Paris Theatre 6 SW 3Rd Avenue, PORTLAND OR

NEXT TO VOODOOOPPORTUNITY DOUGHNUT! ZONE Paris Theatre 6 SW 3rd Avenue, PORTLAND OR

Event / Entertainment Venue Landmark in Downtown PDX’s Old Town District Ideal Owner / User or Investment • Immediately Adjacent to Voodoo Doughnut

FOR SALE • $1,500,000 LEASE OPTION / SELLER CARRY ALSO

EVENT PHOTO

ICONIC PDX THEATRE PRIME DOWNTOWN PORTLAND OPPORTUNITY

Old Town Entertainment / Event Venue Iconic Theater Building in Downtown Portland OPPORTUNITY TO PURCHASE URBAN PORTLAND LANDMARK IDEAL FOR OWNER-USER OR INVESTMENT SCENARIO NEW ROOF AND PARTIAL SEISMIC UPGRADE • GREAT LOCATION

George N. Diamond Nicholas G. Diamond 503.222.2178 503.222.2655 Licensed [email protected] [email protected] in OR & WA 12.04.202012.04.2020 © 2020 Capacity Commercial Group LLC | 805 SW Broadway #700, Portland OR 97205 | 503.326.9000 | capacitycommercial.com Sale Price: $1,500,000 ($526.32 / SF) Entertainment / Event Venue Property Details Paris Theatre Total Gross Building Area 2,850 SF 6 SW 3rd Avenue, Portland OR Paris Theatre Total Lot Area 2,850 SF Construction Date 1890 Zoning Designation CXd Seismic Upgrade Partial (2020) Opportunity Zone Yes Capacity Commercial Group presents the unique opportunity to acquire a prime location urban property in Downtown Portland, Oregon’s Skidmore / Old Town district. Built in 1890, the property operated originally as a live entertainment venue, later as a movie theatre in the mid-1900s and most recently a concert / live music venue. Ideally located next to Voodoo Doughnuts, the property enjoys prime exposure on both W Burnside and SW 3rd Avenue. In 2020 the building received a new

OFFERING SUMMARY roof and roof-wall seismic connection. Excellent opportunity for entertainment, event, concert or nightlife owner-user or also as an investment scenario.

IDEAL LOCATION DIRECTLY OFF W BURNSIDE ST AND IMMEDIATELY NEXT TO VOODOO DOUGHNUT

CENTRALLY LOCATED EVENT VENUE PROPERTY

1890 Portland Entertainment / Event Venue • Ideal for Owner / User or Investment

• Iconic ‘Paris Theatre’ for Sale in • Ideal for Entertainment Venue, Event Space, Concert, Nightclub Sale Offering Downtown Portland’s Iconic Old Town • 1 Story with Mezz. for Sound Booth + Basement (Not in Sq. Ft.) OWNER / USER OR INVESTMENT • Ideal Property for Owner / User or Investor • Great Visibility with Marquee Signage and Exposure on SW 3rd Presented Exclusively by Capacity Commercial Group • 1890 Construction with Partial 2020 Seismic Upgrade including Roof-Wall Anchoring and Entire New Roof Contact Broker for Full Info • Lobby / Ticketing Area, Outdoor Patio, Full Bar, Dance Floor, Raised Stage, High Ceilings with Lighting • Creative Seller Willing to Consider Lease-to-Own or Seller Financing / Seller Carry Arrangements • Bustling Historic Skidmore / Old Town District of Downtown Portland - In the Oregon Opportunity Zone • Retail / Cultural Highlights within 3 Blocks include Voodoo Doughnut (adjacent), Stumptown, Coffee, Shanghai Tunnels, Saturday Market, Pine St Market, Portland White Stag Sign SALE HIGHLIGHTS PAGE 2 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. Entertainment / Event Venue Paris Theatre

BUILDING HIGHLIGHTS 2,850 SF Gross Building • 1890 Original Construction • Next to Voodoo Doughnut • Illuminated Theatre Sign • Marquee Event Signage • Outdoor Patio / Waiting Area • Double Entrance with Lobby • Full Bar and Table Area • Stage with PA System • Mezzanine and Basement •

PROPERTY DETAILS PAGE 3 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. Entertainment / Event Venue Paris Theatre

Owner User Scenario

Paris Theater: 6 SW 3rd Ave Purchase $1,500,000 Loan Amount 80% $1,200,000 Portland, OR 97204 Down Payment 20% $300,000 Paris Theater: 6 SW 3rd Ave Interest rate 4.50% Amortization 25 Market Proforma Portland, OR 97204 Annual Mortgage Payment $28.08 -$80,040 Net Operating Income $32.00 $91,200 Cash Flow for Owner/User $3.92 $11,160 Market Proforma Cash on Cash Return 3.72% Building 2,850 $91,200 p/sf - NNN $32.00 Owner User Scenario -SBA Loan Annual Base Rent Rent 2,850 $91,200 averageBuilding p/sf 2,850 $91,200$32.00 Purchase $1,500,000 p/sf - NNN $32.00 Loan Amount 100% $1,500,000 VacancyAnnual Base Factor Rent Rent 2,8500% $91,200$0 Down Payment 0% $0 Totalaverage NNN p/sf Reimbursement $0.00 $32.00$0 Interest rate 4.50% Amortization 25 Annual Mortgage Payment $35.11 -$100,050 AnnualVacancy Gross Factor Rent 0% $91,200$0 Total NNN Reimbursement $0.00 $0 Net Operating Income $32.00 $91,200 Cash Flow for Owner/User $3.11 -$8,850 Cash on Cash Return #DIV/0! NetAnnual Operating Gross Rent Income $32.00 $91,200 Investor Scenario Sales Price - Building Only $1,500,000 Price/sfNet Operating Income $32.00 $91,200$526.32 Purchase $1,500,000 Market Cap Rate 6.08% Loan Amount 65% $975,000 Sales Price - Building Only $1,500,000 Building Sf 2,850 Down Payment 35% $525,000 Price/sf $526.32 Land SF 2,850 Interest rate 4.00% Market Cap Rate 6.08% Amortization 25 Building Sf 2,850 Annual Mortgage Payment -$61,757 Land SF 2,850 Net Operating Income $91,200 Cash Flow $29,443 Cash on Cash Return 5.61%

The information herein presented is based on rental and cost assumptions. Neither Broker nor Owner represent or warrantee the accuracy of these assumptions. Buyer shall rely solely on their own due diligence.

OWNER-USER AND INVESTOR PROFORMAS PAGE 4 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. Entertainment / Event Venue Paris Theatre SW 3RD AVE

W BURNSIDE ST

Map No. 1N1E34CD 00700 CHICAGO TITLE COMPANY 10151 S.E. SUNNYSIDE ROAD Suite 300 CLACKAMAS, OREGON 97015

SW 2ND AVE This map/plat is being furnished as an aid in locating the herein described Land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the Company

SW 3RD AVE 3RD SW does not insure dimensions, distances, location of easements, acreage or other matters shown thereon.

SW ANKENY ST

TAX LOT MAPS PAGE 5 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy.

Map No. 1N1E34CD 00700 CHICAGO TITLE COMPANY 10151 S.E. SUNNYSIDE ROAD Suite 300 CLACKAMAS, OREGON 97015

This map/plat is being furnished as an aid in locating the herein described Land in relation to adjoining streets, natural boundaries and other land, and is not a survey of the land depicted. Except to the extent a policy of title insurance is expressly modified by endorsement, if any, the Company does not insure dimensions, distances, location of easements, acreage or other matters shown thereon. Entertainment / Event Venue Paris Theatre

27,526 VPD @ SW 3RD PROPERTY

AREA HIGHLIGHTS PAGE 6 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. Entertainment / Event Venue FULL PROFILE FULL PROFILE 2000-2010 Census, 2020 Estimates with2000-2010 2025 Projections Census, 2020 Estimates with 2025 Projections Calculated using Weighted Block Centroid fromCalculated Block Groups using Weighted Block Centroid from Block Groups PORTLANDParis TheatreGOOSE SOUTH STATE HOLLOW Lat/Lon: 45.5229/-122.6729 Lat/Lon:WATERFRONT 45.5229/-122.6729 RF1 RF1 6 SW 3rd Ave 6 SW 3rd Ave 1 mi radius 3 mi radius 5 mi radius1 mi radius 3 mi radius 5 mi radius NW Portland, OR 97204 Portland, OR 97204 DOWNTOWN DISTRICT PORTLAND 2020 Estimated Population 2020 Estimated Population 0 T 38,428 205,740 0 T445,779 38,428 205,740 445,779 2025 Projected Population 2025 Projected Population 0 T 39,520 212,326 0 T458,745 39,520 212,326 458,745 2010 Census Population 2010 Census Population 0 T 27,228 166,112 0 T387,416 27,228 166,112 387,416

2000 Census Population 2000 Census Population 0 T 18,401 148,908 0 T361,431 18,401 148,908 361,431 PROPERTY Projected Annual Growth 2020 to 2025Projected Annual Growth 2020 to 2025 - 0.6% 0.6% - 0.6% 0.6% 0.6% 0.6% SLABTOWN POPULATION POPULATION Historical Annual Growth 2000 to 2020Historical Annual Growth 2000 to 2020 - 5.4% 1.9% - 1.2% 5.4% 1.9% 1.2% 2020 Estimated Households 2020 Estimated Households 0 T 25,596 109,295 0 T212,650 25,596 109,295 212,650 PEARL 2025 Projected Households 2025 Projected Households 0 T 27,185 116,270 0 T226,291 27,185 116,270 226,291 DISTRICT 2010 Census Households 2010 Census Households 0 T 16,882 83,775 0 T177,235 16,882 83,775 177,235 OLD TOWN 2000 Census Households 2000 Census Households 0 T 11,541 73,859 0 T161,506 11,541 73,859 161,506 CHINATOWN Projected Annual Growth 2020 to 2025Projected Annual Growth 2020 to 2025 - 1.2% 1.3% - 1.3% 1.2% 1.3% 1.3% HOUSEHOLDS Historical Annual Growth 2000 to 2020HOUSEHOLDS Historical Annual Growth 2000 to 2020 - 6.1% 2.4% - 1.6% 6.1% 2.4% 1.6% 2020 Est. Population Under 10 Years 2020 Est. Population Under 10 Years - 5.7% CENTRAL9.0% - 9.3% 5.7% 9.0% 9.3% 2020 Est. Population 10 to 19 Years 2020 Est. Population 10 to 19 Years - 6.0% EAST 7.7%SIDE - 8.4% 6.0% 7.7% 8.4% 2020 Est. Population 20 to 29 Years 2020 Est. Population 20 to 29 Years - 22.7% 18.0% - 15.5% 22.7% 18.0% 15.5% 2020 Est. Population 30 to 44 Years 2020 Est. Population 30 to 44 Years - 29.4% 29.7% - 28.9% 29.4% 29.7% 28.9% AGE 2020 Est. Population 45 to 59 YearsAGE 2020 Est. Population 45 to 59 Years - 18.4% 17.5% - 18.4% 18.4% 17.5% 18.4% 2020 Est. Population 60 to 74 Years LADD’S2020 Est. Population 60 to 74 Years - 14.1% 13.9% - 14.4% 14.1% 13.9% 14.4% FULL2020 PROFILE Est. Population 75 Years FULLor OverADDITION2020 PROFILE Est. Population 75 Years or Over - 3.7% 4.1% - 5.0% 3.7% 4.1% 5.0% MODA 2000-20102020 Census, Est. Median 2020 AgeEstimates with2000-2010 20252020 Projections Census, Est. Median 2020 AgeEstimates with 2025 Projections 36.3 36.5 37.6 36.3 36.5 37.6 CONVENTION CENTER Calculated2020 using Est. Weighted Male Population Block Centroid fromCalculated Block2020 Groups using Est. Weighted Male Population Block Centroid from Block Groups- 55.4% 50.5% - 49.7% 55.4% 50.5% 49.7% CENTER 2020 Est. Female Population 2020 Est. Female Population - 44.6% 49.5% - 50.3% 44.6% 49.5% 50.3% 2020 Est. Never Married 2020 Est. Never Married - 54.6% 47.0% - 42.3% 54.6% 47.0% 42.3% Lat/Lon:2020 45.5229/-122.6729 Est. Now Married Lat/Lon:2020 45.5229/-122.6729 Est. Now Married - 20.8% 35.0% - 39.2% 20.8% 35.0% 39.2% RF1 RF1 & GENDER 2020 Est. Separated or Divorced & GENDER 2020 Est. Separated or Divorced - 21.3% 15.1% - 15.2% 21.3% 15.1% 15.2% 2020 Est. Widowed 2020 Est. Widowed - 3.3% 2.9% - 3.3% 3.3% 2.9% 3.3% MARITAL STATUS 6 SW 3rd Ave 6 SWMARITAL STATUS 3rd Ave 1 mi radius 3 mi radius 5 mi radius1 mi radius 3 mi radius 5 mi radius 2020 Est. HH Income $200,000 or More2020 Est. HH Income $200,000 or More - 7.9% 14.2% - 13.6% 7.9% 14.2% 13.6% Portland, OR 97204 Portland, OR 97204 2020 Est. HH Income $150,000 to $199,9992020 Est. HH Income $150,000 to $199,999 - 5.7% 8.7% - 9.3% 5.7% 8.7% 9.3% 2020 Est.Estimated HH Income Population $100,000 to $149,9992020 EstimatedEst. HH Income Population $100,000 to $149,9990 T-BUCKMAN38,42815.5% 205,74017.0% 0 T-445,77918.1% 38,42815.5% 205,74017.0% 445,77918.1% 20252020 ProjectedEst. HH Income Population $75,000 to $99,99920252020 ProjectedEst. HH Income Population $75,000 to $99,999 0 T- 39,52010.6% 212,32612.2% 0 T-458,74513.3% 39,52010.6% 212,32612.2% 458,74513.3% LLOYD 20102020 CensusEst. HH PopulationIncome $50,000 to $74,99920102020 CensusEst. HH PopulationIncome $50,000 to $74,999 0 T- 27,22812.5% 166,11214.5% 0 T-387,41615.5% 27,22812.5% 166,11214.5% 387,41615.5% This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. or representation without provided is herein information The reliable. be to deemed sources government and private from data using produced was report This This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. or representation without provided is herein information The reliable. be to deemed sources government and private from data using produced was report This DISTRICT 20002020 CensusEst. HH PopulationIncome $35,000 to $49,99920002020 CensusEst. HH PopulationIncome $35,000 to $49,999 0 T- 18,4018.9% 148,9088.9% 0 T-361,4319.0% 18,4018.9% 148,9088.9% 361,4319.0% Projected2020 Est. AnnualHH Income Growth $25,000 2020 toto $34,9992025Projected2020 Est. AnnualHH Income Growth $25,000 2020 toto $34,9992025 - 0.6%8.9% 0.6%6.5% - 0.6%6.0% 0.6%8.9% 0.6%6.5% 0.6%6.0% POPULATION POPULATION INCOME Historical2020 Est. AnnualHH Income Growth $15,000 2000 to $24,9992020INCOME Historical2020 Est. AnnualHH Income Growth $15,000 2000 to $24,9992020 - 5.4%7.6% 1.9%5.6% - 1.2%5.2% 5.4%7.6% 1.9%5.6% 1.2%5.2% 2020 Est. HH Income Under $15,000 2020 Est. HH Income Under $15,000 - 22.3% 12.3% - 10.0% 22.3% 12.3% 10.0% 2020 Estimated Households DEMOGRAPHICS 2020 Estimated Households 0 T 25,596 109,295 0 T212,650 25,596 109,295 212,650

20252020 ProjectedEst. Average Households Household Income 20202025 Est.Projected Average Households Household Income $00 T $79,05027,185 $109,642116,270 $00 $110,967T226,291$79,05027,185 $109,642116,270 $110,967226,291 20102020 CensusEst. Median Households Household Income 20202010 Est.Census Median Households Household Income $00 T $58,27716,882 $85,26783,775 $00 T$88,178177,235$58,27716,882 $85,26783,775 $88,178177,235 AREA IRVINGTON 20202000 Est.Census Per HouseholdsCapita Income 20202000 Est.Census Per HouseholdsCapita Income $00 T $54,14811,541 $58,66173,859 $00 T$53,259161,506$54,14811,541 $58,66173,859 $53,259161,506 2020Projected Est. TotalAnnual Businesses Growth 2020 to 20252020Projected Est. TotalAnnual Businesses Growth 2020 to 2025 0 T- 9,8381.2% 24,8721.3% 0 T- 34,5431.3% 9,8381.2% 24,8721.3% 34,5431.3% HOUSEHOLDS HOUSEHOLDS 2020Historical Est. AnnualTotal Employees Growth 2000 to 20202020Historical Est. AnnualTotal Employees Growth 2000 to 2020 0 T- 119,6396.1% 283,9082.4% 0 T-369,0251.6%119,6396.1% 283,9082.4% 369,0251.6% 2020 Est. Population Under 10 Years 2020 Est. Population Under 10 Years - 5.7% 9.0% - 9.3% 5.7% 9.0% 9.3% ©2020, Sites USA, Chandler, Arizona, 480-491-1112 ©2020, Sites *Demographic USA, Chandler, Information,Arizona, 480-491-1112 page Traffic 1 of 3 Counts, and Merchant Demographic Locations Source: Applied are Providedpage Geographic 1 of 3 by REGISSolutions Online 11/2020, Demographic at TIGERSitesUSA.com Geography Source: Applied Geographic Solutions 11/2020, TIGER Geography 2020 Est. Population 10 to 19 Years 2020 Est. Population 10 to 19 Years - 6.0% 7.7% - 8.4% 6.0% 7.7% 8.4% 2020 Est. Population 20 to 29 Years 2020 Est. Population 20 to 29 Years - 22.7% 18.0% - 15.5% 22.7% 18.0% 15.5% 2020 Est. Population 30 to 44 Years 2020 Est. Population 30 to 44 Years - 29.4% 29.7% - 28.9% 29.4% 29.7% 28.9%

AGE 2020 Est. Population 45 to 59 YearsAGE 2020 Est. Population 45 to 59 Years - 18.4% 17.5% - 18.4% 18.4% 17.5% 18.4% 2020 Est. Population 60 to 74 Years 2020 Est. Population 60 to 74 Years - 14.1% 13.9% - 14.4% 14.1% 13.9% 14.4% 2020 Est. Population 75 Years or Over2020 Est. Population 75 Years or Over - 3.7% 4.1% - 5.0% 3.7% 4.1% 5.0% 2020 Est. Median Age 2020 Est. Median Age 36.3 36.5 37.6 36.3 36.5 37.6 2020 Est. Male Population 2020 Est. Male Population - 55.4% 50.5% - 49.7% 55.4% 50.5% 49.7% DEMOGRAPHIC INFORMATION PAGE 7 2020 Est. Female Population 2020 Est. Female Population - 44.6% 49.5% - 50.3% 44.6% 49.5% The50.3% information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. 2020 Est. Never Married 2020 Est. Never Married - 54.6% 47.0% - 42.3% 54.6% 47.0% 42.3% 2020 Est. Now Married 2020 Est. Now Married - 20.8% 35.0% - 39.2% 20.8% 35.0% 39.2%

& GENDER 2020 Est. Separated or Divorced & GENDER 2020 Est. Separated or Divorced - 21.3% 15.1% - 15.2% 21.3% 15.1% 15.2% 2020 Est. Widowed 2020 Est. Widowed - 3.3% 2.9% - 3.3% 3.3% 2.9% 3.3% MARITAL STATUS MARITAL STATUS 2020 Est. HH Income $200,000 or More2020 Est. HH Income $200,000 or More - 7.9% 14.2% - 13.6% 7.9% 14.2% 13.6% 2020 Est. HH Income $150,000 to $199,9992020 Est. HH Income $150,000 to $199,999 - 5.7% 8.7% - 9.3% 5.7% 8.7% 9.3% 2020 Est. HH Income $100,000 to $149,9992020 Est. HH Income $100,000 to $149,999 - 15.5% 17.0% - 18.1% 15.5% 17.0% 18.1% 2020 Est. HH Income $75,000 to $99,9992020 Est. HH Income $75,000 to $99,999 - 10.6% 12.2% - 13.3% 10.6% 12.2% 13.3% 2020 Est. HH Income $50,000 to $74,9992020 Est. HH Income $50,000 to $74,999 - 12.5% 14.5% - 15.5% 12.5% 14.5% 15.5% This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. or representation without provided is herein information The reliable. be to deemed sources government and private from data using produced was report This warranty. or representation without provided is herein information The reliable. be to deemed sources government and private from data using produced was report This 2020 Est. HH Income $35,000 to $49,9992020 Est. HH Income $35,000 to $49,999 - 8.9% 8.9% - 9.0% 8.9% 8.9% 9.0% 2020 Est. HH Income $25,000 to $34,9992020 Est. HH Income $25,000 to $34,999 - 8.9% 6.5% - 6.0% 8.9% 6.5% 6.0% INCOME 2020 Est. HH Income $15,000 to $24,999INCOME 2020 Est. HH Income $15,000 to $24,999 - 7.6% 5.6% - 5.2% 7.6% 5.6% 5.2% 2020 Est. HH Income Under $15,000 2020 Est. HH Income Under $15,000 - 22.3% 12.3% - 10.0% 22.3% 12.3% 10.0% 2020 Est. Average Household Income 2020 Est. Average Household Income $0 T $79,050 $109,642 $0 $110,967T $79,050 $109,642 $110,967 2020 Est. Median Household Income 2020 Est. Median Household Income $0 T $58,277 $85,267 $0 T$88,178$58,277 $85,267 $88,178 2020 Est. Per Capita Income 2020 Est. Per Capita Income $0 T $54,148 $58,661 $0 T$53,259$54,148 $58,661 $53,259 2020 Est. Total Businesses 2020 Est. Total Businesses 0 T 9,838 24,872 0 T 34,543 9,838 24,872 34,543 2020 Est. Total Employees 2020 Est. Total Employees 0 T 119,639 283,908 0 T369,025119,639 283,908 369,025

©2020, Sites USA, Chandler, Arizona, 480-491-1112 ©2020, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 3 Demographic Source: Applied page Geographic 1 of 3 Solutions 11/2020, Demographic TIGER Geography Source: Applied Geographic Solutions 11/2020, TIGER Geography This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. or representation without provided is herein information The reliable. be to deemed sources government and private from data using produced was report This This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. or representation without provided is herein information The reliable. be to deemed sources government and private from data using produced was report This This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. or representation without provided is herein information The reliable. be to deemed sources government and private from data using produced was report This warranty. or representation without provided is herein information The reliable. be to deemed sources government and private from data using produced was report This Entertainment / Event Venue Paris Theatre

LOCAL OVERVIEW: Culture & Events A major portion of Portland’s culture is in the arts and entertainment, from markets to museums and stages of all sizes, you will find what keeps this city so vibrant. Additionally Portland is comprised of a number of shopping districts with national retailers, designer boutiques,and pop-up and consignment shops. As soon as the sun peeks out from behind the clouds in the spring, outdoor markets and festivals set up their tents for weekly events until late in the fall. These events range from street fairs and parades, to concerts and shows on the waterfront. There is something for everyone, and with keeping Portland weird, you might find it to be delightfully unexpected. Art & Entertainment Fine Art & Craft Retail, Events, & Festivals

Portland’s performance art and entertainment scene Portland is a destination for creativity. Galleries like the Portland is home to the country’s largest open air arti- varies greatly. Theatres offer a range of plays, musicals, Portland Art Museum, and Museum of Contemporary san craft fair, the Saturday Market, which is open every and dances, while live music of any genre can be found Craft showcase local and traveling artists, but in this weekend from March to December and currently cele- in large concert halls or in a number of local pubs. A city, fine art and craft is not limited to galleries. Local brating their 40th year. Originally designed to put Port- popular music venues are the McMenamin’s Crystal artisans create and sell their work at markets, and some land on the map as the ‘Summer Capital of the World’ Ballroom, Doug Fir Lounge, and Mississippi Studios. The have their own retail stores. Orox Leather, a vender at the Rose Festival has been a popular summer event Keller Auditorium and Arlene Schnitzer Concert Hall of- the Saturday Market, recently opened their first store in for more than a century, and is now acknowledged as fer opera, ballet, and touring Broadway productions, Old Town. Shared workshops like ADX offer members a Portland’s Official Festival. Year round, Portland’s shop- while Portland Center Stage, and Artists Repertory creative and collaborative environment, and art walks ping districts are each as unique as the next. Some of Theatre are able to show avant-garde plays in a more such as Last Thursday let you experience the different those destinations are Nob Hill, the Pearl, Hawthorne, intimate setting. creative neighborhoods of Portland. and Alberta.

LOCAL OVERVIEW PAGE 8 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. Entertainment / Event Venue Paris Theatre

LOCAL OVERVIEW: Urban Gastronomy In Portland, cuisine and libations are taken very seriously. With Oregon’s climate being ideal for agriculture, the state leads the nation in production of a number of crops, providing Portland with the freshest ingredients. Farmers markets, local co-op grocers, and national grocers supply not only your kitchen at home, but restaurants and food carts all over Portland. With its vast breweries, local wineries, and artisan distilleries. Portland hosts a number of festivals throughout the year. Oregon Brewers Festival is the largest outdoor craft beer festival in North America with 100,000 attendees, and Bite of Oregon is the state’s top culinary event attracting over 50,000 foodies. Food Drink Agriculture

Portland doesn’t miss a meal and you shouldn’t either. Portland must be a very thirsty city. Coffee, beer, wine, During the summer, Portland has at least one farmers For brunch eat at local restaurants like Screen Door, and spirits are all expertly crafted and celebrated. Ca- market for every day of the week. The largest being Jam on Hawthorne, and Besaw’s. At lunch time, check fes across town like Stumptown, Public Domain, Baris- Saturday, located on the Park Blocks on the PSU cam- out all of the food carts before deciding what to order. ta, Courier Coffee, and Sterling Coffee Roasters are pus. Over twenty years ago, the Portland Farmers Mar- With over six hundred food carts in Portland, most are keeping Portland caffeinated and going. Portland is ket was established by three local activists, and in its grouped together in “pods” around town. In the eve- home to over fifty breweries, such as Bridgeport, Rogue, first year the market grew from thirteen to twenty two ning, chose between happy hour small plates, or find a and Widmer, and nearly a dozen urban wineries. Hops vendors. Today, there are around two hundred vendors. fine dining restaurant for a full meal. Favorites include and grapes respectively are extremely abundant with Hazelnuts, marionberries, peppermint, snow peas, and Little Bird, Gruner, Jake’s Crawfish, and Veritable Quan- the Willamette Valley in such close proximity. New to asparagus are just a few of the numerous items that dry. And don’t forget about dessert at Cacao, Salt and the scene is artisan distilleries making delicious cock- are growing in the region. It is also increasingly common Straw, or Voodoo Doughnuts. tails and craft spirits. to have your own urban garden.

LOCAL OVERVIEW PAGE 9 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. Entertainment / Event Venue Paris Theatre

LOCAL OVERVIEW: Portland Lifestyle In Portland, even when it is raining, it is difficult to stay inside, there is so much to explore. When it does eventually stop raining and the sun comes out from behind the clouds, it becomes apparent why people love this city so much. Portlanders love the natural beauty, ample parks and gardens that span the entire city, the ease of transportation, and especially its sports. Providence Park underwent a thirty one million dollar renovation, transforming it into a soccer stadium that is home for the Portland Timbers and the Portland Thorns. The Timbers Army fills the stadium, but members do not sit in their seats, instead remain standing and shout cheers and songs throughout the game. Parks & Gardens Recreation Sporting Events

Throughout Portland there are a variety of parks and Portland is a pedestrian and bicycle city. Biking Mag- Portland is home to two major league sports teams gardens. Some have a considerable urban feel like azine named Portland the #1 bike friendly city for a and five teams total. The Portland Timbers play Major the Park Blocks, and others such as Forest Park, in the second time in 2013, thanks to over three hundred League Soccer, and the Portland Thorns play in the densely wooded hills of NW Portland, make you feel as miles of bike lanes and paths, and in 2012, Travel + Lei- National Women’s Soccer League at Providence Park. far from the city as possible. Forest Park covers 5,156 sure Magazine rated Portland the #1 most pedestrian The Portland Trail Blazers play in the NBA at the Rose acres and is one of the country’s largest urban forest re- friendly city. Additionally, Forest Park has over seventy Garden, and have only one Championship from 1977, serves. The city’s most coveted gardens are the Lan Su miles of hiking trails. Just a short drive from the city but a strong fan base none the less. The Rose Gar- Chinese Garden, the Portland Japanese Garden, and is the Columbia River Gorge National Scenic Area, den/Moda Center is also home to the Portland Win- the International Rose Test Garden. The Rose Garden which offers a number of recreational opportunities terhawks for Ice Hockey, and Portland Thunder for the features over 10,000 roses and overlooks the cityscape such as camping, hiking, climbing, horse-back riding, Arena Football. The Portland State University Vikings and Mt. Hood. canoeing, and fishing. are a Division 1 program.

LOCAL OVERVIEW PAGE 10 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. Entertainment / Event Venue Paris Theatre

OHSU Largest Employers 2020 - Portland Metro Area Based in Portland, OHSU employs over 16,000 Rank Company Location Number of Employees people, operates the top-ranked adult and 1 Nike Beaverton 73,100 children’s hospitals in Oregon, and secures 2 Daimler Trucks North America Portland 34,015 competitive research funding of more than 3 Collins Wilsonville 31,200 $400 million a year. As a public organization, 4 Precision Castparts Portland 30,100 OHSU provides outreach and services for Or- 5 Fred Meyer Portland 30,000 egon’s most vulnerable populations. The only 6 Medical Management International Portland 13,481 academic health center in Oregon, dedicated 7 Lithia Motors Medford 13,000 8 Oregon Health & Science University Portland 12,740 uniquely to advancing the health sciences. 11 AMERICAN STEEL Portland 7,500 13 Columbia Sportswear Portland 7,000 Nike Intel 14 NW Staffing Resources Portland 6,700 15 Mentor Graphics Wilsonville 5,968 16 PacifiCorp Portland 5,700 17 City of Portland, Oregon Portland 5,000 18 Cambia Health Solutions Portland 5,000 19 Pamplin Communications Portland 4,500 20 Reser’s Fine Foods Beaverton 4,500 21 Umpqua Holdings Portland 4,491 22 Tektronix Beaverton 4,359 24 Portland Community College Portland 4,140 25 Shari’s Cafe and Pies Beaverton 4,000 28 New Seasons Market Portland 4,000 29 KinderCare Portland 3,878 30 PCC Structurals Portland 3,769 31 The Old Spaghetti Factory Portland 3,700 Blue Ribbon Sports founded in 1964, in Eugene Intel was founded on a vision for semicon- 32 Avamere Family of Companies Wilsonville 3,698 Oregon, took on the name Nike in 1971 when ductor memory products in 1968 by scientists 33 Legacy Emanuel Medical Center Portland 3,619 34 Schnitzer Steel Industries Portland 3,575 they prepared to launch their own line of foot- Robert Noyce and Gordon Moore, and in 1971 35 McMenamins Portland 3,528 wear. As they expanded, they began manu- they had introduced the world’s first micropro- 42 United States Bakery Portland 3,000 facturing apparel for a variety of sports, and cessor. 43 Portland International Airport Portland 3,000 moved their headquarters to an eight building 45 Columbia Distributing Portland 2,955 campus in Beaverton, Oregon. The campus Intel has 82,500 employees worldwide, 18,600 46 Merix Beaverton 2,950 has expanded to 35 buildings and employs of which are locally based at the company’s 47 Frontier Management Portland 2,934 8,500 people in the state of Oregon. Ronler Acres Campus in Hillsboro, OR is under- 48 FLIR Systems Wilsonville 2,800 49 The Standard Portland 2,767 going a 3.6 million SF expansion that will bring 50 Portland General Electric Portland 2,646 in 1,000 additional employees. 51 Reddaway Tualatin 2,600 52 Shilo Inns Portland 2,500 54 Bonneville Power Administration Portland 2,230 55 Johnstone Supply Portland 2,230 56 C & K Market MedfordAREA EMPLOYERS PAGE2,000 11 The information contained58 hereinA-dec has been obtained from sources we deem reliable.Newberg We cannot, however, guarantee its accuracy.1,900 60 Vigor Industrial Portland 1,800 61 Consumer Cellular Portland 1,800 64 Starplex Portland 1,517 66 Pacific Coast Restaurants Portland 1,500 69 Tuality Healthcare Hillsboro 1,309 71 Gunderson’s Lake Oswego 1,300 72 Partners Group Portland 1,300 73 Lewis & Clark College Portland 1,280 74 TriMet Portland 1,270 77 Oregonian Media Group Portland 1,200 78 Willamette Dental Group Hillsboro 1,193 80 NW Natural Portland 1,123 81 TEC Equipment Wilsonville 1,118 84 Hillsboro School District Beaverton 1,089 86 Berkadia Commercial Mortgage Portland 1,035 87 The Oregon Clinic Portland 1,020 88 Cascadia Behavioral Healthcare Portland 1,000 89 OIA Global Logistics International Portland 1,000 90 Adventist Medical Center – Portland Gresham 1,000 91 Kaizen Restaurants Beaverton 1,000 92 Pacific Office Automation Beaverton 1,000 95 Pendleton Woolen Mills Portland 1,000 98 Alpha Media Portland 934 99 Wieden+Kennedy Portland 928 Entertainment / Event Venue Paris Theatre Offering Terms

Offers should be presented in the form of a nonbinding letter of intent, spelling out the significant terms and conditions, including, but not limited to:

(1) Asset pricing, (2) Due diligence and closing time frame, (3) Earnest money deposit, (4) A description of the debt/equity structure, and (5) Qualifications to close

Offers should be delivered to the attention of Capacity Commercial Group Broker Contact GEORGE N. DIAMOND 503.222.2178 [email protected] NICHOLAS G. DIAMOND 503.222.2655 [email protected]

DO NOT DISTURB TENANT(S) OR INDIVIDUALS ON PREMISES REGARDING THIS LISTING - PLEASE DIRECT ALL INQUIRIES SOLELY TO THE ATTENTION OF CAPACITY COMMERCIAL GROUP

CONTACT AND OFFERING TERMS PAGE 12 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. Entertainment / Event Venue

OREGON REAL ESTATE INITIAL AGENCY A seller’s agent owes the seller the following affirmative duties; DISCLOSURE PAMPHLET Paris Theatre1. To exercise reasonable care and diligence; OAR 863-015-215 (4) 2. To account in a timely manner for money and property received from or on behalf of the seller; Consumers: This pamphlet describes the legal obligations of Oregon real estate licensees to consumers. Real estate brokers and 3. To be loyal to the seller by not taking action that is adverse or detrimental to the seller’s interest in a transaction; principal real estate brokers are required to provide this information to you when they first contact you. A licensed real estate broker or 4. To disclose in a timely manner to the seller any conflict of interest, existing or contemplated; principal broker need not provide the pamphlet to a party who has, or may be reasonably assumed to have, received a copy of the 5. To advise the seller to seek expert advice on matters related to the transactions that are beyond the agent's expertise; pamphlet from another broker. 6. To maintain confidential information from or about the seller except under subpoena or court order, even after termination This pamphlet is informational only. Neither the pamphlet nor its delivery to you may be interpreted as evidence of intent to create an of the agency relationship; and agency relationship between you and a broker or a principal broker. 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. Real Estate Agency Relationships None of the above affirmative duties of an agent may be waived, except #7. The affirmative duty listed in #7 can only be waived An "agency" relationship is a voluntary legal relationship in which a licensed real estate broker or principal broker (the "agent"), by written agreement between seller and agent. agrees to act on behalf of a buyer or a seller (the "client") in a real estate transaction. Under Oregon law, a seller's agent may show properties owned by another seller to a prospective buyer and may list competing Oregon law provides for three types of agency relationships between real estate agents and their clients: properties for sale without breaching any affirmative duty to the seller.

Seller's Agent - Represents the seller only; Unless agreed to in writing, an agent has no duty to investigate matters that are outside the scope of the agent's expertise, Buyer's Agent - Represents the buyer only; including but not limited to investigation of the condition of property, the legal status of the title or the seller’s past conformance with Disclosed Limited Agent - Represents both the buyer and seller, or multiple buyers who want to purchase the same law. property. This can be done only with the written permission of both clients. Duties and Responsibilities of Buyer’s Agent 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 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, estate agent. 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. Definition of “Confidential Information” 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: 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 1. To deal honestly and in good faith; real property transaction, including but not limited to price, terms, financial qualifications or motivation to buy or sell. “Confidential 2. To present all written offers, notices and other communications to and from the parties in a timely manner without regard information” does not mean information that: 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. 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 A buyer’s agent owes the buyer the following affirmative duties: b. The licensee or the licensee’s agent knows or should know failure to disclose would constitute fraudulent representation. 1. To exercise reasonable care and diligence; Duties and Responsibilities of Seller’s Agent 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; Under a written listing agreement to sell property, an agent represents only the seller unless the seller agrees in writing to allow 4. To disclose in a timely manner to the buyer any conflict of interest, existing or contemplated; the agent to also represent the buyer. An agent who represents only the seller owes the following affirmative duties to the 5. To advise the buyer to seek expert advice on matters related to the transaction that are beyond the agent’s expertise; seller, the other parties and the other parties’ agents involved in a real estate transaction: 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 1. To deal honestly and in good faith; buyer’s agent is not required to seek additional properties for the buyer while the buyer is subject to a contract for 2. To present all written offers, notices and other communications to and from the parties in a timely manner without regard to purchase. 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; 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.

This form has been licensed for use solely by Nicholas Diamond pursuant to a Forms License Agreement with Oregon Real Estate Forms, LLC. Provided by Oregon Real Estate Forms, LLC 9/9/2013 www.orefonline.com OREF 042 This form has been licensed for use solely by Nicholas Diamond pursuant to a Forms License Agreement with Oregon Real Estate Forms, LLC. May not be reproduced without express permission of Oregon Real Estate Forms, LLC Page 2 of 3 Provided by Oregon Real Estate Forms, LLC 9/9/2013 www.orefonline.com OREF 042 May not be reproduced without express permission of Oregon Real Estate Forms, LLC Page 1 of 3 Produced with zipForm® by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.com

Produced with zipForm® by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.com

OREGON REAL ESTATE DISCLOSURE PAGE 13 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. Entertainment / Event Venue

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. Paris Theatre 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 Who Represents More than One Client in a Transaction

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).

Disclosed Limited Agents have the following duties to their clients: 1. To the seller, the duties listed above for a seller’s agent; and 2. To the buyer, the duties listed above for a buyer’s agent; 3. To both buyer and seller, except with express written permission of the respective person, the duty not to disclose to the other person: a. That the seller will accept a price lower or terms less favorable than the listing price or terms; b. That the buyer will pay a price greater or terms more favorable than the offering price or terms; or c. Confidential information as defined above.

Unless agreed to in writing, an agent has no duty to investigate matters that are outside the scope of the agent’s expertise.

When different agents associated with the same principal broker (a real estate licensee who supervises other agents) establish agency relationships with different parties to the same transaction, only the principal broker will act as a Disclosed Limited Agent for both buyer and seller. The other agents continue to represent only the party with whom the agents have already established an agency relationship unless all parties agree otherwise in writing. The principal real estate broker and the real estate licensees representing either seller or buyer shall owe the following duties to the seller and buyer:

1. To disclose a conflict of interest in writing to all parties; 2. To take no action that is adverse or detrimental to either party's interest in the transaction; and 3. To obey the lawful instruction of both parties.

No matter whom they represent, an agent must disclose information the agent knows or should know that failure to disclose would constitute fraudulent misrepresentation.

You are encouraged to discuss the above information with the licensee delivering this pamphlet to you. If you intend for that licensee, or any other Oregon real estate licensee, to represent you as a Seller's Agent, Buyer's Agent, or Disclosed Limited Agent, you should have a specific discussion with the agent about the nature and scope of the agency relationship. Whether you are a buyer or seller, you cannot make a licensee your agent without the licensee’s knowledge and consent, and an agent cannot make you their client without your knowledge and consent.

Michael Manougian 2014-10-14 19:51 GMT

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OREGON REAL ESTATE DISCLOSURE PAGE 14 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy.