Lombard Crossing Lease

Page 1

FOR LEASE LOMBARD CROSSING: 11870-11876 SW BEAVERTON HILLSDALE HWY RETAIL | RESTAURANT | SERVICE JUSTIN POOR Principal Advisor 503.218.4380 justin.poor@cinw.com OR 200705229 | WA 109251 BRAD MACOMBER Senior Advisor 503.218.4380 brad.macomber@cinw.com OR 200908061 | WA 95748 LEAD ADVISOR

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 INVESTMENT HIGHLIGHTS 8 PROPERTY PHOTOS 10 THE DETAILS 11 LOMBARD CROSSING: TENANTS 12 SITE PLAN 16 DEMOGRAPHICS 17 AREA OVERVIEW

COMBINED AVERAGE INCOME OF HOUSEHOLDS WITHIN A 3 MILE RADIUS IS ESTIMATED TO BE $118.9K, WITH TOTAL CONSUMER SPENDING AMOUNTING TO $3B ANNUALLY

LOMBARD CROSSING | BEAVERTON, OR THE SYNOPSIS

$28 PSF + NNN | 2,380 SF

2,380

SF
PSF NNN ASSET SYNOPSIS 6 LOMBARD CROSSING 11870-11876 SW BEAVERTON HILLSDALE HWY, Building SF Rate Lease Type Delivery Suites Condition Use Parking
$28
2,380 SF $28.00 NNN Immediate 1 Buildout: Veterinarian Clinic Retail, Restaurant, Service 45 Surface Spaces (10/1000 sf)
LOMBARD CROSSING

Flexible Space

2,380 sft of retail, restaurant, or service space (ready for your buildout).

Thriving Retail

Retail thrives in this sector of the city with $118.9K average household income combined with $3B annual consumer spending in a 3 mile radius.

Ease of Access

Well maintained parking lot with 2 ingress/egress accessing SW Lombard Ave + nearby retail neighbors.

Vibrant Neighborhood

Located in the neighborhood of Central Beaverton, where the retail corridor converges with the historic downtown the subject property is just 3 blocks from the Verso Apartments. The Verso is a 172 unit, newly constructed Apartment which provides all the conveniences of city living, just outside the hustle and bustle of Portland. Surrounded by rich green spaces, and a convenient business strip with a mix of historical and modern businesses and services.

Ample Parking On Thoroughfare

Three-Tenant shopping center with 45 surface spaces (10/1000 sf) in dedicated lot. Ample Parking on retail thoroughfare, SW Beaverton-Hillsdale Hwy (OR-10) is a luxury few businesses enjoy in this heavily trafficed area.

Excellent Signage Visibility

One half of the shopping center's highly visible pylon sign at the intersection of SW Beaverton-Hillsdale HWY (OR 10) + SW Lombard Ave is dedicated to this business suite. Signage has direct exposure to a combined 38,165+ VPD.

Convient Commute

The subject property is just 1 minute drive to Downtown Beaverton +/or 33 min drive to Downtown Portland. The proximity to OR 10, OR 8, + OR 217 makes this a prime location for retail, restaurants, or service focused businesses.

LOMBARD CROSSING 7 e
INVESTMENT HIGHLIGHTS
PROPERTY PHOTOS

2,380 SF FOR LEASE AT THE INTERSECTION OF SW BEAVERTON-HILLSDALE HWY (OR 10) + SW LOMBARD AVE OFFERS GREAT VISIBILITY WITH MORE THAN 38,165 VPD

CONSUMERSPENDING 5MILERADIUS$9B CONSUMER SPENDING 3 MILE RADIUS $3B CONSUMER SPENDING 1 MILE RADIUS $359M BEAVERTON-TIGARDFRWY OR217:96,748+VPD SW CANYON RD OR 8: 29,547+ VPD SW BEAVERTON-HILLSDALE HWY OR 10: 31,325+ VPD

LOMBARD CROSSING | BEAVERTON, OR THE DETAILS

2,380 SF AVAILABLE | $28 PSF + NNN

CENTRO CHIROPRACTIC

AT CENTRO CHIROPRACTIC CLINIC, WE HAVE TREATED THOUSANDS OF OREGON AND WASHINGTON CLIENTS FOR PAIN, INJURY AND OVERALL DISCOMFORT FOLLOWING CAR ACCIDENTS, WORKPLACE INJURIES, SPORTS, AND AGE-RELATED MUSCULOSKELETAL DEGENERATION IN OREGON OR WASHINGTON.

LOCATIONS

9 FOUNDED

2007 896 EMPLOYEES

HEADQUARTERS

LOMBARD CROSSING: TENANTS TUALATIN, OR

WEST COAST SPAS

NW’S #1 RETAILER OF PATIO FURNITURE, HOT TUBS, GRILLS, GAS INSERTS, FIREPLACES & STOVES. OUR SPACIOUS SHOWROOMS ARE DESIGNED TO SPARK YOUR IMAGINATION. COME AND DREAM A LITTLE. EXPERT STAFF. QUALITY PRODUCTS. LARGE SELECTION. FAMILY OWNED.

LOCATIONS

3 FOUNDED

2011

104 EMPLOYEES WOODBURN, OR

HEADQUARTERS

VPD SW
VPD SW Lombard Ave SITE PLAN
logo HERE
31,325+
Beaverton Hillsdale Hwy 6,840+
YOUR
AERIAL MAP
LOMBARD CROSSING 13
YOUR logo HERE
TRADE AREA Trade Area Demographic Data + Growth Projections: © AlphaMap.com 2023 5 MILE RADIUS 3 MILE RADIUS 1 MILE RADIUS HOUSEHOLDS POPULATION HH INCOME HOUSEHOLDS POPULATION HH INCOME 59,596 148,181 $118.9K HOUSEHOLDS POPULATION HH INCOME 147,923 342,008 $131.5K 7,450 25,797 $95.1K TRADE AREA: 78.5 SQUARE MILES TRADE AREA: 28.3 SQUARE MILES TRADE AREA: 3.1 SQUARE MILES 5 YR PROJECTED POPULATION GROWTH: 5.336% 5 YR PROJECTED POPULATION GROWTH: 4.731% 5 YR PROJECTED POPULATION GROWTH: 4.588% your logo here 14 LOMBARD CROSSING
PORTLAND MARKET PORTLAND-BEAVERTON 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-BEAVERTON 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 LOMBARD CROSSING 15

31,325 VPD+ SW BEAVERTON HILLSDALE HWY (OR 10)

6,840 VPD+ SW LOMBARD AVE

29,547 VPD+ SW CANYON RD (OR 8)

96,748 VPD+ BEAVERTON TIGARD FREEWAY (OR 217)

ANNUAL FOOT TRAFFIC: 178,424 SITE VISITS

HOURLY FOOT TRAFFIC: 3:00 PM PEAK

DAILY FOOT TRAFFIC: TUESDAY PEAK

WALKSCORE: 88 (VERY WALKABLE)

BIKESCORE: 84 (VERY BIKEABLE)

TRANSITSCORE: 68 (GOOD TRANSIT)

AIRPORT: 33 MIN DRIVE TO PDX

PORTLAND INTERNATIONAL AIRPORT

DOWNTOWN: 1 MIN DRIVE TO DOWNTOWN BEAVERTON

Demographic, Traffic, Consumer Data: © AlphaMap.com 2023 | Population Data: © DataUSA.io 2023 + © Niche.com 2023 | Transportation Ratings: © WalkScore.com 2023 WORK DAY POPULATION HOUSEHOLDS HH INCOME TRAFFIC TRANSPORTATION DEMOGRAPHICS STATE COUNTY MSA CITY CONSUMER SPENDING POPULATION
DEMOGRAPHICS your logo here 1 MILE 3 MILES 5 MILES 25,797 148,181 342,008 7,450 59,596 147,923 $95.1K $118.9K $131.5K $359M $3B $9B OREGON MULTNOMAH COUNTY PORTLAND METRO AREA BEAVERTON 4.18 M 809,869 2.47M 98,567

ABOUTBEAVERTON, OR

Situated in the center of the Tualatin Valley, between Mount Hood and the Oregon coast, Beaverton offers the benefits of a metropolis and the tranquility of a smaller town. It is just seven miles away from Portland's downtown area and is the sixth-largest city in Oregon, as well as the second-largest incorporated city in Washington County. Approximately 100,000 people reside in Beaverton, which is about the same capacity as the Los Angeles Memorial Coliseum. Moreover, roughly one in three citizens claim to have a different ethnicity, 20% were born in a foreign country, and more than one hundred languages are spoken in the Beaverton School District. This cultural diversity is what brings life to Beaverton.

Downtown Beaverton has a special mix of mid-century stores, historic sites, and new mixed-use development. In the city, there are plenty of places to shop, have fun, and explore. There is a park within 0.5 miles of each house, 30 miles of walking routes, and 25 miles of bike paths. There are ski resorts to the east and seaside beaches to the west, as well as forests in all directions, offering lots of chances for recreation.

Located in the middle of Oregon's Silicon Forest, Beaverton is a place of innovation and business development, ranging from up-and-coming startups to more established companies in multiple industries. It is composed of 11 neighborhoods with plenty of activities for its citizens, including jogging, biking, walking dogs and taking part in the many yearly events Beaverton has to offer, such as outdoor plays, concerts, art festivals and cultural celebrations. This helps to bring the people residing in the town closer together.

AREA OVERVIEW
Nike World Headquarters Beaverton Night Market image: beavertonresourceguide.com image: news.nike.com Sisters of St. Mary's Oregon Image: ssmo.or
JUSTIN POOR Principal Advisor 503.218.4380 justin.poor@cinw.com OR 200705229 | WA 109251 BRAD MACOMBER Senior Advisor 503.218.4380 brad.macomber@cinw.com OR 200908061 | WA 95748 LEAD ADVISOR

Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.