for lease in hillsboro, oregon hillsboro plazaimages2.loopnet.com/.../document.pdf · historical...

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Commercial Realty Advisors NW, LLC 733 SW 2nd Avenue, Suite 200 Portland, Oregon 97204 www.cra-nw.com Licensed brokers in Oregon & Washington FOR LEASE IN HILLSBORO, OREGON Hillsboro Plaza 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 1,200 SF former market & 1,500 SF former office space Available Space SE 10th & Baseline in Hillsboro, Oregon Location Rental Rate $15.00/SF/YR, NNN SE 10th – 26,716 ADT; Baseline – 15,682 ADT Traffic Count Comments • Located in downtown Hillsboro. Close proximity to Tuality Hospital with 167 beds. • Area retailers include Walgreens, Sherwin Williams, Starbucks, Les Schwab Tires, and Thriftway. • Hillsboro is a major manufacturing and economic hub, home to Intel, TriQuint Semiconductor, FEI, and SolarWorld, among others. 1 Mile 3 Mile 5 Mile Est. 2015 Population 22,414 74,648 135,788 Population Forecast 2020 23,478 78,500 142,933 Average HH Income $57,434 $79,274 $75,627 Employees 15,004 37,659 56,918 Source: Regis - SitesUSA (2015) Demographics SITE George Macoubray | [email protected] Nick Stanton | [email protected] 503.274.0211 C RA

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Page 1: FOR LEASE IN HILLSBORO, OREGON Hillsboro Plazaimages2.loopnet.com/.../document.pdf · Historical Annual Growth 2000 to 2015 1.1% 2.1% 2.0% H O U S E H O L D S 2015 Estimated Households

Copyright © and (P) 1988–2006 Microsoft Corporation and/or its suppliers. All rights reserved. http://www.microsoft.com/mappoint/Portions © 1990–2005 InstallShield Software Corporation. All rights reserved. Certain mapping and direction data © 2005 NAVTEQ. All rights reserved. The Data for areas of Canada includes information taken with permission from Canadian authorities, including: © Her Majesty the Queen in Right of Canada, © Queen's Printer for Ontario. NAVTEQ and NAVTEQ ON BOARD are trademarks of NAVTEQ. © 2005 Tele Atlas North America, Inc. All rights reserved. Tele Atlas and Tele Atlas North America are trademarks of Tele Atlas, Inc.

Portland, Oregon, United States

0 mi 2 4 6 8 10 12 14

Commercial Realty Advisors NW, LLC733 SW 2nd Avenue, Suite 200

Portland, Oregon 97204www.cra-nw.com

Licensed brokers in Oregon & Washington

F O R L E A S E I N H I L L S B O R O , O R E G O N

Hillsboro Plaza

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

1,200 SF former market & 1,500 SF former office spaceAvailable Space

SE 10th & Baseline in Hillsboro, OregonLocation

Rental Rate $15.00/SF/YR, NNN

SE 10th – 26,716 ADT; Baseline – 15,682 ADT Traffic Count

Comments • Located in downtown Hillsboro.

• Close proximity to Tuality Hospital with 167 beds.

• Area retailers include Walgreens, Sherwin Williams, Starbucks, Les Schwab Tires, and Thriftway.

• Hillsboro is a major manufacturing and economic hub, home to Intel, TriQuint Semiconductor, FEI, and SolarWorld, among others.

1 Mile 3 Mile 5 Mile

Est. 2015 Population 22,414 74,648 135,788Population Forecast 2020 23,478 78,500 142,933Average HH Income $57,434 $79,274 $75,627Employees 15,004 37,659 56,918

Source: Regis - SitesUSA (2015)

Demographics

SITE

George Macoubray | [email protected] Nick Stanton | [email protected] .0211

CRA

Page 2: FOR LEASE IN HILLSBORO, OREGON Hillsboro Plazaimages2.loopnet.com/.../document.pdf · Historical Annual Growth 2000 to 2015 1.1% 2.1% 2.0% H O U S E H O L D S 2015 Estimated Households

Street Blvd

LAKERIDGE HIGH SCHOOL

1,103 STUDENTS

COUNTRY CLUB

CLACKAMAS TOWN CENTER

HOSPITAL

0 0.2 0.4

Miles

HillsboroAirport

MAX LIGHTRAIL

MAX LIGHTRAIL

TUALITY HOSPITAL167 BEDS

1,612 Employees

6,019 Employees

7,043 Employees

2,700 Employees

970 Employees

1,000 Employees 7,600 Seats

JONES FARM

RONLER ACRES

HAWTHORN FARM

FEI

US TESTS & BALANCE

CORP.

1,275 Employees

HILLSBORO, OREGON

N CRA

SITE

Page 3: FOR LEASE IN HILLSBORO, OREGON Hillsboro Plazaimages2.loopnet.com/.../document.pdf · Historical Annual Growth 2000 to 2015 1.1% 2.1% 2.0% H O U S E H O L D S 2015 Estimated Households

Street Blvd

LAKERIDGE HIGH SCHOOL

1,103 STUDENTS

COUNTRY CLUB

CLACKAMAS TOWN CENTER

HOSPITAL

HILLSBORO FARMERS’ MARKET

LINCOLN STREETELEMENTARY

SCHOOL

HILLSBORO CENTER

PORTLAND COMMUNITY

COLLEGE

PACIFIC UNIVERSITY

ST MATTHEW CATHOLIC SCHOOL

TUALITY HOSPITAL167 BEDS

HILLSBORO POLICE DEPT.

SHUTE PARK AQUATIC & REC

CENTER

HILLSBOROLIBRARY

WASHINGTONCO. OFFICES

WASHINGTONCO. OFFICES

SYAN IZAKAYA

WASHINGTONCO. COURTHOUSE

HILLSBOROCIVIC CENTER

VENETIANTHEATRE

MATTRESSMEGASTORE

BOYS & GIRLS CLUB

HILLSBOROPUBLIC WORKS

US POSTOFFICE

COMMUNITYACTION

ORGANIZATION

WALKER CULTURAL

ARTS CENTER

Dairy Creek Park

EAST MAIN PLAZA

POST OFFICE

EDUCATION & HEALTH DISTRICT

FARMERS’ MARKET

MAX LIGHT RAIL LINE

0 0.25

MILES

1,405 ON/OFF PER WEEK 1,242 ON/OFF PER WEEK1,928 ON/OFF PER WEEK

HILLSBORO, OREGON│DOWNTOWN

CRA

Page 4: FOR LEASE IN HILLSBORO, OREGON Hillsboro Plazaimages2.loopnet.com/.../document.pdf · Historical Annual Growth 2000 to 2015 1.1% 2.1% 2.0% H O U S E H O L D S 2015 Estimated Households

1,200 SF

AVAILA

BLE

Jackson Hewitt

1,500 SFAVAILABLE

SITE PLAN | HILLSBORO PLAZA

CRA

Page 5: FOR LEASE IN HILLSBORO, OREGON Hillsboro Plazaimages2.loopnet.com/.../document.pdf · Historical Annual Growth 2000 to 2015 1.1% 2.1% 2.0% H O U S E H O L D S 2015 Estimated Households

HILLSBORO, OREGON

CRA

Page 6: FOR LEASE IN HILLSBORO, OREGON Hillsboro Plazaimages2.loopnet.com/.../document.pdf · Historical Annual Growth 2000 to 2015 1.1% 2.1% 2.0% H O U S E H O L D S 2015 Estimated Households

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: 45.5200/-122.9739RF1

SE 10th Ave & Baseline St1 Mile 3 Miles 5 Miles

Hillsboro, OR

PO

PU

LATI

ON

2015 Estimated Population 22,414 74,648 135,7882020 Projected Population 23,478 78,500 142,9332010 Census Population 21,308 70,894 128,3212000 Census Population 19,272 56,691 103,970Projected Annual Growth 2015 to 2020 0.9% 1.0% 1.1%Historical Annual Growth 2000 to 2015 1.1% 2.1% 2.0%

HO

US

EH

OLD

S

2015 Estimated Households 7,095 25,555 48,0432020 Projected Households 7,452 26,904 50,6412010 Census Households 6,707 24,145 45,0252000 Census Households 5,810 18,825 36,007Projected Annual Growth 2015 to 2020 1.0% 1.1% 1.1%Historical Annual Growth 2000 to 2015 1.5% 2.4% 2.2%

AG

E

2015 Est. Population Under 10 Years 15.6% 15.0% 14.6%2015 Est. Population 10 to 19 Years 14.6% 14.2% 14.0%2015 Est. Population 20 to 29 Years 15.1% 13.1% 14.2%2015 Est. Population 30 to 44 Years 23.4% 24.1% 24.3%2015 Est. Population 45 to 59 Years 17.2% 18.4% 18.0%2015 Est. Population 60 to 74 Years 9.9% 11.3% 11.1%2015 Est. Population 75 Years or Over 4.1% 3.9% 3.9%2015 Est. Median Age 32.1 33.9 33.7

MA

RIT

AL

STA

TUS

&

GE

ND

ER

2015 Est. Male Population 51.9% 50.8% 50.3%2015 Est. Female Population 48.1% 49.2% 49.7%

2015 Est. Never Married 34.8% 30.2% 30.4%2015 Est. Now Married 38.4% 48.7% 48.7%2015 Est. Separated or Divorced 21.5% 17.6% 17.5%2015 Est. Widowed 5.2% 3.5% 3.4%

INC

OM

E

2015 Est. HH Income $200,000 or More 1.3% 4.0% 3.1%2015 Est. HH Income $150,000 to $199,999 2.8% 6.4% 5.5%2015 Est. HH Income $100,000 to $149,999 10.6% 17.1% 16.3%2015 Est. HH Income $75,000 to $99,999 12.8% 17.4% 16.6%2015 Est. HH Income $50,000 to $74,999 18.6% 19.5% 20.9%2015 Est. HH Income $35,000 to $49,999 12.0% 10.0% 13.0%2015 Est. HH Income $25,000 to $34,999 10.9% 8.9% 8.7%2015 Est. HH Income $15,000 to $24,999 12.0% 7.8% 7.6%2015 Est. HH Income Under $15,000 19.1% 9.0% 8.3%2015 Est. Average Household Income $57,434 $79,274 $75,6272015 Est. Median Household Income $47,508 $68,436 $65,3132015 Est. Per Capita Income $18,895 $27,407 $26,945

2015 Est. Total Businesses 1,240 2,446 4,1302015 Est. Total Employees 15,004 37,659 56,918

Page 7: FOR LEASE IN HILLSBORO, OREGON Hillsboro Plazaimages2.loopnet.com/.../document.pdf · Historical Annual Growth 2000 to 2015 1.1% 2.1% 2.0% H O U S E H O L D S 2015 Estimated Households

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: 45.5200/-122.9739RF1

SE 10th Ave & Baseline St1 Mile 3 Miles 5 Miles

Hillsboro, OR

RA

CE

2015 Est. White 68.2% 73.5% 71.3%2015 Est. Black 1.6% 1.7% 2.2%2015 Est. Asian or Pacific Islander 3.0% 7.7% 9.5%2015 Est. American Indian or Alaska Native 1.7% 1.0% 0.9%2015 Est. Other Races 25.5% 16.1% 16.1%

HIS

PA

NIC

2015 Est. Hispanic Population 10,217 19,455 33,6592015 Est. Hispanic Population 45.6% 26.1% 24.8%2020 Proj. Hispanic Population 48.8% 28.1% 26.7%2010 Hispanic Population 44.2% 25.3% 24.1%

ED

UC

ATI

ON

(Adu

lts 2

5 or

Old

er)

2015 Est. Adult Population (25 Years or Over) 18,227 60,700 109,8082015 Est. Elementary (Grade Level 0 to 8) 23.3% 12.2% 11.6%2015 Est. Some High School (Grade Level 9 to 11) 15.8% 11.2% 10.5%2015 Est. High School Graduate 17.4% 16.6% 16.7%2015 Est. Some College 17.6% 18.1% 19.5%2015 Est. Associate Degree Only 5.7% 7.7% 7.7%2015 Est. Bachelor Degree Only 11.7% 16.4% 16.2%2015 Est. Graduate Degree 8.6% 17.9% 17.9%

HO

US

ING 2015 Est. Total Housing Units 7,240 26,092 49,092

2015 Est. Owner-Occupied 48.7% 62.4% 59.7%2015 Est. Renter-Occupied 49.3% 35.5% 38.2%2015 Est. Vacant Housing 2.0% 2.1% 2.1%

HO

ME

S B

UIL

T B

Y Y

EA

R 2010 Homes Built 2005 or later 11.1% 9.7% 10.0%2010 Homes Built 2000 to 2004 8.2% 13.0% 12.5%2010 Homes Built 1990 to 1999 13.1% 21.4% 24.9%2010 Homes Built 1980 to 1989 10.1% 12.0% 11.8%2010 Homes Built 1970 to 1979 19.6% 19.1% 19.5%2010 Homes Built 1960 to 1969 11.6% 8.6% 7.3%2010 Homes Built 1950 to 1959 11.1% 6.1% 5.2%2010 Homes Built Before 1949 15.3% 10.0% 8.8%

HO

ME

VA

LUE

S

2010 Home Value $1,000,000 or More 0.4% 0.6% 0.7%2010 Home Value $500,000 to $999,999 2.4% 4.5% 4.1%2010 Home Value $400,000 to $499,999 2.3% 6.5% 5.2%2010 Home Value $300,000 to $399,999 15.6% 22.5% 19.6%2010 Home Value $200,000 to $299,999 47.5% 44.5% 46.4%2010 Home Value $150,000 to $199,999 19.0% 12.4% 12.8%2010 Home Value $100,000 to $149,999 5.5% 3.8% 4.0%2010 Home Value $50,000 to $99,999 1.1% 1.3% 1.8%2010 Home Value $25,000 to $49,999 1.9% 1.0% 1.9%2010 Home Value Under $25,000 4.2% 2.8% 3.5%2010 Median Home Value $233,793 $266,364 $256,4812010 Median Rent $709 $816 $847

Page 8: FOR LEASE IN HILLSBORO, OREGON Hillsboro Plazaimages2.loopnet.com/.../document.pdf · Historical Annual Growth 2000 to 2015 1.1% 2.1% 2.0% H O U S E H O L D S 2015 Estimated Households

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: 45.5200/-122.9739RF1

SE 10th Ave & Baseline St1 Mile 3 Miles 5 Miles

Hillsboro, OR

LAB

OR

FO

RC

E

2015 Est. Labor Population Age 16 Years or Over 16,962 56,800 104,1622015 Est. Civilian Employed 60.2% 64.0% 65.3%2015 Est. Civilian Unemployed 5.2% 4.4% 4.5%2015 Est. in Armed Forces - - - 2015 Est. not in Labor Force 34.6% 31.6% 30.1%2015 Labor Force Males 51.8% 50.4% 49.9%2015 Labor Force Females 48.2% 49.6% 50.1%

OC

CU

PA

TIO

N

2010 Occupation: Population Age 16 Years or Over 8,833 32,169 60,0732010 Mgmt, Business, & Financial Operations 11.1% 13.4% 12.9%2010 Professional, Related 18.0% 24.7% 24.2%2010 Service 22.5% 18.8% 18.6%2010 Sales, Office 20.5% 22.7% 23.9%2010 Farming, Fishing, Forestry 5.8% 2.7% 2.5%2010 Construction, Extraction, Maintenance 9.9% 7.3% 7.0%2010 Production, Transport, Material Moving 12.1% 10.4% 11.0%2010 White Collar Workers 49.6% 60.8% 60.9%2010 Blue Collar Workers 50.4% 39.2% 39.1%

TRA

NS

PO

RTA

TIO

NTO

WO

RK

2010 Drive to Work Alone 66.0% 73.0% 73.9%2010 Drive to Work in Carpool 13.5% 10.3% 10.7%2010 Travel to Work by Public Transportation 12.4% 7.2% 6.6%2010 Drive to Work on Motorcycle 0.7% 0.4% 0.3%2010 Walk or Bicycle to Work 4.1% 4.0% 3.7%2010 Other Means 0.5% 0.6% 0.6%2010 Work at Home 2.8% 4.5% 4.3%

TRA

VE

L TI

ME 2010 Travel to Work in 14 Minutes or Less 25.7% 29.8% 28.8%

2010 Travel to Work in 15 to 29 Minutes 31.7% 32.7% 34.3%2010 Travel to Work in 30 to 59 Minutes 33.7% 29.7% 29.4%2010 Travel to Work in 60 Minutes or More 9.0% 7.8% 7.5%2010 Average Travel Time to Work 24.5 21.3 21.5

CO

NS

UM

ER

EX

PE

ND

ITU

RE

2015 Est. Total Household Expenditure $339 M $1.53 B $2.79 B2015 Est. Apparel $11.9 M $53.8 M $97.7 M2015 Est. Contributions, Gifts $20.9 M $103 M $184 M2015 Est. Education, Reading $12.4 M $60.3 M $107 M2015 Est. Entertainment $18.8 M $86.3 M $157 M2015 Est. Food, Beverages, Tobacco $53.4 M $234 M $429 M2015 Est. Furnishings, Equipment $11.3 M $53.3 M $96.4 M2015 Est. Health Care, Insurance $30.1 M $132 M $242 M2015 Est. Household Operations, Shelter, Utilities $105 M $473 M $861 M2015 Est. Miscellaneous Expenses $5.04 M $22.4 M $41.0 M2015 Est. Personal Care $4.44 M $19.9 M $36.3 M2015 Est. Transportation $65.1 M $292 M $536 M