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Download Flyer » CLOSE-IN EASTSIDE RETAIL/RESTAURANT OPPORTUNITIES « ĭĸħĴĪĨīIJijĵĴĺ FOR LEASE IN PORTLAND, OREGON Location SE Grand Avenue & Belmont Street (SE corner) Available Space 1,155 SF – 4,723 SF Rental Rate $30.00 – $34.00/SF/YR, NNN Comments • New, mixed use project in Portland’s central eastside (131 market rate apartments above ground floor retail). • Excellent opportunity for coffee/café operator to occupy prime 1,155 SF corner space with direct connection to building lobby and conference room. • Opportunities for space fronting SE Grand Avenue, including corner of Grand & Yamhill, ideal for restaurant, retail/service retail. • Retail features large glass storefronts, high (15') ceilings and incredible visibility and signage. • Notable area tenants include: Afuri Ramen, Dig a Pony, Kachka, Loyal Legion, Trifecta Tavern, Voicebox Karaoke, and just steps from the “Goat Blocks” mixed use redevelopment including Market of Choice, among others. • Available Now! Traffic CountS SE Grand Avenue | 52,347 ADT (18) SE Belmont Street | 2,826 ADT (18) SE Morrison Street | 20,394 ADT (18) CRA Commercial Realty Advisors NW LLC ashley heichelbech [email protected] 733 SW Second Avenue, Suite 200 Portland, Oregon 97204 kathleen healy [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/home/agency-disclosure.html. CRA PRINTS WITH 30% POST-CONSUMER, RECYCLED-CONTENT MATERIAL. ĭĸħĴĪĨīIJijĵĴĺ PERSPECTIVE LOOKING EAST FROM HAWTHORNE BRIDGE PERSPECTIVE LOOKING WEST AT THE CORNER CAFE OPPOORTUNITY SITE RENDERINGS PERSPECTIVE LOOKING NORTH ON SE GRAND AVENUE PERSPECTIVE LOOKING AT THE SW CORNER FROM GRAND RESTAURANT RENDERING RESTAURANT RENDERING 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 23,393 ADT (18) E Burnside St 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 38,442 ADT (18) MORRISON BRIDGE 20,394 ADT (18) 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 52,347 ADT (18) 52,347 A CONVENIENT CYCLE SE Main CRA n FUSE DESIGN MULTNOMAH COUNTY PORTLAND SCREEN PRINTING CATERING OREGON 51,253 ADT (18) 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 38,037 ADT (18) 38,037 TENNESSEE RED’S SEVENTH STREET ESPRESSO COOPER CONSTRUCTION APPLE FUNHOUSE FOODS LOUNGE n CRA SITE PLAN / GRAND BELMONT ĭĸħĴĪĨīIJijĵĴĺ RESIDENTIAL PARKING {2018} LOBBY 2,826 adt OPEN TO LOBBY SE YAMHILL STREET SE YAMHILL SE BELMONT STREET RETAIL 3 RETAIL 2 AVAILABLE VENT CAPABLE FOR AVAILABLE RESTAURANT USE 2,589 SF RETAIL 1 2,134 SF AVAILABLE VENT CAPABLE FOR 1,155 SF RESTAURANT USE TOILET 116 49 SF RETAIL AREA LOBBY can be combined (4,723 SF) LOBBY 100 UP UP GREASE DUCT ABOVE RETAIL 1 RETAIL BIKE PARKING SE GRAND AVENUE 52,347 adt {2018} RETAIL 2 RETAIL 3 20' - 9" RETAIL TRASH RETAIL 1 115 RETAIL TRASH 197 SF 110 CRA 1155 SF 1" WATER TOILET n 5' - 6" RENTABLE SUPPLY 5' - 6" ABOVE 2' - 2' 7" - 2' - 2' 7" - 1" WATER SUPPLY ABOVE 4" WASTE LINE RETAIL 3 BELOW RETAIL 2 1" WATER SUPPLY ABOVE 111B 111A GREASE DUCT ABOVE 2589 SQFT RENTABLE 33' - 33' 11" - 45' - 45' 6" - 2134 SF RENTABLE 27' - 27' 9" - 4" WASTE LINE BELOW 19' - 19' 7" - 70' - 7" 83' - 10" GREASE INTERCEPTOR LEVEL 1 - BOMA retail 1 1/16" = 1'-0" DATE: 3.19.2019 ™ GRAND AND BELMONT SD-1 RENTABLE SQUARE FOOTAGE PROJECT #: 161211 514 SE BELMONT SCALE: 1/16" = 1'-0" GRAND BELMONT LLC © ANKROM MOISAN ARCHITECTS, INC. PORTLAND, OREGON CRA FULL PROFILE COMMERCIAL CRA REALTY ADVISORS 2000-2010 Census, 2019 Estimates with 2024 Projections NORTHWEST LLC Calculated using Weighted Block Centroid from Block Groups Lat/Lon: 45.5164/-122.6607 SE Belmont St & SE Grand Ave 1 mi radius 3 mi radius 5 mi radius 2019 Estimated Population 0 T 21,382 218,463 457,899 2024 Projected Population 0 T 22,148 226,096 472,955 2010 Census Population 0 T 16,976 182,239 403,047 2000 Census Population 0 T 14,613 163,999 377,095 Projected Annual Growth 2019 to 2024 - 0.7% 0.7% 0.7% POPULATION Historical Annual Growth 2000 to 2019 - 2.4% 1.7% 1.1% 2019 Estimated Households 0 T 11,951 112,752 212,953 2024 Projected Households 0 T 12,621 119,196 225,318 2010 Census Households 0 T 9,191 91,468 183,456 2000 Census Households 0 T 7,567 81,573 167,508 Projected Annual Growth 2019 to 2024 - 1.1% 1.1% 1.2% HOUSEHOLDS Historical Annual Growth 2000 to 2019 - 3.0% 2.0% 1.4% 2019 Est. Population Under 10 Years - 7.9% 8.9% 9.7% 2019 Est. Population 10 to 19 Years - 6.9% 7.4% 8.4% 2019 Est. Population 20 to 29 Years - 21.9% 18.1% 15.5% 2019 Est. Population 30 to 44 Years - 30.7% 29.4% 28.5% AGE 2019 Est. Population 45 to 59 Years - 18.7% 17.8% 18.7% 2019 Est. Population 60 to 74 Years - 11.3% 13.9% 14.2% 2019 Est. Population 75 Years or Over - 2.5% 4.4% 4.9% 2019 Est. Median Age 34.8 36.8 37.4 2019 Est. Male Population - 54.6% 50.4% 49.8% 2019 Est. Female Population - 45.4% 49.6% 50.2% 2019 Est. Never Married - 55.0% 46.1% 41.6% 2019 Est. Now Married - 22.6% 35.5% 38.9% & GENDER 2019 Est. Separated or Divorced - 20.4% 15.5% 16.2% 2019 Est. Widowed - 2.1% 2.9% 3.4% MARITAL STATUS 2019 Est. HH Income $200,000 or More - 6.8% 11.4% 10.0% 2019 Est. HH Income $150,000 to $199,999 - 4.9% 8.7% 8.7% 2019 Est. HH Income $100,000 to $149,999 - 12.4% 15.3% 16.1% 2019 Est. HH Income $75,000 to $99,999 - 12.3% 12.8% 13.8% 2019 Est. HH Income $50,000 to $74,999 - 17.6% 15.8% 17.0% 2019 Est. HH Income $35,000 to $49,999 - 10.6% 9.9% 10.3% 2019 Est. HH Income $25,000 to $34,999 - 7.5% 6.5% 6.4% INCOME 2019 Est. HH Income $15,000 to $24,999 - 10.0% 7.1% 6.9% 2019 Est. HH Income Under $15,000 - 17.9% 12.6% 10.6% 2019 Est. Average Household Income $0 T $71,790 $101,101 $100,899 2019 Est. Median Household Income $0 T $58,164 $77,385 $78,370 2019 Est. Per Capita Income $0 T $41,553 $52,607 $47,240 2019 Est. Total Businesses 0 T 7,585 24,697 34,534 2019 Est. Total Employees 0 T 88,903 287,760 382,339 FULL PROFILE COMMERCIAL 2000-2010 Census, 2019 Estimates with 2024 Projections CRA REALTY ADVISORS NORTHWEST LLC Calculated using Weighted Block Centroid from Block Groups Lat/Lon: 45.5164/-122.6607 SE Belmont St & SE Grand Ave 1 mi radius 3 mi radius 5 mi radius 2019 Est. White - 78.3% 80.6% 77.2% 2019 Est. Black - 6.1% 5.5% 6.4% 2019 Est. Asian or Pacific Islander - 5.3% 5.7% 7.5% RACE 2019 Est. American Indian or Alaska Native - 1.7% 0.9% 0.9% 2019 Est. Other Races - 8.6% 7.3% 8.1% 2019 Est. Hispanic Population 0 T 2,689 18,360 39,142 2019 Est. Hispanic Population - 12.6% 8.4% 8.5% 2024 Proj. Hispanic Population - 13.1% 8.8% 8.9% HISPANIC 2010 Hispanic Population - 5.9% 5.3% 6.9% 2019 Est. Adult Population (25 Years or Over) - 16,461 168,157 347,989 2019 Est. Elementary (Grade Level 0 to 8) - 1.4% 1.3% 2.1% 2019 Est. Some High School (Grade Level 9 to 11) - 2.6% 1.9% 2.7% 2019 Est. High School Graduate - 11.5% 9.1% 12.0% 2019 Est. Some College - 19.2% 17.2% 19.0% 2019 Est. Associate Degree Only - 6.0% 6.0% 6.5% EDUCATION 2019 Est. Bachelor Degree Only - 38.1% 37.0% 33.8% (Adults 25 or Older) 2019 Est. Graduate Degree - 21.2% 27.6% 23.8% 2019 Est. Total Housing Units - 12,403 116,248 218,772 2019 Est. Owner-Occupied - 17.6% 35.8% 47.2% 2019 Est. Renter-Occupied - 78.7% 61.2% 50.2% HOUSING 2019 Est. Vacant Housing - 3.6% 3.0% 2.7% 2019 Homes Built 2010 or later - 9.2% 8.7% 6.6% 2019 Homes Built 2000 to 2009 - 9.8% 9.7% 8.8% 2019 Homes Built 1990 to 1999 - 9.4% 7.7% 7.5% 2019 Homes Built 1980 to 1989 - 8.1% 6.2% 6.4% 2019 Homes Built 1970 to 1979 - 11.5% 9.7% 10.6% 2019 Homes Built 1960 to 1969 - 5.2% 5.9% 6.7% 2019 Homes Built 1950 to 1959 - 5.6% 6.9% 10.0% HOMES BUILT BY YEAR 2019 Homes Built Before 1949 - 37.6% 42.1% 40.8% 2019 Home Value $1,000,000 or More - 3.5% 4.7% 3.1% 2019 Home Value $500,000 to $999,999 - 48.6% 52.0% 38.7% 2019 Home Value $400,000 to $499,999 - 20.6% 19.9% 20.5% 2019 Home Value $300,000 to $399,999 - 26.6% 20.6% 26.4% 2019 Home Value $200,000 to $299,999 - 7.9% 8.2% 14.3% 2019 Home Value $150,000 to $199,999 - 0.5% 0.8% 1.7% 2019 Home Value $100,000 to $149,999 - 0.8% 0.3% 0.6% 2019 Home Value $50,000 to $99,999 - 0.5% 0.3% 0.6% HOME VALUES 2019 Home Value $25,000 to $49,999 - 0.3% 0.3% 0.3% 2019 Home Value Under $25,000 - 0.7% 0.5% 0.8% 2019 Median Home Value $0 T $494,969 $541,452 $470,298 2019 Median Rent $0 T $1,066 $1,142 $1,123 FULL PROFILE COMMERCIAL CRA REALTY ADVISORS 2000-2010 Census, 2019 Estimates with 2024 Projections NORTHWEST LLC Calculated using Weighted Block Centroid from Block Groups Lat/Lon: 45.5164/-122.6607 SE Belmont St & SE Grand Ave 1 mi radius 3 mi radius 5 mi radius 2019 Est.
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