FOR LEASE 541 SE BASELINE HILLSBORO, OREGON
Location Located at SE 5th & SE Baseline in downtown Hillsboro Available Space 2,242 SF Rental Rate $18.00/SF/YR, NNN
Comments • Strong daytime population • Close proximity to Tuality Hospital and Intel • Restaurant build-out • Off-street parking traffic counts SE Baseline @ 5th Ave | 15,400 ADT (17)
Demographics 1 MILE 3 MILE 5 MILE Estimated Population 2018 21,038 72,533 135,360 Population Forecast 2023 22,835 78,538 146,511 Average HH Income $63,639 $93,749 $92,393 Employees 13,295 33,579 56,114 Source: Regis – SitesUSA (2018) CRA [email protected] Commercial Realty Advisors NW LLC GEORGE MACOUBRAY » 733 SW Second Avenue, Suite 200 NICK STANTON [email protected] Portland, Oregon 97204 » www.cra-nw.com 503.274.0211 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 7,600 Seats HILLSBORO, OREGON 1,000 Employees NE Evergreen Pkwy
NE Evergreen Pkwy
JONES FARM 6,019 Employees FEI TANASBOURNE RONLER ACRES TOWN CENTER 7,043 Employees STREETS OF NE Cornell Road 1000 Employees TANASBOURNE Hillsboro Airport ORENCO STATION TOWN CENTER
NE Cornell Road
HAWTHORN FARM 1,612 Employees
MAX LIGHT RAIL MAX LIGHT RAIL
SITE 1,275 Employees
TUALITY HOSPITAL 167 BEDS
SUNSET ESPLANADE SHOPPING CENTER
ALOHA CAMPUS
n CRA HILLSBORO, OREGON│DOWNTOWN
LINCOLN STREET ELEMENTARY SCHOOL SYAN IZAKAYA
WASHINGTON CO. COURTHOUSE WASHINGTON CO. OFFICES WALKER CULTURAL ARTS CENTER HILLSBORO FARMERS’ MARKET POST OFFICE EAST MAIN 11,600 ADT (17) PLAZA HILLSBORO 16,200 ADT (17) CIVIC CENTER
1,928 ON/OFF PER WEEK 1,405 ON/OFF PER WEEK 1,242 ON/OFF PER WEEK
COMMUNITY PACIFIC ACTION WASHINGTON UNIVERSITY HILLSBORO POLICE DEPT. ORGANIZATION CO. OFFICES SITE HILLSBORO MATTRESS CENTER MEGASTORE PORTLAND COMMUNITY 12,100 ADT (17) COLLEGE 15,400 ADT (17)
TUALITY HOSPITAL 167 BEDS
15,400 ADT (17) 17,600 ADT (17) 9,700 ADT (17) ST MATTHEW CATHOLIC SCHOOL
US POST Dairy Creek Park OFFICE
BOYS & GIRLS CLUB 26,900 ADT (17)
SHUTE PARK AQUATIC & REC CENTER
HILLSBORO HILLSBORO PUBLIC WORKS LIBRARY FARMERS’ MARKET EDUCATION & HEALTH DISTRICT
MAX LIGHT RAIL LINE
0 0.25 CRA MILES HILLSBORO, OREGON
CRA FULL PROFILE 2000 2010 C , 2018 E 202 P C W B C B G
L /L 45.520 / 122.981 RF1 541 SE B S 1 5 H , OR 9 12
2018 E P 21,0 8 2,5 1 5, 0 N
O 202 P P 22,8 5 8,5 8 14 ,511 I T
A 2010 C P 19,040 5, 118, 81 L
U 2000 C P 1 ,215 5 ,8 95,592 P
O P A G 2018 202 1. 1. 1. P H A G 2000 2018 1.2 1.9 2.
2018 E H ,585 2 ,988 4 , 21 S D
L 202 P H ,099 25, 0 50, 9 O
H 2010 C H ,005 21,889 41,198 E
S 2000 C H 5,1 0 1 , 2, 58 U
O P A G 2018 202 1. 1.4 1.4 H H A G 2000 2018 1.5 2.0 2.5
2018 E . P U 10 Y 14.4 14. 14.0 2018 E . P 10 19 Y 14.1 14.0 1 . 2018 E . P 20 29 Y 15.5 1 . 14.4
E 2018 E . P 0 44 Y 2 .0 2 . 2 . G
A 2018 E . P 45 59 Y 1 .9 18. 18.0 2018 E . P 0 4 Y 10.8 12. 12.0 2018 E . P 5 Y O 4.2 4.2 4.4 2018 E . M A 2.8 4.5 4.1
S 2018 E . M P 51. 50. 50.2 U T R 2018 E . F P 48. 49. 49.8 A E T D
S 2018 E . N M .1 28. 29. N L E
A 2018 E . N M 44.0 52. 50.9 G T I &
R 2018 E . S D 18. 15.5 15. A
M 2018 E . W 4.5 .9 4.2
2018 E . HH I 200,000 M 2. . . 2018 E . HH I 150,000 199,999 5.0 9.2 8. 2018 E . HH I 100,000 149,999 14. 20.5 19. 2018 E . HH I 5,000 99,999 14.1 1 .2 1 .1 This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. representation herein is provided without information The be reliable. sources deemed to and government private from was produced using data report This 2018 E . HH I 50,000 4,999 19. 18.2 19.0 E
M 2018 E . HH I 5,000 49,999 12. 9. 10.4 O
C 2018 E . HH I 25,000 4,999 9. .8 .1 N I 2018 E . HH I 15,000 24,999 12.4 . . 2018 E . HH I U 15,000 10.5 5.5 .0 2018 E . A H I , 9 9 , 49 92, 9 2018 E . M H I 5 ,801 80,4 4 8,401 2018 E . P C I 20, 5 1, 00 2,48
2018 E . T B 1,202 2, 2 4, 4 2018 E . T E 1 ,295 ,5 9 5 ,114
©2018, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 3 Demographic Source: Applied Geographic Solutions 04/2018, TIGER Geography FULL PROFILE 2000 2010 C , 2018 E 202 P C W B C B G
L /L 45.520 / 122.981 RF1 541 SE B S 1 5 H , OR 9 12
2018 E . W .5 2.2 0.2 2018 E . B 1.8 1. 2.1 E C
A 2018 E . A P I .1 .1 9. R 2018 E . A I A N 1. 1.1 1.0 2018 E . O R 2 .0 1 .9 1 .0
C 2018 E . H P 9,528 21,10 5,44 I
N 2018 E . H P 45. 29.1 2 .2 A P
S 202 P . H P 48.0 1.1 2 .9 I
H 2010 H P 42.9 2 .2 25.5
2018 E . A P 25 Y O 1 ,491 4 , 50 89,290 2018 E . E G L 0 8 1 .4 .1 . N 2018 E . S H S G L 9 11 10.8 8.4 .2 O I O T 2018 E . H S G 24. 21. 21.4 A 5 C 2018 E . S C 20.5 22.1 21.9 2 U D
E 2018 E . A D O . 9.0 9.
A 2018 E . B D O 1 .8 20.8 20.5 2018 E . G D . 11.4 1 .2
G 2018 E . T H U , 58 24,521 48, 82 N I 2018 E . O O 48.2 . 59.4 S
U 2018 E . R O 49.2 4. 8.4 O
H 2018 E . V H 2. 2.2 2.2
R 2010 H B 2005 1.2 1.0 2.1 A
E 2010 H B 2000 2004 18.8 21.2 25.2 Y
Y 2010 H B 1990 1999 18.5 2 . 1.2 B
T 2010 H B 1980 1989 14.4 14.4 1 . L I
U 2010 H B 19 0 19 9 21. 24.8 22. B
S 2010 H B 19 0 19 9 12.9 8.2 . E
M 2010 H B 1950 1959 8.1 4. . O
H 2010 H B B 1949 11. 5.9 5.2
2010 H V 1,000,000 M 0.8 1. 1.2 2010 H V 500,000 999,999 14.9 14. 14.8 or warranty. representation herein is provided without information The be reliable. sources deemed to and government private from was produced using data report This 2010 H V 400,000 499,999 1 .4 1 .5 1 .2 2010 H V 00,000 99,999 2 .5 2.5 0.2 S
E 2010 H V 200,000 299,999 .5 0.9 2.5 U L
A 2010 H V 150,000 199,999 10.1 .2 . V
E 2010 H V 100,000 149,999 .5 2.2 2.
M 2010 H V 50,000 99,999 1.5 0. 1. O
H 2010 H V 25,000 49,999 1. 1.1 1.9 2010 H V U 25,000 2.1 2.0 2.4 2010 M H V 0 ,558 1, 04 2 , 18 2010 M R 1,041 1,118 1,149
©2018, Sites USA, Chandler, Arizona, 480-491-1112 page 2 of 3 Demographic Source: Applied Geographic Solutions 04/2018, TIGER Geography FULL PROFILE 2000 2010 C , 2018 E 202 P C W B C B G
L /L 45.520 / 122.981 RF1 541 SE B S 1 5 H , OR 9 12 2018 E . L P A 1 Y O 1 ,241 55, 8 105,001
E 2018 E . C E 0.1 5.5 . C
R 2018 E . C U 2.9 2. 2.5 O
F 2018 E . A F R
O 2018 E . L F .0 2.2 0.9 B
A 2018 L F M 51. 50.4 49.8 L 2018 L F F 48. 49. 50.2
2010 O P A 1 Y O 9, 0 ,5 9,850 2010 M , B , & F O 11. 14.2 14.5 2010 P , R 18.1 24. 2 .2 N O
I 2010 S 22.4 18.0 1 . T
A 2010 S , O 19. 20. 20.9 P
U 2010 F , F , F .5 1. 1. C
C 2010 C , E , M 11. 8.9 . O 2010 P , T , M M 1 .0 12.5 12.2 2010 W C W 49.5 59.2 1. 2010 B C W 50.5 40.8 8.4
2010 D W A 9.8 4. .9 N O I 2010 D W C 15.4 11. 11. T K A R
T 2010 T W P T .8 5.9 .0 O R
O 2010 D W M 0.1 0.1 0.1 W P O
S 2010 W B W .1 2. .2 T N
A 2010 O M 0.2 0.5 0. R
T 2010 W H . 4.8 4.5
E 2010 T W 14 M L 2 .0 29.0 29.8 M I 2010 T W 15 29 M 4. 5.5 . T L
E 2010 T W 0 59 M 24. 24.9 25.9 V
A 2010 T W 0 M M 8.0 .4 .9 R
T 2010 A T T W 22.0 20.2 20.2
2018 E . T H E $337 M $1.61 B $3.15 B This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. representation herein is provided without information The be reliable. sources deemed to and government private from was produced using data report This
E 2018 E . A $11.8 M $56.8 M $111 M R
U 2018 E . C , G $21.8 M $115 M $224 M T I
D 2018 E . E , R $12.8 M $67.3 M $131 M N
E 2018 E . E $18.9 M $91.4 M $178 M P
X 2018 E . F , B , T $52.3 M $242 M $475 M E
R 2018 E . F , E $11.5 M $56.9 M $111 M E
M 2018 E . H C , I $29.5 M $136 M $268 M U
S 2018 E . H O , S , U $104 M $497 M $973 M N
O 2018 E . M E $4.99 M $23.2 M $45.8 M C 2018 E . P C $4.39 M $20.9 M $40.9 M 2018 E . T $64.6 M $303 M $595 M
©2018, Sites USA, Chandler, Arizona, 480-491-1112 page 3 of 3 Demographic Source: Applied Geographic Solutions 04/2018, TIGER Geography
INITIAL AGENCY DISCLOSURE (OAR 863-015-215(4)) Consumers: This pamphlet describes the legal obligations of Oregon real estate licensees to consumers. Real estate brokers and principal real estate brokers are required to provide this information to you when they first contact you. A licensed real estate broker or principal broker need not provide the pamphlet to a party who has, or may be reasonably assumed to have, received a copy of the pamphlet from another broker. This pamphlet is informational only. Neither the pamphlet nor its delivery to you may be interpreted as evidence of intent to create an agency relationship between you and a broker or a principal broker.
Real Estate Agency Relationships An "agency" relationship is a voluntary legal relationship in which a licensed real estate broker or principal broker (the "agent") agrees to act on behalf of a buyer or a seller (the "client") in a real estate transaction. Oregon law provides for three types of agency relationships between real estate agents and their clients: Seller's Agent -- Represents the seller only. Buyer's Agent -- Represents the buyer only. Disclosed Limited Agent -- Represents both the buyer and seller, or multiple buyers who want to purchase the same property. This can be done only with the written permission of all clients.
The actual agency relationships between the seller, buyer and their agents in a real estate transaction must be acknowledged at the time an offer to purchase is made. Please read this pamphlet carefully before entering into an agency relationship with a real estate agent.
Definition of “Confidential Information” Generally, licensees must maintain confidential information about their clients. “Confidential information” is information communicated to a real estate licensee or the licensee’s agent by the buyer or seller of one to four residential units regarding the real property transaction, including but not limited to price, terms, financial qualifications or motivation to buy or sell. “Confidential information” does not mean information that: 1. The buyer instructs the licensee or the licensee’s agent to disclose about the buyer to the seller, or the seller instructs the licensee or the licensee’s agent to disclose about the seller to the buyer; and 2. The licensee or the licensee’s agent knows or should know failure to disclose would constitute fraudulent representation.
Duties and Responsibilities of a Seller’s Agent Under a written listing agreement to sell property, an agent represents only the seller unless the seller agrees in writing to allow the agent to also represent the buyer.
An agent who represents only the seller owes the following affirmative duties to the seller, the other parties and the other parties’ agents involved in a real estate transaction: 1. To deal honestly and in good faith; 2. To present all written offers, notices and other communications to and from the parties in a timely manner without regard to whether the property is subject to a contract for sale or the buyer is already a party to a contract to purchase; and 3. To disclose material facts known by the agent and not apparent or readily ascertainable to a party.
A seller’s agent owes the seller the following affirmative duties: 1. To exercise reasonable care and diligence; 2. To account in a timely manner for money and property received from or on behalf of the seller; 3. To be loyal to the seller by not taking action that is adverse or detrimental to the seller’s interest in a transaction; 4. To disclose in a timely manner to the seller any conflict of interest, existing or contemplated; 5. To advise the seller to seek expert advice on matters related to the transaction that are beyond the agent's expertise; 6. To maintain confidential information from or about the seller except under subpoena or court order, even after termination of the agency relationship; and 7. Unless agreed otherwise in writing, to make a continuous, good faith effort to find a buyer for the property, except that a seller's agent is not required to seek additional offers to purchase the property while the property is subject to a contract for sale.
None of these affirmative duties of an agent may be waived, except (7). The affirmative duty listed in (7) can only be waived by written agreement between seller and agent.
Under Oregon law, a seller's agent may show properties owned by another seller to a prospective buyer and may list competing properties for sale without breaching any affirmative duty to the seller.
Unless agreed to in writing, an agent has no duty to investigate matters that are outside the scope of the agent's expertise, including but not limited to investigation of the condition of property, the legal status of the title or the seller’s past conformance with law.
Duties and Responsibilities of a Buyer’s Agent An agent, other than the seller’s agent, may agree to act as the buyer’s agent only. The buyer’s agent is not representing the seller, even if the buyer’s agent is receiving compensation for services rendered, either in full or in part, from the seller or through the seller’s agent.
An agent who represents only the buyer owes the following affirmative duties to the buyer, the other parties and the other parties’ agents involved in a real estate transaction: 1. To deal honestly and in good faith; 2. To present all written offers, notices and other communications to and from the parties in a timely manner without regard to whether the property is subject to a contract for sale or the buyer is already a party to a contract to purchase; and 3. To disclose material facts known by the agent and not apparent or readily ascertainable to a party.
A buyer’s agent owes the buyer the following affirmative duties: 1. To exercise reasonable care and diligence; 2. To account in a timely manner for money and property received from or on behalf of the buyer; 3. To be loyal to the buyer by not taking action that is adverse or detrimental to the buyer’s interest in a transaction; 4. To disclose in a timely manner to the buyer any conflict of interest, existing or contemplated; 5. To advise the buyer to seek expert advice on matters related to the transaction that are beyond the agent's expertise; 6. To maintain confidential information from or about the buyer except under subpoena or court order, even after termination of the agency relationship; and 7. Unless agreed otherwise in writing, to make a continuous, good faith effort to find property for the buyer, except that a buyer’s agent is not required to seek additional properties for the buyer while the buyer is subject to a contract for purchase.
None of these affirmative duties of an agent may be waived, except (7). The affirmative duty listed in (7) can only be waived by written agreement between buyer and agent.
Under Oregon law, a buyer’s agent may show properties in which the buyer is interested to other prospective buyers without breaching an affirmative duty to the buyer.
Unless agreed to in writing, an agent has no duty to investigate matters that are outside the scope of the agent's expertise, including but not limited to investigation of the condition of property, the legal status of the title or the seller’s past conformance with law.
Duties and Responsibilities of an Agent o Represents ore t an ne Client in a ransa tion One agent may represent both the seller and the buyer in the same transaction, or multiple buyers who want to purchase the same property, only under a written “Disclosed Limited Agency Agreement” signed by the seller and buyer(s).