6,551 Sf Boutique Retail Available
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6,551 SF BOUTIQUE RETAIL AVAILABLE FIRST & PINE SEATTLE, WA LEASING CONTACTS: ANNE MARIE KOEHLER ERIKA KOEHLER 107 PINE STREET SEATTLE, WA View With Proposed Renovations - Trees on Pine Street removed for clarity Awnings - “Era Indigo” / “Cream” Stripes LUX RETAIL 1st & Pine June 14, 2017 G e n s l e r p.12 OPPORTUNITY IN SEATTLE’S NEWEST HOTEL Palihotel is located at the gateway to Seattle’s historic Pike Place Market along 1st Avenue at Pine Street in downtown Seattle. A significant renovation will transform a historic building into a luxury boutique hotel with exceptional retail at the ground level. The building’s visibility to many attractions downtown Seattle has to offer includes Pike Place Market, The Seattle Art Museum as well as downtown Seattle’s retail core and waterfront. Located directly across from the entrance to Pike Place Market, this one-of-a-kind opportunity for first class retail offers local and regional tenants the luxury to open adjacent to The Pike Place Market, home to over 10 million visitors annually. View With Proposed Renovations - Trees on Pine Street removed for clarity Awnings - “Era Indigo” / “Cream” Stripes PROJECT DETAILS 1st & Pine June 14, 2017 G e n s l e r p.12 RETAIL AVAILABLE 6,551 RSF $38 PSF (mezz) & ASKING RENT $55 PSF (retail) NNN’S $8.00 (estimated) TENANT IMPROVEMENTS Negotiable DELIVERY Q2 2018 BUILDING HIGHLIGHTS » 6,551 RSF for lease » Palihotel is a new hotel property located at the entrance to Seattle’s famous Pike Place Market » Pike Place Market visibility for new and established retailers » Excellent opportunity to join a unique and well-established retail mix on First Avenue » The property’s unique location affords easy access from downtown Seattle’s financial and retail districts with trendy restaurants, boutique retail shops and sought-after attractions Pine 1st & 2017 ESTIMATED DEMOGRAPHICS .25 miles .5 miles 1 mile 3 miles RESIDENTIAL POPULATION 4,705 12,856 51,550 205,933 DAYTIME POPULATION 28,929 122,054 244,597 427,383 MEDIAN HH INCOME $43,283 $52,215 $48,393 $65,462 AVERAGE HH INCOME $86,635 $89,268 $81,915 $101,422 NEIGHBORHOOD 96 HIGHLIGHTS » Downtown Seattle’s retail core, steps from the hotel, is home to national and local retail including Nordstrom’s WALKSCORE flagship store, Pacific Place shopping center, Westlake Center and Macy’s. 97 » Seattle’s iconic Pike Place Market sees more than 10 million overnight visitors annually. » The City’s new nearby waterfront TRANSIT SCORE project is currently in development and will feature parks, biking trails, direct water access and much more. 92 » 5.8 million SF of office, 1,108 residential units, and 8 hotels within 1/4 mile of Palihotel location. BIKE SCORE PINE STREET STREET RETAIL #1 1,195 SF LEVEL HOTEL LOBBY FIRST AVENUE RETAIL #2 1,723 SF RETAIL #3 756 SF RETAIL #1 RETAIL #1 1195(main SFlevel) RETAIL #4 1,249 SF RETAIL #1 RETAIL #2 MEZZ (main level) 439 SF HOTEL LOBBY RETAIL #2 MEZZ 399 SF RETAIL #3 (main level) RETAIL #3 MEZZ 269 SF MEZZ RETAIL #4 (main level) RETAIL #4 MEZZ LEVEL 521 SF NORTH W. Olympic Pl Highland Dr W. Roy St W. 2nd Ave Prospect St W. 1st Ave Queen Anne Ave Aloha St N. Bigalow Ave W. Roy St Ward St W. 5th Ave N. 1st Ave N. 3rd Ave W. 4th Ave Roy St N. Nobhill Ave N. 5th Ave Highland Dr Valley St N. Warren Ave N. Taylor Ave. Prospect St N. 2nd Ave Ward St N. Nobhill Ave W. 3rd Ave N. 3rd Ave Aloha St N. Aurora Ave BAGLEY N. 4th Ave W. 2nd Ave WRIGHT THEATRE N. Dexter Ave N. 5th Ave OPERA HOUSE N. Taylor Ave COLISEUM 99 N ARENA . W KEY ARENA Lake N. 6th Ave e W. 1st Ave Valley St s t l a Union k Queen Anne Ave SEATTLE e Roy St MEMORIAL A CENTER STADIUM v e N. 8th Ave CENTER HOUSE N. 1st Ave Bay St N. Warren Ave T SPACE Prospect St PACIFIC NEEDLE N. 2nd Ave SCIENCE Valley St N. Fairview Ave CENTER Ward St Eagle St Broad St N. 5th Ave Mercer St N. Taylor Ave Aloha St N. 6th Ave Valley St Roy St N. Minor Ave N. Yale Ave Broad St N. Dexter Ave N. Aurora Ave Republican St John St Clay St Thomas St Western Ave Harrison St Cedar St 21 N. 8th Ave E. Eastlake Ave. 22 N. 9th Ave Denny Way E. Bellevue Ave Vine St E. Roy St 10 9 Wall St N. Westlake Ave N. Boren Ave 9999 8th Ave 7th Ave E. Mercer St N. Terry Ave N. Fairview Ave Battery St 6th Ave Alaskan Way 43 5th Ave 9th Ave 4th Ave N. Minor Ave E. Republican St 42 3rd Ave 2nd Ave N. Pontius Ave Bell St 41 8 Terry Ave 401st Ave 35 N. Yale Ave Elliott Ave 5 4 39 19 E. Harrison St 32 Minor Ave 3 Howell St 20 Boren Ave 29 33 44 Blanchard30 St 6 7 Yale Ave 18 E. Bellevue Ave 16 E. Summit Ave 37 Loretta Pl E. ThomasE. Harvard St Ave Lenora St 34 31 38 South Lake Union Streetcar E. Belmont Ave Westlake Ave E. Boylston Ave 28 E. John St 27 2 ay Virginia St e W 26 17 liv Western Ave Stewart St Olive Way E. Melrose Ave O E. Howell St 12 25 1st Ave 1st Pine St 10 11 13 14 15 E. Denny Way 1 Metro Transit Tunnel Bellevue Ave E. Olive St 1 Crawford Pl 99 1 Pike St Summit Ave Pike Place Market Place Pike MASS TRANSIT 7 Market Place Pike E. Pine St 2 3 Ave 7th Broadway Link Light Rail Stop Nagle Pl 4 8 5 2 Union St 2nd Ave 2nd WA State Ferry Ave 3rd 13 Ave Terry 9th Ave 9th 14 Ave 6th Belmont Ave Water Taxi 1 Harvard Ave 3 Boylston Ave 12 E. Pike St 8 4 11 University St Ave 8th E. Union St Monorail 6 7 8 15 9 10 3 Interstate 5 2 6 3 Seneca St Boren Ave Boren Minor Ave Minor 99 2 Ave Summit Alaskan Way Viaduct 16 6 8 Ave Boylston 99 5 24 4 5 City Center Trolley 99 Spring St 17 1 7 20 9 4 18 Broadway South Lake 1 19 Madison St E. 10th Ave Union Streetcar E. 11th Ave 10 Proposed Streetcar 6 21 Marion St 22 5 Elliott Columbia St Bay 7 Cherry St E. Cherry St 9 23 Yesler Way James St 9 E. James Way S. Washington St Ave Boren 10 Jefferson St NORTH S. Main St E. Jefferson St S. Alaska Way Terrace St S. Jackson St S. King St Alder St E. 10th Ave S. 2nd Ave E. Alder St S. Washington St E. 11th Ave S. 3rd Ave S. 5th Ave Spruce St S. 1st Ave E. Spruce St E. Fir St S. Main St S. Occidental Ave Broadway S. King St 99 S. Weller St S. 4th Ave S. Jackson St S. 6th Ave S. Maynard Ave ay Royal Brougham Way S. 8th Ave W S. Airport Way S. 7th Ave a sk la S. Lane St . A S. King St S S. Dearborn St S. Weller St S. Charles St S. 1st Ave SAFECO FIELD S. Occidental Ave S. Plummer St S. Lane St S. 6th Ave S. 7thAve S. 4th Ave S. 6th Ave S.Airport Way 5 Blocks to Ferry Terminal 2 Blocks to Transit Tunnel 27 Bus Routes within blocks LOCAL AMENITIES MUSIC & ARTS EAT RETAIL 1 Can Can 1 Matt's at the Market 23 Al Boccalino 1 The North Face 2 STG’s Moore Theatre 2 Il Bistro 24 Heartland Provisions 2 Ellie Boutique 3 Crocodile 3 Maximilien 25 Pink Door 3 The Finerie 4 Tula’s Restaurant & Nightclub 4 Japonessa 26 Le Pichet 4 Kavu 5 Singles Going Steady 5 Wild Ginger 27 Cutters Crabhouse 5 Chrome 6 Cinerama Theatre 6 Lecosho 28 Etta’s Seafood 6 Fjall Raven 7 Dimitriou’s Jazz Alley 7 Von's 1000 Spirits 29 Queen City Grill 7 Watson Kennedy 8 Rendezvous 8 Diller Room 30 Spur 8 Target 9 Big Picture 9 The Brooklyn 31 Serious Pie 9 Sound Sports 10 Belltown Video 10 Purple Cafe 32 Frontier Room 10 Macy's 11 Capital Grille 33 Pintxo 11 Westlake Mall PLAY 12 Georgian 34 Dahlia Lounge 12 Design Within Reach 1 Pike Place Market 13 Fisherman's 35 ‘Ohana 13 Nordstrom Rack 2 Argosy Cruises 14 Crab Pot 36 Tia Lou 14 Nordstrom 3 Seattle Art Museum 15 Elliott’s Oyster House 37 Lola 15 Pacific Place 4 Seattle Public Library 16 Post Alley Pizza 38 Icon Grill 16 Patagonia 5 Columbia Tower 17 Nijo Sushi Bar & Grill 39 Umi Sake House 17 Federal Army & Navy Surplus 6 Benaroya Hall 18 Bookstore Bart Cafe 40 Local 360 18 Endless Knot 7 Seattle Aquarium 19 Blue Water Taco 41 Mama’s Mexican Restaurant 19 Seattle Custom Framing 8 Ferris Wheel 20 Ivar's 42 Wasabi Bistro 20 Kulhman 9 Pioneer Square 21 BOKA 43 Tavolata 21 Rite Aid 10 Smith Tower 22 Metropolitan Grill 44 Palace Ballroom 22 Chartreuse International 107 PINE STREET SEATTLE, WA For Retail Leasing Opportunities Contact: ANNE MARIE KOEHLER +1 206 607 1797 [email protected] ERIKA KOEHLER +1 206 607 1795 [email protected] Jones Lang LaSalle Brokerage, Inc. © 2017 Jones Lang LaSalle IP, Inc. All rights reserved.