DICK’S SPORTING GOODS...DICK’S SPORTING GOODSFOR SALE » NNN INVESTMENT The information herein...

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C RA FOR SALE » NNN INVESTMENT DICK’S SPORTING GOODS 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 Base Rent: $700,613 (Base rental increase 2/1/20 to $742,648) Income 700 NW Eastman Pkwy, Gresham, OR; 22 min from downtown Portland Dick’s is a privately owned leasehold located within Gresham Town Fair, a KIMCO property. Location alex maclean [email protected] 503.274.0211 price $9,370,000 cap rate 6.5% total rental income $700,613 less ground lease $91,500 (50 years, which commenced in 1986, followed by 5 fixed ten-year options) net operating income $609,113 robert niehaus [email protected] tom tetherow [email protected] 503.295.3791 GRESHAM, OR | PORTLAND MSA Dick’s is a 56,049 SF building on a 4.28 acre ground lease property description NYSE — DKS major area retailers Old Navy, Craft Warehouse, Bed Bath & Beyond, Panera Bread, Ulta, JoAnn Fabrics, Ross, Petsmart, Famous Footwear, Starbucks, Red Robin, Best Buy, LOFT & Subway 235 spaces parking expenses All paid by Tenant

Transcript of DICK’S SPORTING GOODS...DICK’S SPORTING GOODSFOR SALE » NNN INVESTMENT The information herein...

Page 1: DICK’S SPORTING GOODS...DICK’S SPORTING GOODSFOR SALE » NNN INVESTMENT The information herein has been obtained from sources we deem reliable. We do not, however, guarantee its

CRA

F O R S A L E » N N N I N V E S T M E N T

DICK’S SPORTING GOODS

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

Base Rent: $700,613(Base rental increase 2/1/20 to $742,648)

Income

700 NW Eastman Pkwy, Gresham, OR; 22 min from downtown PortlandDick’s is a privately owned leasehold located within Gresham Town Fair, a KIMCO property.

Location

alex [email protected]

price $9,370,000

cap rate 6.5%

total rental income $700,613

less ground lease $91,500 (50 years, which commenced in 1986, followed by 5 fixed ten-year options)

net operating income $609,113

robert [email protected] [email protected]

G R E S H A M , O R | P O R T L A N D M S A

Dick’s is a 56,049 SF building on a 4.28 acre ground leaseproperty description

N Y S E — D K S

major area retailers Old Navy, Craft Warehouse, Bed Bath & Beyond, Panera Bread, Ulta, JoAnn Fabrics, Ross, Petsmart, Famous Footwear, Starbucks, Red Robin, Best Buy, LOFT & Subway

235 spaces parking

expenses All paid by Tenant

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GRESHAM, OREGON CLOSE-IN

CRA

GRESHAM STATION

GRESHAM HIGH SCHOOL 1,792 STUDENTS

GRESHAM TOWN FAIR

POSTOFFICE

GRESHAM CITY HALL

GRESHAM POLICE DEPT

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GRESHAM TOWN FAIR

CRAn

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Site Information GLA: 264,765 SFAcres: 25.56Parking Spaces: 1,266Parking Ratio: 4.78 Per 1000 SF Web Link: www.kimcorealty.com/1518

Demographics

2013 Estimates 1 Mile 3 Miles 5 MilesTotal Population 16,779 123,636 218,015Total Households 6,756 45,055 78,543Avg. HH Income $53,699 $57,445 $58,901Med. HH Income $46,346 $50,892 $51,510Per Capita Income $21,797 $21,065 $21,371

*Sites USA, Updates of 2010 Census data by AGS

Leasing Representative Kim Maguire13635 Northwest Cornell Road Suite 160Portland, OR 97229 (503) [email protected]

Disclaimer: The site plan shows the approximate location, square footage, and configuration of the shopping center and adjacent areas, and is only illustrative of the size and relationship of the stores and common areas generally, all of which are subject to change. The showing of any names of tenants, parking spaces, square footage, curb-cuts or traffic controls shall not be deemed to be a representation or warranty that any tenants will be at the shopping center, the square footage is accurate, or that any parking spaces, curb-cuts or traffic controls do or will continue to exist. Moreover, any demographics set forth in this flyer are for illustrative purposes only and shall not be deemed a representation by Landlord of their accuracy.

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CRA

GRESHAM, OREGON

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Demographic Source: Applied Geographic Solutions 04/2015, TIGER Geography page 1 of 3©2015, Sites USA, Chandler, Arizona, 480-491-1112

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FULL PROFILE2000-2010 Census, 2015 Estimates with 2020 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 45.5045/-122.4356RF1

NW Eastman Pkwy & NW Division St1 Mile 3 Miles 5 Miles

Gresham, OR

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2015 Estimated Population 18,613 133,427 223,3272020 Projected Population 19,432 139,502 233,5332010 Census Population 17,623 128,327 214,9492000 Census Population 14,532 110,495 181,050Projected Annual Growth 2015 to 2020 0.9% 0.9% 0.9%Historical Annual Growth 2000 to 2015 1.9% 1.4% 1.6%

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2015 Estimated Households 7,622 48,748 80,6812020 Projected Households 7,892 50,688 84,0002010 Census Households 7,184 46,778 77,4842000 Census Households 5,604 40,357 66,523Projected Annual Growth 2015 to 2020 0.7% 0.8% 0.8%Historical Annual Growth 2000 to 2015 2.4% 1.4% 1.4%

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2015 Est. Population Under 10 Years 13.2% 14.4% 14.3%2015 Est. Population 10 to 19 Years 12.4% 14.0% 13.9%2015 Est. Population 20 to 29 Years 14.2% 13.1% 12.6%2015 Est. Population 30 to 44 Years 21.0% 21.4% 21.3%2015 Est. Population 45 to 59 Years 19.3% 19.2% 19.5%2015 Est. Population 60 to 74 Years 13.9% 13.0% 13.2%2015 Est. Population 75 Years or Over 6.0% 4.9% 5.3%2015 Est. Median Age 36.5 35.2 35.9

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2015 Est. Male Population 47.7% 49.0% 49.1%2015 Est. Female Population 52.3% 51.0% 50.9%

2015 Est. Never Married 32.1% 31.5% 31.5%2015 Est. Now Married 40.8% 43.9% 44.5%2015 Est. Separated or Divorced 21.1% 19.6% 18.7%2015 Est. Widowed 6.0% 5.0% 5.3%

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2015 Est. HH Income $200,000 or More 0.8% 1.2% 1.6%2015 Est. HH Income $150,000 to $199,999 2.5% 3.0% 2.9%2015 Est. HH Income $100,000 to $149,999 11.2% 11.8% 12.1%2015 Est. HH Income $75,000 to $99,999 9.5% 11.5% 11.9%2015 Est. HH Income $50,000 to $74,999 21.2% 20.3% 19.7%2015 Est. HH Income $35,000 to $49,999 13.9% 14.7% 15.1%2015 Est. HH Income $25,000 to $34,999 12.8% 11.8% 11.1%2015 Est. HH Income $15,000 to $24,999 13.3% 12.2% 11.7%2015 Est. HH Income Under $15,000 14.8% 13.5% 14.0%2015 Est. Average Household Income $54,741 $58,508 $60,2772015 Est. Median Household Income $45,471 $49,450 $49,9982015 Est. Per Capita Income $22,560 $21,498 $21,925

2015 Est. Total Businesses 1,081 3,940 5,9802015 Est. Total Employees 9,929 40,624 59,865

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Demographic Source: Applied Geographic Solutions 04/2015, TIGER Geography page 2 of 3©2015, Sites USA, Chandler, Arizona, 480-491-1112

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FULL PROFILE2000-2010 Census, 2015 Estimates with 2020 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 45.5045/-122.4356RF1

NW Eastman Pkwy & NW Division St1 Mile 3 Miles 5 Miles

Gresham, OR

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2015 Est. White 78.6% 75.4% 72.9%2015 Est. Black 2.8% 3.4% 4.6%2015 Est. Asian or Pacific Islander 4.2% 5.4% 7.8%2015 Est. American Indian or Alaska Native 1.2% 1.2% 1.1%2015 Est. Other Races 13.1% 14.7% 13.7%

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2015 Est. Hispanic Population 3,330 25,590 38,4692015 Est. Hispanic Population 17.9% 19.2% 17.2%2020 Proj. Hispanic Population 19.9% 21.1% 19.0%2010 Hispanic Population 17.3% 18.8% 16.8%

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2015 Est. Adult Population (25 Years or Over) 15,137 104,952 178,7342015 Est. Elementary (Grade Level 0 to 8) 9.4% 10.6% 11.6%2015 Est. Some High School (Grade Level 9 to 11) 14.0% 14.6% 14.5%2015 Est. High School Graduate 21.0% 23.5% 22.9%2015 Est. Some College 24.4% 23.6% 22.7%2015 Est. Associate Degree Only 6.7% 7.1% 7.1%2015 Est. Bachelor Degree Only 13.8% 11.5% 11.5%2015 Est. Graduate Degree 10.7% 9.1% 9.7%

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ING 2015 Est. Total Housing Units 7,804 50,101 83,004

2015 Est. Owner-Occupied 43.0% 51.9% 54.8%2015 Est. Renter-Occupied 54.7% 45.4% 42.4%2015 Est. Vacant Housing 2.3% 2.7% 2.8%

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2010 Home Value $1,000,000 or More 0.2% 0.5% 0.6%2010 Home Value $500,000 to $999,999 1.7% 2.7% 3.5%2010 Home Value $400,000 to $499,999 2.5% 3.2% 4.2%2010 Home Value $300,000 to $399,999 15.6% 14.5% 15.0%2010 Home Value $200,000 to $299,999 49.4% 46.3% 45.2%2010 Home Value $150,000 to $199,999 22.4% 16.8% 17.0%2010 Home Value $100,000 to $149,999 3.8% 5.3% 5.4%2010 Home Value $50,000 to $99,999 1.6% 2.2% 2.3%2010 Home Value $25,000 to $49,999 1.1% 2.2% 1.9%2010 Home Value Under $25,000 1.6% 6.3% 4.8%2010 Median Home Value $233,909 $228,055 $237,6002010 Median Rent $725 $732 $724

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Demographic Source: Applied Geographic Solutions 04/2015, TIGER Geography page 3 of 3©2015, Sites USA, Chandler, Arizona, 480-491-1112

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FULL PROFILE2000-2010 Census, 2015 Estimates with 2020 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 45.5045/-122.4356RF1

NW Eastman Pkwy & NW Division St1 Mile 3 Miles 5 Miles

Gresham, OR

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2015 Est. Labor Population Age 16 Years or Over 14,785 102,782 172,5272015 Est. Civilian Employed 60.4% 60.1% 58.9%2015 Est. Civilian Unemployed 5.3% 4.8% 4.8%2015 Est. in Armed Forces 0.1% - - 2015 Est. not in Labor Force 34.2% 35.0% 36.3%2015 Labor Force Males 46.8% 48.2% 48.3%2015 Labor Force Females 53.2% 51.8% 51.7%

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2010 Occupation: Population Age 16 Years or Over 7,961 56,557 93,0782010 Mgmt, Business, & Financial Operations 13.2% 12.0% 12.6%2010 Professional, Related 16.0% 15.4% 16.0%2010 Service 19.8% 20.6% 20.5%2010 Sales, Office 28.1% 27.4% 26.7%2010 Farming, Fishing, Forestry 2.0% 1.9% 1.7%2010 Construction, Extraction, Maintenance 6.5% 8.4% 8.3%2010 Production, Transport, Material Moving 14.3% 14.3% 14.3%2010 White Collar Workers 57.3% 54.8% 55.3%2010 Blue Collar Workers 42.7% 45.2% 44.7%

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2010 Drive to Work Alone 73.1% 73.4% 73.0%2010 Drive to Work in Carpool 8.7% 11.2% 11.0%2010 Travel to Work by Public Transportation 6.2% 7.4% 7.1%2010 Drive to Work on Motorcycle 0.5% 0.3% 0.3%2010 Walk or Bicycle to Work 5.4% 3.0% 3.0%2010 Other Means 0.8% 0.5% 0.6%2010 Work at Home 5.4% 4.2% 5.1%

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2010 Travel to Work in 15 to 29 Minutes 36.2% 33.4% 36.1%2010 Travel to Work in 30 to 59 Minutes 31.4% 34.2% 33.4%2010 Travel to Work in 60 Minutes or More 5.8% 7.3% 7.0%2010 Average Travel Time to Work 23.0 24.2 24.1

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2015 Est. Total Household Expenditure $353 M $2.36 B $3.99 B2015 Est. Apparel $12.2 M $82.3 M $139 M2015 Est. Contributions, Gifts $21.7 M $147 M $249 M2015 Est. Education, Reading $12.6 M $85.3 M $145 M2015 Est. Entertainment $19.5 M $131 M $222 M2015 Est. Food, Beverages, Tobacco $55.6 M $371 M $626 M2015 Est. Furnishings, Equipment $11.6 M $78.8 M $133 M2015 Est. Health Care, Insurance $32.0 M $211 M $357 M2015 Est. Household Operations, Shelter, Utilities $110 M $733 M $1.24 B2015 Est. Miscellaneous Expenses $5.37 M $35.5 M $59.9 M2015 Est. Personal Care $4.61 M $30.8 M $52.1 M2015 Est. Transportation $68.0 M $456 M $770 M