816 Se 8Th Avenue
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816 SE 8TH AVENUE LocationFOR816 LEASE SE 8th Avenue IN in Portland,PORTLAND, OR OREGON Walk Score Available Space 1,967 SF Bike Score Rental Rate $35.00/SF/YR, NNN 94 100 Comments • 2nd generation tap room space in highly desirable close-in SE location. • Includes some existing infrastructure from previous tenant. • Rare off street parking for customer use. • The Grand Central Public Market is on the National Register of Historic Places. A creative rehabilitation of the building in 2006 made it an entertainment hub in the Central Eastside, and a pioneer for the area’s revitalization. • The Central Eastside is one of Portland’s fastest growing and changing neighborhoods. New housing, along with a great mix of bars, restaurants, and nightclubs makes this part of Portland a popular destination. • Co-tenants include Grand Central Bowling, Pips & Bounce, Sparky’s Pizza, Taqueria Portland, CorePower Yoga, Venus Allure Salon and Spa, and Subway. • Nearby tenants include Rogue, Cascade Brewing, Market of Choice, Holocene, HOME, A Bar, Voicebox Karaoke, Loyal Legion, Dig a Pony, Afuri, White Owl Social Club, and Star Bar. Traffic Count SE Morrison St @ 7th Ave – 16,405 ADT (17) Demographics .25 MILE .5 MILE 1 MILE Estimated Population 2018 1,316 5,432 21,996 Population Forecast 2023 1,364 5,670 22,805 Average HH Income $37,594 $55,041 $72,253 Employees 3,074 13,292 66,220 Source: Regis – SitesUSA (2018) CRA » ashley heichelbech [email protected] Commercial Realty Advisors NW LLC » [email protected] 733 SW Second Avenue, Suite 200 kathleen healy Portland, Oregon 97204 SAM LEFEBER » [email protected] 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/. CRA PRINTS WITH 30% POST-CONSUMER, RECYCLED-CONTENT MATERIAL INTERIOR PHOTOS CRA CLOSE-IN | EASTSIDE PORTLAND WILLAMETTE VALLEY MEAT COMPANY CONVENTION PLAZA NORSE HALL BURNSIDE BRIDGEHEAD FALCON AUTO UNITED WHOLESALE PORTLAND FINANCE TRIO CLUB ROCK GYM 19,440 ADT (17) RONTOMS HIPPO HARDWARE JUPITER EAST PORTLAND, OREGON HOTEL Theater J&M CAFE BEAKER & FLASK SE Ash THREE FRIENDS COFFEE HOUSE SE Pine PRECISION IMAGES PHO SE Oak GREEN THE RED & BLACK CAFE FUTURE BICYCLING SLAMMERS DEVELOPMENT HUB TAVERN MY FATHER’S OTA TOFU PLACE SE Washington SE Alder 8th Ave SE 9th Ave SE SE10th Ave SE10th SE 11th Ave 11th SE 26,899 ADT (17) MORRISON BRIDGE 16,405 ADT (17) CITY MODERA BELMONT LIQUIDATORS GRAND MIXED-USE CAFE REDEVELOPMENT SITE PACIFIC SEEK THE COAST UNIQUE SIGN CO. GOAT BLOCKS SE Yamhill MIXED-USE REDEVELOPMENT PLAZA DEL TORO SE Taylor RED PROJECT SE Salmon 40,183 ADT (17) 40,183 A CONVENIENT CYCLE SE Main CRA n FUSE DESIGN MULTNOMAH COUNTY PORTLAND SCREEN PRINTING CATERING OREGON 36,759 ADT (17) ELECTRIC GROUP ACTION AUTO BOCCI’S ON GLASS 7TH OREGON TILE & MARBLE CASA BELLA GRANITE & MARBLE RENOVO CELLAR DOOR BICYCLES MCCOY COFFEE ROASTERS ELECTRIC HARVESTER BREWING 17,293 ADT (15) 17,293 TENNESSEE RED’S SEVENTH STREET ESPRESSO COOPER CONSTRUCTION APPLE FUNHOUSE FOODS LOUNGE n CRA SITE PLAN SE MORRISON STREET AVAILABLE EXCLUSIVE MARKED 1,967 SF PARKING TAQUERIA PORTLAND SE 9TH AVENUE FOR CUSTOMERS OFF STREET PARKING SE BELMONT STREET CRA n PORTLAND, OREGON CRA FULL PROFILE 2000-2010 Census, 2018 Estimates with 2023 Projections Calculated using Weighted Block Centroid from Block Groups Lat/Lon: 45.5170/-122.6575 RF1 816 SE 8th Ave 0.25 miradius 0.5 mi radius 1 mi radius Portland, OR 97214 2018 Estimated Population 1,316 5,432 21,996 N O 2023 Projected Population 1,364 5,670 22,805 I T A 2010 Census Population 916 3,979 16,727 L U 2000 Census Population 832 3,608 15,228 P O Projected Annual Growth 2018 to 2023 0.7% 0.9% 0.7% P Historical Annual Growth 2000 to 2018 3.2% 2.8% 2.5% 2018 Estimated Households 863 3,186 12,060 S D L 2023 Projected Households 907 3,351 12,701 O H 2010 Census Households 556 2,260 8,857 E S 2000 Census Households 485 2,026 7,815 U O Projected Annual Growth 2018 to 2023 1.0% 1.0% 1.1% H Historical Annual Growth 2000 to 2018 4.3% 3.2% 3.0% 2018 Est. Population Under 10 Years 8.9% 9.2% 7.6% 2018 Est. Population 10 to 19 Years 6.9% 7.0% 6.0% 2018 Est. Population 20 to 29 Years 21.5% 23.8% 23.3% E 2018 Est. Population 30 to 44 Years 30.8% 30.9% 31.9% G A 2018 Est. Population 45 to 59 Years 21.4% 18.3% 18.2% 2018 Est. Population 60 to 74 Years 8.9% 9.1% 10.4% 2018 Est. Population 75 Years or Over 1.6% 1.7% 2.6% 2018 Est. Median Age 34.2 32.8 34.3 S 2018 Est. Male Population 58.9% 54.0% 53.5% U T R 2018 Est. Female Population 41.1% 46.0% 46.5% A E T D S 2018 Est. Never Married 64.0% 62.9% 58.4% N L E A 2018 Est. Now Married 7.6% 17.0% 20.6% G T I & R 2018 Est. Separated or Divorced 26.3% 18.0% 18.4% A M 2018 Est. Widowed 2.1% 2.1% 2.5% 2018 Est. HH Income $200,000 or More 1.9% 4.9% 7.1% 2018 Est. HH Income $150,000 to $199,999 2.2% 3.7% 4.6% 2018 Est. HH Income $100,000 to $149,999 5.0% 9.6% 12.9% 2018 Est. HH Income $75,000 to $99,999 6.3% 11.0% 12.2% 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 The information sources deemed to be reliable. private and government was produced using data from report This 2018 Est. HH Income $50,000 to $74,999 16.6% 18.1% 16.9% E M 2018 Est. HH Income $35,000 to $49,999 13.8% 11.5% 12.0% O C 2018 Est. HH Income $25,000 to $34,999 9.2% 8.8% 8.8% N I 2018 Est. HH Income $15,000 to $24,999 13.6% 12.7% 10.4% 2018 Est. HH Income Under $15,000 31.6% 19.6% 15.2% 2018 Est. Average Household Income $37,594 $55,041 $72,253 2018 Est. Median Household Income $31,130 $49,036 $58,219 2018 Est. Per Capita Income $26,751 $33,149 $40,742 2018 Est. Total Businesses 348 1,514 5,942 2018 Est. Total Employees 3,074 13,292 66,220 ©2019, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 3 Demographic Source: Applied Geographic Solutions 10/2018, TIGER Geography FULL PROFILE 2000-2010 Census, 2018 Estimates with 2023 Projections Calculated using Weighted Block Centroid from Block Groups Lat/Lon: 45.5170/-122.6575 RF1 816 SE 8th Ave 0.25 miradius 0.5 mi radius 1 mi radius Portland, OR 97214 2018 Est. White 73.4% 78.0% 80.3% 2018 Est. Black 9.9% 7.1% 6.3% E C A 2018 Est. Asian or Pacific Islander 3.4% 3.6% 4.4% R 2018 Est. American Indian or Alaska Native 2.3% 1.8% 1.4% 2018 Est. Other Races 11.1% 9.5% 7.6% C 2018 Est. Hispanic Population 168 606 1,965 I N 2018 Est. Hispanic Population 12.8% 11.2% 8.9% A P S 2023 Proj. Hispanic Population 13.1% 11.7% 9.3% I H 2010 Hispanic Population 6.9% 6.1% 5.8% 2018 Est. Adult Population (25 Years or Over) 999 4,084 17,218 ) r 2018 Est. Elementary (Grade Level 0 to 8) 3.2% 2.0% 1.5% e d N l 2018 Est. Some High School (Grade Level 9 to 11) 4.5% 2.8% 2.4% O I O r T 2018 Est. High School Graduate 22.9% 15.1% 11.7% A o 5 C 2018 Est. Some College 23.7% 17.5% 19.2% 2 U s D t l E 2018 Est. Associate Degree Only 5.4% 6.6% 6.8% u d A 2018 Est. Bachelor Degree Only 28.2% 37.0% 38.1% ( 2018 Est. Graduate Degree 12.1% 19.0% 20.3% G 2018 Est. Total Housing Units 879 3,253 12,434 N I 2018 Est. Owner-Occupied 4.0% 11.5% 18.1% S U 2018 Est. Renter-Occupied 94.1% 86.5% 78.9% O H 2018 Est. Vacant Housing 1.8% 2.1% 3.0% R 2010 Homes Built 2005 or later 5.4% 7.2% 4.0% A E 2010 Homes Built 2000 to 2004 7.8% 7.8% 9.1% Y Y 2010 Homes Built 1990 to 1999 6.9% 9.9% 10.7% B T 2010 Homes Built 1980 to 1989 7.0% 6.6% 7.4% L I U 2010 Homes Built 1970 to 1979 14.6% 12.8% 15.5% B S 2010 Homes Built 1960 to 1969 3.8% 8.5% 8.5% E M 2010 Homes Built 1950 to 1959 16.2% 8.6% 8.5% O H 2010 Homes Built Before 1949 84.4% 71.9% 59.1% 2010 Home Value $1,000,000 or More 0.6% 0.9% 1.5% 2010 Home Value $500,000 to $999,999 33.6% 30.8% 41.5% or warranty.