Lents Commons. Stunning Mixed-Use Project with 7,120 SF Class A Retail. High Visibility Corner with Excellent Traffic Counts Delivers Q1 2018

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Owen Osborne Ball
5 years ago
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1 FOR LEASE Stunning Mixed-Use Project with 7,120 SF Class A Retail High Visibility Corner with Excellent Traffic Counts Delivers Q1 2018

Features PROJECT INFORMATION Since the formation of the Lents Urban Renewal Area in 1998, Prosper Portland (formerly the Portland Development Commission) has invested $54 million into this historic

2 Features PROJECT INFORMATION Since the formation of the Lents Urban Renewal Area in 1998, Prosper Portland (formerly the Portland Development Commission) has invested $54 million into this historic neighborhood with a goal of fostering a variety of uses to serve this unique, diverse community, as well as improving the health of businesses and the experience of living and working in Lents. Prosper Portland is developing this LEED Gold 4 story, 65,000 SF mixed-use project at 9101 SE Foster, slated for completion by December Lents Commons is designed by Hacker architects and built by Bremik Construction, and its wood-cladding exterior atop glazed aluminum storefronts conveys a contemporary take on this district s agrarian roots. ±7,120 SF of class A retail is on offer, and these spaces are divisible to ±1,000 SF. The building includes a large, generously landscaped public courtyard and on-site parking. AFFORDABLE COMMERCIAL TENANTING PROGRAM Approximately half of the commercial space at Lents Commons has been reserved for Prosper Portland s Affordable Commercial Tenanting Program. This program is designed to reduce barriers for qualified businesses from underrepresented populations, particularly communities of color, women, and businesses in under-served communities. Technical assistance, reduced rent and tenant improvement grants may be available for qualified tenants. Please find out more at: AVAILABILITY RENT FRONTAGE PROJECT FEATURES 7,120 SF Class A retail Up to 3,629 SF contiguous Divisible to ±1,000 SF Delivering Q $20-22/SF/YR, NNN SE Foster Rd, SE 91st Ave, SE 92nd Ave Beautifully landscaped courtyard LEED Gold project High visibility Close proximity to MAX and I-205 Part of $100 million Lents Town Center redevelopment 11 6 ceiling height On-site parking

3 Floor Plan SE 91st Avenue Retail 3,629 SF Divisible SE 92nd Avenue Retail 3,491 SF Divisible SE Foster Road

4 Lents Commons Potential Demising Plan 16'-1 1/4"\X(APPROX.) 1'-8" 116 TENANT STORAGE 104 MECH. 102 TRASH 112 WEST CORR H102 ELEC. 111 STAIR 1 S101 BATHROOM 1 TENANT LAUNDRY 103A STAIR 2 S102 ACCESS ZONE BIKE ROOM 110 MAIL 109 COMMON AREA 103 ELEV. MECH. 108 TENANT SPACE A1 2,079 RSF LOBBY LOCATION OF VESTIBULE L101 UP V101 MECHANICAL CHASE TO ROOF TENANT SPACE A2 1,550 RSF SE 91st Avenue BATHROOM 2 EXTERIOR COURTYARD REF LANDSCAPE COMMON ACCESS CORRIDOR TENANT SPACE B1 1,615 RSF SE Fos ter TENANT SPACE B2 1,876 RSF May be divisible to ±1,000 SF 186 '-6" Roa d BATHROOM 1 SE 92nd Avenue OFFICE J

District Projects OLIVER STATION ASIAN HEALTH & SERVICE CENTER WOODY GUTHRIE PLACE Location Both sides of 92nd Ave between Foster & Woodstock Location SE Foster & SE 91st Avenue Location SE 91st

Communities Ankrom Moisan Architects Project Description Developer Architect 30,000 SF relocation of the Asian Health and Service Center with clinic, office, event space, and a rooftop garden Asian

Completion Date Spring 2018 Completion Date Summer 2018 October 2016 Lents Commons groundbreaking April 2017 Asian Health & Service Center groundbreaking January 2018 Lents Commons completion date

5 District Projects OLIVER STATION ASIAN HEALTH & SERVICE CENTER WOODY GUTHRIE PLACE Location Both sides of 92nd Ave between Foster & Woodstock Location SE Foster & SE 91st Avenue Location SE 91st Avenue at SE Reedway St Project Description Developer Architect Two 5 story mixed-use buildings comprised of 145 apartments, almost 30,000 SF of retail, anchored by fitness center Palindrome Communities Ankrom Moisan Architects Project Description Developer Architect 30,000 SF relocation of the Asian Health and Service Center with clinic, office, event space, and a rooftop garden Asian Health & Science Center Holst Architecture Project Description Developer Architect Mixed-income apartment project with 68 apartments ROSE Community Development Carlton Hart Completion Date March 2018 Completion Date Spring 2018 Completion Date Summer 2018 October 2016 Lents Commons groundbreaking April 2017 Asian Health & Service Center groundbreaking January 2018 Lents Commons completion date Spring 2018 Asian Health & Service Center completion date Total New Development by Summer apt units - 37,120 SF ground floor commercial - 30,000 office, clinic & event space December 2016 Summer 2017 February 2018 Summer 2018 Oliver Station groundbreaking Woody Guthrie Place groundbreaking Oliver Station completion date Woody Guthrie Place completion date

6 Asian Health Service Center Woody Guthrie Place Lents Commons Oliver Station West Oliver Station East LENTS COMMONS SE 91st Avenue SE Woodstock Blvd SE Foster Road ZOIGLHAUS BREWING CO. DISTRICT OUTDOOR ART EXHIBIT NW PRO GEAR BIKE SHOP

EASTPORT SHOPPING CENTER L A F I T N E S S DEMOGRAPHICS (2017)

92nd Ave Avg Household Income DAILY TRAFFIC COUNT SE Foster @

& SE Foster N/S 10,352 cars SE 82nd Ave LENTS PARK SE Holgate

CHRUCH OLIVER S CAFE SE 91st Ave LENTS COMMONS OLIVER P LENT

FELIZ EAGLE EYE TAVERN MILL CREEK CROSSING SE Woodstock Blvd

7 EASTPORT SHOPPING CENTER L A F I T N E S S DEMOGRAPHICS (2017) 1 mile 3 miles 5 miles Population 21, , ,183 SE 92nd Ave Avg Household Income DAILY TRAFFIC COUNT SE SE 91st Westbound $54,355 $69,220 $75,864 23,207 cars SE 92nd & SE Foster N/S 10,352 cars SE 82nd Ave LENTS PARK SE Holgate Blvd SE Foster Road SIDEWISE GAME RISING SUN KOI THE BRIDGE CHRUCH OLIVER S CAFE SE 91st Ave LENTS COMMONS OLIVER P LENT SCHOOL WATTLE S BOY S & GIRLS CLUB ZOIGLHAUS BREWING EL PATO FELIZ EAGLE EYE TAVERN MILL CREEK CROSSING SE Woodstock Blvd TAQUERIA EL CAPULLO JAVA JAZZ NWPROGEAR BIKE SHOP OLIVER STATION PROJECT

OLIVER STATION» LENTS

OLIVER STATION» LENTS FOR LEASE» PORTLAND, OREGON ANCHORED BY PLANET FITNESS Location Available Space Rental Rate Comments SE Foster Rd & SE 92nd Ave in Portland, Oregon Up to 3,070 SF, as small as 1,000