la plaza - loopnet€¦ · la plaza shopping center la plaza interstate 5 516 99 proposed new link...

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MICHELLE ABBOTT 206.533.5094 [email protected] For Leasing: RETAIL FOR LEASE LA PLAZA SHOPPING CENTER La Plaza INTERSTATE 5 516 99 PROPOSED NEW LINK LIGHT RAIL STATION HIGHLINE COMMUNITY COLLEGE 30 TH AVE S S 236 TH ST PACIFIC HIGHWAY S MILITARY ROAD S PROPOSED NEW ROAD PROPOSED NEW ROAD HIGHLINE PLACE 239 UNITS MIXED-USE 23201 - 23325 PACIFIC HIGHWAY S, KENT-DES MOINES, WA 98188

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Page 1: La Plaza - LoopNet€¦ · la plaza shopping center la plaza interstate 5 516 99 proposed new link light rail station highline community college 30 th ve s s 236 th st y s ad s ad

MICHELLE [email protected]

For Leasing:

RETAIL FOR LEASE

LA PLAZA SHOPPING CENTER

La Plaza

INTERSTATE

5 516

99

PROPOSED NEW LINK LIGHT RAIL STATION

HIGHLINE COMMUNITY

COLLEGE

30TH AVE S

S 236 TH ST

PACIFIC HIGHWAY S

MILITARY ROAD S

PROPOSED NEW ROAD

PROPOSED NEW ROAD

HIGHLINE PLACE 239 UNITS MIXED-USE

23201 - 23325 PACIFIC HIGHWAY S, KENT-DES MOINES, WA 98188

Page 2: La Plaza - LoopNet€¦ · la plaza shopping center la plaza interstate 5 516 99 proposed new link light rail station highline community college 30 th ve s s 236 th st y s ad s ad

La Plaza Shopping Center23201 - 23325 PACIFIC HIGHWAY S, KENT-DES MOINES, WA 98188

MICHELLE ABBOTT206.533.5094 | [email protected] www.iwcre.com

Leasing Contact:The information herein 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. Properties are subject to change in price and/or availability without notice.

SUITE SF $/SF

23223† 2,550 $30

23301* 1,225 $26

23303* 2,100 $26

23311-B‡ 15,712 $15

AVAILABILITIES HIGHLIGHTS

» High visibility shopping center

» Centrally located between Seattle and Tacoma, serving Kent, Des Moines and Burien communities

» Immediate access to Interstate 5 and State Route 516

» Adjacent to proposed new Link Light Rail Station

» Triple nets of $8.52 PSF

FOR LEASE

FOR LEASE

FOR LEASE

† Built out as a Mexican restaurant

* Suites 23301 & 23303 can be combined for 3,775 SF

‡ Jr. anchor location; currently occupied, do not disturb tenant.

Procuring broker commissions of 3% of base rent for the first 5 years, 1.5% for additional years. To be eligible for commission, Broker must accompany prospective Lessee on initial tour.

Page 3: La Plaza - LoopNet€¦ · la plaza shopping center la plaza interstate 5 516 99 proposed new link light rail station highline community college 30 th ve s s 236 th st y s ad s ad

La Plaza Shopping Center23201 - 23325 PACIFIC HIGHWAY S, KENT-DES MOINES, WA 98188

MICHELLE ABBOTT206.533.5094 | [email protected] www.iwcre.com

Leasing Contact:The information herein 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. Properties are subject to change in price and/or availability without notice.

PACIFIC HIGHWAY SOUTH

KENT-DES M

OINES R

OAD

UW M

EDICINEKONIC

H’S

TERIYAKI

LUCKY

LIQUOR &

WIN

E

NAPNAP

CLI

P C

UT

SA

LON

PRO NAILS

SUITE 23219

-A

SU

ITE

23

223

SU

ITE

233

01

SU

ITE

23

30

3

SUITE 23311-B

Page 4: La Plaza - LoopNet€¦ · la plaza shopping center la plaza interstate 5 516 99 proposed new link light rail station highline community college 30 th ve s s 236 th st y s ad s ad

La Plaza Shopping Center23201 - 23325 PACIFIC HIGHWAY S, KENT-DES MOINES, WA 98188

MICHELLE ABBOTT206.533.5094 | [email protected] www.iwcre.com

Leasing Contact:The information herein 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. Properties are subject to change in price and/or availability without notice.

POPULATION 1 MILE 3 MILE 5 MILE

2023 Projection 17,744 98,802 225,718

2018 Estimate 16,506 91,330 209,084

Growth 2018-2023 7.50% 8.18% 7.96%

2018 Population Hispanic Origin 3,683 19,805 38,599

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2023 PROJECTION 6,712 38,875 87,387

2018 Estimate 6,229 35,833 80,702

Growth 2018 - 2023 7.75% 8.49% 8.28%

Growth 2010 - 2018 15.14% 21.23% 19.52%

Owner Occupied 3,102 17,357 41,765

Renter Occupied 3,127 18,476 38,938

2018 Average Household Income $70,009 $76,794 $79,812

DAYTIME EMPLOYMENT 1 MILE 3 MILE 5 MILE

Number of Businesses 453 2,843 8,718

Employees 4,701 38,187 113,198

CONSUMER SPENDING 1 MILE 3 MILE 5 MILE

2018 Total Specified Spending $150,262 $901,172 $2,092,295

2023 Projected Specified Spending $177,108 $1,069,476 $2,475,402