Milltowner II

NWC NW Cornell Rd & NW Saltzman Rd | Cedar Mill Neighborhood

SPACE AVAILABLE: UP TO 2,640 SF

Option 1: 2,640 SF Space + 1,208 SF Outdoor Seating Area
Option 2: 2,201 SF Space + 1,457 SF Outdoor Seating Area

Property Overview

Traffic Counts
NW Cornell Rd: 13,548 VPD
NW Saltzman Rd: 13,190 VPD

Milltowner II is a 55,155 square foot shopping center anchored by a new small-format Target, located at the northwest 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 15,502 residents within a one-mile radius and 123,964 residents within a three-mile radius with average household incomes of $121,065 and $131,318, respectively. The daytime population within one mile totals 14,676 within one mile and 133,187 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 1,200 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 now has capacity for over 10,000 employees after recent expansion and construction. Providence St Vincent Medical Center is located 1.85 miles east of the center and employs nearly 3,300 staff and medical professionals, with many ancillary clinics and related services located nearby.

Demographics

 
     
         
         1 Mile
         2 Miles
         3 Miles
     

         2021 Population:
         15,502
         54,695
         123,964
     

         2026 Projected Pop:
         16,756
         58,448
         132,154
     

         ’21-’26 Growth/Yr:
         1.62%
         1.37%
         1.32%
     

         Avg Household Income:
         $121,065
         $147,322
         $131,318
     

         % Pop Bachelor's Deg +:
         56.17%
         64.12%
         59.70%
     

         Median Home Value:
         $524,347
         $560,123
         $524,334
     

         # Businesses:
         453
         1,828
         4,529
     

         Daytime Pop. Workers:
         7,979
         37,107
         74,439
     