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

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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

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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.

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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

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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

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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

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EAT + DRINK GROCERY + SHOPPING

1 Papa Haydn 1 New Seasons Market 9 2 PDX Sliders 2 QFC

19 3 Saburos Sushi House 3 Savory Spice Shop 14 4 Reverend’s BBQ 4 Zupan’s Market 13 18 5 Grand Central Bakery 5 Foster’s Market & Deli 17 16 6 a Cena Ristorante 6 Plaid Pantry

5035 SE MCLOUGHLIN 15 7 Jade Teahouse 7 Safeway

8 8 1 Bertie Lou’s Cafe The Portland Bottle Shop 3 1 7 9 PieVino 9 Bike Gallery 8 2 12 2 10 Gino’s 10 Columbia Factory Store 2 3 4 5 9 11 Ancestry Brewing HEALTH + SERVICES 6 4 12 Fairlane Coffee 7 4 6 1 Reed College 3 7 13 Coco Donuts & Coffee 2 Eastmoreland Goft Course 6 5 8 1 9 8 14 Rocio’s Mexican Restaurant 10 3 Crystal Springs Garden 10 11 15 The MAC’D Window 4 5 16 RF’s Bar & Grill 5 Oaks 17 La Carreta Mexican Restaurant 6 18 Dutch Bros Coffee 7 Oaks Bottom 15 Pizza Doughnais 8

8 Aladdin Theater

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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

SUBMARKET OVERVIEW

The historic Brooklyn Neighborhood of southeast Portland is one of Portland’s oldest and closest to downtown, and has a mix of everything - residential, commercial, and industrial.

HISTORIC BROOKLYN This neighborhood is highly Residents have plenty of coffee, pub commuter friendly, with TriMet’s and dining options just a stone’s award winning MAX Orange Line of throw away in most cases across its light rail system running through several adjoining neighborhoods. it and connecting it to downtown The Brooklyn neighborhood is Portland via the recently built Tillikum Many of the historic commercial bordered by Creston-Kenilworth, Bridge, highly bikeable, and highly buildings, along SE 17th Ave and SE Reed and Sellwood-Moreland, walkable, with sidewalks and public Holgate St. have been renovated, as Hosford Abernathy neighborhoods, trails running along the Willamette well as many of the historic industrial and the . Brooklyn is River. Home to Brooklyn Intermodal buildings, like the Iron Fireman close to many of the eastside’s most Rail Yard, a 110 acre Union Pacific rail Collective, which now leases spaces hip and popular neighborhoods, yard in operation since the 1860’s, crafted for makers, manufacturers, such as Sellwood, Woodstock, Brooklyn is also home to TriMet’s fabricators, innovators, and Hawthorne, Belmont, and Division. operational headquarters. entrepreneurs.

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. LOCATION OVERVIEW

“main street” dynamic makes this community feel warm and connected. This small town tucked SELLWOOD SUBMARKET inside a larger city is a neighborhood OVERVIEW where people hang out at the coffee On a bluff overlooking the shops on the weekend, and couples Willamette River, the Sellwood- can be seen pushing strollers and Moreland neighborhood is walking their dogs. This area is family located in the Southeast Portland friendly, walkable, and livable with quadrant and bordered by a keen sense of community pride. the river and the Brooklyn and Eastmoreland neighborhoods. On weekends, residents can take a Sellwood-Moreland, less than a spin on the at Oaks Park, ten-minute drive to Downtown, the historic amusement park, or has a self-sustaining commercial hike through the wildlife refuge center featuring many unique at . Sellwood Park local businesses, fabulous also includes baseball and soccer antique shopping, fine dining, fields, basketball and tennis courts, SELLWOOD PARK - A "WALKER'S PARADISE" microbreweries and century-old excellent views of downtown, access homes. Just a few of the most to the riverfront, walking trails, popular destinations include playgrounds, and summertime the New Seasons Market, a local concerts. 99E corridor, connecting Portland’s grocery chain, Grand Central Bakery inner Southeast neighborhoods, redevelopment of several small storefront buildings, & Café, Gino’s, Portofino, and The Bicyclists can enjoy easy access like Sellwood, to the Portland and local independent retail has continued south on Muddy Rudder Public House. to the 21 mile Springwater Trail, commuter rail line. The line travels SE Milwaukie Avenue to the established high-end which connects Sellwood to a from downtown Portland across the Garthwick and Waverly neighborhoods. Nearby, The area’s mature tree-lined streets broader bikeway infrastructure new Tilikum Crossing transit bridge downtown Milwaukie Avenue is undergoing early contain many restored Victorian and system expanding across Portland. with service to Milwaukie and Oak stages of revitalization and will likely see the benefits colonial homes, attracting primarily Additionally, in September of Grove, to the south. of the adjacent, prospering Moreland business district. young families and professionals. 2015, TriMet’s award winning MAX In comparison to downtown Portland, its affordable Like most Portland neighborhoods, Orange Line opened services along More growth continues in the rental rates and a stable tight-knit community keep this Sellwood-Moreland’s traditional McLoughlin Boulevard/Highway surrounding areas with the neighborhood retail balanced and ever expanding.

$538,769 A- 10

MEDIUM HOME PRICE PUBLIC SCHOOL RATING MINUTES TO DOWNTOWN PORTLAND

5035 SE MCLOUGHLIN BLVD  OFFERING MEMORANDUM  KIDDER MATHEWS 13 LOCATION OVERVIEW

THE emerges from within the old Portland Railway right-of-way. Portland’s growing multi-modal infrastructure planning pushed the city forward as it achieve In 1903, Portland Railway Light began its service hauling a 1st place ranking for highest rate of bicycling passengers and farm produce between the cities that commuters. Sellwood-Moorland most popular sprung up along the line. During this period, attractions connection point is through the Springwater like the , and five city parks Corridor where bicyclist and joggers alike can enjoy were developed to increase railway traffic. Passenger a scenic landscape while traveling within the city. service was discontinued in 1958 and was used for freight until 1989 when the process for converting these rails to trails took root.

An estimated 400,000 residents use the Springwater Corridor annually, especially as a bicycle commute lane during rush-hour. Whether the user's goal is to get in a workout or stop and admire the breathtaking wildlife, the Springwater Corridor Trail is an essential part of life in Southeast Portland.

The 21-mile Springwater Corridor Trail is part of a larger, regional trail system that creates a bike-able network the trail include the Oaks Bottom Wildlife Refuge, stretching over 120 miles. Starting at the Sellwood Tideman Johnson Nature Park, the Riverfront Park Trailhead and ending in Boring, OR, Nature Park, and old trolley stations. The refurbished the Springwater Corridor is a multi-use asphalt trail Linneman Station Trailhead is an excellent stop to separated from the public road for increased safety use the amenities and learn more about the trail’s and usability. The trail has a 10-to-12 foot wide asphalt history. Trail users have access to restrooms, wildlife path that accommodates two lanes of foot and bicycle observation, scenic viewpoints, and picnic areas traffic and has a second path for equestrian riders when throughout the corridor. the topography allows. This scenic route encompasses wetlands, buttes, agricultural fields and pastures, as Originally envisioned by Charles and Frederick well as residential and industrial neighborhoods. (Jr.) Olmsted, in their 1903 city plan of connected parkways, boulevards and parks, the Springwater Summer sees an explosion of wild blackberries while Corridor Trail is an important piece of the expanding winding along the trail and back and forth across green network throughout Portland. Although not Johnson Creek’s ten river crossings. Attractions along directly designed by the famous duo, their vision

5035 SE MCLOUGHLIN BLVD  OFFERING MEMORANDUM  KIDDER MATHEWS 14 FOR SALE OR LEASE 5035 SE McLoughlin Blvd PORTLAND, OR

MARKET OVERVIEW

Portland is considered one of the Portland is known for its progressive nation’s most livable cities. bike-friendly attitude, lively music and restaurant scenes, food carts, CITY OF PORTLAND farmers’ markets, and endless recreation possibilities. Beyond Located on the banks of the the metro area residents enjoy the Willamette River only 90 minutes Pacific Northwest’s natural beauty via from snow-capped peaks and slopes, sails, surf and trails. the Pacific Ocean, one might not Winterhawks. Outdoor enthusiasts realize Portland’s bustling downtown Portland is a walkable and bikeable love Forest Park, the largest city and waterfront are the heart of a city. Within walking distance of most park in the nation, with 5,000 acres metropolitan region with more than parts of downtown is the campus of hiking and biking trails, a zoo, 2 million people. Twelve bridges of Portland State University, the public gardens and beautiful old- span a wide elbow of the Willamette world-class Portland Art Museum, growth woods. The downtown core River, connecting the east and west Waterfront Park, Pioneer Courthouse is connected by one of the world’s sides of town. Throughout the metro Square, the Oregon Historical leading public transportation area are thriving neighborhoods Society, a performing arts complex systems, a combination of buses, filled with restaurants, record shops, and a concert hall. For the sports- streetcars, and light-rail trains, bars, funky clothing stores, antique minded, Portland is home of the MLS putting the entire metro area only malls and art galleries. Timbers, NBA Trail Blazers, and WHL a couple stops away.

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. EXCLUSIVELY REPRESENTED BY

JORDAN CARTER 503.221.2280 [email protected]

CLAY NEWTON 503.721.2719 [email protected]

TYLER LINN 503.721.2702 [email protected]

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