1111 Sw Alder St Prime West End Retail for Lease
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1111 SW ALDER ST PRIME WEST END RETAIL FOR LEASE LOCATION 1111 SW Alder Street in Portland, Oregon AVAILABLE SPACE +/– 850 SF RATE $1,800.00/month Shorter-term opportunity (through September 2019) COMMENTS • Prime location in sought after West End district in historic Beverly Alder building. • Second generation space with existing HVAC/electrical/lighting distributed throughout and one restroom. • Nearby tenants: City Target, Tasty ‘n Alder, Bistro Agnes, Kask, WM Goods, Petunia’s Pies & Pastries, Shalom Y’all, The Sentinel Hotel, and the Multnomah Whiskey Library. Demographics 1 MILE 3 MILE 5 MILE Estimated Population 2017 44,902 172,200 422,259 Population Forecast 2022 48,166 185,142 452,955 Average HH Income $86,598 $103,041 $104,288 Employees 117,274 267,963 361,117 Source: Regis – SitesUSA (2017) CRA ashley heichelbech » [email protected] Commercial Realty Advisors NW, LLC 733 SW Second Avenue, Suite 200 kathleen healy » [email protected] Portland, Oregon 97204 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 NW Davis FULLER’S DOWNTOWN PORTLAND SUSHI LAND COFFEE SHOP BACKSPACE little big burger GROUND KONTROL NW 9th FLOATING NW 5th NW WORLD COMICS NW 11th NW Broadway SUSHI ICHIBAN THE BRODY NW 13th W Burnside CRYSTAL HOTEL ZEUS CAFE SW Oak BOXER RAMEN 3RD & ASH REDEVELOPMENT (2019) MA & PA SALON NYLA GROCERY Post Office SW Pine SW Washington BLOCK 256 BLACK ROOSTER CAFE (PLANNED HOTEL, TENDER LOVING EMPIRE OFFICE & RETAIL) DEVELOPMENT Pittock ECHO AUDIO O’BRYANT SQUARE Block 400 PARKING SPACES SW Stark PIONEER PLACE I SITE CAFE VIOLA J. Crew Gap PLANNED Louis Vuitton Kate Spade SW 13th BLOCK 216 TANDOOR HOTEL/RETAIL SW Alder INDIAN KITCHEN Coach Tory Burch REDEVELOPMENT REDEVELOPMENT MARX JEWELERS PORTLAND The Walking Company MULTNOMAH OUTDOOR STORE 12M WHISKEY (UNDER CONSTRUCTION) LIBRARY FRESH POT OFFICE & RETAIL WOODLARK HOTEL PIONEER PLACE I I OPENING 2018 CAMERON’S 150 ROOMS HI-LO BOOKS H & M Punch Bowl SW 5th BOUTIQUE HOTEL Forever XXI Social Regal Cinemas SAYSAY HUBER’S CAFE BOUTIQUE PUBLIC PORTLAND DOGGIE HOTEL DOMAIN LUGGAGE CO. SW 11th MICHAEL ALLEN Garage CENTRAL BUSINESS DISTRICT DAILY COUNTS Redevelopment 790 Parking Spaces PEDESTRIAN (’16) EAST INDIA Park Ave CO. GRILL West PROPOSED SW 6th & Morrison 14,680 JAMES BEARD SW 9th PUBLIC MARKET SW 5th & Morrison 13,977 Library DEPARTURE VIRGINIA SW Park SW Morrison SW Broadway & Yamhill 10,398 CAFE Pioneer Courthouse SW 5th & Alder 6,375 SW Broadway Director Square SW 10th & Morrison 7,496 Park Pioneer SW 10th & Burnside 15,515 SW Taylor Courthouse Pioneer SW Yamhill Place TRIMET MAX LIGHT RAIL (’15) URBAN FAUNA I Pioneer Station North 5,026 SW Salmon Pioneer Pioneer Station South 6,040 Place II Pioneer Courthouse / SW 6th Ave 3,992 NW FILM SW 3rd Pioneer Place / SW 5th Ave 4,337 CENTER SW Main SW 2nd PORTLAND STREETCAR RIDERSHIP (’17) Weekday Average 16,351 SW 1st Sources: Portland Business Alliance, Trimet.org, PortlandStreetcar.org cleanandsafepdx.com The Brewery AC HOTEL n CRA 204 ROOMS SW Naito Pkwy Blocks UNDER CONSTRUCTION DOWNTOWN PORTLAND FUTURE REDEVELOPMENT NW 11TH AVE NW 9TH AVE FULLER’S RESTAURANT ROSELAND NW COUCH ST THEATER NW 10TH AVE little big burger SUSHI ICHIBAN NW 14TH AVE COUCH 9 REDEVELOPMENT THE BRODY NW 12TH AVE BOUFFANT SALON NW COUCH ST W BURNSIDE ST SW OAK ST CRYSTAL HOTEL ZEUS CAFE THE ORIGINAL SW STARK ST TANDOOR INDIAN KITCHEN TENDER LOVING EMPIRE SW PARK AVE PITTOCK BLOCK SW 14TH AVE O’BRYANT SQUARE REDEVELOPMENT CAFE VOILA 400 PARKING SPACES FUTURE SW WASHINGTON ST AVE 6TH SW REDEVELOPMENT AVE 5TH SW FRESH POT SW 13TH AVE SW 12TH AVE ALDER STREET FOOD CART POD JUDITH ARNELL SW 10TH AVE CORNELIUS HOTEL SW ALDER ST SITE REDEVELOPMENT (2017) SW BROADWAY COMING SOON 12TH & MORRISON PUBLIC DEPARTURE DOMAIN CENTRAL BUSINESS DISTRICT DAILY COUNTS MIXED USE COFFEE DEVELOPMENT PEDESTRIAN COUNTS (2016) SW 11TH AVE SW 6th & Morrison 14,680 SW 9TH AVE SW 5th & Morrison 13,977 MEIER & FRANK SW Park & Morrison 7,496 REDEVELOPMENT SW Broadway & Morrison 6,038 SAYSAY BOUTIQUE SW MORRISON ST PORTLAND STREETCAR RIDERSHIP (2017) GARAGE REDEVELOPMENT 790 PARKING SPACES Daily Average 16,351 THE BREWERY PIONEER CRA COURTHOUSE PIONEER CRA Sources: Portland Business Alliance, PortlandStreetcar.org BLOCKS SQUARE COURTHOUSE n cleanandsafepdx.com PORTLAND, OREGON CRA FULL PROFILE 2000-2010 Census, 2017 Estimates with 2022 Projections lulte uig eigte l etri r l ru Lat/Lon: 45.5212/-122.6831 RF1 1111 SW Alder Street 1 mi radius 3 mi radius 5 mi radius Portland, OR 97205 Etite Pulti 44,902 172,200 422,259 N O Prete Pulti 48,166 185,142 452,955 I T A eu Pulti 37,450 145,560 377,059 L U eu Pulti 27,317 128,666 349,609 P O Prete Aul rt t 1.5% 1.5% 1.5% P itril Aul rt t 3.8% 2.0% 1.2% Etite uel 28,073 89,032 194,174 S D L Prete uel 30,003 94,901 206,851 O H eu uel 23,150 74,809 173,657 E S eu uel 17,564 65,200 157,705 U O Prete Aul rt t 1.4% 1.3% 1.3% H itril Aul rt t 3.5% 2.2% 1.4% Et. Pulti Uer er 4.1% 8.2% 9.7% Et. Pulti t er 6.0% 6.9% 8.2% Et. Pulti t er 27.1% 20.2% 16.4% E Et. Pulti t er 28.1% 29.0% 28.0% G A Et. Pulti t er 16.9% 17.8% 18.9% Et. Pulti t er 14.1% 13.8% 14.2% Et. Pulti er r er 3.8% 4.0% 4.6% Et. ei Age 35.4 36.5 37.4 S Et. le Pulti 54.7% 50.9% 49.7% U T R Et. ele Pulti 45.3% 49.1% 50.3% A E T D S Et. eer rrie 58.0% 49.3% 42.8% N L E A Et. rrie 20.8% 31.9% 38.1% G T I & R Et. erte r Dire 18.1% 15.6% 15.5% A M Et. ie 3.1% 3.2% 3.6% Et. e r re 9.8% 13.2% 11.7% Et. e t 999 5.0% 7.7% 8.1% Et. e t 999 12.9% 14.9% 16.9% Et. e t 999 10.9% 11.8% 12.7% 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 The information sources deemed to be reliable. and government from private report was produced using data This Et. e t 999 13.3% 13.8% 15.6% E M Et. e t 999 10.3% 10.2% 10.4% O C Et. e t 999 9.1% 8.2% 7.7% N I Et. e t 999 9.6% 7.9% 7.1% Et. e Uer 000 19.2% 12.2% 9.7% Et. Aerge uel e $86,598 $103,041 $104,288 Et. ei uel e $57,470 $77,851 $80,132 Et. Per it e $55,411 $53,722 $48,266 Et. Ttl uiee 9,463 21,986 33,022 Et. Ttl Elee 117,274 267,963 361,117 ©2018, Sites USA, Chandler, Arizona, 480-491-1112 page 1 of 3 Demographic Source: Applied Geographic Solutions 10/2017, TIGER Geography FULL PROFILE 2000-2010 Census, 2017 Estimates with 2022 Projections lulte uig eigte l etri r l ru Lat/Lon: 45.5212/-122.6831 RF1 1111 SW Alder Street 1 mi radius 3 mi radius 5 mi radius Portland, OR 97205 Et. ite 79.7% 80.6% 79.7% Et. l 5.4% 6.4% 6.2% E C A Et. Ai r Pii ler 7.2% 5.3% 6.1% R Et. Aeri i r Al tie 0.9% 0.8% 0.8% Et. ter Re 6.7% 6.9% 7.3% C Et. ii Pulti 2,980 12,178 30,245 I N Et. ii Pulti 6.6% 7.1% 7.2% A P S Pr ii Pulti 7.3% 7.8% 8.0% I H ii Pulti 5.7% 5.5% 6.2% Et. Ault Pulti er r er 35,109 133,316 320,225 ) r Et. Eleetr re eel t 1.2% 1.3% 1.7% e d N l Et. e ig l re eel t 2.9% 2.3% 2.5% O I O r T Et. ig l rute 8.1% 8.7% 10.9% A o 5 C Et. e llege 19.9% 17.8% 19.3% 2 U s D t l E Et. Aite Degree l 5.4% 5.7% 6.3% u d A Et. elr Degree l 35.2% 35.2% 33.6% ( Et. rute Degree 27.3% 29.0% 25.8% G Et. Ttl uig Uits 29,751 92,764 200,832 N I Et. eruie 16.1% 33.6% 47.7% S U Et. Reteruie 78.3% 62.4% 49.0% O H Et. t uig 5.6% 4.0% 3.3% R e uilt r lter 0.5% 0.9% 0.6% A E e uilt t 23.6% 14.1% 10.5% Y Y e uilt t 14.0% 9.8% 9.0% B T e uilt t 9.4% 6.8% 6.5% L I U e uilt t 9.3% 10.2% 11.4% B S e uilt t 9.6% 9.8% 10.2% E M e uilt t 8.5% 9.2% 11.8% O H e uilt ere 42.1% 53.4% 48.9% e lue 000, r re 4.8% 3.8% 2.0% e lue t 999 35.2% 40.2% 27.8% or warranty.