11101 NE 9th Street Bellevue, WA · Located minutes from Seattle and accessible from major...
Transcript of 11101 NE 9th Street Bellevue, WA · Located minutes from Seattle and accessible from major...
11101 NE 9th StreetBellevue, WA
Urban life done right in downtown Bellevue
Tap an underserved marketIn the midst of a bustling downtown setting, Alley111 offers access to a built-in, diverse customer base including highly educated technology workers and high-income Alley111 residents. This foundation offers retailers access to a deep pool of target customers from sunrise to sunset and beyond.
The Alley represents a departure from the known Bellevue retail experience. Situated within a Class-A, 260-unit, twelve-story residential tower molded with European style, the Alley provides a compelling sense of arrival, easily accessible parking and neighborhood connectivity. Intentional indoor and outdoor settings provide space to pause, engage and unwind in a small-scale, tactile urban environment set in the heart of the vibrant retail landscape of the Bellevue CBD.
Located minutes from Seattle and accessible from major thoroughfares, Alley111 is surrounded by 45,000 daytime employees with Microsoft, Expedia, Paccar, Symetra, and Puget Sound Energy among others. Downtown Bellevue is home to the Bellevue Arts Museum and the Meydenbauer Center (located steps from the project); two key arts and convention venues. With 60% job growth between 2004-2012 and substantial new office and residential development in process or planned, demand for new retail offerings will only increase.
Alley111 is prominently located in one of the wealthiest zip codes in the nation. Bellevue continues to witness a demographic shift towards greater diversity and internationalism, with a dramatic decrease in the average downtown resident age from 57
to 34 over the past decade. Bellevue retail benefits from the buying power of millions of annual visitors, 2,400 hotel rooms at the Westin and Hyatt among others and the impact of the Bellevue collection; one of the nation’s premier destination retail centers that draws thousands from across the region daily. The downtown Bellevue restaurant scene continues to evolve to accommodate the modern demand and preferences of customers who live and work on the Eastside. Alongside established restaurants such as Bis on Main and Daniels, new offerings have emerged over the past 10 years to capitalize on growing demand, including Seattle transplants Purple Café and Wine Bar, Trophy Cupcakes, Top Pot Doughnuts, Black Bottle, Wild Ginger and Monsoon among others.
Compelling market
B E L L E V U E T R A N S I T C E N T E R
NE 8TH ST
NE 10TH ST
NE 12TH ST
11
6T
H A
VE
NE
10
8T
H A
VE
NE
10
6T
H A
VE
NE
BE
LLEV
UE
WA
Y
110TH A
VE N
E
112TH A
VE N
E
NE 4TH ST
NE 2ND ST
MAIN ST
B E L L E V U E
S Q U A R E
S A F E W A Y
L I N C O L NS Q U A R E
D O W N T O W NP A R K
P E D E S T R I A N C O R R I D O R
B E L L E V U EP L A C E
G R O U PH E A L T H
W H O L EF O O D S
L I N C O L NS Q U A R E I I
B E L L E V U EA R T S
M U S E U M
C I T YH A L L
O V E R L A K EM E D I C A LC E N T E R
B E L L E V U E
L A K E
10
0T
H A
VE
NE
R O B E R T E M C C O R M I C K P A R K
A T T H E B R A V E R NT H E S H O P S
M E Y D E N B A U E RC E N T E R
16
151. Microsoft2. Expedia3. Symetra4. Paccar5. Eddie Bauer6. Puget Sound Energy7. Concur Technologies8. Valve9. Drugstore.com10. Market Leader11. Bungie Studios
12. Key Bank13. Caradigm14. CH2M Hill15. Trip Advisor16. HDR Engineering17. Motorcity18. Apptio19. Blucora20. Oracle21. Ebay22. HNTB Corporation
Major employers near Alley 111
FUTURE EAST LINK LIGHT RAIL
1 5
4
11
3
7
1712
920 21
2
1
6
10
1
19 18
14
131
2 8
22
Where Northwest meets modern
Option ARetail Space Configuration: OPTION A
Option BRetail Space Configuration: OPTION B
SUITE C1,360 SF
SUITE D1,879 SF
SUITE B2,040 SF
SUITE A740 SF
NE
9TH S
TRE
ET
52’
RETAIL PARKING
ADDITIONALRETAIL
PARKING
BIKE STORAGE
ELEVATORSLOADING
DOCKTRASH
GREASE EXHAUSTSHAFT TO ROOF
NE 110TH STREET
NE
8TH
STR
EE
T
LOBBYENTRANCE
RETAIL SIGN
FIRE PIT
DE
LIV
ER
Y A
CC
ES
S
GA
RA
GE
EN
TRA
NC
E
TO
ELEM
ENTS
RETAIL ENTRANCE
32’
130’
FITNESSCENTER
LOBBY
RETAIL SPECIFICATIONS:• Ceiling height in Suites B, C & D: 14’ 11”• Ceiling height in Suite A: 17’ 5”• Deliveries and waste disposal at loading dock• Utilities stubbed to grid line 3• 780 SF of covered outdoor seating [6’ x 130’]
LEASING
RE
STR
OO
MS
3 3
ENTRANCEENTRANCE
SUITE C1,360 SF
SUITE D1,879 SF
SUITE B2,040 SF
SUITE A740 SF
NE
9TH S
TRE
ET
52’
RETAIL PARKING
ADDITIONALRETAIL
PARKING
BIKE STORAGE
ELEVATORSLOADING
DOCKTRASH
GREASE EXHAUSTSHAFT TO ROOF
NE 110TH STREET
NE
8TH
STR
EE
T
LOBBYENTRANCE
RETAIL SIGN
FIRE PIT
DE
LIV
ER
Y A
CC
ES
S
GA
RA
GE
EN
TRA
NC
E
TO
ELEM
ENTS
RETAIL ENTRANCE
32’
130’
FITNESSCENTER
LOBBY
RETAIL SPECIFICATIONS:• Ceiling height in Suites B, C & D: 14’ 11”• Ceiling height in Suite A: 17’ 5”• Deliveries and waste disposal at loading dock• Utilities stubbed to grid line 3• 780 SF of covered outdoor seating [6’ x 130’]
LEASING
RE
STR
OO
MS
3 3
ENTRANCEENTRANCE
Retail Site Plan
PROJECT D ETAILS
AREAUp to 5,279 sq. ft. (suites B, C and D) with the
ability to vent for a type 1 hood
ASKING RENT $36.00 per sq. ft + NNN
NNN $7.50 per sq. ft.
TENANT IMP ROVEMENTS Negotiable
PROJECT COMPLET IONSeptember 2015
(Tenant TI’s to start June 2015)
PARKING 40 parking spaces available for retail patrons
2014 DEMOGRAPHICS 1/2 M ILE 1 M ILE 3 M ILE
POPULATION 7,060 17,423 85,964
DAYTIME POPULAT ION 22,288 76,511 232,768
AVG. HH INCOME $95,571 $99,702 $112,272
Fo r more i n fo rmat ion p lease contac t :
ANN MARIE KOEHLER+1 206 607 1797
ERIKA KOEHLER +1 206 607 1795
J LL | 601 Un ion S t ree t , Su i te 1 100 | Seat t l e , WA 98101 | www. j l l .com /se at t l e
Although information has been obtained from sources deemed reliable, Owner, Jones Lang LaSalle, and/or their representatives, brokers or agents make no guarantees as to the accuracy of the information contained herein, and offer the Property without express or implied warranties of any kind. The Property may be withdrawn without notice. If the recipient of this information has signed a confidentiality agreement regarding this matter, this information is subject to the terms of that agreement. ©2014. Jones Lang LaSalle. All rights reserved.