announcing: new retail for lease€¦ · s ferdinand st s hudson st 38th ave s 39th ave s 37th ave...

5
For more information call: (206) 283-5212 DISCLAIMER: The above information has been secured from sources believed to be reliable, however, no representations are made to its accuracy. Prospective tenants or buyers should consult their professional advisors and conduct their own independent investigation. Site plan and configuration are subject to change. Properties are subject to change in price and/or availability without notice. West Coast Commercial Realty, LLC WestCoast Commercial R E A L T Y COLUMBIA CITY APARTMENTS - RETAIL Tiffini Connell w Sandy Pody w Carol Pugh 2101 Fourth Avenue, Suite 920 - Seattle, WA 98121 www.wccommercialrealty.com ANNOUNCING: NEW RETAIL FOR LEASE 3717 S. Alaska Street w Seattle, WA 98118 Lake Union Partners announces the development of a modern community rooted in the shared vision of design integrity and sensitivity to this historic, dynamic and treasured neighborhood. Anchored by 240 apartment homes, the project is positioned in the heart of Columbia City, straddling the heavily-traveled arterials of Rainier Avenue South and South Alaska Street, and acting as a bridge to join the communities of Seward Park, Hillman City, Beacon Hill and Mt. Baker. Community residents will be just four miles from downtown Seattle by car, and the Columbia City Light Rail Station is a six minute walk from the site. The 93 Walk Score for 3717 South Alaska Street makes it a Walker’s Paradise. The area boasts a higher average percentage of families than Greater Seattle as a whole, (42% vs. 37%), a thriving Pedestrian Business District, and an overall diverse, creative and professional community. The site is further tightly knit into the community due to its direct proximity to the well-loved Rainier Play Fields and Rainier Community Center, and the Columbia Park and Library, both directly across S. Alaska St. and Rainier Ave. S. respectively. Individuals, couples and families work, visit and live together here in a neighborhood that cherishes and preserves the ethnic, creative and cultural diversity that serves as its backbone. Project completion estimated for late 2019, retail leasing options available now.

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Page 1: ANNOUNCING: NEW RETAIL FOR LEASE€¦ · S Ferdinand St S Hudson St 38th Ave S 39th Ave S 37th Ave S Pedestrian Business District C OFF E E S T A R B U C K S e S ... sti ll stands

For more information call:

(206) 283-5212

DISCLAIMER: The above information has been secured from sources believed to be reliable, however, no representations are made to its accuracy. Prospective tenants or buyers should consult their professional advisors and conduct their own independent investigation. Site plan and configuration are subject to change. Properties are subject to change in price and/or availability without notice. West Coast Commercial Realty, LLC

WestCoastCommercial

R E A L T Y

COLUMBIA CITY APARTMENTS - RETAIL

Tiffini Connell w Sandy Pody w Carol Pugh2101 Fourth Avenue, Suite 920 - Seattle, WA 98121www.wccommercialrealty.com

ANNOUNCING: NEW RETAIL FOR LEASE3717 S. Alaska Street w Seattle, WA 98118Lake Union Partners announces the development of a modern community rooted in the shared vision of design integrity and sensitivity to this historic, dynamic and treasured neighborhood. Anchored by 240 apartment homes, the project is positioned in the heart of Columbia City, straddling the heavily-traveled arterials of Rainier Avenue South and South Alaska Street, and acting as a bridge to join the communities of Seward Park, Hillman City, Beacon Hill and Mt. Baker.

Community residents will be just four miles from downtown Seattle by car, and the Columbia City Light Rail Station is a six minute walk from the site. The 93 Walk Score for 3717 South Alaska Street makes it a Walker’s Paradise. The area boasts a higher average percentage of families than Greater Seattle as a whole, (42% vs. 37%), a thriving Pedestrian Business District, and an overall diverse, creative and professional community. The site is further tightly knit into the community due to its direct proximity to the well-loved Rainier Play Fields and Rainier Community Center, and the Columbia Park and Library, both directly across S. Alaska St. and Rainier Ave. S. respectively.

Individuals, couples and families work, visit and live together here in a neighborhood that cherishes and preserves the ethnic, creative and cultural diversity that serves as its backbone. Project completion estimated for late 2019, retail leasing options available now.

Page 2: ANNOUNCING: NEW RETAIL FOR LEASE€¦ · S Ferdinand St S Hudson St 38th Ave S 39th Ave S 37th Ave S Pedestrian Business District C OFF E E S T A R B U C K S e S ... sti ll stands

For more information call:

(206) 283-5212

WestCoastCommercial

R E A L T YDISCLAIMER: The above information has been secured from sources believed to be reliable, however, no representations are made to its accuracy. Prospective tenants or buyers should consult their professional advisors and conduct their own independent investigation. Site plan and configuration are subject to change. Properties are subject to change in price and/or availability without notice. West Coast Commercial Realty, LLC

S Alaska St

S Angeline St

S Edmonds St

S Ferdinand St

S Hudson St39

th A

ve S

38th

Ave

S

37th

Ave

S

Pedestrian Business District

COFFEE

ST

ARBUCKS

Rainier Ave S

Rainier Community CenterRainier Play�eld

Colu

mbi

a Pa

rk

Angeline Apartments

Bank of America

COLUMBIA CITY

Columbia CityBranch Library

COLUMBIA CITY APARTMENTS - RETAIL

599

90

167

SEATTLE CBD

CAPITOL HILL

BEACONHILL

COLUMBIA CITY SEWARD PARK

HILLMANCITY

RAINIERVISTA

MT. BAKER

Tiffini Connell w Sandy Pody w Carol Pugh2101 Fourth Avenue, Suite 920 - Seattle, WA 98121www.wccommercialrealty.com

Page 3: ANNOUNCING: NEW RETAIL FOR LEASE€¦ · S Ferdinand St S Hudson St 38th Ave S 39th Ave S 37th Ave S Pedestrian Business District C OFF E E S T A R B U C K S e S ... sti ll stands

For more information call:

(206) 283-5212

WestCoastCommercial

R E A L T Y

DISCLAIMER: The above information has been secured from sources believed to be reliable, however, no representations are made to its accuracy. Prospective tenants or buyers should consult their professional advisors and conduct their own independent investigation. Site plan and configuration are subject to change. Properties are subject to change in price and/or availability without notice. West Coast Commercial Realty, LLC

Tiffini Connell w Sandy Pody w Carol Pugh2101 Fourth Avenue, Suite 920 - Seattle, WA 98121www.wccommercialrealty.com

26multi family equity raise/joint venture opportunity

SUBMARKET OVERVIEW

COLUMBIA CITYColumbia City is an historic neighborhood of Seatt le. Located in the Rainier Valley southeast of Downtown Seatt le between Interstate 5 and Lake Washington, it is an urban village brimming with personality and rising in popularity. Originally incorporated in 1893 and annexed by the City of Seatt le in 1907, Columbia City expanded rapidly in the early 1900s. Economic growth stemming from a combinati on of logging and the railroad led to a boom in local building. Much of the constructi on from this period sti ll stands along Rainier Avenue South within the neighborhood’s historic, walkable core. A modern incepti on of the railroad, known as the Link Light Rail, has reconnected the neighborhood with its roots and enhanced local accessibility.

COLUMBIA CITY LIGHT RAIL

STATION

COLUMBIA CITY NEIGHBORHOOD

3717 SOUTH ALASKA STREET

BUS STOPS

RAINIER PLAYFIELD

SOUTH ALASKA STREET

RAINIER AVE SO

UTH

PCC NATURAL MARKETS

NORTH

HISTORICLANDMARK

DISTRICT

One of the “10 Best Neighborhoods in Seatt le.”

- Seatt le Met, 2015

26multi family equity raise/joint venture opportunity

SUBMARKET OVERVIEW

COLUMBIA CITYColumbia City is an historic neighborhood of Seatt le. Located in the Rainier Valley southeast of Downtown Seatt le between Interstate 5 and Lake Washington, it is an urban village brimming with personality and rising in popularity. Originally incorporated in 1893 and annexed by the City of Seatt le in 1907, Columbia City expanded rapidly in the early 1900s. Economic growth stemming from a combinati on of logging and the railroad led to a boom in local building. Much of the constructi on from this period sti ll stands along Rainier Avenue South within the neighborhood’s historic, walkable core. A modern incepti on of the railroad, known as the Link Light Rail, has reconnected the neighborhood with its roots and enhanced local accessibility.

COLUMBIA CITY LIGHT RAIL

STATION

COLUMBIA CITY NEIGHBORHOOD

3717 SOUTH ALASKA STREET

BUS STOPS

RAINIER PLAYFIELD

SOUTH ALASKA STREET

RAINIER AVE SO

UTH

PCC NATURAL MARKETS

NORTH

HISTORICLANDMARK

DISTRICT

One of the “10 Best Neighborhoods in Seatt le.”

- Seatt le Met, 2015

COLUMBIA CITY APARTMENTS - RETAIL3717 S. Alaska Street w Seattle, WA 98118

Page 4: ANNOUNCING: NEW RETAIL FOR LEASE€¦ · S Ferdinand St S Hudson St 38th Ave S 39th Ave S 37th Ave S Pedestrian Business District C OFF E E S T A R B U C K S e S ... sti ll stands

WestCoastCommercial

R E A L T YDISCLAIMER: The above information has been secured from sources believed to be reliable, however, no representations are made to its accuracy. Prospective tenants or buyers should consult their professional advisors and conduct their own independent investigation. Site plan and configuration are subject to change. Properties are subject to change in price and/or availability without notice. West Coast Commercial Realty, LLC

For more information call:

(206) 283-5212

COLUMBIA CITY APARTMENTS - RETAIL

S Edmonds St

S Ferdinand St

39th

Ave

S

Rainier Ave S

Rainier Play�eld

Columbia Park

S Oregon St

Rainier Ave S

35th

Ave

S

42nd

Ave

S

Rainier Community Center

S Angeline St

S Alaska St6 minute walk

S Alaska St

Columbia City Station

Martin Luther King Jr W

ay S

Je�erson Park Golf Course

Beacon Ave S

Rainier Ave S

S Genesee St

Air

port

Way

S

47th Ave S

42nd Ave S

38th Ave S

S McClellan St

S Spokane St

BEACONHILL

COLUMBIA CITY

RAINIERVISTA

23rd

Ave

S

Lake Washi n gton Blvd S

3.3 MILES TO THE I-5 ON RAMP3.3 MILES TO THE I-5 ON RAMP

5

5

S Columbian Way

S Columbian WayS Alaska StS Alaska St

Easy access to public transportation and I5 North or South!

Tiffini Connell w Sandy Pody w Carol Pugh2101 Fourth Avenue, Suite 920 - Seattle, WA 98121www.wccommercialrealty.com

S. Alaska Street serves as the gateway to

public transportation and I5, making this an easily accessible urban neighborhood with a

small-community feel.

Page 5: ANNOUNCING: NEW RETAIL FOR LEASE€¦ · S Ferdinand St S Hudson St 38th Ave S 39th Ave S 37th Ave S Pedestrian Business District C OFF E E S T A R B U C K S e S ... sti ll stands

WestCoastCommercial

R E A L T YDISCLAIMER: The above information has been secured from sources believed to be reliable, however, no representations are made to its accuracy. Prospective tenants or buyers should consult their professional advisors and conduct their own independent investigation. Site plan and configuration are subject to change. Properties are subject to change in price and/or availability without notice. West Coast Commercial Realty, LLC

For more information call:

(206) 283-5212

DEMOGRAPHICS 1-Mile 3-Mile 5-MileAverage HH Income $91,546 $98,756 $97,530Residents 25,142 109,262 358,013Employees 6,066 81,678 351,024

AVERAGE DAILY TRAFFIC COUNTS

24,000+ Vehicles Per Day at Rainier Ave S and S Alaska St

COLUMBIA CITY APARTMENTS - RETAIL

11multifamily equity raise/joint venture opportunity

DEVELOPMENT DETAILS

BUILDING LAYOUTS

RETAIL B

RETAIL A

EAST BUILDING

WEST BUILDING

RETAIL C

EXISTING BUILDING EXISTING BUILDING

EXISTING BUILDING

COM

MER

CIA

L/

OFF

ICES

LIVE- WORK

LOWER RES

LOBBY

WEST RES LOBBY

RETAIL D

MAIN RES LOBBY/

LEASING

Rainier Ave South

South Alaska Street

NORTH

38th

Ave

Sou

th

RETAIL A

4,148 SF AVAILABLE

RETAIL C

5,421 SF AVAILABLE

RetailParkingEntrance

South Alaska Street

Rainier Avenue South

RETAIL D

840 SF AVAIABLE

PRIME RESTAURANT

SPACEWITH OUTDOOR DINING OPTIONS

(will divide)

RESIDENTIAL

RESIDENTIAL

RAINIER AVE S

S ALASKA ST

38th

Ave

nue

Sout

h

RETAIL B

14,505 SF AVAILABLE

Tiffini Connell w Sandy Pody w Carol Pugh2101 Fourth Avenue, Suite 920 - Seattle, WA 98121www.wccommercialrealty.com

COMMERCIAL MEZZANINE 2,991 SF

AVAILABLE

86 DEDICATED RETAIL PARKING STALLS

EXISTING BUILDING