1434 sw park avenue - loopnet...the information herein has been obtained from sources we deem...
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The information herein has been obtained from sources we deem reliable. We do not, however, guarantee its accuracy. All information should be verified prior to purchase/leasing. View the Real Estate Agency Pamphlet by visiting our website, www.cra-nw.com/real-estate-agency-pamphlet/. CRA PRINTS WITH 30% POST-CONSUMER, RECYCLED-CONTENT MATERIAL
Commercial Realty Advisors NW, LLC, 733 SW Second Avenue, Suite 200, Portland, Oregon 97204www.cra-nw.com
Licensed brokers in Oregon & Washington
CRAkathleen healy
ashley heichelbech(503) 274 – 0211
[email protected]@cra-nw.com
F O R L E A S E I N D O W N T O W N P O R T L A N D
1434 SW PARK AVENUE
990 square feet of restaurant spaceAvailable Space
1434 SW Park Avenue in Downtown Portland, OregonLocation
Rental Rate $32 PSF / YR / NNN
Traffic Count SW Park Avenue & SW Market Street – 20,637 ADT (15) SW Park Avenue & SW Clay Street – 20,777 ADT (12)
Comments • Rare second generation ground floor restaurant space in the heart of the South Park blocks near the Portland State University campus and downtown Portland’s cultural center. Available now!
• Type I and Type II venting with kitchen hood in place, ready for a qualified restaurant operator.
• Ideally situated on the ground floor of the mixed use 7-story Gallery Park apartment building. Adjacent building tenants include: Starbucks and Eastside Deli, and is just steps away from the 19-story Broadway Tower (opening in 2018, including 19 floors of office and the Radisson RED hotel and ground floor retail).
AVAILABLE NOW!
1 MILE 3 MILE 5 MILE
Est. Population 35,533 169,618 423,920Population Forecast 2022 38,236 183,432 457,324Average HH Income $73,056 $91,907 $93,296Employees 103,509 265,865 359,114Source: Regis - SitesUSA (2017)
Demographics
downtown portland
130,886 adt {2015}
61,876 adt {2014}
71,700 adt {2014}
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PORTLAND STATE UNIVERSITY28,241 STUDENTS
KATIE’S CAFE
MULTNOMAHCOUNTY
COURTHOUSE
ARLENESCHNITZER
CONCERT HALL
HIGGINS
EMPIRE
LINCOLN PERFORMANCE
HALL
LOVE BELIZEAN
CRA
PARK AVENUE
CAFE
PARK AVENUE MARKET
SITE
CRA
SW PARK AVENUE
AVAILABLE990 SF
SITE PLAN / 1434 SW PARK AVENUE
CRA
CRA
AVAILABLE NOW!
1434 SW PARK AVENUE STOREFRONT
PORTLAND, OREGON
CRACRA
PORTLAND, OREGON
Demographic Source: Applied Geographic Solutions 04/2017, TIGER Geography page 1 of 3©2017, Sites USA, Chandler, Arizona, 480-491-1112
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FULL PROFILE2000-2010 Census, 2017 Estimates with 2022 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 45.5145/-122.6831RF1
Gallery Park1 mi radius 3 mi radius 5 mi radius
1434 SW Park Ave, Portland, OR 97201
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2017 Estimated Population 35,533 169,618 423,9202022 Projected Population 38,236 183,432 457,3242010 Census Population 30,943 143,924 381,4882000 Census Population 24,344 126,854 355,120Projected Annual Growth 2017 to 2022 1.5% 1.6% 1.6%Historical Annual Growth 2000 to 2017 2.7% 2.0% 1.1%
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S 2017 Estimated Households 21,350 88,955 195,9592022 Projected Households 22,920 95,094 209,3172010 Census Households 18,547 74,863 175,8932000 Census Households 15,321 65,381 160,293Projected Annual Growth 2017 to 2022 1.5% 1.4% 1.4%Historical Annual Growth 2000 to 2017 2.3% 2.1% 1.3%
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2017 Est. Population Under 10 Years 4.0% 8.3% 9.9%2017 Est. Population 10 to 19 Years 6.3% 6.8% 8.3%2017 Est. Population 20 to 29 Years 26.2% 19.4% 15.5%2017 Est. Population 30 to 44 Years 26.4% 28.9% 28.0%2017 Est. Population 45 to 59 Years 17.7% 18.2% 19.1%2017 Est. Population 60 to 74 Years 14.8% 14.0% 14.3%2017 Est. Population 75 Years or Over 4.6% 4.4% 4.9%2017 Est. Median Age 36.7 37.0 37.7
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2017 Est. Male Population 55.6% 50.8% 49.5%2017 Est. Female Population 44.4% 49.2% 50.5%
2017 Est. Never Married 59.6% 49.1% 42.6%2017 Est. Now Married 19.4% 31.9% 38.3%2017 Est. Separated or Divorced 17.5% 15.7% 15.5%2017 Est. Widowed 3.5% 3.3% 3.6%
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2017 Est. HH Income $200,000 or More 8.2% 12.3% 11.2%2017 Est. HH Income $150,000 to $199,999 4.1% 6.8% 7.4%2017 Est. HH Income $100,000 to $149,999 11.0% 13.9% 16.1%2017 Est. HH Income $75,000 to $99,999 9.8% 11.9% 12.9%2017 Est. HH Income $50,000 to $74,999 12.8% 13.9% 15.6%2017 Est. HH Income $35,000 to $49,999 10.3% 10.8% 10.8%2017 Est. HH Income $25,000 to $34,999 9.5% 8.5% 7.9%2017 Est. HH Income $15,000 to $24,999 10.5% 8.2% 7.4%2017 Est. HH Income Under $15,000 23.7% 13.6% 10.7%2017 Est. Average Household Income $73,056 $91,907 $93,2962017 Est. Median Household Income $49,638 $72,908 $77,0322017 Est. Per Capita Income $45,385 $48,664 $43,439
2017 Est. Total Businesses 8,094 22,112 33,1052017 Est. Total Employees 103,509 265,865 359,114
Demographic Source: Applied Geographic Solutions 04/2017, TIGER Geography page 2 of 3©2017, Sites USA, Chandler, Arizona, 480-491-1112
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FULL PROFILE2000-2010 Census, 2017 Estimates with 2022 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 45.5145/-122.6831RF1
Gallery Park1 mi radius 3 mi radius 5 mi radius
1434 SW Park Ave, Portland, OR 97201
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2017 Est. White 79.4% 82.1% 80.7%2017 Est. Black 5.1% 5.1% 5.5%2017 Est. Asian or Pacific Islander 8.0% 5.5% 5.9%2017 Est. American Indian or Alaska Native 1.0% 0.8% 0.7%2017 Est. Other Races 6.6% 6.6% 7.1%
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NIC 2017 Est. Hispanic Population 2,275 11,525 29,190
2017 Est. Hispanic Population 6.4% 6.8% 6.9%2022 Proj. Hispanic Population 7.0% 7.6% 7.7%2010 Hispanic Population 5.7% 5.3% 5.9%
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2017 Est. Adult Population (25 Years or Over) 27,479 131,398 320,3882017 Est. Elementary (Grade Level 0 to 8) 1.2% 1.2% 1.5%2017 Est. Some High School (Grade Level 9 to 11) 3.7% 2.4% 2.6%2017 Est. High School Graduate 9.2% 8.8% 10.9%2017 Est. Some College 20.1% 17.9% 19.3%2017 Est. Associate Degree Only 5.5% 6.1% 6.5%2017 Est. Bachelor Degree Only 34.1% 36.0% 34.4%2017 Est. Graduate Degree 26.3% 27.8% 24.8%
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ING 2017 Est. Total Housing Units 22,623 92,671 202,587
2017 Est. Owner-Occupied 17.2% 32.5% 47.9%2017 Est. Renter-Occupied 77.2% 63.4% 48.8%2017 Est. Vacant Housing 5.6% 4.0% 3.3%
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R 2010 Homes Built 2005 or later 0.7% 0.9% 0.6%2010 Homes Built 2000 to 2004 20.2% 13.9% 10.4%2010 Homes Built 1990 to 1999 12.4% 10.4% 9.0%2010 Homes Built 1980 to 1989 9.8% 7.2% 6.7%2010 Homes Built 1970 to 1979 10.4% 11.4% 11.7%2010 Homes Built 1960 to 1969 10.4% 10.9% 10.3%2010 Homes Built 1950 to 1959 9.3% 9.8% 11.8%2010 Homes Built Before 1949 40.5% 49.7% 48.1%
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2010 Home Value $1,000,000 or More 6.3% 3.9% 2.0%2010 Home Value $500,000 to $999,999 36.0% 39.3% 27.6%2010 Home Value $400,000 to $499,999 14.2% 19.3% 19.2%2010 Home Value $300,000 to $399,999 24.4% 22.1% 25.8%2010 Home Value $200,000 to $299,999 15.0% 14.4% 22.6%2010 Home Value $150,000 to $199,999 4.3% 3.1% 3.8%2010 Home Value $100,000 to $149,999 1.8% 1.3% 1.7%2010 Home Value $50,000 to $99,999 0.2% 0.4% 0.6%2010 Home Value $25,000 to $49,999 0.2% 0.3% 0.4%2010 Home Value Under $25,000 1.0% 0.8% 1.0%2010 Median Home Value $496,561 $488,157 $414,7702010 Median Rent $1,000 $1,004 $994
Demographic Source: Applied Geographic Solutions 04/2017, TIGER Geography page 3 of 3©2017, Sites USA, Chandler, Arizona, 480-491-1112
Thi
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was
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data
from
priv
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The
info
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FULL PROFILE2000-2010 Census, 2017 Estimates with 2022 ProjectionsCalculated using Weighted Block Centroid from Block Groups
Lat/Lon: 45.5145/-122.6831RF1
Gallery Park1 mi radius 3 mi radius 5 mi radius
1434 SW Park Ave, Portland, OR 97201
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2017 Est. Labor Population Age 16 Years or Over 33,489 149,080 362,1372017 Est. Civilian Employed 59.2% 68.6% 68.8%2017 Est. Civilian Unemployed 4.3% 2.9% 2.8%2017 Est. in Armed Forces - - - 2017 Est. not in Labor Force 36.5% 28.6% 28.4%2017 Labor Force Males 55.9% 50.9% 49.3%2017 Labor Force Females 44.1% 49.1% 50.7%
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2010 Occupation: Population Age 16 Years or Over 20,249 102,064 249,2442010 Mgmt, Business, & Financial Operations 22.7% 22.0% 20.9%2010 Professional, Related 32.8% 35.4% 34.1%2010 Service 15.3% 15.6% 15.5%2010 Sales, Office 21.8% 18.6% 19.3%2010 Farming, Fishing, Forestry 0.8% 0.5% 0.4%2010 Construction, Extraction, Maintenance 1.5% 2.3% 3.2%2010 Production, Transport, Material Moving 5.2% 5.6% 6.5%2010 White Collar Workers 77.2% 76.0% 74.3%2010 Blue Collar Workers 22.8% 24.0% 25.7%
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2010 Drive to Work Alone 45.7% 51.2% 56.1%2010 Drive to Work in Carpool 5.3% 6.4% 7.3%2010 Travel to Work by Public Transportation 15.4% 14.9% 13.4%2010 Drive to Work on Motorcycle 0.3% 0.4% 0.5%2010 Walk or Bicycle to Work 23.9% 18.0% 14.1%2010 Other Means 1.0% 0.7% 0.6%2010 Work at Home 8.5% 8.5% 8.1%
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ME 2010 Travel to Work in 14 Minutes or Less 32.2% 27.4% 23.2%
2010 Travel to Work in 15 to 29 Minutes 36.3% 44.8% 45.6%2010 Travel to Work in 30 to 59 Minutes 23.5% 27.1% 30.3%2010 Travel to Work in 60 Minutes or More 6.7% 6.0% 6.4%2010 Average Travel Time to Work 19.9 21.1 22.4
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2017 Est. Total Household Expenditure $1.19 B $5.85 B $13.1 B2017 Est. Apparel $41.6 M $206 M $459 M2017 Est. Contributions, Gifts $84.3 M $442 M $978 M2017 Est. Education, Reading $51.1 M $259 M $567 M2017 Est. Entertainment $65.7 M $328 M $736 M2017 Est. Food, Beverages, Tobacco $181 M $870 M $1.94 B2017 Est. Furnishings, Equipment $40.4 M $205 M $460 M2017 Est. Health Care, Insurance $105 M $501 M $1.11 B2017 Est. Household Operations, Shelter, Utilities $372 M $1.82 B $4.05 B2017 Est. Miscellaneous Expenses $17.8 M $85.3 M $190 M2017 Est. Personal Care $15.5 M $75.7 M $169 M2017 Est. Transportation $214 M $1.06 B $2.39 B