Benevolent Association Bldg

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.

GREAT VISIBILITY WITH DIRECT LINE OF SIGHT THROUGH THE CHINATOWN GATEWAY TO W BURNSIDE’S 21,423+ VPD

THE TEAM

BRAD MACOMBER Director of Leasing

JESSA SMITH Marketing

CHRISTINE MORREIRA Operations

ERIK FORDYCE Director of Investments

JUSTIN POOR Principal Advisor

RICHARD RAMER A.D.A Senior Advisor

JUSTIN POOR

PRINCIPAL ADVISOR | OR200705229 | WA109251

503.218.4380 | justin.poor@cinw.com

Founder of Commercial Integrity, top performer in the PNW market and Nationwide, awarded with multiple National Achievements. Brokering nearly $1B in top-tier

BROKER BIO’S

RICHARD RAMER A.D.A

SENIOR ADVISOR | OR201235528 | CA02053543

503.218.4380 | richard.ramer@cinw.com

Licensed, practicing architect for 30+ yrs. His extensive knowledge and experience in architecture, zoning, building codes, and design lend an unmatched skill in the evaluation of property transactions.

BRAD MACOMBER

DIRECTOR OF LEASING | OR200908061 | WA95748

503.218.4380 | brad.macomber@cinw.com

Brad has 10+ yrs of Landlord and Tenant Representation & a strong law background. Top Producer in the PNW, recognized as the number one retail leasing broker in 5 out of the last 6 yrs.

ERIC FORDYCE

DIRECTOR OF INVESTMENTS

503.218.4380 | erik.fordyce@cinw.com

Erik has 15+ yrs of broad experience across investment and corporate finance industries. With extensive work in structuring business and real estate acquisition transactions, he is an integral part of our finance and investor relations.

BENEVOLENT ASSOCIATION BLDG | PORTLAND, OR THE DIFFERENCE

OUR INTENT

Commercial Integrity NW was founded on the principal in its name. In a transactional world, the strength and simplicity in integrity is often overlooked. CINW strives to combine true integrity with over twenty-plus years of unmatched sales and advisory experience while prioritizing the responsibility to do right.

THE APPROACH

ADVISORY SERVICE

A Dynamic Approach to Uncovering Latent Value. Design Strategies to Achieve Both Your Short-Term and Long-Term Goals. Advisory Services Including: Lease Renewals, Market Analysis and our Intelligent Pricing Model.

INVESTMENT SALES + LEASING

Single Tenant/Multi-Tenant/Mixed-Use Retail Assets. First Time and Seasoned Investors. Private and Institutional Clients. Northwest Focused with a National Reach.

SYNERGISTIC PERSPECTIVE

Our Investment Advisory Team Works Collaboratively on your Behalf. We Utilize our Synergies to Expose and Activate Untapped Value. Our Innovative Process Captures Value Today and Solidifies it for Tomorrow.

MARKETING MATERIALS THAT HIGHLIGHT YOUR ASSET: OFFERING MEMORANDUM'S

DEDICATED LISTING PAGE

CUSTOMIZED, FULLY BRANDED, OMNI-CHANNEL MARKETING PACKAGE TO PRESENT YOUR ASSET TO THE CURRENT MARKET OF TECH-SAVY INVESTORS.

BENEVOLENT ASSOCIATION BLDG

26-32 NW 4TH AVE • PORTLAND, OR 97209

1-2

2-4

WEEKS WEEKS

• Professional/ Aerial Photography

• Produce marketing material, including property flyer, Final Offering Memorandum, digital marketing materials for on-line promotion, and physical signage

• Featured Property on CINW.com Final OM to include Tenant Profiles

• Client review and approval of marketing material

• Refine the active buyer dream list

• The most active buyers in the market targeted for your specific asset

5-8

WEEKS

ONGOING

• Personal contact via phone calls, emails or in person with targeted list

• Associate data analyst identifying new to market prospects ongoing

• Present opportunity to marketplace through media channels including: CINW website, CoStar, LoopNet, Crexi, CommercialCafe, Real Capitol Markets

• Execute marketing email campaigns to most active buyers locally, regionally, West Coast, & Nationally

• Social Media campaign on market relevant social media platforms: LinkedIn, Facebook, Twitter, Instagram

• Personally contact Investor, Exchange Accomodaters, Exchange Clients, & Brokers with property specific Marketing Assets

• Update Marketing Materials as needed

• Vet potential investors as Confidentiality Agreements are executed

• Press Release

• Marketing Report to Ownership

• Update marketing material as needed

• Ongoing walkthroughs at the property

• Negotiate Offers

• Update marketing material as needed

14 BENEVOLENT ASSOCIATION BLDG

ASK OUR ADVISORS ABOUT CI’S NEW PLATFORM!

CI HAS TAKEN AN AGGRESSIVE AND MODERN APPROACH TO ACCESSING NEW INVESTORS. IN 2022 WE HAVE ESTABLISHED PARTNERSHIPS WITH CUTTING EDGE COMPANIES TO SPECIFICALLY ENHANCE OUR CLIENTS REACH. OUR NEW PLATFORM PROVIDES OUR CLIENTS WITH ACCESS TO THE LARGEST POOL OF WEST COAST INVESTORS.

SEATTLE | TACOMA

PORTLAND | VANCOUVER

BOISE

SAN FRANCISCO | SAN JOSE

LOS ANGELES

IDENTIFY

Our "Select Buyer List" includes 25K+ active Investors and Owner/Users in the Western Region of the US. Our Buyer list is growing on a weekly basis and is the result of building lasting and successful relationships across the country for over a decade.

THE FORMULA

CONNECT

When we represent a new asset in the market place, our team prides itself on taking a proactive approach with this specific group of Investors. Whether it is a personal phone call or reaching them through our various marketing efforts - its these connections that make the difference.

TRACK

Our Research Team is constantly following the market and stays current on all investment transactions completed on the West Coast and throughout the country. We specifically target scores of new Investors on a daily basis who have just completed a sale or who are actively looking to purchase investment assets.

CLOSE

Our Expert Team of Advisors have brokered

$200M+ in Commercial Real Estate Transactions

Since 2019

CLIENT PORTALS

ESCROW + DUE DILIGENCE

BOUTIQUE CUSTOMER EXPERIENCE WITH PRIVATE CLIENT PORTALS TO STAY CONNECTED THROUGHOUT THE CLOSING PROCESS. EASY TO FOLLOW ESCROW TIMELINE, SECURE

DUE DILIGENCE LINKS, WEEKLY MARKETING REPORTS, AND DIRECT CONTACT WITH YOUR ADVISOR TAKE THE GUESS WORK OUT OF BUYING OR SELLING YOUR INVESTMENT.

THIS NEIGHBORHOOD HOSTS THE LARGEST LUNAR NEW YEAR CELEBRATION IN THE PNW. A GLOBAL CULTURAL EVENT CELEBRATED BY 1.5B+ ANNUALLY

BENEVOLENT ASSOCIATION BLDG | PORTLAND, OR THE SYNOPSIS

$ 1,950,000 | $205 PSF

$1,950,000

$205 PSF | 9,500 SF

BENEVOLENT ASSOCIATION BLDG

26-32 NW 4TH AVE • PORTLAND, OR 97209

Building (s) . . . 9,500 SF

Land . . . 4,750 SF

Acres . . . 0.11 AC

Year Built . . . 1890/1970

Zoning . . . Commercial: 148

Event Space . . . 3,000 sf

Residential . . . 9 SRO units w/ central Kitchen

Parking . . . Street

Use. . . Mixed-Use: Event Space/ SRO

Major Tenants . . . SHAKE BAR (Nightclub)

Mixed-Use Asset

3,000 sf of event space, currently operating as SHAKE BAR (nightclub) and crowned with 9 Single-Room-Occupancy units with a shared kitchen.

The Vibe

An engaging mix of Historic Portland, Iconic Culture, and Modern Nightlife. This area of the city draws in the energetic youthful carefree nightlife that calls Portland home. 8.224% Population growth is forecasted for the 1 mile radius of this location.

Old Town Chinatown Nightlife District

Boasting 10 dance venues within it’s 10 city block spread, Old Town Chinatown is the Vibrant Nightlife District of a very colorful city.

1 Block from Prominent Retail Corridor

Strong national and regional retailers line NW Burnside St. Most notable retail includes: Powell’s City of Books, Voodoo Doughnut, Patagonia, Dr. Martin’s, Buffalo Exchange, Whole Foods, Vans, , and of course, the Mcmenamins Ringler’s Pub, Crystal Ballroom, & Crystal Hotel.

High Employment + Healthy Consumer Spending

The Mixed-Use, Multi-Tenant Building is just 7 minute drive from Oregon Health + Science University (Portland's 2nd largest employer, with 21,000 staff). Within the 5 mile radius of this location annual consumer spending is $12B with 5 year forcasted increase to $13B.

Highly Visible

Great visibility and signage with direct line of sight through Portland’s Chinatown Gateway to W Burnside & exposure to 21,423+ VPD.

9,500 SF MIXED-USE (EVENT SPACE + SRO UNITS)

INVESTMENT ON 4,570SF LOT

BENEVOLENT ASSOCIATION BLDG | PORTLAND, OR THE NUMBERS

VALUATION

AGGRESSIVE LIST PRICE $1,950,000

LIKELY STRIKE PRICE $1,800,000

CONSERVATIVE STRIKE $1,500,000

THE SUBJECT PROPERTY SITS IN PORTLAND’S NIGHTLIFE DISTRICT

+ IS HOME TO SHAKE BAR NIGHTCLUB WITH $5M ANNUAL REVENUE

BENEVOLENT ASSOCIATION BLDG | PORTLAND, OR THE DETAILS

9,500 SF BUILDING | 4,750 SF LAND

AREA DATA

OLD TOWN CHINATOWN IS PORTLAND’S NIGHTLIFE DISTRICT, AND IT BOASTS THE DENSEST CONCENTRATION OF DANCE CLUBS. 10 DANCE VENUES WITHIN THE 10 CITY BLOCKS.

AVERAGE VISITS*

ANNUAL: 446,271

MONTHLY: 37,189

WEEKLY: 9,297

DAILY: 1,328

SHAKE BAR

Shake Bar is Portland’s Hottest dance club in Chinatown! It’s affordable luxury in a prime party location. Energetic, neon-hued nightclub with a variety of DJs, dancing, bottle service & a full bar.

LOCATION

1 FOUNDED

2017

PRIVATELY OWNED

25+

HEADQUARTERS $5M+

EMPLOYEES

REVENUE

PORTLAND, OR

TENANT PROFILE: SHAKE BAR

3,776+ VPD W GLISAN

21,423+ VPD W BURNSIDE

BURNSIDE BRIDGE

5 MILE RADIUS

3 MILE RADIUS

3.1

8.225%

Trade Area Demographic Data + Growth Projections: © AlphaMap.com 2023

ABOUT PORTLAND, OR

Portland, the largest city in Oregon, is an attractive location for businesses seeking to expand. Nestled between the picturesque Columbia and Willamette rivers, with majestic Mount Hood in the background, Portland boasts a thriving economy with strengths in industries such as athletics & outdoor, technology, manufacturing, and green city services and technologies. Its efficient transportation options include nationally ranked PDX airport, light rail, and bike/walk alternatives, making it easy for businesses to connect with the rest of the city. With projections for employed population and median household income growth being 1.64% and 3.03%, respectively, Portland is ranked number 17 on Forbes’ list of America’s Fastest-Growing Cities in 2018. Portland is known for its green spaces, Eco-friendliness, microbreweries and coffeehouses, cultural amenities, year-round recreational access, and opportunities for growth. The booming growth has allowed for a significant uptick of construction, both commercial and residential, within Multnomah County.

Old Town Chinatown is the city’s oldest neighborhood, and is filled with surprises. From authentic Chinese restaurants, tea houses, and a cityblock-sized traditional garden, Portland’s original downtown is a bustling entertainment district and street-wear shopping hub. Read on for our favorite things to do and see in Portland’s historic Old Town Chinatown.

Burnside Bridge

Winter Light Festival

Image: eaterPDX

Image: en.wikipedia.org

The White Stag Sign

Image: wikimedia.org

34 BENEVOLENT ASSOCIATION BLDG

21,423+ VPD AT W

3,776+ VPD AT W GLISAN

WALKSCORE: 99 (WALKER’S PARADISE)

BIKESCORE: 99 (BIKER’S PARADISE)

TRANSITSCORE: 94 (RIDER’S PARADISE)

AIRPORT: 21 MIN DRIVE TO (PDX)

PORTLAND INTERNATIONAL AIRPORT