Crossroads at Orenco Station for Lease | Hillsboro, Oregon
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CROSSROADS AT ORENCO STATION FOR LEASE | HILLSBORO, OREGON Location 7290 NE Butler Street in Hillsboro, OR Available Space 2,400 SF Rental Rate Call for details Comments • Prime westside location at Cornell Rd and Cornelius Pass Rd. • Accessible from Hwy 26, Hwy 8 and the MAX line. • Anchored by Kohl’s, Dick’s Sporting Goods, WinCo Foods, Home Goods, JoAnn and Walgreens. • Major employers in the area include Intel, Applied Materials, Epson, Qorvo, Thermo Fisher Scientific and other high-volume retailers such as Costco and New Seasons. Traffic CountS Cornell Rd – 29,836 ADT (18) Cornelius Pass – 27,957 ADT (18) Demographics 1 MILE 3 MILE 5 MILE Estimated Population 2019 18,794 123,441 268,066 Population Forecast 2024 19,774 130,139 282,721 Average HH Income $106,985 $104,970 $106,714 Employees 8,324 47,743 95,691 Source: Regis – SitesUSA (2019) CRA Commercial Realty Advisors NW LLC Jeff Olson | [email protected] 733 SW Second Avenue, Suite 200 | [email protected] Portland, Oregon 97204 KELLI MAKS 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 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 SITE TOWN CENTER 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 SITE ORENCO STATION TOWN CENTER QUANTAMA ELEMENTARY SCHOOL HAWTHORN FARM 1,612 Employees CRA n CROSSROADS AT ORENCO STATION NE Cornelius Pass Rd SITE NE Butler St NE Cornell Rd n CRA CROSSROADS AT ORENCO STATION | SITE PLAN NE CORNELL RD HOT POT ‘N SUSHI MR BENTO BURGER NE BUTLER ST NE CORNELIUS PASS RD NE CORNELL RD NE WALBRIDGE DR Frozen Yogurt AVAILABLE 2,400 SF CRA n HILLSBORO, 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: 45.5354/-122.904 Crossroads at Orenco Station 1 mi radius 3 mi radius 5 mi radius Hillsboro, OR 97124 2019 Estimated Population 0 T 18,794 123,441 268,066 2024 Projected Population 0 T 19,774 130,139 282,721 2010 Census Population 0 T 13,032 102,953 227,719 2000 Census Population 0 T 6,706 81,056 184,446 Projected Annual Growth 2019 to 2024 - 1.0% 1.1% 1.1% POPULATION Historical Annual Growth 2000 to 2019 - 9.5% 2.8% 2.4% 2019 Estimated Households 0 T 8,692 47,381 99,255 2024 Projected Households 0 T 9,216 50,302 105,405 2010 Census Households 0 T 6,039 39,103 83,623 2000 Census Households 0 T 3,102 30,498 67,501 Projected Annual Growth 2019 to 2024 - 1.2% 1.2% 1.2% HOUSEHOLDS Historical Annual Growth 2000 to 2019 - 9.5% 2.9% 2.5% 2019 Est. Population Under 10 Years - 10.9% 12.4% 12.9% 2019 Est. Population 10 to 19 Years - 9.8% 12.3% 12.8% 2019 Est. Population 20 to 29 Years - 17.2% 15.2% 14.5% 2019 Est. Population 30 to 44 Years - 24.3% 24.5% 24.4% AGE 2019 Est. Population 45 to 59 Years - 18.4% 18.2% 18.3% 2019 Est. Population 60 to 74 Years - 15.4% 12.9% 12.7% 2019 Est. Population 75 Years or Over - 4.0% 4.4% 4.4% 2019 Est. Median Age 37.0 35.3 35.2 2019 Est. Male Population - 50.2% 50.0% 50.1% 2019 Est. Female Population - 49.8% 50.0% 49.9% 2019 Est. Never Married - 34.3% 31.1% 30.6% 2019 Est. Now Married - 48.0% 51.1% 51.7% & GENDER 2019 Est. Separated or Divorced - 15.2% 14.7% 14.7% 2019 Est. Widowed - 2.5% 3.0% 3.0% MARITAL STATUS 2019 Est. HH Income $200,000 or More - 8.3% 8.3% 9.5% 2019 Est. HH Income $150,000 to $199,999 - 10.3% 10.9% 11.3% 2019 Est. HH Income $100,000 to $149,999 - 21.9% 21.0% 20.1% 2019 Est. HH Income $75,000 to $99,999 - 19.9% 19.7% 17.9% 2019 Est. HH Income $50,000 to $74,999 - 16.0% 17.2% 16.6% 2019 Est. HH Income $35,000 to $49,999 - 9.9% 9.2% 9.6% 2019 Est. HH Income $25,000 to $34,999 - 5.1% 5.5% 5.8% INCOME 2019 Est. HH Income $15,000 to $24,999 - 4.3% 4.2% 4.9% 2019 Est. HH Income Under $15,000 - 4.3% 4.1% 4.4% 2019 Est. Average Household Income $0 T $106,985 $104,970 $106,714 2019 Est. Median Household Income $0 T $89,511 $90,012 $91,188 2019 Est. Per Capita Income $0 T $49,479 $40,358 $39,643 2019 Est. Total Businesses 0 T 637 3,642 7,499 2019 Est. Total Employees 0 T 8,324 47,743 95,691 FULL PROFILE COMMERCIAL 2000-2010 Census, 2019 Estimates with 2024 Projections CRA REALTY ADVISORS Calculated using Weighted Block Centroid from Block Groups NORTHWEST LLC Lat/Lon: 45.5354/-122.904 Crossroads at Orenco Station 1 mi radius 3 mi radius 5 mi radius Hillsboro, OR 97124 2019 Est. White - 75.6% 68.4% 66.7% 2019 Est. Black - 3.3% 3.0% 2.9% 2019 Est. Asian or Pacific Islander - 12.4% 15.9% 16.1% RACE 2019 Est. American Indian or Alaska Native - 0.5% 0.7% 0.8% 2019 Est. Other Races - 8.2% 12.0% 13.5% 2019 Est. Hispanic Population 0 T 1,716 19,303 49,517 2019 Est. Hispanic Population - 9.1% 15.6% 18.5% 2024 Proj. Hispanic Population - 9.6% 16.1% 18.9% HISPANIC 2010 Hispanic Population - 12.5% 15.5% 17.7% 2019 Est. Adult Population (25 Years or Over) - 13,590 85,026 182,470 2019 Est. Elementary (Grade Level 0 to 8) - 1.6% 3.2% 4.2% 2019 Est. Some High School (Grade Level 9 to 11) - 4.0% 4.5% 4.7% 2019 Est. High School Graduate - 13.4% 16.8% 17.3% 2019 Est. Some College - 17.8% 20.6% 20.4% 2019 Est. Associate Degree Only - 10.2% 10.2% 9.5% EDUCATION 2019 Est. Bachelor Degree Only - 27.6% 27.3% 26.7% (Adults 25 or Older) 2019 Est. Graduate Degree - 25.4% 17.4% 17.3% 2019 Est. Total Housing Units - 8,891 48,288 101,102 2019 Est. Owner-Occupied - 32.4% 53.4% 57.3% 2019 Est. Renter-Occupied - 65.4% 44.7% 40.9% HOUSING 2019 Est. Vacant Housing - 2.2% 1.9% 1.8% 2019 Homes Built 2010 or later - 16.7% 9.6% 8.2% 2019 Homes Built 2000 to 2009 - 37.1% 22.1% 19.6% 2019 Homes Built 1990 to 1999 - 26.8% 26.7% 25.0% 2019 Homes Built 1980 to 1989 - 6.4% 12.6% 12.4% 2019 Homes Built 1970 to 1979 - 4.9% 17.6% 18.9% 2019 Homes Built 1960 to 1969 - 2.4% 4.8% 7.0% 2019 Homes Built 1950 to 1959 - 1.0% 2.1% 3.4% HOMES BUILT BY YEAR 2019 Homes Built Before 1949 - 2.5% 2.5% 3.6% 2019 Home Value $1,000,000 or More - 0.7% 0.7% 1.1% 2019 Home Value $500,000 to $999,999 - 23.6% 19.9% 26.3% 2019 Home Value $400,000 to $499,999 - 27.5% 25.0% 23.7% 2019 Home Value $300,000 to $399,999 - 38.1% 40.2% 36.5% 2019 Home Value $200,000 to $299,999 - 23.4% 22.3% 20.1% 2019 Home Value $150,000 to $199,999 - 4.5% 2.6% 2.6% 2019 Home Value $100,000 to $149,999 - 3.3% 1.6% 1.5% 2019 Home Value $50,000 to $99,999 - 2.6% 1.9% 1.5% HOME VALUES 2019 Home Value $25,000 to $49,999 - 1.2% 1.1% 0.8% 2019 Home Value Under $25,000 - 1.5% 1.5% 1.5% 2019 Median Home Value $0 T $373,032 $373,490 $395,810 2019 Median Rent $0 T $1,329 $1,297 $1,265 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: 45.5354/-122.904 Crossroads at Orenco Station 1 mi radius 3 mi radius 5 mi radius Hillsboro, OR 97124 2019 Est. Labor Population Age 16 Years or Over - 15,639 98,613 211,801 2019 Est. Civilian Employed - 74.0% 70.4% 68.1% 2019 Est. Civilian Unemployed - 2.8% 2.3% 2.4% 2019 Est. in Armed Forces - - - - 2019 Est. not in Labor Force - 23.1% 27.2% 29.5% 2019 Labor Force Males - 49.9% 49.5% 49.6% LABOR FORCE 2019 Labor Force Females - 50.1% 50.5% 50.4% 2019 Occupation: Population Age 16 Years or Over 0 T 11,578 69,436 144,233 2019 Mgmt, Business, & Financial Operations - 16.5% 16.5% 16.6% 2019 Professional, Related - 40.9% 31.0% 29.8% 2019 Service - 13.2% 15.6% 16.2% 2019 Sales, Office - 20.7% 20.0% 19.4% 2019 Farming, Fishing, Forestry - 0.9% 0.9% 1.0% 2019 Construction, Extraction, Maintenance - 1.8% 5.2% 5.8% OCCUPATION 2019 Production, Transport, Material Moving - 6.0% 10.8% 11.1% 2019 White Collar Workers - 78.1% 67.6% 65.8% 2019 Blue Collar Workers - 21.9% 32.4% 34.2% 2019 Drive to Work Alone - 68.3% 72.8% 73.3% 2019 Drive to Work in Carpool - 11.0% 10.4% 10.3% 2019 Travel to Work by Public Transportation - 9.8% 7.0% 6.8% 2019 Drive to Work on Motorcycle - 0.2% 0.2% 0.2% 2019 Walk or Bicycle to Work - 6.3% 4.0% 3.5% TO WORK 2019 Other Means - 0.6% 0.4% 0.4% TRANSPORTATION 2019 Work at Home - 3.8% 5.2% 5.6% 2019 Travel to Work in 14 Minutes or Less - 43.9% 31.2% 25.8% 2019 Travel to Work in 15 to 29 Minutes - 34.0% 36.4% 38.2% 2019 Travel to Work in 30 to 59 Minutes - 28.4% 30.9% 30.1% 2019 Travel to Work in 60 Minutes or More - 5.7% 6.1% 6.6% TRAVEL TIME 2019 Average Travel Time to Work 17.2 20.5 21.6 2019 Est.