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URBAN COMMERCIAL PARTNERS PRESENTS DEVELOPMENT SITE

8751 14TH AVE NW, 9,127 SF LR2 (M1)

LR2/M1 ZONED | CROWN HILL | $1,200,000 SALE COMPARABLES

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SUBJECT PROPERTY 8751 14th Ave NW 9045 Mary Ave NW 8509 16th Ave NW Sale Price: $1,200,000 Sale Price: $1,500,000 Sale Price: $1,100,000 Lot SF: 9,127 Lot SF: 8,205 Lot SF: 5,000 Zoning: LR2 (M1) Zoning: LR2 Zoning: LR2 Price/SF: $131.48 Price/SF: $183 Price/SF: $220 CAP Rate: 3.09% Sale Date: 04/12/18 Sale Date: 08/16/2018

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9203 14th Ave NW & 9202 Mary Ave NW 8034 Mary Ave NW 8747 14th Ave NW Sale Price: $2,520,000 Sale Price: $970,000 Sale Price: $1,100,000 Lot SF: 17,610 Lot SF: 7,620 Lot SF: 8,712 Zoning: LR1 (M1) Zoning: LR1 (M1) Zoning: LR2 (M1) Price/SF: $143 Price/SF: $127 Price/SF: $127 Sale Date: 04/12/19 Sale Date: 04/16/19 Sale Date: 07/23/18

2 URBAN COMMERCIAL PARTNERS TOWNHOUSE SALE COMPARABLES

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8507 14TH AVE NW 8364 12TH AVE NW 8356 12TH AVE NW Sale Price: $740,000 Sale Price: $679,950 Sale Price: $679,000 Year Built: 2016 Year Built: 2019 Year Built: 2019 SF: 1,600 SF: 1,280 SF: 1,280 $/SF: $462.50 $/SF: $531.21 $/SF: $530.47 Parking: Garage Parking: Off Street Parking: Off Street Sale Date: 03/29/19 Sale Date: 08/06/19 Sale Date: 09/01/19 4 5 6

7524 15TH AVE NW #F 9515 8TH AVE NW #B 8380 LOYAL WAY NW Sale Price: $704,000 Sale Price: $615,000 Sale Price: $899,950 Year Built: 2019 Year Built: 2018 Year Built: 2019 SF: 1,410 SF: 1,255 SF: 1,845 $/SF: $499.29 $/SF: $490.04 $/SF: $487.78 Parking: Garage Parking: Off Street Parking: Garage Sale Date: 09/09/19 Sale Date: 03/26/19 Sale Date: 06/04/19

3 URBAN COMMERCIAL PARTNERS SUROUNDING PARKS

4 URBAN COMMERCIAL PARTNERS CROWN HILL NEIGHBORHOOD

5 URBAN COMMERCIAL PARTNERS POPULATION

Seattle POPULATION INCREASE Population Growth NUMBER 1 THIS DECADE

Seattle is the Largest City on the . State Office of Financial Management (OFM) confirms the City of Seattle had around 747,300 people living in the City limits alone as of April 2019. This is a 2.3% increase from the previous year.

US Census Data shows 15,354 people moved to Seattle in the last year. 2018 was the third consecutive year that Seattle added more population than all of the King County suburbs that surround the City.

The Emerald City has also ranked among the top 5 fastest growing big cities for six consecutive years. While the population increase has slowed a little, since 2010 Seattle has grown in population by 22%

6 URBAN COMMERCIAL PARTNERS EMPLOYMENT

BUSINESS Seattle is home to many globally recognized companies headquartered in the region, including: , Boeing, , Expedia, , , , Airlines, REI and . The Port of Seattle is a major gateway for trade with Asia and cruises to Alaska. Forbes ranked Seattle as the #1 Best Place for Business and Careers last year. Seattle consistently ranks as one of the most educated cities in the nation with 56% of residents having at least a Bachelor’s Degree.

WAGES Employees in Seattle earn an average of $111,397. The most popular occupations in Seattle are in the Tech Industry which pays between $100,633 and $155,000 per year. Some popular Seattle industries include Information Technology, Construction, Healthcare, & Wholesale, Finance, Insurance and Real Estate. The most popular employers in Seattle are Amazon, Microsoft, Boeing, Nordstrom, Facebook and Zillow. Since 2012, the Puget Sound area has consistently created between 40,000 and 70,000 new jobs year over year. The diversity of employment, as well as the concentration of high-wage-earning jobs, consistently tops the rest of the nation.

7 URBAN COMMERCIAL PARTNERS EMPLOYMENT MAP— SEATTLE

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1 GATES FOUNDATION 10 19 DOCUSIGN / VERSIVE 2 GOOGLE / SALESFORCE / ADOBE 11 HOMESTREEK BANK / APPLE 20 DELOITTE 3 FACEBOOK 12 PwC 21 PITCHBOOK / CRAY / HEPTIO 4 AMAZON CAMPUS 13 GROUPON 22 ERNST & YOUNG 5 FRED HUTCH 14 UBER 23 F5 NETWORKS 6 KPMG 15 MOZ 24 ORACLE 7 NORDSTROM HQ 16 ATOSA GENETICS 25 DROPBOX / RHAPSODY / IOACTIVE 8 ORACLE / 17 INDEED, INC 9 RUSSEL INVESTMENTS / ZILLOW / JP MORGAN CHASE 18

8 URBAN COMMERCIAL PARTNERS OFFERING GUIDELINES

Please submit all offers directly to Dane Erickson at Urban Commercial Partners. Offers should be in the form of a Signed Letter of Intent (LOI) or Signed Purchase and Sale Agreement (PSA). At a minimum, kindly include the following information:

• Purchase Price

• Earnest Money Amount

• Deposit Schedule of Earnest Money DANE ERICKSON

• Contingencies, if any Associate Broker

• Closing Date 206.769.2013 [email protected] • Source of Equity

All square footage references are approximations. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty, or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

9 URBAN COMMERCIAL PARTNERS