11.15.20171 1 . 1 5 . 2 0 1 7

2 2 2 0 0 S E S T A R K S T , G R E S H A M O R 9 7 0 3 02839 SW 2nd Avenue Portland OR, 97201

503.222.1655www.reig.com

C O M M E R C I A L D E V E L O P M E N T O P P O R T U N I T YS A L E P R I C E : $ 1 , 7 2 0 , 0 0 0L A N D A R E A : A P P R O X . 2 . 8 9 A C ( 1 2 5 , 9 9 1 S F )

Property Features:• Prime Development Site at Intersection of Stark & 223rd• Zoning: Community Commercial (See Zoning Page)• Variety of Uses: Multifamily Mixed-Use, Senior Housing, Retail/Commercial, Office

Location Features:• Near Major Signalized Intersection• Adjacent to TriMet Bus Stops at Stark & 223rd• Highly-Developed Surrounding Area & Adjacent Businesses/Housing• Nearby Highlights Include Weston Kia, Microchip Technology Inc, Plaid Pantry, Wichita Puff’s Pub, Stereo King & More• Additional Adjacent Property May Be Available - Call Broker

U N I Q U E DEVELOPMENTO P P O R T U N I T Y

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GRESHAM’ST W E LV E M I L E

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S A L E

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Michael N. Diamond503.222.1988 (office)503.516.6210 (cell)

mdiamond@reig.com

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W E S T O N K I A

E A S T S I D E M U S I C

T H E P O O L & S P A H O U S E

L U C K Y 7C O N V E N I E N C E

B A R L E Y S P R O U TB R E W P U B

E S P R E S S OD R I V E - T H R U

W I C H I T A P U F F ’ SP U B

N O L A N ’ S P O I N T SA U T O S E R V I C E

T O T A L R E N T A LE Q U I P M E N T

2 . 8 9 A C

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BROKERFOR DETAILS:

PAGE 2The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy.

C O M M E R C I A L D E V E L O P M E N T O P P O R T U N I T Y

S E S T A R K & 2 2 3 R D C O M M . L A N D2 2 2 0 0 S E S T A R K S T, G R E S H A M O R 9 7 0 3 0

E A S Y A C C E S S

E A S E M E N T ( N O T A P A R T )

2 . 8 9 A C( 1 2 5 , 9 9 1 S F )

P U F F ’ S( N O T AP A R T )

PAGE 3The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy.

C O M M E R C I A L D E V E L O P M E N T O P P O R T U N I T Y

S E S T A R K & 2 2 3 R D C O M M . L A N D2 2 2 0 0 S E S T A R K S T, G R E S H A M O R 9 7 0 3 0

2 . 8 9 A C( 1 2 5 , 9 9 1 S F )

P O S S I B L EE A S E M E N T

W I C H I T AP U F F ’ S

P U B

PAGE 4The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy.

C O M M E R C I A L D E V E L O P M E N T O P P O R T U N I T Y

S E S T A R K & 2 2 3 R D C O M M . L A N D2 2 2 0 0 S E S T A R K S T, G R E S H A M O R 9 7 0 3 0

[4.04]-4City of Gresham Development Code (10/16)

consistent with, the purposes of the Central Rockwood Plan (Appendix 39 of Volume 1) and Corridor Districts (Section 4.0400), and with applicable land use policies and implementation strategies of the Community Development Plan.

Table 4.0420: Permitted Uses in the Corridor Land Use DistrictsUSES RTC SC SC-RJ CMF CMU CC MCRESIDENTIAL1

Single-Family Detached Dwelling NP NP NP L2 NP NP NPDuplex NP P P P P NP NPSingle-Family Attached Dwellings L3 P P P P NP NPAttached Dwellings on a Single Lot L3 L4 P P P L5, 6a L5, 7a

Elderly Housing SUR3 SUR SUR SUR SUR SUR SURManufactured Dwelling Park NP NP NP NP NP NP NPResidential Facility P3 P P P P L5, 6a L5, 7a

Residential Home NP NP NP L2 NP NP NPCOMMERCIALAuto-Dependent Use L8 NP P NP L9 L6a, 6b L7a, 7b

Business and Retail Service and Trade P L10 P NP L9 L6a, 6b L7a, 7b

Clinics P L10 P NP L9 L6a, 6b L7a, 7b

Commercial Parking SUR SUR SUR SUR SUR SUR SURDaycare Facilities P L10 SUR SUR P P PLive-Work P P P NP P P P

Major Event Entertainment SUR SUR SUR NP SUR SUR SURMini-Storage Facilities NP NP NP NP NP NP NPOutdoor Commercial NP NP L11 NP L11 L6a, 6b L7a, 7b

INDUSTRIALConstruction NP NP L12 NP NP NP NPExclusive Heavy Industrial Uses NP NP NP NP NP NP NPIndustrial Office NP NP NP NP NP NP NPInformation Services NP NP NP NP NP NP NPManufacturing NP NP NP NP NP NP NPMiscellaneous Industrial NP NP NP NP NP NP NPTrade Schools NP NP NP NP NP NP NPTransportation/Distribution NP NP NP NP NP NP NPWarehousing/Storage NP NP NP NP NP NP NPWaste Management NP NP NP NP L/SUR13 L/SUR 13 L/SUR 13

Wholesale Trade NP NP NP NP NP NP NPINSTITUTIONAL USESCivic Use SUR SUR SUR SUR SUR SUR SUR

[4.04]-5City of Gresham Development Code (10/16)

USES RTC SC SC-RJ CMF CMU CC MCCommunity Services SUR SUR SUR SUR SUR SUR SURMedical SUR SUR SUR SUR SUR SUR SURParks, Open Spaces and Trails L/SUR14 L/SUR14 SUR SUR SUR SUR SURReligious Institutions P P P SUR P L6a, 6b L7a, 7b

Schools P/SUR18 P/SUR15, 18 P/SUR18 SUR18 P/SUR18 P/SUR18 P/SUR18

RENEWABLE ENERGY19

Solar Energy Systems L/SUR20 L/SUR20 L/SUR20 L/SUR20 L/SUR20 L/SUR20 L/SUR20

Wind Energy Systems L/SUR21 L/SUR21 L/SUR21 L/SUR21 L/SUR21 L/SUR21 L/SUR21

Biomass Energy Systems L22 L22 L22 L22 L22 L22 L22

Geothermal Energy Systems L/SUR23 L/SUR23 L/SUR23 L/SUR23 L/SUR23 L/SUR23 L/SUR23

Micro-Hydro Energy Systems L24 L24 L24 L24 L24 L24 L24

OTHERBasic Utilities

Minor basic utilitiesMajor basic utilities

PSUR

PSUR

PSUR

PL/SUR16

PSUR

PSUR

PSUR

Heliports17 SUR NP NP NP NP SUR NPWireless Communication Facilities SUR SUR SUR SUR SUR SUR SURTemporary, Intermittent & Interim Uses P P P P P P PMarijuana Businesses NP NP NP NP NP L25 L25

Table 4.0420 Notes1 Temporary health hardship dwellings may be permitted with a pre-existing single-family detached dwelling home.2 Permitted only along the NE Glisan and NE 162nd Avenue corridors. Detached dwellings in the CMF district shall conform with development standards of Table 4.0130 for the TLDR district.3 Within the area identified on the Appendix 9.000 map (Rockwood Town Center Mixed Use Area), all buildings on Stark shall have non-residential uses at the ground floor frontages with primary entries on Stark. In a mixed use building, residential uses are allowed above and behind the non-residential uses on Stark.Ground floor residential uses on Burnside within the area identified on the Appendix 9.000 map (Rockwood Town Center Mixed Used Area) shall have individual entries oriented to Burnside and located above grade a minimum of 4 feet and a maximum of 9 feet. Windows into living areas for ground floor residential uses shall be sited for privacy. Except for Section 7.0210(A)(4) and (5),Transit and Pedestrian Design Criteria and Standards of Section 7.0210 shall apply to all residential development with frontage on Burnside within the RTC district. All other applicable design and development criteria in this code shall apply.4 New Attached Dwellings on a Single Lot shall be developed as a mixed use project when the subject parcel fronts East Burnside and is within 500 feet of the center lines of the intersections of East Burnside and 162nd, 172nd or 197th Avenues. A development proposal may be exempted from this standard upon an affirmative finding that the street frontage has insufficient dimensions, such as in the case of flag lots or irregular shaped parcels, whereby it is physically impracticable to develop commercial or institutional uses. Housing developed for persons with special needs is exempted from the mixed use requirement. This is housing for persons with “special needs” consistent with the definition of the most recent “Consolidated Action Plan” as approved by the US. Department of Housing and Urban Development.

• P = Permitted use• L = Use is permitted, but is limited in the extent to which it may be permitted

• NP = Use not permitted• SUR = Use permitted subject to a Special Use Review

Please Consult Full Development Code athttps://greshamoregon.gov/Development-Code/

PAGE 5The information contained herein has been obtained from sources we deem reliable. We cannot, however, guarantee its accuracy.

C O M M E R C I A L D E V E L O P M E N T O P P O R T U N I T Y

S E S T A R K & 2 2 3 R D C O M M . L A N D2 2 2 0 0 S E S T A R K S T, G R E S H A M O R 9 7 0 3 0

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: 45.5188/-122.4347RF1

22200 SE Stark St1 mi radius 3 mi radius 5 mi radius

Gresham, OR 97030

POPU

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2017 Estimated Population 15,670 129,899 227,6522022 Projected Population 16,901 139,509 244,4522010 Census Population 14,719 122,963 213,8672000 Census Population 11,567 107,175 181,167Projected Annual Growth 2017 to 2022 1.6% 1.5% 1.5%Historical Annual Growth 2000 to 2017 2.1% 1.2% 1.5%

HO

USE

HO

LDS 2017 Estimated Households 6,055 46,912 81,403

2022 Projected Households 6,456 50,115 86,9982010 Census Households 5,749 45,006 77,4882000 Census Households 4,421 39,272 66,838Projected Annual Growth 2017 to 2022 1.3% 1.4% 1.4%Historical Annual Growth 2000 to 2017 2.2% 1.1% 1.3%

AGE

2017 Est. Population Under 10 Years 13.0% 13.7% 13.5%2017 Est. Population 10 to 19 Years 12.4% 13.5% 13.4%2017 Est. Population 20 to 29 Years 13.9% 12.9% 12.3%2017 Est. Population 30 to 44 Years 21.7% 21.7% 21.5%2017 Est. Population 45 to 59 Years 18.3% 19.3% 19.6%2017 Est. Population 60 to 74 Years 15.0% 13.9% 14.2%2017 Est. Population 75 Years or Over 5.7% 5.0% 5.5%2017 Est. Median Age 36.5 36.0 36.9

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2017 Est. Male Population 47.9% 49.1% 49.1%2017 Est. Female Population 52.1% 50.9% 50.9%

2017 Est. Never Married 35.7% 35.0% 33.6%2017 Est. Now Married 40.5% 41.7% 43.3%2017 Est. Separated or Divorced 17.7% 17.9% 17.5%2017 Est. Widowed 6.1% 5.3% 5.6%

INC

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2017 Est. HH Income $200,000 or More 1.9% 2.4% 3.1%2017 Est. HH Income $150,000 to $199,999 3.3% 4.0% 4.3%2017 Est. HH Income $100,000 to $149,999 14.1% 12.7% 13.8%2017 Est. HH Income $75,000 to $99,999 11.9% 12.3% 12.8%2017 Est. HH Income $50,000 to $74,999 19.0% 19.7% 19.2%2017 Est. HH Income $35,000 to $49,999 16.4% 14.2% 13.9%2017 Est. HH Income $25,000 to $34,999 13.4% 11.7% 10.7%2017 Est. HH Income $15,000 to $24,999 9.6% 11.5% 10.6%2017 Est. HH Income Under $15,000 10.4% 11.5% 11.5%2017 Est. Average Household Income $63,643 $62,204 $65,7272017 Est. Median Household Income $51,709 $52,536 $56,1052017 Est. Per Capita Income $24,699 $22,606 $23,666

2017 Est. Total Businesses 667 4,225 6,3352017 Est. Total Employees 6,925 45,422 63,848

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: 45.5188/-122.4347RF1

22200 SE Stark St1 mi radius 3 mi radius 5 mi radius

Gresham, OR 97030

POPU

LATI

ON

2017 Estimated Population 15,670 129,899 227,6522022 Projected Population 16,901 139,509 244,4522010 Census Population 14,719 122,963 213,8672000 Census Population 11,567 107,175 181,167Projected Annual Growth 2017 to 2022 1.6% 1.5% 1.5%Historical Annual Growth 2000 to 2017 2.1% 1.2% 1.5%

HO

USE

HO

LDS 2017 Estimated Households 6,055 46,912 81,403

2022 Projected Households 6,456 50,115 86,9982010 Census Households 5,749 45,006 77,4882000 Census Households 4,421 39,272 66,838Projected Annual Growth 2017 to 2022 1.3% 1.4% 1.4%Historical Annual Growth 2000 to 2017 2.2% 1.1% 1.3%

AGE

2017 Est. Population Under 10 Years 13.0% 13.7% 13.5%2017 Est. Population 10 to 19 Years 12.4% 13.5% 13.4%2017 Est. Population 20 to 29 Years 13.9% 12.9% 12.3%2017 Est. Population 30 to 44 Years 21.7% 21.7% 21.5%2017 Est. Population 45 to 59 Years 18.3% 19.3% 19.6%2017 Est. Population 60 to 74 Years 15.0% 13.9% 14.2%2017 Est. Population 75 Years or Over 5.7% 5.0% 5.5%2017 Est. Median Age 36.5 36.0 36.9

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2017 Est. Male Population 47.9% 49.1% 49.1%2017 Est. Female Population 52.1% 50.9% 50.9%

2017 Est. Never Married 35.7% 35.0% 33.6%2017 Est. Now Married 40.5% 41.7% 43.3%2017 Est. Separated or Divorced 17.7% 17.9% 17.5%2017 Est. Widowed 6.1% 5.3% 5.6%

INC

OM

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2017 Est. HH Income $200,000 or More 1.9% 2.4% 3.1%2017 Est. HH Income $150,000 to $199,999 3.3% 4.0% 4.3%2017 Est. HH Income $100,000 to $149,999 14.1% 12.7% 13.8%2017 Est. HH Income $75,000 to $99,999 11.9% 12.3% 12.8%2017 Est. HH Income $50,000 to $74,999 19.0% 19.7% 19.2%2017 Est. HH Income $35,000 to $49,999 16.4% 14.2% 13.9%2017 Est. HH Income $25,000 to $34,999 13.4% 11.7% 10.7%2017 Est. HH Income $15,000 to $24,999 9.6% 11.5% 10.6%2017 Est. HH Income Under $15,000 10.4% 11.5% 11.5%2017 Est. Average Household Income $63,643 $62,204 $65,7272017 Est. Median Household Income $51,709 $52,536 $56,1052017 Est. Per Capita Income $24,699 $22,606 $23,666

2017 Est. Total Businesses 667 4,225 6,3352017 Est. Total Employees 6,925 45,422 63,848

Demographic Information, Traffic Counts, and Merchant Locations are Provided by REGIS Online at SitesUSA.com *

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