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5035 SE Mcloughlin Blvd PORTLAND, OR 5035 SE McLoughlin Blvd PORTLAND, OR FOR SALE OR LEASE JORDAN CARTER CLAY NEWTON TYLER LINN 503.221.2280 503.721.2719 503.721.2702 Owner-User Opportunity [email protected] [email protected] [email protected] This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your KIDDER.COM attorney, accountant, or other professional advisor. FOR SALE OR LEASE 5035 SE McLoughlin Blvd PORTLAND, OR Unique owner- user opportunity in NEW 2-SIDED ELECTRONIC close-in SE Portland HIGHLY VISIBLE LOCATION EXTENSIVELY REMODELED MESSAGING SIGN (58 SQ. FLEXIBLE CM2 WITH DAILY TRAFFIC IN 2016 FT. EACH SIDE) AT COST OF COMMERCIAL ZONING COUNT OF +53,000 $60,000 SALE PRICE: $2,500,000 LEASE RATE: $20/SF + NNN 6,258 SF BUILDING WITH LOCATED ¼ MILE FROM CAN BE DELIVERED WITH ±18 PARKING SPACES SE 17TH AVE & HOLGATE THE CURRENT TENANT OR BIKING SCORE OF 88 BLVD MAX STATION DELIVERED VACANT 360° VIEW 473,029 38.7 $114,481 $577,391 POPULATION WITHIN AVERAGE HOUSEHOLD MEDIAN AGE MEDIAN HOME VALUE 5-MILE RADIUS INCOME JORDAN CARTER CLAY NEWTON TYLER LINN 503.221.2280 503.721.2719 503.721.2702 [email protected] [email protected] [email protected] KIDDER.COM This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor. FOR SALE OR LEASE 5035 SE McLoughlin Blvd PORTLAND, OR can be accessed off of two streets. 5035 SE McLoughlin Investment Summary can be delivered with the current tenant and lease that runs through 12/31/21 (NNN at $9,669/month) PROPERTY OVERVIEW 5035 SE McLoughlin Blvd is a fantastic opportunity or delivered vacant. 5035 SE Mcloughlin Blvd for a user or investor looking for a well maintained Address The lot’s CM2 (Commercial Mixed Use 2) zoning is Portland, OR retail, office, or flex-space with amazing visibility and one of Portland’s most flexible zones. An ideal long- a high traffic count (53,000+ cars) on the corner of a term play for an investor of this site is a medium scale Property ID R181763 premier east-Portland intersection, McLoughlin Blvd. commercial or residential development. and SE 17th Ave. Year Built 1938 This property is centrally positioned in close-in Built in 1938 and consisting 6,258 SF, this concrete SE Portland, on one of the city’s main north-south building’s most recent renovation was completed thoroughfares, SE McLoughlin Blvd (Hwy. 99). With Year Remodeled 2016 in 2016, amounting to more than $300,00 in six lanes in front of the subject property, McLoughlin improvements, including the installation of two new is one of Portland’s most traveled non-freeway roads. Building SF 6,258 SF roll-up exterior doors, skylights, three new bathrooms This location in SE Portland is a Biker’s Paradise, with (two with showers), HVAC, and polished concrete a Bike Score of 88, and is located just minutes from Floors 1 flooring. The space is split between the main 5,000 the SE 17th Ave & Holgate Blvd MAX Station, which SF warehouse which features an ideal storefront with serves the MAX Orange Line. Oaks Bottom Park and Construction Type Concrete a highly visible double-sided 58 Sq. Ft. digital color the Springwater Bike Corridor are only a block away, display sign (grandfathered in), and an additional 1,258 and the popular Sellwood, Brooklyn, and Woodstock SF attached warehouse in the rear. The property also neighborhoods are all just minutes away, offering easy Parking Spaces ±18 offers ±18 designated off-street parking spaces that access to charming restaurants and quaint shops. Lot Size 0.36 acres Zoning CM2 - Commercial Mixed Use 2 SALE PRICE $2,500,000 LEASE RATE $20/SF + NNN KIDDER.COM This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor. FOR SALE OR LEASE 5035 SE McLoughlin Blvd INVESTMENT HIGHLIGHTS PORTLAND, OR NEW roof installed two years ago NEW roll-up exterior garage Interior Photos doors FITTED new skylights INSTALLED completely new bathrooms INSTALLED polished concrete flooring throughout MOUNTED new 2-sided electronic messaging sign (58 sqft. each size) NEWER HVAC system CONCRETE construction 18 parking spaces ENTRANCES off of two streets SALE PRICE $2,500,000 LEASE RATE $20/SF + NNN KIDDER.COM This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor. FOR SALE OR LEASE 5035 SE McLoughlin Blvd PORTLAND, OR KIDDER.COM This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor. FOR SALE OR LEASE 5035 SE McLoughlin Blvd COMMERCIAL MIXED- USE 2 ZONING PORTLAND, OR The CM2 zone is a medium- scale, commercial mixed-use zone intended for sites in a Exterior Photos variety of centers and corridors, in other mixed-use areas that are well served by frequent transit, or within larger areas zoned for multi-dwelling development. Buildings in this zone are generally expected to be up to four stories, except in locations where bonuses allow up to five stories. QUICK FACTS 45’ max height, which is generally 4 stories, increasing to 55’ (5 stories) with bonus provisions in some areas. FAR Range from 2.5:1 to 4.1 Parking is generally not required for non-residential uses, or for residential development that contains fewer than 30 dwelling units when development is located near transit. KIDDER.COM This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor. FOR SALE OR LEASE 5035 SE McLoughlin Blvd PORTLAND, OR Daily Traffic Count +19,700 VPD SE MCLOUGHLIN BLVD SE 17TH AVE KIDDER.COM This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor. FOR SALE OR LEASE 5035 SE McLoughlin Blvd PORTLAND, OR Daily Traffic Count +53,000 VPD SE MCLOUGHLIN BLVD SE 17TH AVE KIDDER.COM This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor. FOR SALE OR LEASE 5035 SE McLoughlin Blvd PORTLAND, OR Lot Map SE MCLOUGHLIN BLVD SE 17TH AVE KIDDER.COM This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor. FOR SALE OR LEASE 5035 SE McLoughlin Blvd PORTLAND, OR DOWNTOWN LLOYD DISTRICT PORTLAND CBD CENTRAL ±3.5 miles ±3 miles EASTSIDE ±2.25 miles ±2.5 miles SOUTH ±1 mile WATERFRONT ±2 miles ±2.5 miles DOWNTOWN SELLWOOD 5035 SE MCLOUGHLIN ±1 mile SELLWOOD BRIDGE KIDDER.COM This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty, or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material,
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