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kiddermathews.com Auto Service Retail Center OFFERING MEMORANDUM 8800 Old Tualatin-Sherwood Road, Tualatin, OR Mohave Service Center Rebecca Liddell, CCIM 503.221.2279 [email protected] Ryan O’Leary 503.221.2294 [email protected] Corine Nussmeier 503.721.2724 [email protected] INVESTMENT SPECIALISTS LEASING SPECIALIST FOR SALE OR LEASE 8800 SW OLD TUALATIN-SHERWOOD RD MOHAVE SERVICE CENTER

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Page 1: OFFERING Auto Service Retail Center MEMORANDUM€¦ · kiddermathews.com. OFFERING . Auto Service Retail Center. MEMORANDUM. Mohave Service Center. 8800 Old Tualatin-Sherwood Road,

kiddermathews.com

Auto Service Retail CenterOFFERING MEMORANDUM

8800 Old Tualatin-Sherwood Road, Tualatin, ORMohave Service Center

Rebecca Liddell, CCIM503.221.2279 [email protected]

Ryan O’Leary503.221.2294 [email protected]

Corine Nussmeier503.721.2724 [email protected]

INVESTMENT SPECIALISTS LEASING SPECIALIST

FOR SALE OR LEASE

8800 SW OLD TUALATIN-SHERWOOD RD

MOHAVE SERVICE

CENTER

Page 2: OFFERING Auto Service Retail Center MEMORANDUM€¦ · kiddermathews.com. OFFERING . Auto Service Retail Center. MEMORANDUM. Mohave Service Center. 8800 Old Tualatin-Sherwood Road,

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.

kiddermathews.com

8800 Old Tualatin-Sherwood Road, Tualatin, ORMohave Service Center

Rebecca Liddell, CCIM503.221.2279 [email protected]

Ryan O’Leary503.221.2294 [email protected]

Corine Nussmeier503.721.2724 [email protected]

INVESTMENT SPECIALISTS LEASING SPECIALIST

Investment Summary

Ideal partial owner-user opportunity with income

Excellent visibility and monument signage on heavily trafficked commercial corridor

Available vacancies currently listed for $16/SF/YR NNN

NNN charges approximately $4.27/SF/YR

Masonry construction – 10 bays

Zoning: ML – Light Manufacturing

23% office build-out

Offering Price $1,650,000

Price per SF $184

Building SF 8,967

Vacant SF 3,525

Occupancy 61%

Land SF 24,394

Year Built 2000

FEATURES

SW Old Tualatin-Sherwood Rd

SW

89th Ave

SW Tualatin-Sherwood Rd

SW

Mohave C

t

SIGN

VacantUnit #8800

2,025 SF Available

VacantUnit #8760

1,500 SF Available

Exhaust Specialties and Brakes

2,442 SF

Gallagher Auto Spa

3,000 SF

Paragon Automotive Repair

Northwest Spray & Compressor

Tualatin AutoRepair

Page 3: OFFERING Auto Service Retail Center MEMORANDUM€¦ · kiddermathews.com. OFFERING . Auto Service Retail Center. MEMORANDUM. Mohave Service Center. 8800 Old Tualatin-Sherwood Road,

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.

kiddermathews.com

8800 Old Tualatin-Sherwood Road, Tualatin, ORMohave Service Center

Rebecca Liddell, CCIM503.221.2279 [email protected]

Ryan O’Leary503.221.2294 [email protected]

Corine Nussmeier503.721.2724 [email protected]

INVESTMENT SPECIALISTS LEASING SPECIALIST

VacantUnit #8800

2,025 SF Available

Exhaust Specialties and Brakes

2,442 SF

Gallagher Auto Spa

3,000 SF

VacantUnit #8760

1,500 SF Available

RENT ROLL

Tenant SF $/SF Monthly Rent Escalations Lease Structure Start Date Expires Options

Gallagher Auto Spa 3,000 $16.00 $4,000.00 Flat NNN* 11/1/2016 11/30/2019 1, 3-year 10% increase

Master Muffler 2,442 $17.69 $3,600.00 Flat NNN 9/1/1988 MTM None

Available 1,500 – – – – – –

Available 2,025 – – – – – –

Total/Weighted Average 8,967 $16.76 $7,600.00

BUILDING PLAN

*NNN charges include property management and capital improvements such as roof.

Page 4: OFFERING Auto Service Retail Center MEMORANDUM€¦ · kiddermathews.com. OFFERING . Auto Service Retail Center. MEMORANDUM. Mohave Service Center. 8800 Old Tualatin-Sherwood Road,

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.

kiddermathews.com

8800 Old Tualatin-Sherwood Road, Tualatin, ORMohave Service Center

Rebecca Liddell, CCIM503.221.2279 [email protected]

Ryan O’Leary503.221.2294 [email protected]

Corine Nussmeier503.721.2724 [email protected]

INVESTMENT SPECIALISTS LEASING SPECIALIST

HIGHLIGHTS

Ideal for partial owner-user to take advantage of historically high demand and high-occupancy auto center

94 feet of frontage on Old Tualatin Sherwood Road with 1 curb cut and pylon signage with excellent visibility from main arterial

Signalized intersection provides ease of access

Situated in downtown Tualatin, near Tualatin Commons and busy retail centers with great demographics, and less than 2 blocks from Tualatin WES station

Old Tualatin-Sherwood Road averages 30,000+ VPD

Within one mile of Interstate 5

Zoning (ML – Light Manufacturing) allows for a wide variety of light industrial uses and some accessory retail uses

SW Tualatin-Sherwood Rd

SW

89t

h A

ve

SW Old Tualatin-Sherwood Rd

PROPERTY

Page 5: OFFERING Auto Service Retail Center MEMORANDUM€¦ · kiddermathews.com. OFFERING . Auto Service Retail Center. MEMORANDUM. Mohave Service Center. 8800 Old Tualatin-Sherwood Road,

This information supplied herein is from sources we deem reliable. It is provided without any representation, warranty or guarantee, expressed or implied as to its accuracy. Prospective Buyer or Tenant should conduct an independent investigation and verification of all matters deemed to be material, including, but not limited to, statements of income and expenses. Consult your attorney, accountant, or other professional advisor.

kiddermathews.com

8800 Old Tualatin-Sherwood Road, Tualatin, ORMohave Service Center

Rebecca Liddell, CCIM503.221.2279 [email protected]

Ryan O’Leary503.221.2294 [email protected]

Corine Nussmeier503.721.2724 [email protected]

INVESTMENT SPECIALISTS LEASING SPECIALIST

Aerial Map

DEMOGRAPHICS

1 mile 3 miles 5 miles

Population 2017 13,129 73,204 187,603

Population 2022 13,753 77,968 199,586

Median Age 33.2 40.5 39.4

Median Household Income $53,773 $70,438 $77,236 SW

Boo

nes

Ferr

y R

d

SW Tualatin-Sherwood Rd

NYBERG WOODS

NYBERG RIVERS

DEMOGRAPHICS

1 mile 3 miles 5 miles

Population 2017 13,129 73,204 187,603

Population 2022 13,752 77,968 199,586

Median Age 33.2 40.5 39.4

Median Household Income $53,773 $70,438 $77,236

SW Nyberg St

PROPERTY

143,

774

DA

ILY

20,899 DAILY

38,268 DAILY

PORTLAND 12.9 MILES

SALEM 35.5 MILES