    ING 2015 Est. Total Housing Units 10,013 105,251 200,798

    2015 Est. Owner-Occupied 23.0% 39.8% 49.3%2015 Est. Renter-Occupied 74.3% 56.5% 47.5%2015 Est. Vacant Housing 2.7% 3.8% 3.2%

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    R 2010 Homes Built 2005 or later 3.7% 6.4% 5.9%2010 Homes Built 2000 to 2004 4.4% 6.0% 5.6%2010 Homes Built 1990 to 1999 9.6% 10.5% 10.2%2010 Homes Built 1980 to 1989 6.2% 7.1% 7.2%2010 Homes Built 1970 to 1979 12.2% 12.4% 13.2%2010 Homes Built 1960 to 1969 8.1% 8.2% 8.9%2010 Homes Built 1950 to 1959 7.9% 8.2% 11.1%2010 Homes Built Before 1949 47.9% 41.3% 38.0%

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    2010 Home Value $1,000,000 or More 0.6% 2.5% 1.7%2010 Home Value $500,000 to $999,999 21.6% 19.4% 13.1%2010 Home Value $400,000 to $499,999 17.9% 16.0% 11.1%2010 Home Value $300,000 to $399,999 28.9% 24.2% 22.7%2010 Home Value $200,000 to $299,999 18.2% 23.4% 31.3%2010 Home Value $150,000 to $199,999 6.8% 6.9% 11.0%2010 Home Value $100,000 to $149,999 3.0% 3.6% 4.8%2010 Home Value $50,000 to $99,999 0.6% 1.5% 1.6%2010 Home Value $25,000 to $49,999 1.5% 1.0% 0.9%2010 Home Value Under $25,000 0.9% 1.5% 1.7%2010 Median Home Value $369,095 $373,229 $324,5772010 Median Rent $716 $769 $764

  • Demographic Source: Applied Geographic Solutions 04/2015, TIGER Geography page 3 of 3©2015, Sites USA, Chandler, Arizona, 480-491-1112

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

    Lat/Lon: 45.5172/-122.6547RF1

    SE 11th Ave & SE Morrison St1 Mile 3 Miles 5 Miles

    Portland, OR

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    2015 Est. Labor Population Age 16 Years or Over 16,712 176,977 362,1682015 Est. Civilian Employed 73.0% 67.6% 66.4%2015 Est. Civilian Unemployed 3.9% 4.0% 3.9%2015 Est. in Armed Forces - - - 2015 Est. not in Labor Force 23.2% 28.5% 29.7%2015 Labor Force Males 52.3% 50.4% 49.5%2015 Labor Force Females 47.7% 49.6% 50.5%

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    2010 Occupation: Population Age 16 Years or Over 10,970 105,211 213,3562010 Mgmt, Business, & Financial Operations 15.5% 18.1% 16.8%2010 Professional, Related 30.3% 33.3% 30.3%2010 Service 20.1% 16.2% 17.2%2010 Sales, Office 22.4% 21.3% 21.9%2010 Farming, Fishing, Forestry 0.6% 0.4% 0.4%2010 Construction, Extraction, Maintenance 3.9% 3.6% 4.5%2010 Production, Transport, Material Moving 7.2% 7.0% 8.8%2010 White Collar Workers 68.2% 72.8% 69.1%2010 Blue Collar Workers 31.8% 27.2% 30.9%

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    2010 Drive to Work Alone 41.0% 50.0% 57.8%2010 Drive to Work in Carpool 6.3% 6.2% 7.5%2010 Travel to Work by Public Transportation 17.2% 15.4% 13.0%2010 Drive to Work on Motorcycle 1.2% 0.4% 0.4%2010 Walk or Bicycle to Work 26.3% 19.0% 13.3%2010 Other Means 0.3% 0.6% 0.5%2010 Work at Home 7.7% 8.4% 7.4%

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    ME 2010 Travel to Work in 14 Minutes or Less 27.7% 25.8% 23.7%

    2010 Travel to Work in 15 to 29 Minutes 45.7% 46.0% 45.9%2010 Travel to Work in 30 to 59 Minutes 22.5% 23.7% 25.7%2010 Travel to Work in 60 Minutes or More 4.1% 4.4% 4.7%2010 Average Travel Time to Work 19.8 20.3 21.2

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    2015 Est. Total Household Expenditure $480 M $6.03 B $11.3 B2015 Est. Apparel $16.7 M $211 M $396 M2015 Est. Contributions, Gifts $30.9 M $423 M $781 M2015 Est. Education, Reading $18.4 M $249 M $455 M2015 Est. Entertainment $26.5 M $336 M $633 M2015 Est. Food, Beverages, Tobacco $75.0 M $917 M $1.73 B2015 Est. Furnishings, Equipment $15.9 M $207 M $389 M2015 Est. Health Care, Insurance $43.5 M $529 M $996 M2015 Est. Household Operations, Shelter, Utilities $150 M $1.88 B $3.52 B2015 Est. Miscellaneous Expenses $7.34 M $89.5 M $168 M2015 Est. Personal Care $6.29 M $78.5 M $148 M2015 Est. Transportation $89.9 M $1.11 B $2.12 B