5821 SE Powell Lease Flyer

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SE POWELL OFFICE LEASE FORMER MUSIC PRODUCTION SPACE JUSTIN POOR Principal Advisor 503.218.4380 justin.poor@cinw.com OR 200705229 | WA 109251 LEAD ADVISOR BRAD MACOMBER Senior Advisor 503.218.4380 brad.macomber@cinw.com OR 200908061 | WA 95748

The information contained in this marketing brochure is proprietary and strictly confidential. It is intended to be reviewed only by the party receiving it from Commercial Integrity, NW and should not be made available to any other persons or entities without written consent of Commercial Integrity, NW. The information contained herein has been prepared to provide summary, unverified financial and physical information to prospective purchasers to establish a preliminary level of interest in the Subject Property. THE INFORMATION CONTAINED HEREIN SHALL NOT BE A SUBSTITUTE FOR

A THOROUGH DUE DILIGENCE INVESTIGATION.

Commercial Integrity, NW has not made any investigation, and makes no warranty or representation with respect to the income or expense for the Subject Property, the future projected financial performance of the Subject Property, the size or square footage and improvements, the presence or absence of contaminating substances, PCBs or asbestos, the compliance with local, state and federal regulations, the physical condition of the improvements thereon, or financial condition or business prospects of any tenant, or any tenant’s plan or intentions to continue to occupy the Subject Property. The information contained herein has been obtained from sources we believe to be reliable; however, Commercial Integrity, NW has not verified and will not verify, any of the information contained herein, nor has Commercial Integrity, NW conducted any investigation regarding these matters and makes no warranty or representation whatsoever regarding the accuracy or completeness of the information provided. All potential purchasers must take appropriate measures to verify all of the information set forth herein.

LEGAL DISCLAIMER
5 THE SYNOPSIS 6 ASSET SYNOPSIS 7 PROPERTY HIGHLIGHTS 8 PROPERTY PHOTOS 11 THE DETAILS 12 SITE PLAN 13 AERIAL MAP 15 AREA OVERVIEW 16 DEMOGRAPHICS

INTERIOR CAN BE COMPLETELY DEMO’D TO SHELL CONDITION IF NEEDED

$16 PSF NNN | 2,468 SF

5821 SE POWELL | PORTLAND, OR THE SYNOPSIS
6 5821 SE POWELL LEASE
$16 PSF NNN ASSET SYNOPSIS 5821 SE POWELL Building SF Lease Rate Lease Type Built Use Building Type Parking Transit SE POWELL OFFICE 2,468 SF $16 PSF NNN 1948 Office Wood Frame 3 Surface Spaces SE Powell + 58th
RATE

Start Fresh

Right locations, wrong layout? This office space can be demoed back to shell condition if need be.

South Tabor + Fo-Po Neighborhood Border

Located at the boundary of South Tabor & Foster-Powell Neighborhoods. South Tabor has a suburban atmosphere with many homeowners. It features numerous bars, restaurants, coffee shops, and parks. The area attracts young professionals and has a liberal vibe. Foster-Powell neighborhood, is bike and pedestrian friendly, with a distinct character.

Higher Education

The 2022 Enrollment rate of 1,333 students. Just 3 minutes from the subject property, Warner Pacific University is rated the #5 in Top Performers on Social Mobility according to U.S. News & World Report for 2022-2023.

Rare Off Street Parking On Thoroughfare

Single tenant office building with 3 surface spaces in dedicated lot. Off street parking is a rare find on this part of Portland's thoroughfare, SE Powell. This is a luxury few businesses enjoy in this high traffic, dense community area.

Highly Visible Signage

Great visibility and signage alongside SE Powell with direct exposure to 24,948+ VPD.

5821 SE POWELL 7 e
PROPERTY HIGHLIGHTS
PROPERTY PHOTOS

CENTRALLY LOCATED WITH OFF STREET PARKING

$16.6B ANNUAL CONSUMER SPENDING WITHIN 5 MILES

2,468

5821 SE POWELL | PORTLAND, OR THE DETAILS SF | OFFICE
HIGHLIGHTS 365+ VPD SE 59TH Ave
your logo here SITE PLAN
24,948+ VPD SE POWELL BLVD 24,948+ VPD SE POWELL BLVD
5821 SE POWELL 13 AERIAL MAP
10,888+VPDSEFOSTERRD
your logo here

5

TRADE AREA Trade Area Demographic Data + Growth Projections: © AlphaMap.com 2023
MILE RADIUS
RADIUS 1 MILE RADIUS HOUSEHOLDS WORKDAY POPULATION HH INCOME HOUSEHOLDS WORKDAY POPULATION HH INCOME 91,818 188,836 $114K HOUSEHOLDS WORKDAY POPULATION HH INCOME 222,879 585,886 $117.7K 11,604 17,543 $108.1K TRADE AREA: 78.5 SQUARE MILES TRADE AREA: 28.3 SQUARE MILES TRADE AREA: 3.1 SQUARE MILES 5 YR PROJECTED POPULATION GROWTH: 4.094% 5 YR PROJECTED POPULATION GROWTH: 3.882% 5 YR PROJECTED POPULATION GROWTH: 3.09% your logo here
3 MILE
PORTLAND MARKET PORTLAND MARKET EMPLOYERS COMPANY EMPLOYEES HQ CITY Intel 22,000 NO HILLSBORO Providence Health & Services 21,000 YES PORTLAND Oregon Health & Science University 12,600 YES PORTLAND Nike 13,964 YES BEAVERTON Legacy Health 13,120 YES PORTLAND Kaiser Permanente 11,163 NO PORTLAND Fred Meyer Stores 9,525 YES PORTLAND PORTLAND MARKET EDUCATION SCHOOL STUDENTS STAFF YEAR Portland State University 22,014 1,700 2022 Oregon Health & Science University 3,035 12,600 2022 University Of Portland 3,731 1,000 2022 Lewis + Clark College 3,513 750 2022 University of Western States 1,000 242 2022 Reed College 886 164 2022 Multnomah University 336 100 2022 College Data: © Google.com 2023 + © Niche.com 2023 | Employer Data: © Google.com 2023 AREA OVERVIEW

DEMOGRAPHICS

24,948 VPD+ SE POWELL BLVD

453 VPD+ SE 58TH AVE

365 VPD+ SE 59TH AVE

ANNUAL FOOT TRAFFIC: 244,937 SITE VISITS

HOURLY FOOT TRAFFIC: 3 PM PEAK

DAILY FOOT TRAFFIC: SUNDAY PEAK

WALKSCORE: 79 (VERY WALKABLE)

BIKESCORE: 90 (BIKER PARADISE)

TRANSITSCORE: 52 (GOOD TRANSIT)

AIRPORT:

20 MIN DRIVE TO PDX

PORTLAND INTERNATIONAL AIRPORT

Demographic, Traffic, Consumer Data: © AlphaMap.com 2022 | Population Data: © DataUSA.io 2022 + © Niche.com 2022 | Transportation Ratings: © WalkScore.com 2022 WORK DAY POPULATION HOUSEHOLDS HH INCOME TRAFFIC TRANSPORTATION DEMOGRAPHICS STATE COUNTY MSA CITY CONSUMER SPENDING POPULATION your logo here 1 MILE 3 MILES 5 MILES 26,030 212,100 585,886 11,451 91,355 221,837 $104.4K $108.6K $113.2K $902.4M $6.9B $16.6B OREGON MULTNOMAH COUNTY PORTLAND METRO AREA PORTLAND 4.22 MILLION 812,855 2.49 MILLION 650,380

PORTLAND IS OREGON’S LARGEST CITY AND THE SECOND-LARGEST CITY IN THE PACIFIC NORTHWEST. THE CITY SITS ON THE BANKS OF THE COLUMBIA AND WILLAMETTE RIVERS AND BASKS BELOW THE SCENIC VIEW OF SNOWCAPPED MOUNT HOOD. ITS INDUSTRY STRENGTHS ENCOMPASS ATHLETIC & OUTDOOR, TECHNOLOGY, MANUFACTURING, AND GREEN CITY SERVICES AND TECHNOLOGIES. IT’S REMARKABLE TRANSPORTATION OPTIONS INCLUDE THE NATIONALLY RANKED PDX AIRPORT, LIGHT RAIL, AND BIKE/WALK ALTERNATIVES. THE REGION’S AIRPORTS, MARINE PROPERTIES, AND BUSINESS PARKS ARE INTEGRAL TO THE AREA’S ECONOMY. THE CITY ATTRACTS BOTH BUSINESSES AND YOUNG, WELL-EDUCATED TALENT DRAWN BY PORTLAND’S GREEN SPACES, ECO-FRIENDLINESS, MICROBREWERIES AND COFFEEHOUSES, CULTURAL AMENITIES, YEAR-ROUND RECREATIONAL ACCESS, AND OPPORTUNITIES FOR GROWTH. WITH PROJECTIONS FOR EMPLOYED POPULATION AND MEDIAN HOUSEHOLD INCOME GROWTH BEING 1.64% AND 3.03% RESPECTIVELY, THE CITY OF ROSES RANKED NUMBER 17 ON FORBES’ LIST OF AMERICA’S FASTESTGROWING CITIES IN 2018. THE PORTLAND METRO NOW REPRESENTS MORE THAN ONE-HALF OF OREGON’S POPULATION. STEADY BOOMING GROWTH IN RECENT YEARS HAS ALLOWED FOR A SIGNIFICANT UPTICK OF CONSTRUCTION, BOTH COMMERCIAL AND RESIDENTIAL, WITHIN MULTNOMAH COUNTY. PORTLAND IS THE 25TH LARGEST CITY NATIONWIDE.

SOUTHEAST PORTLAND SPANS FROM THE WILLAMETTE RIVER TO WOODSTOCK AND MT. TABOR. IT IS AN EXCITING DISTRICT BECAUSE AREAS OF SOUTHEAST PORTLAND VARY DRAMATICALLY FROM OTHERS. THE NEIGHBORHOODS OF INNER SOUTHEAST PORTLAND ARE MUCH MORE REPRESENTATIVE OF PORTLAND’S INFAMOUS PULL TO ARTISTS, ENTREPRENEURS, AND THE EXCITING INVITATION TO GO AGAINST THE NORM. KNOWN TO BE A MUCH MORE AFFORDABLE AREA THAN INNER PDX, BUT IT ALSO HAS MORE ROOM TO GROW AS FAR AS SCHOOLING, WALKABILITY, AND ENTERTAINMENT WITH EXCITING GROWTH OPPORTUNITIES TO CONNECT PORTLAND TO ITS OUTER SUBURBS TO THE SOUTHEAST LIKE MILWAUKIE, OREGON CITY, AND CLACKAMAS.

St. John's Bridge Mural in NE Portland Image: wikimedia.org Image: en.wikipedia.org White Stag Sign Image: wikimedia.org
JUSTIN POOR Principal Advisor 503.218.4380 justin.poor@cinw.com OR 200705229 | WA 109251 LEAD ADVISOR BRAD MACOMBER Senior Advisor 503.218.4380 brad.macomber@cinw.com OR 200908061 | WA 95748

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