Lease Macadam Restaurant

Page 1

FOR LEASE MACADAM RESTAURANT TURNKEY RESTAURANT IN PORTLAND'S SOUTH WATERFRONT 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

LEGAL

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.

DISCLAIMER

THE

CONTENT 05 THE SYNOPSIS 06-07 LEASE OFFERING 08-09 FLOOR PLANS 10 KOZ ON N 4TH 11 PROPERTY MAP 13 NUMBERS 14 INTERIOR PHOTOS 15 LEASE OVERVIEW 16
DETAILS 17 EXTERIOR PHOTOS 18 AREA MAP 19 AREA OVERVIEW 20 DEMOGRAPHICS
IDEALLY LOCATED BETWEEN DOWNTOWN PORTLAND AND LAKE OSWEGO
4 MACADAM RESTAURANT
MACADAM RESTAURANT | PORTLAND, OR THE SYNOPSIS RETAIL | $28 PSF NNN
$28 PSF + $7 PSF NNN 6 MACADAM RESTAURANT 6050 S MACADAM AVE, PORTLAND, OR LEASE OFFERING Available . . . 1,500 SF Rate . . . $28 PSF NNN Rate . . . $7 PSF NNN Build Out . . . Restaurant Availability . . . Immediately Consumer Spending (5miles) . . . $16.2B VPD . . . 18,409+ along Macadam Parking . . . 18 surface spaces MACADAM RESTAURANT

LEASE OFFERING

ABOUT 6050 S MACADAM is located in the upscale John’sLanding/Corbett neighborhood with frontage on MacadamAvenue (OR Route 43). The former sushi and teriyaki restaurant space is available immediately and is ideal for any restaurant or quick-service food concept. The space benefits from its end-cap positioning in the building and excellent visibility from MacadamAvenue, a major north/south thoroughfare that connects Lake Oswego to Downtown Portland. Over 20,000 vehicles pass by the Property per day. A designated turning lane from Southbound Macadam Avenue provides accessibility to the 18 dedicated parking stalls at the Property. Co-tenants include both a bouldering gym and a CrossFit gym.

John’s Landing/Corbett is a pedestrian-friendly neighborhood in South Portland on the banks of the Willamette River. OregonHealth & Science University (OHSU) is approximately three miles away and is considered Portland’s largest employer with 15,000+ employees. OHSU provides a variety of programs, including medical, dental, nursing, science and engineering and is in the middle of a sizeable expansion on the South Waterfront. Strong neighborhood demographics include 3,800+ households with an average household income of $141,361 within one-mile of the Property.

1,500 SQUARE FEET TURNKEY RESTAURANT SPACE IN JOHN’S LANDING/CORBETT

MACADAM RESTAURANT 7
98 97•
• FORMERLY A TERIYAKI & SUSHI RESTAURANT, IDEAL FOR RESTAURANT OR QUICK-SERVICE FOOD CONCEPT • ADJACENT TO STARBUCKS, LEXIDOG ON MACADAM AND THE CIRCUIT BOULDERING GYM • AMPLE ON-SITE PARKING (APPROXIMATELY 18 SURFACE PARKING STALLS AVAILABLE) • IDEALLY LOCATED BETWEEN DOWNTOWN PORTLAND AND LAKE OSWEGO • THE END-CAP RESTAURANT HAS EXCELLENT VISIBILITY FROM MACADAM AVENUE (OR ROUTE 43)
PROPERTY MAP 18,628+ VPD S MACADAM 53' road frontage along S Macadam MACADAM RESTAURANT 8 YOUR Logo HERE
ACROSS THE PARKING LOT TO STARBUCKS WITH 421,092 VISITS ANNUALLY 9 MACADAM RESTAURANT
MACADAM RESTAURANT | PORTLAND, OR THE NUMBERS NUMBERS
11 MACADAM RESTAURANT INTERIOR PHOTOS END CAP RESTAURANT WITH PRIME SIGNAGE FACING MACADAM AVENUE'S 18,628+ VPD
MACADAM RESTAURANT 12 TITLE Property Name 6050 S Macadam Ave Monthly Rent $28.00 PSF Lease NNN Build Out Restaurant Suites Available 1 Available Immediately $28 PSF +NNN LEASE OVERVIEW
MACADAM RESTAURANT | PORTLAND, OR THE DETAILS RESTAURANT | $28 PSF + NNN
14 MACADAM RESTAURANT PROPERTY PHOTOS ANNUAL CONSUMER SPENDING WITHIN 5 MILES $16.2B
MACADAM RESTAURANT 15 TITLEAERIAL MAP YOUR Logo HERE 18,628+VPDSMACADAM 145,820+ VPD I-5 N + S

AREA OVERVIEW

ABOUT

PORTLAND'S SOUTH WATERFRONT

In 2020 Portland decided to add South to the city’s fivedirections (NW, SW, SE, NE, N) to make a total of six. This new mailing address only applied to one single neighborhood –South Portland! Due to extensive recent development along the waterfront, the area previously referred to as the South Waterfront or John’s Landing was divided into two sectionsdistinguishing an new section of Portland, a new name (and nowunique street address) South Portland. The South neighborhood always contained much more than just the waterfront and southernmost section of downtown Portland. It has a vibrant residential core, multiple parks, and its own local attractions. Highway 43 runs through it and makes for a quick drive to may or Portland’s fantastic locations: Sellwood, Lake Oswego, Tryon Creek Park, and downtown Portland itself. South Portland neighborhood is located along the Willamette River and downtown Portland. It is that last square of new sod. It hasn’t quite yet meshed and become one with the rest of the lawn, but it’s glossy green and dewy! You can tell it’s going to fill in nicely once it’s properly watered and made a part of Portland’s ever expanding growth. This neighborhood also borders the Southwest Hills, Homestead, Hillsdale, and South Burlingame neighborhoods.

Portland Sky Tram Burnside Bridge Winter Light Festival image: rove.me image:Dimitri Stucolov Image: David P. Gilkey

18,628+ VPD AT MACADAM

145,820+ VPD AT I-5

1,083+ VPD AT CORBETT AVE

FOOT TRAFFIC: 1PM

FOOT TRAFFIC: TUESDAY

WALKSCORE: 97 (WALKER'S PARADISE) BIKESCORE: 98 (BIKER'S PARADISE)

TRANSITSCORE: 77 (EXCELLENT TRANSIT)

AIRPORT: 45 MIN DRIVE TO (PDX) PORTLAND INTERNATIONAL AIRPORT

1 MILE

MILES

11,332 143,247 421,103 6,041 69,099

MACADAM RESTAURANT 17Demographic, Traffic, Consumer Data: © AlphaMap.com 2022 | Population Data: © DataUSA.io 2022 + © Niche.com 2022 | Transportation Ratings: © WalkScore.com 2022 DEMOGRAPHICS POPULATION HOUSEHOLDS HH INCOME
N+S
N+S
N+S
3
5 MILES TRAFFIC TRANSPORTATION DEMOGRAPHICS
199,609 $161.2K $134.7K $128.4K $545.7M $5.7B $16.2B OREGON MULTNOMAH COUNTY PORTLAND METRO AREA PORTLAND SOUTH PORTLAND STATE COUNTY MSA CITY NEIGHBORHOOD 4.22 MILLION 812,855 2.49 MILLION 653,467 10,250 ANNUAL FOOT TRAFFIC: 421,092 SITE VISITS HOURLY
PEAK DAILY
PEAK CONSUMER SPENDING POPULATION YOUR Logo HERE

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

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.