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Orenco Station Town Center for Lease | Hillsboro, Oregon

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Orenco Station Town Center for Lease | Hillsboro, Oregon ORENCO STATION TOWN CENTER FOR LEASE | HILLSBORO, OREGON Location Cornell Rd & Orenco Station Pkwy in Hillsboro, OR Available Space 1,540 SF Rental Rate $30.00/SF/YR, NNN Comments Beautiful retail shop space available at Portland’s award-winning suburban mixed-use development. Anchored by New Seasons, Orenco Station Town Center is surrounded by vibrant neighborhoods, major employers such as Intel, and other high-volume retailers such as Costco, WinCo, Kohls & Walgreens. Traffic CountS Cornell Rd – 29,388 ADT (17) Demographics 1 MILE 3 MILE 5 MILE Estimated Population 2018 14,288 120,718 243,964 Population Forecast 2023 14,980 126,440 255,680 Average HH Income $106,284 $96,334 $100,403 Employees 15,376 47,383 91,642 Source: Regis – SitesUSA (2018) CRA Commercial Realty Advisors NW LLC JEFF OLSON 733 SW Second Avenue, Suite 200 503.274.0211 Portland, Oregon 97204 www.cra-nw.com [email protected] 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 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 SITE NE Cornell Road HAWTHORN FARM 1,612 Employees MAX LIGHT RAIL MAX LIGHT RAIL 1,275 Employees TUALITY HOSPITAL 167 BEDS SUNSET ESPLANADE SHOPPING CENTER ALOHA CAMPUS n CRA ORENCO AREA | HILLSBORO, OREGON RONLER ACRES 7,043 Employees CROSSROADS AT ORENCO STATION ORENCO STATION TOWN CENTER SITE QUANTAMA ELEMENTARY SCHOOL HAWTHORN FARM 1,612 Employees CRA n ORENCO STATION | SITE PLAN CENTRAL PARK 2 AVAILABLE 1,540 SF CRA n ORENCO STATION | building PLAN AVAILABLE 1,540 SF CRA n HILLSBORO, OREGON CRA FULL PROFILE 2000-2010 Census, 2018 Estimates with 2023 Projections Calculated using Weighted Block Centroid from Block Groups Lat/Lon: 45.5343/-122.9166 RF1 6221 NE Cornell Road 1 mi radius 3 mi radius 5 mi radius Hillsboro, OR 97124 2018 Estimated Population 0 T 14,288 120,718 243,964 2023 Projected Population 0 T 14,980 126,440 255,680 2010 Census Population 0 T 10,604 102,295 209,713 2000 Census Population 0 T 4,705 82,780 169,056 Projected Annual Growth 2018 to 2023 - 1.0% 0.9% 1.0% POPULATION Historical Annual Growth 2000 to 2018 - 11.3% 2.5% 2.5% 2018 Estimated Households 0 T 6,590 45,994 90,602 2023 Projected Households 0 T 7,001 48,930 96,408 2010 Census Households 0 T 4,726 38,229 76,893 2000 Census Households 0 T 2,065 30,521 61,495 Projected Annual Growth 2018 to 2023 - 1.2% 1.3% 1.3% HOUSEHOLDS Historical Annual Growth 2000 to 2018 - 12.2% 2.8% 2.6% 2018 Est. Population Under 10 Years - 13.8% 13.3% 13.3% 2018 Est. Population 10 to 19 Years - 9.3% 12.7% 13.0% 2018 Est. Population 20 to 29 Years - 16.5% 16.0% 14.8% 2018 Est. Population 30 to 44 Years - 26.7% 24.4% 24.4% AGE 2018 Est. Population 45 to 59 Years - 15.3% 17.4% 18.1% 2018 Est. Population 60 to 74 Years - 12.9% 11.8% 12.1% 2018 Est. Population 75 Years or Over - 5.5% 4.5% 4.3% 2018 Est. Median Age 34.1 34.0 34.6 2018 Est. Male Population - 49.2% 49.8% 49.9% 2018 Est. Female Population - 50.8% 50.2% 50.1% 2018 Est. Never Married - 27.3% 29.9% 29.4% 2018 Est. Now Married - 55.7% 50.4% 51.8% & GENDER 2018 Est. Separated or Divorced - 13.1% 15.6% 14.7% 2018 Est. Widowed - 3.9% 4.0% 4.1% MARITAL STATUS 2018 Est. HH Income $200,000 or More - 11.7% 7.9% 9.1% 2018 Est. HH Income $150,000 to $199,999 - 11.5% 9.0% 9.6% 2018 Est. HH Income $100,000 to $149,999 - 24.2% 19.7% 19.6% 2018 Est. HH Income $75,000 to $99,999 - 16.4% 17.0% 16.2% 2018 Est. HH Income $50,000 to $74,999 - 14.8% 18.5% 17.7% 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 is provided herein The information reliable. be to deemed sources government and private from using data produced was report This 2018 Est. HH Income $35,000 to $49,999 - 6.9% 10.3% 9.9% 2018 Est. HH Income $25,000 to $34,999 - 4.3% 6.4% 6.6% INCOME 2018 Est. HH Income $15,000 to $24,999 - 3.8% 5.6% 5.4% 2018 Est. HH Income Under $15,000 - 6.3% 5.7% 5.8% 2018 Est. Average Household Income $0 T $106,284 $96,334 $100,403 2018 Est. Median Household Income $0 T $98,633 $81,973 $85,334 2018 Est. Per Capita Income $0 T $49,028 $36,779 $37,422 2018 Est. Total Businesses 0 T 700 3,507 7,156 2018 Est. Total Employees 0 T 15,376 47,383 91,642 ©2019, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 3 Demographic Source: Applied Geographic Solutions 10/2018, 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 is provided herein The information reliable. be to deemed sources government and private from using data produced was report This FULL PROFILE 2000-2010 Census, 2018 Estimates with 2023 Projections Calculated using Weighted Block Centroid from Block Groups Lat/Lon: 45.5343/-122.9166 RF1 6221 NE Cornell Road 1 mi radius 3 mi radius 5 mi radius Hillsboro, OR 97124 2018 Est. White - 73.3% 69.5% 67.5% 2018 Est. Black - 2.9% 2.8% 2.9% 2018 Est. Asian or Pacific Islander - 16.4% 12.9% 15.1% RACE 2018 Est. American Indian or Alaska Native - 0.6% 0.9% 0.8% 2018 Est. Other Races - 6.9% 14.0% 13.6% 2018 Est. Hispanic Population 0 T 1,385 24,886 46,036 2018 Est. Hispanic Population - 9.7% 20.6% 18.9% 2023 Proj. Hispanic Population - 9.9% 21.1% 19.3% HISPANIC 2010 Hispanic Population - 8.4% 19.8% 18.1% 2018 Est. Adult Population (25 Years or Over) - 10,018 81,017 164,232 2018 Est. Elementary (Grade Level 0 to 8) - 1.4% 4.4% 4.5% 2018 Est. Some High School (Grade Level 9 to 11) - 2.2% 5.0% 4.5% 2018 Est. High School Graduate - 12.1% 18.9% 18.6% 2018 Est. Some College - 16.1% 21.2% 20.4% 2018 Est. Associate Degree Only - 8.2% 10.2% 9.5% EDUCATION 2018 Est. Bachelor Degree Only - 30.2% 24.5% 25.9% (Adults 25 or Older) 2018 Est. Graduate Degree - 29.7% 15.8% 16.6% 2018 Est. Total Housing Units - 6,743 46,913 92,336 2018 Est. Owner-Occupied - 44.3% 52.8% 56.8% 2018 Est. Renter-Occupied - 53.5% 45.3% 41.3% HOUSING 2018 Est. Vacant Housing - 2.3% 2.0% 1.9% 2018 Homes Built 2010 or later - 9.3% 7.4% 6.5% 2018 Homes Built 2000 to 2009 - 42.4% 21.3% 20.8% 2018 Homes Built 1990 to 1999 - 25.7% 27.4% 27.1% 2018 Homes Built 1980 to 1989 - 9.7% 12.3% 12.6% 2018 Homes Built 1970 to 1979 - 6.2% 19.7% 19.4% 2018 Homes Built 1960 to 1969 - 1.7% 4.9% 5.7% 2018 Homes Built 1950 to 1959 - 1.2% 2.5% 2.7% HOMES BUILT BY YEAR 2018 Homes Built Before 1949 - 1.6% 2.7% 3.3% 2018 Home Value $1,000,000 or More - 0.8% 1.0% 1.1% 2018 Home Value $500,000 to $999,999 - 12.3% 14.5% 18.6% 2018 Home Value $400,000 to $499,999 - 23.3% 17.1% 19.2% warranty. or representation without is provided herein The information reliable. be to deemed sources government and private from using data produced was report This 2018 Home Value $300,000 to $399,999 - 42.3% 33.0% 31.8% 2018 Home Value $200,000 to $299,999 - 30.2% 35.2% 31.3% 2018 Home Value $150,000 to $199,999 - 5.3% 7.1% 6.6% 2018 Home Value $100,000 to $149,999 - 2.6% 2.3% 2.2% 2018 Home Value $50,000 to $99,999 - 0.4% 1.1% 0.9% HOME VALUES 2018 Home Value $25,000 to $49,999 - 1.4% 2.0% 1.5% 2018 Home Value Under $25,000 - 1.2% 1.8% 1.7% 2018 Median Home Value $0 T $345,532 $326,429 $346,256 2018 Median Rent $0 T $1,269 $1,174 $1,166 ©2019, Sites USA, Chandler, Arizona, 480-491-1112 page 2 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: 45.5343/-122.9166 RF1 6221 NE Cornell Road 1 mi radius 3 mi radius 5 mi radius Hillsboro, OR 97124 2018 Est.
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