The Wikman-Arleta Building has a rich history as a neighborhood library and community center. It is located in a transit-accessible area with nearby retail and parks. ROSE Community Development plans to convert the building into a business incubator with offices, a cafe, and event space. A market analysis found nearby comparable properties renting retail space from $10-13/sqft annually and office space from $6-8/sqft including utilities. Nearby event spaces rent for $60-80/hour. The surrounding area has a growing young population but lower incomes compared to the city as a whole.

1. The Wikman-Arleta Building Market Analysis
Prepared by: Alison Wicks, Portland State University
For: ROSE Community Development & Project Partners
August 2012
1917- “Arletans” raise $1,800 to
purchase site for Arleta Library
1918- Arleta Library built with a
funds donated by Andrew Carnegie
(1917-1973)
Arleta Library
1948- Wood burning furnace
replaced with oil furnace
Introduction: The Wikman-Arleta Building and ROSE Community
Development
ROSE Community Development along with project partners; Foster Area
Business Association, Foster-Powell Neighborhood Association and Southeast
Uplift, have positioned themselves to acquire the Wikman-Arleta Building and
property from Multnomah County and restore the site to community use. 1973- Library Association of
Agency (1973-1988)
Community Action
Multnomah County
Portland transfers the property to
Multnomah County for $0
This market analysis is intended to help inform the decisions that ROSE
Community Development and their project partners will make around 1982- Multnomah County Board
dedicates the building to the
potential future uses of the Wikman-Arleta Building. Current proposed uses memory of Lea Wikman
for the site include small offices possibly assembled as a business incubator,
a neighborhood café and a flexible event space. Ideas for the Wikman-Arleta 1988- Multnomah County’s
(1988-2011)
Community Justice
Multnomah County Department of
the site were developed through a series of community visioning events. Department of Community Justice
opens Southeast Office
Aboveall partners envision the Wikman-Arleta building being repurposed to a
serve a combination of entrepreneurial and community-building activities.
During the development of this study the analyst received guidance from
ROSE Community Development staff and the Wikman-Arleta Project steering
group. 2011- Department of Community
Justice relocated
2011- Multnomah County Board of
History of Wikman-Arleta Building Commissioners declared the
Wikman Building as Surplus
The Wikman-Arleta Building has a rich, nearly 100 year history in the Foster- Property
(2011- ?)
Vacant
Powell neighborhood. In 1917 “Arletans,” as neighborhood members were 2012- Rose Community
Development developing business
called then, raised $1,800 (over $30,000 in 2010 dollars) to purchase the plan for future uses of the
Wikman-Arleta Library

2. The Wikman-Arleta Building Market Analysis
Prepared by: Alison Wicks, Portland State University
For: ROSE Community Development & Project Partners
August 2012
deed of the site. The following year, with funds donated by Andrew Carnegie
the Library Association of Portland completed construction on the Arleta
Library. The library became an important neighborhood asset while Portland
recovered from the Great Depression. The Arleta Library held $9,000 books,
hosted programs for adults and children, and acted as a site for neighborhood
health services throughout the 1930s.
The building acted as a library for 56 years, until when in 1973 the Library
Association of Portland sold the building to Multnomah County for $0. From
1973 to 1988, the building served as the headquarters of the Multnomah
County Community Action Agency (MCCA) program. During this time
period, Lea Wikman acted as the MCCA chair. When Ms. Wikman passed away
suddenly in 1982, the Multnomah County Board re-named the building in her
honor.
In 1982 Multnomah County placed a new office of the Department of
Community Justice in the building. The Wikman-Arleta Building housed
this program until July 2011 and has since sat vacant. In September 2011,
Multnomah County declared the building as Surplus Property. This means
that the property is no longer required for County use. And that the Country
has no practical, efficient, or appropriate use for the property and the County
will have no use for the Wikman-Arleta Building in the near future.
Site and Neighborhood Characteristics
The Wikman-Arleta Building is located Southeast Portland, at the intersection
of SE Holgate and SE 64th Avenue, near SE Foster Rd (4420 SE 64th Avenue).
Wikman-Arleta Building Site

3. The Wikman-Arleta Building Market Analysis
Prepared by: Alison Wicks, Portland State University
For: ROSE Community Development & Project Partners
August 2012
The Wikman-Arleta Building is adjacent to the 0.42 acre Laurelwood Park. The
site is in the Foster-Powell neighborhood and the Lents Town Center Urban
Renewal Area. The Arleta Elementary school is 0.5 miles south of the site.
The Wikman-Arleta has very good pedestrian and cyclist access and frequent
transit service. It is adjacent to Laurelwood Park which features shaded sitting
areas and is a hub of pedestrian activity. The site and is near two popular
bus lines, the #17 Holgate and the #14 Foster. The building is in the “Heart of
Foster” portion of the Foster-Powell neighborhood. This part of Foster Rd is
lined with one and two story retail store fronts, including restaurants, bars,
cafes, and shops. Also, the Bob White Theater (6423 SE Foster) is around the
corner from the Wikman-Arleta building. The Bob White Theater has a new
owner who is restoring and reopening the historic theater.
The Wikman-Arleta building has great auto access. Foster Rd is a major
thoroughfare for Southeast Portland. Near the site Foster Rd has an average
daily traffic volume of 24,328 cars. SE Holgate Blvd is also a moderately
busy neighborhood arterial with an average daily volume of 10,625 cars.
The Wikman-Arleta building has then benefit of good visibility from both
SE Foster Rd and SE Holgate Blvd but faces on to less busy SE 6th Ave. In
addition, the Wikman-Arleta building is near area highways, it is 1.5 miles east
of I-205 and 0.5 miles south of Powell Ave (US26). The site has little available
parking. The two sub-standard onsite spaces will likely be renovated into an
outdoor seating area for customers and tenants. There is plentiful unrestricted
on-street parking and ROSE Community Development is considering working
with nearby church to negotiate an agreement for special event parking.
Building Characteristics
The historic Wikman-Arleta Building is one story tall and sits on a 8,000 SF
lot. It has a partial basement and a small mezzanine. The building is wood
constructed with red-brick veneer. The exterior also features wood detailing
and an intricate cupola. Large round arched windows offer exceptional
natural lighting to the interior spaces and a pleasant exterior façade. The
2010-2011 Assessed Value of the building is $505,340.
Multnomah County lists the site as having 5,187 rentable SF, Cushman
Wakefield list it as with only 4,251 rentable SF. How the footprint of the
building will be split up among income generating uses is still to be
determined by Rose Community Development and the project partners.
Demographic and Economic Trends
The Wikman-Arleta Study Area consists of approximately 2 square miles
surrounding the Wikman-Arleta Building. The Wikman-Arleta Study Area
is made of eight U.S. Census Tracts (4.01, 4.02, 5.01, 5.02, 7.01, 7.02, 8.01,

4. The Wikman-Arleta Building Market Analysis
Prepared by: Alison Wicks, Portland State University
For: ROSE Community Development & Project Partners
August 2012
and 8.02). When possible the Wikman-Arleta Study Area is compared to the
Portland Metropolitan Statistical Area (MSA) average. When appropriate the
Portland MSA is compared to the U.S. national average.
Population Growth: The Portland MSA saw a 10% population growth from
2000-2010, growing from a household population of 514,129 to 566,022.
While over the same time period the Wikman-Arleta Study Area only saw a
1% population growth from 2000-2010, growing slowly from a household
population of 32,732 or 33,060.
Age: The biggest differences in age makeup between the Wikman-Arleta
Study Area and the Portland MSA are in 25-40. The Wikman-Arleta Study
Area has 3%-6% more young adults in this age range than the Portland MSA
averages. The study area also has lower percentages of children ages 5-19
than the Portland MSA averages.
Wikman-Arleta Study Area Demographics Wikman-Arleta Study Area
Population by age group Portland
85+
80-84
75-79
70-74
65-69
60-64
55-59
50-54
Age group
45-49
40-44
35-39
30-34
25-29
20-24
15-19
10-14
5-9
0-4
0% 2% 4% 6% 8% 10% 12%
Percent of toal population
Income: The Wikman-Arleta Study Area has higher proportions of the
population in income brackets under $100,000. While In the highest income
brackets the Wikman-Arleta Study Area trail the Portland region.

5. The Wikman-Arleta Building Market Analysis
Prepared by: Alison Wicks, Portland State University
For: ROSE Community Development & Project Partners
August 2012
Wikman Arleta Study Area Demographcis Wikman Arleta Study Area
Income Portland
$200,000 or more
$150,000 to $199,999
$100,000 to $149,999
$75,000 to $99,999
$50,000 to $74,999
$35,000 to $49,999
$25,000 to $34,999
$15,000 to $24,999
$10,000 to $14,999
Less than $10,000
0% 5% 10% 15% 20% 25%
Portland
Wikman-Arleta Study Area Demographics
Job Growth, Portland and US Metropolitan Area average US Metropolitan Area
Average
4.0
3.0
2.0
1.0
0.0
2002 2003 2004 2005 2006 2007 2008 2009 2010 2011
-1.0
-2.0
-3.0
-4.0
-5.0
-6.0
-7.0

6. The Wikman-Arleta Building Market Analysis
Prepared by: Alison Wicks, Portland State University
For: ROSE Community Development & Project Partners
August 2012
Median Income: The Median income for the Study Area is 48,935. Median
household income in the Portland Metro Area is 56,275.
Job Growth: The Portland metro area job growth trends with the U.S. national
averages, but with a greater level of fluctuations. Portland will see higher
gains and deeper losses. Since 2009, both the U.S. and Portland have see job
growth, with Portland slightly outpacing the U.S. average in 2011.
Industry Trends: In addition, both the Retail Trade and the Professional
Services industries have seen growth in the Portland MSA between June
2011 and June 2012. The Professional Services industry includes architects,
engineers, designers, lawyers, real estate brokers, software developers.
Wikman-Arleta Study Area Demographics
Percent change in total employment by industury, Portland MSA
June 2011- June 2012
Educational services 5.2
Retail trade 2.5
Durable goods 1.9
Computer and electronic product manufacturing 1.7
Professional and business services 1.1
Health care and social assistance 1
Total nonfarm employment 1
Manufacturing 0.6
Government -2.2
-4% -2% 0% 2% 4% 6%
Market Supply
Comparable retail, office and event spaces were chosen because of their
proximity to the Wikman-Arleta building and for their physical similarities.
Information for three retail comparable spaces was acquired via a Cushman
Wakefield Co-Star report. Information for two office comparable spaces was
found via craigslist.org. And information on two event space rentals was
acquired from location websites and over-the-phone interviews.

7. The Wikman-Arleta Building Market Analysis
Prepared by: Alison Wicks, Portland State University
For: ROSE Community Development & Project Partners
August 2012
1. SE Rural Retail 7036 SE 52nd Ave, Portland, Oregon
This two story historic freestanding building, at the corner of, has two ground
1
floor retail spaces available. The building was built in 1937 and is zoned for
Neighborhood Commercial 2. The site is approximately 2 miles south of the
Wikman-Arleta Building, on the corner of two quiet neighborhood streets, SE
52nd Ave and SE Rural. The two available retail spaces are listed as 900 sf and
1,000 sf, each at $12.00 Rent/SF/Yr plus utilities. The Wikman-Arltea Building is
on a more active corner than this location.
2. Foster Plaza Retail 6400-6420 SE Foster Rd, Portland, Oregon
This one story retail Strip Center is located 2 blocks from the Wikman-Arleta 2
Building. It has three storefront retail spaces available that face onto Foster
Ave. The center was built in 1932 and is zoned for Storefront Commercial. The
three available retail spaces range from 1,100 SF to 1,700 SF and in $10.56 SF/
yr - $13.08 SF/Yr triple net. In a triple net lease the tenant agrees to pay all
the real estate taxes, building insurance and maintenance on the property in
addition to any typical fees such as rent and utilities.
3. North Foster Retail 5134-5136 SE Foster Rd, Portland, Oregon
This one story freestanding building is located under 1 mile from the Wikman-
Arleta building near the corner of SE Foster Rd and SE 52nd Ave. It has one 3
2,800 SF retail space available that fronts onto busy Foster Ave. The building
was built in 1927 and is zoned General Commercial. The retail space is listed at
$13.20 SF/Yr plus utilities.
4. Heart of Foster Office 6510 SE Foster Rd, Portland, Oregon
This office space for rent is located on the second floor of a retail/office
building on Foster Rd. The building is four blocks from the Wikman-Arleta
Building near Laurelwood Park. The building was built in 1910 and has a
ground floor restaurant. The office space is listed as $495 per month for 337
SF and includes garbage, water and sewer, recycling, electricity and taxes. This 4
equates to $8.15 SF/Yr with utilities included.
5. Creative Lents Office 7916 SE Foster Rd, Portland, Oregon
The Creative Lents office space offers 5,600 SF of leasable space. The building
consists of a large open area, 3 private offices and a conference room. This
stand-alone office building is located the intersection of SE Foster Rd and
79th Ave and it has its own onsite parking lot. The office building is listed at
$6.43/SF/Yr with a triple net lease of $3.00 SF/Yr.
6. Mt. Scott Community Center Events 5530 SE 72nd Ave, Portland, Oregon
The Mt. Scott Community Center is a Portland Parks and Recreation facility
located in Mt. Scott park near SE 72nd Ave and SE Harold St. The Mt. Scott
Community Center is located approximately 1 mile north of the Wikman-

8. The Wikman-Arleta Building Market Analysis
Prepared by: Alison Wicks, Portland State University
For: ROSE Community Development & Project Partners
August 2012
Arleta building. The facility offers a variety of event space, including
5 swimming pool and roller rink rentals. The facility has three rooms that would
be appropriate for events of 20-50 people. Rental rates for these rooms are
$60-$80 per hour. It was suggested to reserve rooms up to 1-1.5 months in
advance.
7. Tabor Space Events 5441 SE Belmont, Portland, Oregon
Tabor Space is a non-profit coffee house and grass roots community center
located in the Mt. Tabor Presbyterian Church, at the corner of SE 51st Ave
and SE Belmont. The facility is located approximately two miles north of the
Wikman-Arleta Building. Tabor Space has two rental facilities comparable to
6 the Wikman-Arleta Building space, the Copeland Commons offers 1,600 at
$55 per hour for the first hour and Muir Hall which offers 1,025 SF at $25 for
the first hour. Both spaces offer rental rates on a declining scale for additional
rental hours. Tabor Space also offers rental packages and flat rental rates for
music bookings.
Map of Comparable Spaces
7
7
2
8 Wikman-Arleta
Building 3 4 5
6
1

9. The Wikman-Arleta Building Market Analysis
Prepared by: Alison Wicks, Portland State University
For: ROSE Community Development & Project Partners
August 2012
Site Address Age SF available Rent
1. SE Rural Retail 7036 SE 52nd Ave 1937 900 - 1,000 $12.00 Rent/SF/Yr + utilities’
SF
2. Foster Plaza 6400-6420 SE 1932 1,000 – $10.56 SF/yr - $13.08 SF/Yr
Retail Foster Rd 1,700 SF triple net
3. North Foster 5134-5136 SE 1927 2,800 SF $13.20 SF/Yr + utilities
Retail Foster Rd
4. Heart of 6510 se foster rd 1910 337 SF $8.15 SF/Yr utilities included
Foster Office
5. Creative Lents 7916 SE Foster rd 1941 5,600 SF $6.43/SF/Yr with a triple net
Office lease of $3.00 SF/Yr.
6. Mt. Scott 5530 SE 72nd Ave 1926 Event spaces $60-80 per hour
Community with capacity
Center Events 50+
7. Tabor Space 5441 SE Belmont St 1910 1,025 - 1,600 $25-55 per hour
Events SF
8. Wikman- 4420 SE 64th 1918 4,251 - 5,187
Arleta Building SF
Recommendations:
None of the Retail or Office comparable sites have the historic character of
the Carnegie-era Wikman-Arleta building. While, historic charm does not
always equate value in the rental market, the Wikman-Arleta Building could
reasonable rent retail space for $10-$13 per SF/Yr and office space for $6-$9
per SF/Yr. Both of the event space comparable sites on likely on par with the
experience the Wikman-Arleta building could provide. Given the novelty of
the building an hour rental could range from $25-$80 per hour.
If ROSE Community Development and its project partners are interested in
leaving a large portion of the rentable space in the Wikman-Arleta Building
as flexible space for community events, securing a small retail use should
become their priority. If ROSE Community Development and the project
partners are unable to find retail tenant, they can consider using the space
solely for office tenants, possibly in the form of a business incubator.

10. The Wikman-Arleta Building Market Analysis
Prepared by: Alison Wicks, Portland State University
For: ROSE Community Development & Project Partners
August 2012
Sources:
THA Architecture, Wikman Building (1204) PDC DOS Study Fee Proposal
Multnomah County, The Wikman Building/Arleta Library Surplus Report,
December 2011
Additional information gathered from:
U.S. Decennial Census, http://factfinder2.census.gov
Greater Portland Pulse, http://portlandpulse.org/
Cushman Wakefield, http://www.cushwake.com
Craigslist, http://portland.craigslist.org/
Mt. Scott Community Center, http://www.portlandonline.com
Tabor Space, http://taborspace.org/
ROSE Community Development, http://rosecdc.org/
The Wikman-Arleta Building Project, wikman-arleta.org