Neville & Butler Commercial Real Estate
Commercial Real Estate
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Milltowner I

Milltowner I

NEC NW Cornell Rd & NW Saltzman Rd, Beaverton, Oregon


SPACE AVAILABLE:

  • Shop Space: Up to 7,750 SF

  • Office Space: Up to 8,200 SF

Milltowner I Flyer Milltowner I Site Plan


 

Property Overview

Traffic Counts
NW Cornell Rd: 14,301 VPD
NW Saltzman Rd: 13,529 VPD

Milltowner I is a 63,400 square foot shopping center located at the northeast corner of NW Saltzman Road and NW Cornell Road in the Cedar Mill Neighborhood of Beaverton.

This intersection serves as one of the primary gateways to the Coleman, Bonny Slope, and Bethany neighborhoods,several areas developed north of Highway 26 along with the rise of Beaverton-Hillsboro’s “Silicon Forest” and companies such as Tektronix, Intel, and IBM.


Trade Area Overview

The trade area contains established residential neighborhoods as well as a strong daytime population. There are 15,268 residents within a one-mile radius and 124,561 residents within a three-mile radius with average household incomes of $108,959 and $116,669, respectively. The daytime population within one mile totals 14,621 within one mile and 132,989 within three miles.

Many large area employers are located nearby, including Columbia Sportswear, Nike, and Providence St Vincent Medical Center. Columbia Sportswear’s headquarters campus, with approximately 1,000 workers, is located 0.9 miles west of the center. Nike’s world headquarters campus is located 1.4 miles southwest of the center and is now home to nearly 12,000 employees after recent expansion and construction. Providence St Vincent Medical Center is located 1.85 miles east of the center and employs over 3,500 staff and medical professionals, with many ancillary clinics and related services located nearby.

Demographics

1 Mile 2 Miles 3 Miles
2018 Population: 15,268 54,026 124,561
2023 Projected Pop: 16,684 58,344 135,152
’18-’23 Growth/Yr: 1.85% 1.60% 1.70%
Avg Household Income: $108,959 $128,972 $116,669
% Pop Bachelor's Deg +: 51.29% 59.73% 56.96%
Median Home Value: $409,908 $457,551 $424,411
# Businesses: 447 1,660 4,230
Daytime Pop. Workers: 7,940 37,931 75,365