Sandy Retail

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.

THE TEAM

THE SYNOPSIS

THE NUMBERS

THE DETAILS

COMMERCIAL INTEGRITY STANDS ALONE IN OUR RETAIL INVESTMENT SALES EXPERIENCE. SINCE INCEPTION THE TEAM HAS TRANSACTED NEARLY $1B IN RETAIL ASSETS

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.I.A Senior Advisor

ADVISOR BIO'S 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 transactions.

RICHARD RAMER A.I.A

SENIOR ADVISOR OR201235528 | CA02053543

503.218.4380 | richard.ramer@cinw.com

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

BRAD MACOMBER

SENIOR ADVISOR | DIRECTOR OF LEASING OR200908061 | WA95748

503.218.4380 | brad.macomber@cinw.com

Brad has 10+ yrs of Commercial Sales + Leasing experience. He has brokered millions of dollars in Commercial Real Estate sales. Brad has represented both Landlords + Tenants in hundreds of Leases.

ERIK FORDYCE

DIRECTOR OF INVESTMENTS OR201251735

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.

SALES EXPERIENCE

OUR NUMBERS SPEAK FOR THEMSELVES

OVER OUR TENURE, OUR TEAM SHOWS AN IMPRESSIVE TRACK RECORD CLOSING TRANSACTIONS WITHIN 98.1% OF OUR RECOMMENDED PRICING.

THE APPROACH

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.

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.

NOTABLE SALES

VANCOUVER MARKET CENTER

5000 E 4TH PLAIN BLVD, VANCOUVER, WA 98661

BUILDING(S) SF: 117,087

LAND SF: 505,732

PRICE : $17,000,000

ASSET TYPE: SHOPPING CENTER

GREEN VALLEY STATION

3000 & 3020 GREEN VALLEY ROAD, CAMERON PARK, CA 95682

BUILDING SF: 45,310

LAND SF: 188,178

PRICE: $15,100,000

DESCRIPTION: SHOPPING CENTER

RIVERSTONE

3425 SE 192ND AVE, VANCOUVER, WA 98683

BUILDING SF: 96,129

LAND SF: 370,260

PRICE : $27,977,000

ASSET TYPE: SHOPPING CENTER

KING CITY PLAZA

15525 SW 116TH AVE, KING CITY, OR 97224

BUILDING SF: 62,676

LAND SF : 245,243

PRICE: $15,686,000

DESCRIPTION: SHOPPING CENTER

SANDY RETAIL

CLOVIS CENTER (WALMART ANCHORED)

1810, 1820 & 1840 SHAW AVENUE, CLOVIS, CA 93611

BUILDING(S) SF: 21,879

LAND SF: 134,483

PRICE : $4,350,000

ASSET TYPE: SHOPPING CENTER

MOUNTAIN VIEW VILLAGE

14415 SE MILL PLAIN BLVD, VANCOUVER, WA 98684

BUILDING(S) SF: 36,005

LAND SF: 150,718

PRICE : $7,550,000

ASSET TYPE: SHOPPING CENTER

SHOPS AT MILL CREEK (IN ESCROW)

1214 & 1218 SW SCOTTON WAY, BATTLEGROUND, WA

BUILDING(S) SF: 16,408

LAND SF: 72,942

PRICE : $7,950,000

ASSET TYPE: SHOPPING CENTER

EAST BURNSIDE PLAZA (QFC)

5512-5544 E BURNSIDE ST, PORTLAND, OR 97215

BUILDING(S) SF: 30,284

LAND SF: 92,521

PRICE : $8,643,000

ASSET TYPE: SHOPPING CENTER

THE FORMULA INDENTIFY

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.

TRACK

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.

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.

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-SAVVY INVESTORS.

COMMERCIAL INTEGRITY

NW’S DIRECT INVESTOR EXPOSURE

CI HAS TAKEN AN AGGRESSIVE AND MODERN APPROACH TO ACCESSING NEW INVESTORS. IN 2022 WE 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.

BOISE

SAN

SANDY RETAIL CENTER

5-8 2-4 1-2

• Professional/ Aerial Photography

• Produce marketing material, including property flyer, OM, digital marketing materials for on-line promotion, and signage

• 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

• 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, Real Capitol Markets

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

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

• Personally contact Investor, Exchange Accomodaters, Exchange Clients, & Brokers with external marketing pieces

• 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

SYNOPSIS

SANDY RETAIL | PORTLAND OR MSA THE

NOI $1,132,432 | 6.75% CAP

THE MARKET IS CHANGING

INTEREST RATE ENVIRONMENT IS VOLATILE AND WILL REMAIN ELEVATED FOR THE FORESEEABLE FUTURE

3.53%

10YR TREASURY MARKET SNAPSHOTS

SANDY OR ASSET

36641-37077HWY 26, SANDY, OR

LIST: $16,777,000

BLDG: 100,762 SF

LAND: 6.71 AC

NOI: $1,132,432

CAP: 6.75%

BLDG: $166 PSF

LAND: $57 PSF

SANDY RETAIL | PORTLAND OR MSA THE NUMBERS VALUATION

INCOME/EXPENSE: SANDY RETRAIL

SANDY REATIL

SALE OFFERING: SANDY RETAIL

ACRES:6.71

PRICE: $16,777,000

BLDG PSF: $166

LAND PSF: $57

BUILDING(S): 100,762 SF ON MARKET

DESCRIPTION: RETAIL CENTER

SHOPPING CENTERS ARE FORECASTED TO SEE SIGNIFIGANT GROWTH OF 5.90% CAGR IN THE NEXT 5 YRS

THE DETAILS

SANDY RETAIL | PORTLAND OR MSA

MARKET AREA | DEMOGRAPHICS

GLODAL INDUSTRY: SHOPPING CENTERS

Shopping centers are gaining popularity because they include clothing stores, foods, a variety of collections from different retailers or vendors, and much more in one place. This is the major factor driving the market growth. Moreover, shopping centers provide a better consumer experience, allowing them to gain access to various practices such as new product launches, festivals, and events.

GLOBAL INDUSTRY FORECAST

Shopping Centers Market is set to experience a significant growth rate of 5.90 % CAGR from 2022 to 2029. Global Shopping Centers Market is valued at approximately USD 5231.63 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 5.90% over the forecast period 2022-2029.

US INDUSTRY: SHOPPING CENTERS

Shopping malls were already hurting as online shopping gained territory in the United States, but the coronavirus (COVID-19) lockdowns shut most U.S. retail locations. In 2020 alone, the vacancy rate of malls and strip centers reached over 6%, while the number of stores closed by bankrupt mall-based retailers exceeded 5,000. Now more than ever mall operators are shifting from a shopping destination to a “cultural” hub or a retailtainment (retail + entertainment) center, and consumers are embracing it.

US INDUSTRY FORECAST

Economists predict retail sales growth of 0.5% in 2023, or a 0.1% decline when accounting for inflation, before returning to slower growth than pre-pandemic levels afterward. Price growth, meanwhile, will shrink to 0.6% in 2023 from 8.9% in 2022.

PACIFIC NORTHWEST INDUSTRY: SHOPPING CENTERS

While many consumers continue to utilize the conveniences offered by online shopping, much of that growth is driven by multichannel sales, where the physical store still plays an important component in the fulfillment process. As the role of brick-and-mortar stores has evolved in recent years, they remain the primary point of purchase for consumers, accounting for approximately 70% of total retail sales.

PACIFIC NORTHWEST INDUSTRY FORECAST

The National Retail Federation issued its annual forecast, anticipating that retail sales will grow between 4% and 6% in 2023. In total, NRF projects that retail sales will reach between $5.13 trillion and $5.23 trillion this year.

ABOUT THE PACIFIC NORTHWEST

THE PACIFIC NORTHWEST (PNW), SOMETIMES REFERRED TO AS CASCADIA, IS A GEOGRAPHIC REGION IN WESTERN NORTH AMERICA BOUNDED BY ITS COASTAL WATERS OF THE PACIFIC OCEAN TO THE WEST AND, LOOSELY, BY THE ROCKY MOUNTAINS TO THE EAST. THOUGH NO OFFICIAL BOUNDARY EXISTS, THE MOST COMMON CONCEPTION INCLUDES THE U.S. STATES OF OREGON, WASHINGTON, AND IDAHO, AND THE CANADIAN PROVINCE OF BRITISH COLUMBIA. SOME BROADER CONCEPTIONS REACH NORTH INTO ALASKA AND YUKON. THE COASTAL AREAS WEST OF THE CASCADE AND COAST MOUNTAINS. THE OVERWHELMING MAJORITY OF THE POPULATION OF THE PACIFIC NORTHWEST IS CONCENTRATED IN THE PORTLAND–SEATTLE–VANCOUVER CORRIDOR. AS OF 2016, THE COMBINED POPULATIONS OF THE LOWER MAINLAND REGION (WHICH INCLUDES GREATER VANCOUVER), THE SEATTLE METROPOLITAN AREA, AND THE PORTLAND METROPOLITAN AREA TOTALED MORE THAN NINE MILLION PEOPLE.HOWEVER, BEYOND THESE THREE CITIES, THE PNW REGION IS CHARACTERIZED BY A VERY LOW DENSITY POPULATION DISTRIBUTION. SMARTASSET'S 2022 TOP 100 BOOMTOWN'S IN AMERICA LISTED 4 IN THE PNW: NAMPA, ID IS #1, PASCO, WA IS #8, BEND, OR IS #21, & BOISE CITY, ID IS #22. WITH FORECASTED POPULATION GROWTH BETWEEN 6.4% AND 17.04% THE REGION IS EXPERIENCING EXPANION AT A HEALTHY RATE.

MSA MARKET EDUCATION

ABOUT SANDY OR

Experience the beauty and history of Sandy Oregon in the local parks, attractions, eateries and breathtaking viewpoint. Explore the history and beauty of this small town, which served as a stopover point for more than 50,000 pioneers along the historic Barlow Road. In 2020, Sandy, OR had a population of 11.3k people with a median age of 34.6 and a median household income of $81,262. Between 2019 and 2020 the population of Sandy, OR grew from 11,070 to 11,319, a 2.25% increase and its median household income grew from $73,443 to $81,262, a 10.6% increase Immerse yourself in the culture and sights of this charming town — from its old-fashioned buildings to its stunning views — while making memories that will last a lifetime. Uncover all that Sandy has to offer with its unique activities and attractions. Start your journey today! Explore Sandy Oregon and experience all that it has to offer.

VIEW FROM SANDY OR

EQUINE SANCTUARY

Image: wikimedia.org

Image: en.wikipedia.org

WELCOME SIGN

Image: wikimedia.org

WITH $660.6M CONSUMER SPENDING WITHIN 5 MILES

INDUSTRY HIGHLIGHT

THE IMPACT OF INFLATION ON CONSUMER BEHAVIOR REPORT PREDICTS

A 5.5% INCREASE IN FOOD AND BEVERAGE DOLLAR SALES THROUGH ALL CHANNELS FOR THE FULL YEAR, WHILE UNIT VOLUMES WILL DECLINE BY 2% AS CONSUMERS WILL CONTINUE TO SHUN SOME DISCRETIONARY PURCHASES. THE GROWTH IN DOLLAR SALES IS LOWER THAN THE INFLATION-DRIVEN 8.7% GROWTH IN 2022, BUT HIGHER THAN THE HISTORICAL BASELINE OF 2%-3% ANNUAL GROWTH.

GROCERY OUTLET

GROCERY OUTLET BARGAIN MARKET (GOBM), THE FASTGROWING WEST COAST DISCOUNTER, IS HEADING INTO 2023 WITH A WINNING GROWTH STRATEGY, ACCORDING TO PLACER. AI. GROCERY OUTLET IS EXPECTING INFLATION TO CONTINUE TO MODERATE. IN THE REVISED GUIDANCE, GROCERY OUTLET EXPECTS ITS COMP-STORE SALES INCREASE FOR FY 2023 TO RANGE FROM 5% TO 6%, UP FROM THE PREVIOUS ESTIMATE OF 4.5% TO 5.5%.

LOCATIONS

449 FOUNDED

1946

$3.135B REVENUE

4451

HEADQUARTERS GO

NAICS CODE

NASDAQ

EMERYVILLE, CA

Industry Highlights sourced from Super Market News + Placer.ai

TENANT PROFILE: GROCERY OUTLET

INDUSTRY HIGHLIGHT

THE IMPACT OF INFLATION ON CONSUMER BEHAVIOR REPORT PREDICTS

A 5.5% INCREASE IN FOOD AND BEVERAGE DOLLAR SALES THROUGH ALL CHANNELS FOR THE FULL YEAR, WHILE UNIT VOLUMES WILL DECLINE BY 2% AS CONSUMERS WILL CONTINUE TO SHUN SOME DISCRETIONARY PURCHASES. THE GROWTH IN DOLLAR SALES IS LOWER THAN THE INFLATION-DRIVEN 8.7% GROWTH IN 2022, BUT HIGHER THAN THE HISTORICAL BASELINE OF 2%-3% ANNUAL GROWTH.

BI-MART

BI-MART WAS FOUNDED OVER A CUP OF COFFEE BY A GROUP WHO FELT THAT THE AVERAGE WORKING PERSON DESERVED A BETTER VALUE FOR THEIR MONEY. AT THAT TIME, FAIR TRADE LAWS STATED THAT MERCHANDISE HAD TO BE SOLD AT OR ABOVE THE MANUFACTURER’S SUGGESTED RETAIL PRICE. HOW COULD WE FOLLOW THE LAW AND STILL GIVE CUSTOMERS A BETTER VALUE? A MEMBERSHIP CONCEPT WAS THE ANSWER. MEMBERSHIP, DISCOUNT SHOPPING IN THE NORTHWEST, OFFERING MAXIMUM SAVINGS AND SELECTION ON THE THINGS YOU NEED AND USE EVERY DAY. A FRIENDLY, COMFORTABLE PLACE TO SHOP THAT’S NOT TOO BIG AND NOT TOO SMALL.

LOCATIONS

80 FOUNDED

1955

$878M REVENUE

32K+

4451

HEADQUARTERS

EMPLOYEES

NAICS CODE

EUGENE, OR

Industry Highlights sourced from Grand View Research

TENANT PROFILE: BI-MART

INDUSTRY HIGHLIGHT

THE GLOBAL AUTOMOTIVE AFTERMARKET INDUSTRY SIZE WAS VALUED AT USD 427.51 BILLION IN 2022. THE MARKET IS EXPECTED TO REGISTER A COMPOUND ANNUAL GROWTH RATE (CAGR) OF 4.0% FROM 2023 TO 2030, ACCORDING TO GRAND VIEW RESEARCH, INC. THE MARKET IS MAJORLY DRIVEN BY THE PURSUIT OF AUTOMOBILE DRIVERS TO ENHANCE THEIR VEHICLE PERFORMANCE IN TERMS OF EXHAUST SOUND, SPEED, AND APPEARANCE PARAMETERS ALONG WITH MANY OTHER ASPECTS.

NAPA

THE NATIONAL AUTOMOTIVE PARTS ASSOCIATION, ALSO KNOWN AS NAPA AUTO PARTS, FOUNDED IN 1925, IS AN AMERICAN RETAILERS' COOPERATIVE DISTRIBUTING AUTOMOTIVE REPLACEMENT PARTS, ACCESSORIES AND SERVICE ITEMS THROUGHOUT NORTH AMERICA.

LOCATIONS

1925

22K+ FOUNDED

NASDAQ

10K+ EMPLOYEES

HEADQUARTERS $18.9

REVENUE

ATLANTA, GA

TENANT LIST (GLA 100,762 SF)

is site plan is presented solely for the purpose of identifying the property’s purpose and identifying the property’s location and size. is is to be used for reference only.

409-892-0200 |

31,188+ VPD ALONG US 26

1,200+ VPD INDUSTRIAL WAY

ANNUAL FOOT TRAFFIC: 1,194,979 SITE VISITS

HOURLY FOOT TRAFFIC: 3 PM PEAK

DAILY FOOT TRAFFIC: FRIDAY PEAK

WALKSCORE: 59 (SOMEWHAT WALKABLE)

BIKESCORE: 58 (BIKEABLE)

TRANSITSCORE: -- (NA)

AIRPORT: 43 MIN DRIVE TO PDX

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

40 SANDY RETAIL

5 MILE RADIUS

3 MILE RADIUS