FOR SALE Inside! with EXISTING BUILDINGS - MIXED COMM/RESIDENTIAL

Home , Burnside Bridge, Goat Blocks, Hawthorne Bridge, Morrison Bridge

BELMONT STREET LOTS 3 INDIVIDUAL MIXED-USE LOTS IN INNER SE PORTLAND 2324-2336 SE BELMONT ST, PORTLAND OR 97214

SE MORRISON ST

SE 20TH AVE

CONQUISTADOR LOUNGE LONE FIR CEMETERY 2121 BELMONT APTS. BELMONT COLLECTIVE

SE BELMONT ST

PAD THAI KITCHEN

DOWNTOWN PORTLAND THE LOFT ON BELMONT ~TWO MILES

Site SE BELMONT ST

See THREE 4,000 SF CONTIGUOUS DEV. LOTS FOR SALE Inside! WITH EXISTING BUILDINGS - MIXED COMM/RESIDENTIAL

PLEASE GEORGE N. DIAMOND NICHOLAS G. DIAMOND Licensed in CONTACT 503.222.2178 (office) 503.222.2655 (office) Oregon 503.781.4764 (cell) 503.887.8344 (cell) 2839 SW 2nd Avenue, Portland OR, 97201 FOR DETAILS: 01.16.2018 503.222.1655 - www.REIG.com [email protected] [email protected] BELMONT STREET LOTS

Table of Contents 1 COVER 14-15 ZONING DETAIL Broker Contact: 2 CONTENTS 16 REGIONAL AERIAL (CLOSE) GEORGE N. DIAMOND 3 INVESTMENT SUMMARY 17 REGIONAL MAP 503.222.2178 (O) 503.781.4764 (C) [email protected] SITE AERIAL VIEW DEMOGRAPHICS & BUSINESS 4 18 NICHOLAS G. DIAMOND 5-11 EXTERIOR PHOTOGRAPHY 19 BUSINESS HIGHLIGHTS 503.222.2655 (O) 503.887.8344 (C) [email protected] 12-13 LOT & ZONING MAPS 20-21 OREGON DISCLOSURE

Offer Solicitation Process:

Offers should be presented in the form of a nonbinding letter of intent, spelling out the significant terms and conditions, including, but not limited to:

(1) Asset pricing, (2) Due diligence and closing time frame, (3) Earnest money deposit, (4) A description of the debt/equity structure, and (5) Qualifications to close.

The purchase shall require all cash to be paid at closing. Purchase and sales agreement shall be Oregon CAB form. Offers and development plan should be delivered to the attention of Real Estate Investment Group. TABLE OF CONTENTS / CONTACT PAGE 2 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. BELMONT STREET LOTS

THREE CONTIGUOUS TAX LOTS FOR MIXED USE DEVELOPMENT

REAL ESTATE INVESTMENT GROUP is pleased to exclusively offer for sale three parcels of land totaling 12,000 SF on SE Belmont Street – one of Portland’s most known streets. The property consists of three adjacent 4,000sf tax lots and includes two buildings consisting of 3,200 SF leased warehouse/maker space (with approx. 1,000 SF mezzanine) and 1,518 SF single-family house. The property is in the heart of the Buckman neighborhood of SE Portland – one of Portland’s hottest neighborhoods. The Belmont parcels represents an unparalleled opportunity for investment in SE Portland’s close-in market. With the CM zoning and three individual tax lots this is a great opportunity for three small developments or one larger development. The buildings could also be renovated allowing for a mix of new development on the vacant land and income producing property on the buildings.

The property’s ideal location in the established Belmont District of Southeast Portland provides its residents great restaurants, shopping and services within walking distance. Blocks away from the brand-new Goat Blocks as well as the bustling shops on the historic Belmont strip, this is a unique opportunity for developers and investors.

Property Features SALE PRICE: $2,000,000 TOTAL AREA: 12,000 SF LOTS SOLD TOGETHER OR INDIVIDUALLY 3 4,000 SF TAX LOTS

ADDRESS: 2324-2336 SE BELMONT ST. ZONING: CM - MIXED COMMERCIAL / RESIDENTIAL PARCEL 1: 4,000 SF WITH OCCUPIED 3,200 SF WAREHOUSE HIGHLIGHTED ALLOWED USES: MULTIFAMILY, RETAIL & OFFICE* / WORKSHOP+ ~1,000 SF MEZZANINE PARCEL ID: 7900, 7800, 7700 PARCEL 2: 4,000 SF VACANT/UNIMPROVED *Primary-Use Retail and Office Developments Must Include PARCEL 3: 4,000 SF WITH 1,518 SF SINGLE Residential Development at a 1’ - 1” Square Foot Ratio - See Zoning Page FAMILY HOUSE PAGE 3 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. BELMONT STREET LOTS

The parcels location along the Buckman Neighborhood’s iconic pedestrian-friendly Belmont Street offers a sought-after location in a thriving district of inner-SE Portland. Walking distance to multiple restaurants, retailers, services and transit as well as proximity to the Morrison Bridge for accessing the west side make this location ideal.

LONE FIR CEMETERY

WILD ABANDON PAD THAI RESTAURANT 2121 BELMONT KITCHEN APARTMENTS SE BELMONT ST

CONQUISTADOR LOUNGE SE MORRISON ST Site BATTERY X-CHANGE SE BELMONT ST THE LOFT ON BELMONT

KAISER HEALTH PLAN NEMO DESIGN INSURANCE URBANAIRE LA CALACA COMELONA APARTMENTS RESTAURANT LENSBABY CAMERA ACCES. SE 20TH AVE SE BELMONT ST TAYLOR PLACE APARTMENTS

COL. SUMMERS PARK

SE YAMHILL ST

SITE AERIAL VIEW PAGE 4 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. BELMONT STREET LOTS

STREETFRONT PERSPECTIVE - SINGLE FAMILY HOME, VACANT LOT, WAREHOUSE / WORKSHOP BUILDING

SITE PHOTOGRAPHY PAGE 5 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. BELMONT STREET LOTS

LEFT: 2336 | MIDDLE: 2324 (VACANT) | RIGHT: 2324 2336: SINGLE FAMILY HOUSE

SITE PHOTOGRAPHY PAGE 6 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. BELMONT STREET LOTS

2324 SE BELMONT (WEST LOT): WAREHOUSE / WORKSHOP (3,200 SF + ~1,000 SF MEZZANINE)

SITE PHOTOGRAPHY PAGE 7 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. BELMONT STREET LOTS

2324 SE BELMONT: WAREHOUSE / WORKSHOP (3,200 SF + ~1,000 SF MEZZANINE)

SITE PHOTOGRAPHY PAGE 8 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. BELMONT STREET LOTS

2324 SE BELMONT (VACANT LOT) LOOKING TOWARDS 2336 SE BELMONT HOUSE LOT

SITE PHOTOGRAPHY PAGE 9 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. BELMONT STREET LOTS

2336 SE BELMONT: SINGLE FAMILY 1,518 SF

SITE PHOTOGRAPHY PAGE 10 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. BELMONT STREET LOTS

2336 SE BELMONT: SINGLE FAMILY 1,518 SF

SITE PHOTOGRAPHY PAGE 11 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. BELMONT STREET LOTS

LOT MAP & ADJACENT PAGE 12 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. OSOS

Data Resource Center/Metro

SE MORRISON ST

CSCS R1R1

OSOS

SE BELMONT ST Data Resource Center/Metro

CMCM SE MORRISON ST

SE 23RD AVE 2324-2336 SE Belmont St CSCS BELMONT STREET LOTSR1R1

SE YAMHILL ST

SE BELMONT ST

R2.5R2.5

CMCM

SE 22ND AVE

SE 23RD AVE R5R5 2324-2336 SE Belmont St

F SE TAYLOR ST SE YAMHILL ST 2324-2336 SE Belmont St Mixed Commercial/Residential Zone: The Mixed Commercial/Residential (CM) zone Property of Interest Feet promotes development that combines commercial and housing uses on a single site. This Zoning zone allows increased development on busier streets without fostering a strip commercial 0 65 130 Portland, CM appearance. This development type will support transit use, provide aR2.5R2.5 buffer between busy Portland, CS streets and residential neighborhoods, and provide new housing opportunities in the City. Map prepared 9/12/2017 Portland, OS The emphasis of the nonresidential uses is primarily on locally oriented retail, service, and Portland, R1 by: Fidelity National Title office uses. Other uses are allowed to provide a variety of uses that may locate in existing Portland, R2.5 503.227.5478 ~ [email protected] buildings. Development is intended to consist primarily of businesses on the ground floor SE 22ND AVE Portland, R5 Data Source: Metro RLIS, ESRI with housing on upper stories. Development is intended to be pedestrian-oriented with buildings close to and oriented to the sidewalk, especially locations at street corners. This information is reliable, but it is not guaranteed. This map is not a survey. R5R5

SE TAYLOR ST ZONING MAP PAGE 13 F The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy.

2324-2336 SE Belmont St Property of Interest Feet Zoning 0 65 130 Portland, CM Portland, CS Map prepared 9/12/2017 Portland, OS Portland, R1 by: Fidelity National Title Portland, R2.5 503.227.5478 ~ [email protected] Portland, R5 Data Source: Metro RLIS, ESRI This information is reliable, but it is not guaranteed. This map is not a survey. Title 33, Planning and Zoning Chapter 33.130 2/1/17 Commercial Zones

D. Prohibited uses. Uses listed in Table 130‐1 with an "N" are prohibited. Existing uses in categories listed as prohibited may be subject to the regulations of Chapter 33.258, Nonconforming Uses and Development.

33.130.110 Accessory Uses Uses that are accessory to a primary use are allowedBELMONT if they comply with specific regulations for STREETthe LOTS accessory uses and all development standards.

33.130.130 Nuisance‐Related Impacts A. Off‐site impacts. All nonresidential uses including their accessory uses must comply with the standards of Chapter 33.262, Off‐Site Impacts. B. Other nuisances. Other nuisances are regulated by Title 29, Property and Maintenance Chapter 33.130 Title 33, Planning and Zoning Regulations. Commercial Zones 2/1/17

Table 130‐1 Table 130‐1 Commercial Zone Primary Uses Commercial Zone Primary Uses Use Categories CN1 CN2 CO1 CO2 CM CS CG CX Use Categories CN1 CN2 CO1 CO2 CM CS CG CX Residential Categories Institutional Categories Household Living Y Y Y Y Y Y Y Y Basic Utilities Y/CU Y/CU Y/CU Y/CU Y/CU Y/CU Y/CU Y/CU Group Living L/CU L/CU L/CU L/CU L/CU L/CU L/CU [1] L/CU [10] [10] [10] [10] [10] [10] [10] [10] [1] [1] [1] [1] [1] [1] [1] Community Service L/CU L/CU L/CU L/CU L/CU L/CU L/CU [8] L/CU Commercial Categories [8] [8] [8] [8] [8] [8] [8] Retail Sales And Service L [2] Y N L [3] L [4] Y Y Y Parks And Open Areas Y Y Y Y Y Y Y Y Office L [2] Y Y Y L [4] Y Y Y Schools Y Y Y Y Y Y Y Y Quick Vehicle Servicing N L [12] N N N N Y L [12] Colleges Y Y Y Y Y Y Y Y Vehicle Repair N N N N N Y Y L [5] Medical Centers Y Y Y Y Y Y Y Y Commercial Parking N N N N N Y CU [11] CU Religious Institutions Y Y Y Y Y Y Y Y [11] Daycare Y Y Y Y Y Y Y Y Self‐Service Storage N N N N N N L [6] L [6] Other Categories Commercial Outdoor Recreation N N N N Y Y Y Y Agriculture L [13] L [13] L [13] L [13] L [13] L/CU L/CU L/CU Major Event Entertainment N N N N N CU CU Y [14] [14] [14] Industrial Categories Aviation And Surface Passenger N N N N N N CU CU Manufacturing And Production L/CU L/CU N N L/CU L/CU L/CU L/CU Terminals [2] [2] [4, 5] [5] [5,7] [5] Detention Facilities N N N N N N CU CU Warehouse And Freight Movement N N N N N N CU [5,7] N Mining N N N N N N N N Wholesale Sales N N N N L [4, 5] L [5] L [5,7] L [5] Radio Frequency Transmission L/CU L/CU L/CU L/CU L/CU L/CU L/CU [9] L/CU Industrial Service N N N N N CU [5] CU [5,7] CU [5] Facilities [9] [9] [9] [9] [9] [9] [9] Bulk Fossil Fuel Terminal N N N N N N N N Rail Lines And Utility Corridors CU CU CU CU CU CU CU CU Railroad Yards N N N N N N N N Y = Yes, Allowed L = Allowed, But Special Limitations Waste‐Related N N N N N N N N CU = Conditional Use Review Required N = No, Prohibited Primary-UseNotes: Retail and Office Developments Must Include Residential The useDevelopment categories are at describeda 1’ - 1” Squarein Chapter Foot 33.920. Ratio - Please consultRegulations the that full correspond document to at the https://www.portlandoregon.gov/bps/article/53297 bracketed numbers [ ] are stated in 33.130.100.B.  Specific uses and developments may also be subject to regulations in the 200s series of chapters.

Development Standards

33.130.200 Lot Size There is no required minimum lot size for development of land or for the creation of new lots in 130‐7 commercial zones. Creation of new lots is subject to the regulations of Chapter 33.613, Lots in Commercial Zones.

33.130.205 Floor Area Ratio ZONING DETAIL A. Purpose. Floor area ratios (FARs) regulate the amount of use (the intensity) allowedPAGE on a14 site. FARs provide a means to match the potential amount of uses with the desired The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. character of the area and the provision of public services. FARs also work with the height, setback, and building coverage standards to control the overall bulk of development. The bonus FAR options allow additional floor area as an incentive for providing affordable housing.

130‐8 BELMONTTitle 33, Planning and Zoning STREET LOTSChapter 33.130 2/1/17 Commercial Zones

Table 130‐3 Summary of Development Standards in Commercial Zones

Standard CN1 CN2 CO1 CO2 CM CS CG CX Maximum FAR 1.5 to 1 1.5 to 1 1.5 to 1 2.5 to 1 2.5 to 1 3 to 1 3 to 1 4 to 1 (see 33.130.205) See 33.130.253 Maximum FAR with 2.5 to 1 2.5 to 1 2.5 to 1 4 to 1 4 to 1 4 to 1 3.5 to 1 6 to 1 Bonus (see 33.130.205.C) Maximum Height 30 ft. 30 ft. 30 ft. 45 ft. 45 ft. 45 ft. 45 ft. 75 ft. (see 33.130.210) Min. Building Stbks (see 33.130.215) Street Lot Line or 0 0 0 0 0 0 0 0 Lot Line Abutting an OS, RX, C, E, or I Zone Lot Lot Line Abutting See See See See See See See See other R Zoned Lot Table Table Table Table Table Table Table Table 130‐4 130‐4 130‐4 130‐4 130‐4 130‐4 130‐4 130‐4 Garage Entrance Setback 5/18 ft 5/18 ft 5/18 ft 5/18 ft 5/18 ft 5/18 ft 5/18 ft 5/18 ft (see 33.130.250.E) Max.Building Stbks (see 33.130.215) Street Lot Line None None None None 10 ft. 10 ft. None None Transit Street or Pedestrian District 10 ft. 10 ft. 10 ft. 10 ft. 10 ft. 10 ft. 10 ft. 10 ft. Building Coverage Max. of Max. of Max. of Max. of Min. of Min. of Max. of (see 33.130.220) 85% of 65% of 50% of 65% of 50% of 50% of 85% of No Limit site area site area site area site area site area site area site area Min. Landscaped 15% of 15% of 15% of 15% of 15 % of Area site area site area site area site area None None site area None (see 33.130.225) Ground Floor Window Stds. Apply Yes Yes Yes Yes Yes Yes Yes Yes (see 33.130.230) Pedestrian Requirements Yes Yes Yes Yes Yes Yes Yes Yes (see 33.130 240)

DEVELOPMENT STANDARDS PAGE 15 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy.

130‐13 BELMONT STREET LOTS

NW DISTRICT

IRVINGTON LLOYD

THE PEARL

DOWNTOWN

KERNS

INNER EASTSIDE

LAURELHURST

BUCKMAN BELMONT LOTS

LADD’S ADDITION SUNNYSIDE

The Buckman neighborhood is located in the close in SE Portland area. The neighborhood is located a few blocks north of SE Division and SE Hawthorne. Belmont brings with it an extensive amount of retail, housing, recreation, culture and easy access to the city core. REGIONAL AERIAL CLOSE PAGE 16 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. BELMONT STREET LOTS

The Buckman neighborhood is one of the greater Portland area’s premier close-in southeast communities, boasting an array of shops, vendors, dining, and entertainment. Accessibility to downtown Portland and the west side is easy through the Morrison, Hawthorne, and Burnside Bridge, and proximity to transit and major driving routes is unparalleled.

AIRPORT

NE PORTLAND

BELMONT LOTS DOWNTOWN

GRESHAM

SE PORTLAND BEAVERTON SW PORTLAND

SELLWOOD

TIGARD MILWAUKIE HAPPY VALLEY

LAKE OSWEGO DAMASCUS

REGIONAL AERIAL PAGE 17 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. COMPLETE PROFILE 2000-2010 Census, 2017 Estimates with 2022 Projections CalculatedCOMP usingLE TWeightedE PR BlockOF CentroidILE from Block Groups BELMONT STREET LOTS 2000-2010 Census, 2017 Estimates with 2022 Projections CalculatedCOMP usingLE TWeightedE PR BlockOF CentroidILE from Block Groups Lat/Lon: 45.5163/-122.6416 2000-2010 Census, 2017 Estimates with 2022 Projections RFULL9 Calculated2336 SE using Be lWeightedmont S tBlock Centroid from Block Groups Lat/Lon: 45.5163/-122.6416 1 mi radius 3 mi radius 5 mi radius 10 mi radius RFULL9 Portland, OR 97214 Demographics2336 SE Belmont St Lat/Lon: 45.5163/-122.6416 Population 1 mi radius 3 mi radius 5 mi radius 10 mi radiuRFULL9s Portland, OR 97214 2Estimated336 SE BPopulationelmont S(2017)t 32,271 232,599 471,060 1,248,009 PSNAPSHOTProjectedopulatio nPopulation (2022) RADIUS: 1 134,879m iMILE radius 3250,699 m MILEi radius 5507,412 m MILEi radius 1,351,056 1100 m iMILE radius DATA HIGHLIGHTS PCensusortlan dPopulation, OR 972 (2010)14 28,223 203,754 424,840 1,140,563 Estimated Population (2017) 32,271 232,599 471,060 1,248,009 Census Population (2000) 26,775 187,285 395,907 1,031,950 PProjectedopulatio nPopulation (2022) 34,879 250,699 507,412 1,351,056 COMPLETE PROFILE EstimatedCensusProjected Population AnnualPopulation Growth (2010) (2017) (2017-2022) 32,27128,2232,608 1.6% 232,599203,75418,100 1.6% 471,060424,84036,352 1.5% 1,248,0091,140,563103,047 1.7% >506,000 DAYTIME EMPLOYEES WITHIN 5 MILEs 2000-2010 Census, 2017 Estimates with 2022 Projections 2.0% 2.0% 1.6% 1.3% ProjectedCensusHistorical Population AnnualPopulation Growth (2000) (2022) (2010-2017) 34,87926,7754,048 250,699187,28528,845 507,412395,90746,220 1,351,0561,031,950107,445 CalculatedHistorical using Annual Weighted Growth Block (2000-2010) Centroid from Block Groups 1,448 0.5% 16,469 0.9% 28,934 0.7% 108,613 1.1% ProjectedCensus Population Annual Growth (2010) (2017-2022) 28,2232,608 1.6% 203,75418,100 1.6% 424,84036,352 1.5% 1,140,563103,047 1.7% >232,000 ESTIMATED POPULATION WITHIN 3 MILEs HistoricalCensusEstimated Population Annual Population Growth (2000) Density (2010-2017) (2017) 26,77510,2764,048 psm2.0% 187,28528,8458,230 psm2.0% 395,90746,2206,000 psm1.6% 1,031,950107,4453,974 psm1.3% sq mi sq mi sq mi sq mi ProjectedHistoricalTrade Area Annual Size Growth (2000-2010)(2017-2022) 2,6081,4483.1 1.6%0.5% 18,10016,46928.3 1.6%0.9% 36,35228,93478.5 1.5%0.7% 103,047108,613314.0 1.7%1.1% Lat/Lon: 45.5163/-122.6416 HEstimatedHistoricalousehol dAnnual Populations Growth Density (2010-2017) (2017) 10,2764,048 psm2.0% 28,8458,230 psm2.0% 46,2206,000 psm1.6% 107,4453,974 psmRFULL91.3% (EST.) GROWTH oF >18,000 BY 2022 WITHIN 3 MILEs 2EstimatedTradeHistorical336 SAreaE Annual BHouseholds Sizeelmo Growthnt S t(2017) (2000-2010) 16,3311,4483.1 sq 0.5%mi 115,25016,46928.3 sq 0.9%mi 211,29428,93478.5 sq 0.7%mi 108,613514,851314.0 sq 1.1%mi 1 mi radius 3 mi radius 5 mi radius 10 mi radius HEstimatedProjectedousehol d HouseholdsPopulations Density (2022) (2017) 10,27617,363 psm 122,9258,230 psm 225,6516,000 psm 550,4373,974 psm PCensusortlan dHouseholds, OR 972 1(2010)4 14,305 sq mi 100,182 sq mi 190,209 sq mi 472,697 sq mi EstimatedTrade Area Households Size (2017) 16,3313.1 115,25028.3 211,29478.5 514,851314.0 >115,000 HOUSEHOLDS in 3-mile TRADE AREA Census Households (2000) 13,647 90,162 173,623 424,196 HTProjectedroaunssephoortl daHouseholdsstion To Wo (2022)rk (2015) 17,363 122,925 225,651 550,437 Worker Base Age 16 years or Over 19,168 132,176 259,927 652,764 EstimatedCensusProjected Households AnnualHouseholds Growth (2010) (2017) (2017-2022) 16,33114,3051,032 1.3% 115,250100,1827,675 1.3% 211,294190,20914,357 1.4% 514,851472,69735,586 1.4% Drive to Work Alone 9,300 48.5% 68,761 52.0% 147,286 56.7% 427,171 65.4% SIGNIFICANT RISE IN HOUSEHOLD INCOME ProjectedCensusHistorical Households AnnualHouseholds Change (2000) (2022) (2000-2017) 17,36313,6472,684 1.2% 122,92525,08890,162 1.6% 225,651173,62337,671 1.3% 550,437424,19690,655 1.3% Drive to Work in Carpool 1,141 6.0% 9,009 6.8% 19,916 7.7% 57,302 8.8% FORECASTED THROUGH 2022 IN 5 mile radius ATravelProjectedCensusverag toe Households HWork Annualous ebyh oGrowthPublicld (2010) Inc Transportation o(2017-2022)me 14,3053,2951,032 17.2%1.3% 100,18219,6787,675 14.9%1.3% 190,20935,10414,357 13.5%1.4% 472,69764,15735,586 9.8%1.4% EstimatedDriveHistoricalCensus to HouseholdsWork Annual Average on MotorcycleChange Household (2000) (2000-2017) Income (2017) $78,92913,6472,684140 0.7%1.2% $85,42525,08890,162584 0.4%1.6% $83,735173,62337,6711,229 0.5%1.3% $83,585424,19690,6552,663 0.4%1.3% 11.3% 8.6% 7.4% 4.0% ProjectedBicycle to AnnualAverageWork Growth Household (2017-2022) Income (2022) $96,6861,0322,170 1.3% $105,84411,3627,675 1.3% $103,59014,35719,156 1.4% $103,62035,58626,422 1.4% AWalkvera toge Work Household Income 1,512 7.9% 10,868 8.2% 16,120 6.2% 28,229 4.3% 192 COMPANY HEADQUARTERS WITHIN 3 MILEs HistoricalCensus Average Annual HouseholdChange (2000-2017) Income (2010) $56,8802,684 1.2% $63,64525,088 1.6% $64,40137,671 1.3% $67,51490,655 1.3% OtherEstimated Means Average Household Income (2017) $78,92996 0.5% $85,425834 0.6% $83,7351,603 0.6% $83,5854,288 0.7% Census Average Household Income (2000) $45,033 $50,481 $52,583 $57,409 AWorkProjectedvera gate Home H Averageouseho lHouseholdd Income Income (2022) $96,6861,514 7.9% $105,84411,080 8.4% $103,59019,512 7.5% $103,62042,530 6.5% CensusProjected Average Annual HouseholdChange (2017-2022) Income (2010) $56,880$17,757 4.5% $20,419$63,645 4.8% $19,855$64,401 4.7% $20,035$67,514 4.8% TOP RETAILERS IN IMMEDIATE VICINITY: DEstimatedaytime D Averageemogra pHouseholdhics (201 7Income) (2017) $78,929 $85,425 $83,735 $83,585 CensusHistorical Average Annual HouseholdChange (2000-2017) Income (2000) $45,033$33,896 4.4% $34,944$50,481 4.1% $31,152$52,583 3.5% $26,176$57,409 2.7% TotalProjected Businesses Average Household Income (2022) $96,6863,288 $105,84424,327 $103,59034,691 $103,62070,843 MProjectedTotalCensusedia Employeesn HAverage oAnnualuseho HouseholdChangeld Incom (2017-2022)e Income (2010) $17,757$56,88025,515 4.5% $20,419$63,645276,830 4.8% $19,855$64,401376,867 4.7% $20,035$67,514765,569 4.8% ACCANTO, AFURI RAMEN, CASCADE BREWING, COMMONS EstimatedHistoricalCensusCompany Average Annual HeadquarterMedian HouseholdChange Household Businesses (2000-2017) Income Income (2000) (2017) $65,186$33,896$45,03313 4.4%0.4% $34,944$69,684$50,481192 4.1%0.8% $31,152$69,277$52,583251 3.5%0.7% $26,176$70,419$57,409472 2.7%0.7% Company Headquarter Employees 954 3.7% 42,637 15.4% 53,245 14.1% 87,100 11.4% BREWERY, CONQUISTADOR LOUNGE, FARM SPIRIT, GRAND MProjectededian H oAnnualMedianuseho ChangelHouseholdd Incom (2017-2022)e Income (2022) $17,757$75,774 4.5% $20,419$80,550 4.8% $19,855$80,193 4.7% $20,035$81,877 4.8% CENTRAL BOWLING, THE LIQUOR STORE, MARKET OF CHOICE, HistoricalCensusEmployee Median Annual Population Household Change per Business(2000-2017) Income (2010) $33,896$42,4427.8 to 14.4% $34,944$48,23011.4 to 14.1% $31,152$49,73310.9 to 13.5% $26,176$53,25410.8 to 2.7%1 ResidentialEstimated Median Population Household per Business Income (2017) $65,1869.8 to 1 $69,6849.6 to 1 $69,27713.6 to 1 $70,41917.6 to 1 Census Median Household Income (2000) $36,149 $39,946 $42,257 $46,810 ORCHARD SUPPLY HARDWARE, ROGUE BREWERY, ZELL’S CAFE MAdj.Projecteded iDaytimean H oMedianus Demographicseho lHouseholdd Income Age Income 16 Years (2022) or Over $75,77432,694 $80,550338,951 $80,193506,109 1,131,504$81,877 This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. representation herein is provided without information The be reliable. sources deemed to and government private from was produced using data report This EstimatedCensusProjected Median AnnualMedian Household Change Household (2017-2022) Income Income (2010) (2017) $65,186$42,442$10,588 3.2% $10,866$69,684$48,230 3.1% $10,917$69,277$49,733 3.2% $11,457$70,419$53,254 3.3% Labor Force CensusHistorical Median Annual Household Change (2000-2017) Income (2000) $36,149$29,036 4.7% $29,738$39,946 4.4% $27,019$42,257 3.8% $23,609$46,810 3.0% LaborProjected Population Median AgeHousehold 16 Years Income or Over (2022) (2017) $75,77428,405 $80,550201,833 $80,193398,814 1,025,389$81,877 This report was produced using data from private and government sources deemed to be reliable. The information herein is provided without representation or warranty. representation herein is provided without information The be reliable. sources deemed to and government private from was produced using data report This PProjectedCensuseLaborr Cap ForceMedianit aAnnual Inc Totalo Householdm Changee Males (2017-2022)(2017) Income (2010) $10,588$42,44214,242 50.1%3.2% 101,347$10,866$48,230 50.2%3.1% 197,349$10,917$49,733 49.5%3.2% 499,844$11,457$53,254 48.7%3.3% EstimatedHistoricalCensusMale Median CivilianAnnual Per Capita Household ChangeEmployed Income (2000-2017) Income (2017) (2000) $40,273$29,036$36,14910,852 76.2%4.7% $29,738$42,730$39,94672,226 71.3%4.4% $27,019139,489$37,859$42,257 70.7%3.8% $23,609345,159$34,698$46,810 69.1%3.0%

Male Civilian Unemployed 402 2.8% 3,372 3.3% 6,657 3.4% 17,543 3.5% or warranty. representation herein is provided without information The be reliable. sources deemed to and government private from was produced using data report This Projected AnnualPer Capita Change Income (2017-2022) (2022) $10,588$48,437 3.2% $10,866$52,272 3.1% $10,917$46,346 3.2% $11,457$42,416 3.3% Per CMalesapita inIn Armedcome Forces - - 46 - 96 - 351 0.1% HistoricalCensus Per Annual Capita Change Income (2000-2017) (2010) $29,036$28,829 4.7% $29,738$31,293 4.4% $27,019$28,834 3.8% $23,609$27,981 3.0% EstimatedMales PerNot Capitain Labor Income Force (2017) $40,2732,989 21.0% $42,73025,703 25.4% $37,85951,107 25.9% 136,791$34,698 27.4% Census Per Capita Income (2000) $23,116 $24,280 $22,994 $23,538 PProjectedeLaborr Cap Forceit aPer In cCapitaTotalome Females Income (2017)(2022) $48,43714,163 49.9% 100,486$52,272 49.8% 201,466$46,346 50.5% 525,545$42,416 51.3% Female Civilian Employed 10,374 73.2%4.1% 67,440 67.1%4.5% 129,987 64.5%4.5% 313,885 59.7%4.4% EstimatedCensusProjected Per AnnualPer Capita Capita Change Income Income (2017-2022) (2010) (2017) $40,273$28,829$8,164 $42,730$31,293$9,542 $37,859$28,834$8,487 $34,698$27,981$7,718 DEMOGRAPHIC & BUSINESS INFORMATION Female Civilian Unemployed 344 2.4% 2,450 2.4% 5,029 2.5% 15,053 2.9% ProjectedCensusHistorical Per AnnualPer Capita Capita Change Income Income (2000-2017) (2000) (2022) $48,437$23,116$17,156 4.4% $18,450$52,272$24,280 4.5% $14,865$46,346$22,994 3.8% $11,160$42,416$23,538 2.8% EstimatedFemales Average in Armed Household Forces Net Worth (2017) $891,833 - - $963,764 - - $920,104 - - $910,48859 - PAGE 18 ProjectedCensus Per Annual Capita Change Income (2017-2022) (2010) $28,829$8,164 4.1% $31,293$9,542 4.5% $28,834$8,487 4.5% $27,981$7,718 4.4% Females Not in Labor Force 3,446 24.3%The information30,597 30.4% contained66,450 herein33.0% has been196,548 obtained37.4% from sources we deem reliable. We cannot, however, guarantee its accuracy. UnemploymentHistoricalCensus Per Annual Capita Rate Change Income (2000-2017) (2000) $17,156$23,11614,242 2.6%4.4% 101,347$18,450$24,280 2.9%4.5% 197,349$14,865$22,994 2.9%3.8% 499,844$11,160$23,538 3.2%2.8% Estimated Average Household Net Worth (2017) $891,833 $963,764 $920,104 $910,488 LaborProjected Force Annual Growth Change (2010-2017) (2017-2022) $8,16434 0.2%4.1% $9,5426 4.5% - $8,487-13 4.5% - $7,71825 4.4% - ©2017, Sites USA,HistoricalMale Chandler, Labor Arizona,Annual Force 480-491-1112 Change Growth (2000-2017) (2010-2017) $17,15612 page 14.4%0.1% of 9 $18,45023 4.5%Demographic - $14,865 Source:-6 Applied3.8% Geographic - Solutions$11,16018 04/2017,2.8% TIGER - Geography EstimatedFemale Labor Average Force Household Growth (2010-2017)Net Worth (2017) $891,83323 0.2% $963,764-17 - $920,104-7 - $910,4887 -

©2017, Sites USA,Oc cChandler,upatio Arizona,n (20 480-491-111215) page 1 of 9 Demographic Source: Applied Geographic Solutions 04/2017, TIGER Geography or warranty. representation herein is provided without information The be reliable. sources deemed to and government private from was produced using data report This Occupation Population Age 16 Years or Over 21,191 139,661 269,490 659,019 Occupation Total Males 10,840 51.2% 72,203 51.7% 139,495 51.8% 345,141 52.4% ©2017, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 9 Demographic Source: Applied Geographic Solutions 04/2017, TIGER Geography Occupation Total Females 10,351 48.8% 67,457 48.3% 129,994 48.2% 313,878 47.6% Management, Business, Financial Operations 3,846 18.1% 28,100 20.1% 50,519 18.7% 115,350 17.5% Professional, Related 7,290 34.4% 48,706 34.9% 85,166 31.6% 173,233 26.3% Service 3,796 17.9% 22,825 16.3% 46,929 17.4% 119,384 18.1% Sales, Office 4,261 20.1% 26,529 19.0% 53,169 19.7% 147,574 22.4% Farming, Fishing, Forestry 145 0.7% 624 0.4% 1,548 0.6% 3,964 0.6% Construction, Extraction, Maintenance 588 2.8% 3,764 2.7% 10,290 3.8% 34,597 5.2% Production, Transport, Material Moving 1,265 6.0% 9,114 6.5% 21,869 8.1% 64,917 9.9% White Collar Workers 15,397 72.7% 103,334 74.0% 188,854 70.1% 436,157 66.2% Blue Collar Workers 5,794 27.3% 36,326 26.0% 80,635 29.9% 222,862 33.8%

Nike Intel Leading Employers Intel 18,600 Providence Health System 16,139 Oregon Health Sciences University 14,963 Kaiser Permanente 11,898 Fred Meyer (Kroger) 10,813 Legacy Health Systems 8,700 Nike 8,500 Portland Public Schools 6,135 Multnomah County 5,995 City of Portland 5,481 Blue Ribbon Sports founded in 1964, Intel was founded on a vision for semi- Beaverton School District 4,637 in Eugene Oregon, took on the name conductor memory products in 1968 by Wells Fargo 4,527 Nike in 1971 when they prepared to scientists Robert Noyce and Gordon PeaceHealth Southwest Medical Center 4,446 launch their own line of footwear. As Moore, and in 1971 they had introduced Portland Community College 3,906 they expanded, they began manufac- the world’s first microprocessor. US Bank 3,757 turing apparel for a variety of sports, United States Postal Service 3,533 and moved their headquarters to an Intel has 82,500 employees worldwide, Portland State University 3,418 eight building campus in Beaverton, 18,600 of which are locally based at US Department of Veterans Affairs 3,378 Oregon. The campus has expanded to the company’s Ronler Acres Campus in Vancouver School District 3,300 35 buildings and employs 8,500 peo- Hillsboro, OR is undergoing a 3.6 million Evergreen Public Schools 3,292 ple in the state of Oregon. SF expansion that will bring in 1,000 Daimier Trucks North America 3,000 additional employees. New Seasons Market 3,000 TriMet 2,645 Hillsboro School District 2,539 Portland General Electrict 2,280 * Source: Portland Business Journal “2015-16 Book of Lists”

BUSINESS HIGHLIGHTS PAGE 19 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. OREGON REAL ESTATE INITIAL AGENCY A seller’s agent owes the seller the following affirmative duties; DISCLOSURE PAMPHLET OAR 863-015-215 (4) 1. To exercise reasonable care and diligence; 2. To account in a timely manner for money and property received from or on behalf of the seller; Consumers: This pamphlet describes the legal obligations of Oregon real estate licensees to consumers. Real estate brokers and 3. To be loyal to the seller by not taking action that is adverse or detrimental to the seller’s interest in a transaction; principal real estate brokers are required to provide this information to you when they first contact you. A licensed real estate broker or 4. To disclose in a timely manner to the seller any conflict of interest, existing or contemplated; principal broker need not provide the pamphlet to a party who has, or may be reasonably assumed to have, received a copy of the 5. To advise the seller to seek expert advice on matters related to the transactions that are beyond the agent's expertise; pamphlet from another broker. 6. To maintain confidential information from or about the seller except under subpoena or court order, even after termination This pamphlet is informational only. Neither the pamphlet nor its delivery to you may be interpreted as evidence of intent to create an of the agency relationship; and agency relationship between you and a broker or a principal broker. 7. Unless agreed otherwise in writing, to make a continuous, good faith effort to find a buyer for the property, except that a seller's agent is not required to seek additional offers to purchase the property while the property is subject to a contract for sale. Real Estate Agency Relationships None of the above affirmative duties of an agent may be waived, except #7. The affirmative duty listed in #7 can only be waived An "agency" relationship is a voluntary legal relationship in which a licensed real estate broker or principal broker (the "agent"), by written agreement between seller and agent. agrees to act on behalf of a buyer or a seller (the "client") in a real estate transaction. Under Oregon law, a seller's agent may show properties owned by another seller to a prospective buyer and may list competing Oregon law provides for three types of agency relationships between real estate agents and their clients: properties for sale without breaching any affirmative duty to the seller.

Seller's Agent - Represents the seller only; Unless agreed to in writing, an agent has no duty to investigate matters that are outside the scope of the agent's expertise, Buyer's Agent - Represents the buyer only; including but not limited to investigation of the condition of property, the legal status of the title or the seller’s past conformance with Disclosed Limited Agent - Represents both the buyer and seller, or multiple buyers who want to purchase the same law. property. This can be done only with the written permission of both clients. Duties and Responsibilities of Buyer’s Agent The actual agency relationships between the seller, buyer and their agents in a real estate transaction must be acknowledged at the time an offer to purchase is made. Please read this pamphlet carefully before entering into an agency relationship with a real An agent, other than the seller’s agent, may agree to act as the buyer’s agent only. The buyer’s agent is not representing the seller, estate agent. even if the buyer’s agent is receiving compensation for services rendered, either in full or in part, from the seller or through the seller’s agent. Definition of “Confidential Information” An agent who represents only the buyer owes the following affirmative duties to the buyer, the other parties and the other parties’ agents involved in a real estate transaction: Generally, licensees must maintain confidential information about their clients. “Confidential information” is information communicated to a real estate licensee or the licensee’s agent by the buyer or seller of one to four residential units regarding the 1. To deal honestly and in good faith; real property transaction, including but not limited to price, terms, financial qualifications or motivation to buy or sell. “Confidential 2. To present all written offers, notices and other communications to and from the parties in a timely manner without regard information” does not mean information that: to whether the property is subject to a contract for sale or the buyer is already a party to a contract to purchase; and 3. To disclose material facts known by the agent and not apparent or readily ascertainable to a party. a. The buyer instructs the licensee or the licensee’s agent to disclose about the buyer to the seller, or the seller instructs the licensee or the licensee’s agent to disclose about the seller to the buyer; and A buyer’s agent owes the buyer the following affirmative duties: b. The licensee or the licensee’s agent knows or should know failure to disclose would constitute fraudulent representation. 1. To exercise reasonable care and diligence; Duties and Responsibilities of Seller’s Agent 2. To account in a timely manner for money and property received from or on behalf of the buyer; 3. To be loyal to the buyer by not taking action that is adverse or detrimental to the buyer’s interest in a transaction; Under a written listing agreement to sell property, an agent represents only the seller unless the seller agrees in writing to allow 4. To disclose in a timely manner to the buyer any conflict of interest, existing or contemplated; the agent to also represent the buyer. An agent who represents only the seller owes the following affirmative duties to the 5. To advise the buyer to seek expert advice on matters related to the transaction that are beyond the agent’s expertise; seller, the other parties and the other parties’ agents involved in a real estate transaction: 6. To maintain confidential information from or about the buyer except under subpoena or court order, even after termination of the agency relationship; and 7. Unless agreed otherwise in writing, to make a continuous, good faith effort to find property for the buyer, except that a 1. To deal honestly and in good faith; buyer’s agent is not required to seek additional properties for the buyer while the buyer is subject to a contract for 2. To present all written offers, notices and other communications to and from the parties in a timely manner without regard to purchase. whether the property is subject to a contract for sale or the buyer is already a party to a contract to purchase; and 3. To disclose material facts known by the agent and not apparent or readily ascertainable to a party; None of these affirmative duties of an agent may be waived, except #7. The affirmative duty listed in #7 can only be waived by written agreement between buyer and agent.

This form has been licensed for use solely by Nicholas Diamond pursuant to a Forms License Agreement with Oregon Real Estate Forms, LLC. Provided by Oregon Real Estate Forms, LLC 9/9/2013 www.orefonline.com OREF 042 This form has been licensed for use solely by Nicholas Diamond pursuant to a Forms License Agreement with Oregon Real Estate Forms, LLC. May not be reproduced without express permission of Oregon Real Estate Forms, LLC Page 2 of 3 Provided by Oregon Real Estate Forms, LLC 9/9/2013 www.orefonline.com OREF 042 May not be reproduced without express permission of Oregon Real Estate Forms, LLC Page 1 of 3 Produced with zipForm® by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.com

Produced with zipForm® by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLogix.com

OREGON REAL ESTATE DISCLOSURE PAGE 20 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy. Under Oregon law, a buyer’s agent may show properties in which the buyer is interested to other prospective buyers without breaching an affirmative duty to the buyer.

Unless agreed to in writing, an agent has no duty to investigate matters that are outside the scope of the agent’s expertise, including but not limited to investigation of the condition of property, the legal status of the title or the seller’s past conformance with law.

Duties and Responsibilities of an Agent Who Represents More than One Client in a Transaction

One agent may represent both the seller and the buyer in the same transaction, or multiple buyers who want to purchase the same property, only under a written "Disclosed Limited Agency Agreement” signed by the seller and buyer(s).

Disclosed Limited Agents have the following duties to their clients: 1. To the seller, the duties listed above for a seller’s agent; and 2. To the buyer, the duties listed above for a buyer’s agent; 3. To both buyer and seller, except with express written permission of the respective person, the duty not to disclose to the other person: a. That the seller will accept a price lower or terms less favorable than the listing price or terms; b. That the buyer will pay a price greater or terms more favorable than the offering price or terms; or c. Confidential information as defined above.

Unless agreed to in writing, an agent has no duty to investigate matters that are outside the scope of the agent’s expertise.

When different agents associated with the same principal broker (a real estate licensee who supervises other agents) establish agency relationships with different parties to the same transaction, only the principal broker will act as a Disclosed Limited Agent for both buyer and seller. The other agents continue to represent only the party with whom the agents have already established an agency relationship unless all parties agree otherwise in writing. The principal real estate broker and the real estate licensees representing either seller or buyer shall owe the following duties to the seller and buyer:

1. To disclose a conflict of interest in writing to all parties; 2. To take no action that is adverse or detrimental to either party's interest in the transaction; and 3. To obey the lawful instruction of both parties.

No matter whom they represent, an agent must disclose information the agent knows or should know that failure to disclose would constitute fraudulent misrepresentation.

You are encouraged to discuss the above information with the licensee delivering this pamphlet to you. If you intend for that licensee, or any other Oregon real estate licensee, to represent you as a Seller's Agent, Buyer's Agent, or Disclosed Limited Agent, you should have a specific discussion with the agent about the nature and scope of the agency relationship. Whether you are a buyer or seller, you cannot make a licensee your agent without the licensee’s knowledge and consent, and an agent cannot make you their client without your knowledge and consent.

Michael Manougian 2014-10-14 19:51 GMT

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OREGON REAL ESTATE DISCLOSURE PAGE 21 The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy.