Retail Leasing Opportunity G IDG...14900-15000 SW Barrows Rd., Beaverton OR AT REAL ESTATE...

09.26.2018

Retail Leasing Opportunity

SHOPPES PROGRESS RIDGE14900-15000 SW Barrows Rd., Beaverton OR

AT

REAL ESTATE INVESTMENT GROUP

Licensed in the State of Oregon

Nicholas G. Diamond503.222.2655

[email protected]

Nikki M. Diamond503.946.1959

[email protected]

Michelle D. Rozakis503.222.1195

[email protected]

REAL ESTATE INVESTMENT GROUP

2839 SW 2nd Avenue Portland OR, 97201

503.222.1655 (ph) 503.274.6510 (fax)

www.reig.com

RETAIL SPACE AT THE SHOPPES AT PROGRESS RIDGE

BUILDING A:

BUILDING B: 1,250 SF @ $35 psf + NNN

Current Tenants: AT&T, Domino’s Pizza, Grey Ghost Studio, Orthodontic Clinic, Tone Fitness, Mo Cha Tea House, Natural Family Health Clinic, Ascend Realty, PayneWest Insurance, Land Home Financial, Caring Smiles Dental, Progress Nails and Spa, Begin Labs Inc, Restore Hyper Wellness & Cryotherapy

Property Features:• 2 Brand New Buildings• Ground Level Storefronts and Second Level Office Suites• Progress Ridge Townsquare Exclusives Not Applicable

Location Features:• Part of 350,000 SF Neighborhood Shopping Center Progress Ridge• Neighboring Retailers Include Big Al’s, New Season’s Market, Cinetopia Cinema, Ace Hardware, and Umpqua Bank• Located between Bull Mountain and Murray Hill Neighborhoods• Proximity to Rt. 210 SW Scholls Ferry Road and Public Transportation

FeaturedNeighboringRetail:

1 SPACE REMAINING

View Site Location

LEASED!PREVIOUSLY HAIR SALON

https://www.google.com/maps/place/14900+SW+Barrows+Rd,+Beaverton,+OR+97007,+EE.+UU./@45.4297802,-122.8306948,17.25z/data=!4m5!3m4!1s0x54950d7bbde3ec8b:0x2bccf3b26c5c63d5!8m2!3d45.4297521!4d-122.8288578?hl=en



AT

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

THE SHOPPES AT PROGRESS RIDGE IS NOW OPEN, PROVIDING A NEW OPPORTUNITY FOR RETAIL AND OFFICE USERS SEEKING SPACE IN THE PROGRESS RIDGE NEIGHBORHOOD.

The Shoppes are part of the greater 350,000 SF neighborhood shopping center featuring New Seasons Market, Cinetopia Cinema, and Big Al’s. This exciting and unique opportunity provides a chance for retailers, restaurants, medical, and office users to open on SW Barrows Road next to Big Al’s and across from the beautiful Progress Ridge TownSquare.

MASTER SITE DATA

Site Area 255,422 sf (5.86 AC)

Building Area (gross): Big Al’s 65,759 sf Retail 19,851 sf Office 22,299 sf Total 107,909 sf

Floor Area Ratio 42% (Min. 35% required)

Landscaped Area

Required 10.0% Proposed 12.6%

Parking (required)

Big Al’s 4.3 Spaces per 1,000 sf GFA (4.3 x 65.7 = 283)

Retail 3.0 Spaces per 1,000 sf GFA (3.0 x 19.8 = 60)

Office* 2.7 Spaces per 1,000 sf GFA (2.7 x 22.3 = 60)

Parking (provided) 348 spaces

*Office parking to offset by proposed shared use with Big Al’s and retail on site

PROJECT SUMMARY:

Building A gross area rentable area1 useable area2

Ground Floor 9,284 sf 8,616 sf 7,663 sf Second Floor 10,237 sf 9,352 sf 7,396 sf Total 19,521 sf 17,968 sf 15,059 sf

Building B gross area rentable area1 useable area2


1 calculated as: gross area - vertical penetrations2 calculated as: rentable area - building common area

THE SHOPPES AT PROGRESS RIDGEKH Progress Ridge LLCBeaverton, Oregon

01.02.2014

19

10

17

9

25

42

16

16

30

22

41

42

20

13

4

C C C C C C CCCCCCCCCCC3

10 9

C C C C C C C CC C C C C C C C C CC C C C C C C C C C CCCCCCCC

CC

CC

C

CCC

MASTER SITE PLAN0 300’ 600’ 1200’

A A

BIG AL’S

B B

PROGRESS RIDGETOWNSQUARE

THE SHOPPESBUILDING A

THE SHOPPESBUILDING B

SITE AERIAL & RETAIL

BUILDING A15000 SW BARROWS RD

BUILDING B14900 SW BARROWS RD



AT


BUILDING A

19

10

17

9

25

42

16

16

30

22

41

42

20

13

4


10 9


CC

CC

C

CCC

A A

BIG AL’S

B BBuilding A gross area rentable area1 useable area2

Ground Floor - OPTION A 9,249 sf 8,414 sf 7,762 sf


UP

MECH

UP

UP

SUITE 1041,520 SF

SUITE 1011,266 SF

SUITE 1021000 SF

SUITE 1051,672 SF

SUITE 1061,454 SF

SUITE 103831 SF

LOBBY

COVEREDBREEZEWAY17'-0 1/2" 18'-10" 16'-1"

13'-0 1/2" 7'-8 1/2" 9'-4" 7'-0"

37'-1"

46'-9

"

32'-7

"

46'-9

"

48'-5

"

32'-8" 27'-2"

28'-8" 4'-0" 27'-2 5/16" 5'-7"

48'-6

"

SES

RISER

13'-5"

SW M

ELN

OR

LN

.

SW BARROWS RD.

0 8’ 10’ 20’


05.01.2014

5,517 sf (gross)

4,633 sf (useable retail area)

3,732 sf (gross)

3,129 sf (useable retail area)

GROUND FLOOR PLAN - BUILDING AOPTION A

MASTER SITE DATA




Landscaped Area


Parking (required)






PROJECT SUMMARY:







01.02.2014

19

10

17

9

25

42

16

16

30

22

41

42

20

13

4


10 9


CC

CC

C

CCC


A A

BIG AL’S

B B

DN

DN

DN

STAIR #1

SUITE 2012,256 SF USEABLE


SUITE 204

66'-4" 85'-8"

24'-8

"24

'-1 1

/2"

100'-5"

23'-6

1/2

"27

'-0"

1,653 SF RENTABLE1,699 SF

1,954 SF RENTABLE

SUITE 2031,585 SF

1,823 SF RENTABLE

20'-2

3/4

" 16'-2

"

2,594 SF RENTABLE 52'-10 1/2"

GROUND FLOOR

SECOND FLOOR

CARING SMILES DENTAL

BEGIN LABSINC.

100% LEASED!



AT


GROUND FLOOR

SECOND FLOOR

19

10

17

9

25

42

16

16

30

22

41

42

20

13

4


10 9


CC

CC

C

CCC

A A

BIG AL’S

B BBuilding B gross area rentable area1 useable area2

Second Floor - OPTION C 12,062 sf 10,709 sf 9,104 sf


DN

DN

DN

STAIR #1





LOBBY

34'-2

"

128'-4"

97'-5"

60'-6"

24'-4

"

16'-3

"

18'-7

"

24'-2

"

2,030 SF RENTABLE

3,848 SF RENTABLE

2,172 SF RENTABLE

1,648 SF RENTABLE

29'-5

"

0 8’ 10’ 20’

THE SHOPPES AT PROGRESS RIDGE

KEY PLAN

KH Progress Ridge LLCBeaverton, Oregon07.16.2015

SECOND FLOOR PLAN - BUILDING BCURRENT

19

10

17

9

25

42

16

16

30

22

41

42

20

13

4


10 9


CC

CC

C

CCC

A A

BIG AL’S

B B

SW BARROWS RD.

SW H

OR

IZO

N B

LVD

.

UP

UP

UP

UP

UP

UP

SUITE 1011,372 SF

SUITE 1021,400 SF

SUITE 1032,071 SF

SUITE 1041,272 SF

SUITE 1051,278 SF

LOBBY

COVEREDBREEZEWAY

SES

RISER

48'-6

"11

'-7"

27'-1 1/2"

33'-4"

11'-0

"37

'-6"

14'-6" 36'-1" 2'-11"

50'-2

"

3'-1 1/2" 46'-9

"

28'-1

0 1/

2"

17'-0 1/2" 11'-2"

30'-7 1/2" 25'-0 3/4" 46'-9

"

23'-9" 19'-5"

26'-1

1/2

"

SUITE 1061,663 SF

12'-6" 12'-6 3/4"

0 8’ 10’ 20’

THE SHOPPES AT PROGRESS RIDGE

KEY PLAN

KH Progress Ridge LLCBeaverton, Oregon10.28.2014

GROUND FLOOR PLAN - BUILDING BOPTION A3

5,429 sf (gross)

4,829 sf (net useable retail area)

5,138 sf (gross)

4,226 sf (net useable retail area)


Ground Floor - OPTION A3 10,567 sf 9,686 sf 9,055 sf


BUILDING B

MASTER SITE DATA




Landscaped Area


Parking (required)






PROJECT SUMMARY:







01.02.2014

19

10

17

9

25

42

16

16

30

22

41

42

20

13

4


10 9


CC

CC

C

CCC


A A

BIG AL’S

B B

PROGRESS NAILS AND SPA

ORTHODONTICCLINIC

PREVIOUSSALON SPACE

SUITE 1041,250 SF

AVAILABLE SPACE

WIN

E BA

R



AT


Demographic Source: Applied Geographic Solutions 04/2018, TIGER Geography page 1 of 3©2018, Sites USA, Chandler, Arizona, 480-491-1112

This

repo

rt w

as p

rodu

ced

usin

g da

ta fr

om p

rivat

e an

d go

vern

men

t sou

rces

dee

med

to b

e re

liabl

e. T

he in

form

atio

n he

rein

is p

rovi

ded

with

out r

epre

sent

atio

n or

war

rant

y.

FULL PROFILE2000-2010 Census, 2018 Estimates with 2023 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 45.4298/-122.8287RF1

14900 SW Barrows Rd1 mi radius 3 mi radius 5 mi radius

Beaverton, OR 97007

POPU

LATI

ON

2018 Estimated Population 23,165 109,380 252,5892023 Projected Population 25,178 118,751 273,9432010 Census Population 21,509 101,313 232,6152000 Census Population 17,123 86,926 204,904Projected Annual Growth 2018 to 2023 1.7% 1.7% 1.7%Historical Annual Growth 2000 to 2018 2.0% 1.4% 1.3%

HO

USE

HO

LDS 2018 Estimated Households 9,135 43,194 99,294

2023 Projected Households 9,794 46,284 106,3642010 Census Households 8,593 40,455 92,4382000 Census Households 6,566 34,273 81,050Projected Annual Growth 2018 to 2023 1.4% 1.4% 1.4%Historical Annual Growth 2000 to 2018 2.2% 1.4% 1.3%

AGE

2018 Est. Population Under 10 Years 12.0% 11.6% 12.0%2018 Est. Population 10 to 19 Years 13.6% 12.5% 12.1%2018 Est. Population 20 to 29 Years 13.9% 11.7% 13.3%2018 Est. Population 30 to 44 Years 23.6% 21.1% 21.7%2018 Est. Population 45 to 59 Years 21.7% 21.5% 20.5%2018 Est. Population 60 to 74 Years 11.7% 15.2% 14.6%2018 Est. Population 75 Years or Over 3.4% 6.4% 5.9%2018 Est. Median Age 36.2 39.8 38.3

MAR

ITAL

STA

TUS

& G

END

ER

2018 Est. Male Population 48.8% 48.3% 48.9%2018 Est. Female Population 51.2% 51.7% 51.1%

2018 Est. Never Married 31.6% 27.2% 29.7%2018 Est. Now Married 52.0% 52.1% 49.1%2018 Est. Separated or Divorced 13.0% 15.5% 16.3%2018 Est. Widowed 3.3% 5.2% 5.0%

INC

OM

E

2018 Est. HH Income $200,000 or More 10.9% 10.2% 9.3%2018 Est. HH Income $150,000 to $199,999 12.6% 11.9% 9.5%2018 Est. HH Income $100,000 to $149,999 21.7% 19.4% 18.2%2018 Est. HH Income $75,000 to $99,999 15.1% 13.5% 13.5%2018 Est. HH Income $50,000 to $74,999 12.7% 14.9% 16.4%2018 Est. HH Income $35,000 to $49,999 10.4% 10.5% 11.1%2018 Est. HH Income $25,000 to $34,999 6.8% 8.1% 8.5%2018 Est. HH Income $15,000 to $24,999 5.0% 6.1% 7.1%2018 Est. HH Income Under $15,000 4.7% 5.4% 6.5%2018 Est. Average Household Income $111,680 $105,879 $98,8932018 Est. Median Household Income $93,385 $87,977 $79,8352018 Est. Per Capita Income $44,053 $41,876 $38,956

2018 Est. Total Businesses 433 3,486 13,0252018 Est. Total Employees 2,815 28,851 128,983

Demographic Source: Applied Geographic Solutions 04/2018, TIGER Geography page 1 of 3©2018, Sites USA, Chandler, Arizona, 480-491-1112

This

repo

rt w

as p

rodu

ced

usin

g da

ta fr

om p

rivat

e an

d go

vern

men

t sou

rces

dee

med

to b

e re

liabl

e. T

he in

form

atio

n he

rein

is p

rovi

ded

with

out r

epre

sent

atio

n or

war

rant

y.

FULL PROFILE2000-2010 Census, 2018 Estimates with 2023 ProjectionsCalculated using Weighted Block Centroid from Block Groups

Lat/Lon: 45.4298/-122.8287RF1

14900 SW Barrows Rd1 mi radius 3 mi radius 5 mi radius

Beaverton, OR 97007

POPU

LATI

ON

2018 Estimated Population 23,165 109,380 252,5892023 Projected Population 25,178 118,751 273,9432010 Census Population 21,509 101,313 232,6152000 Census Population 17,123 86,926 204,904Projected Annual Growth 2018 to 2023 1.7% 1.7% 1.7%Historical Annual Growth 2000 to 2018 2.0% 1.4% 1.3%

HO

USE

HO

LDS 2018 Estimated Households 9,135 43,194 99,294

2023 Projected Households 9,794 46,284 106,3642010 Census Households 8,593 40,455 92,4382000 Census Households 6,566 34,273 81,050Projected Annual Growth 2018 to 2023 1.4% 1.4% 1.4%Historical Annual Growth 2000 to 2018 2.2% 1.4% 1.3%

AGE

2018 Est. Population Under 10 Years 12.0% 11.6% 12.0%2018 Est. Population 10 to 19 Years 13.6% 12.5% 12.1%2018 Est. Population 20 to 29 Years 13.9% 11.7% 13.3%2018 Est. Population 30 to 44 Years 23.6% 21.1% 21.7%2018 Est. Population 45 to 59 Years 21.7% 21.5% 20.5%2018 Est. Population 60 to 74 Years 11.7% 15.2% 14.6%2018 Est. Population 75 Years or Over 3.4% 6.4% 5.9%2018 Est. Median Age 36.2 39.8 38.3

MAR

ITAL

STA

TUS

& G

END

ER

2018 Est. Male Population 48.8% 48.3% 48.9%2018 Est. Female Population 51.2% 51.7% 51.1%

2018 Est. Never Married 31.6% 27.2% 29.7%2018 Est. Now Married 52.0% 52.1% 49.1%2018 Est. Separated or Divorced 13.0% 15.5% 16.3%2018 Est. Widowed 3.3% 5.2% 5.0%

INC

OM

E

2018 Est. HH Income $200,000 or More 10.9% 10.2% 9.3%2018 Est. HH Income $150,000 to $199,999 12.6% 11.9% 9.5%2018 Est. HH Income $100,000 to $149,999 21.7% 19.4% 18.2%2018 Est. HH Income $75,000 to $99,999 15.1% 13.5% 13.5%2018 Est. HH Income $50,000 to $74,999 12.7% 14.9% 16.4%2018 Est. HH Income $35,000 to $49,999 10.4% 10.5% 11.1%2018 Est. HH Income $25,000 to $34,999 6.8% 8.1% 8.5%2018 Est. HH Income $15,000 to $24,999 5.0% 6.1% 7.1%2018 Est. HH Income Under $15,000 4.7% 5.4% 6.5%2018 Est. Average Household Income $111,680 $105,879 $98,8932018 Est. Median Household Income $93,385 $87,977 $79,8352018 Est. Per Capita Income $44,053 $41,876 $38,956

2018 Est. Total Businesses 433 3,486 13,0252018 Est. Total Employees 2,815 28,851 128,983

PROGRESS RIDGE TOWNSQUARE

MURRAY SCHOLLS TOWN CENTER

MURRAY HILL MARKETPLACE

WASHINGTON SQUARE MALL

23k

16k

10k

35k

27k

10k

8k

40k

48k

50k

87k

38k

17k

14kSITE

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

AREA RETAIL

Retail Leasing Opportunity G IDG...14900-15000 SW Barrows Rd., Beaverton OR AT REAL ESTATE...

Documents

Transcript of Retail Leasing Opportunity G IDG...14900-15000 SW Barrows Rd., Beaverton OR AT REAL ESTATE...