the station at othello park

Transcription

the station at othello park
THE STATION AT OTHELLO PARK
A NEW LINK LIGHT RAIL STOP
MIXED-USE DEVELOPMENT
MLK Jr. Way S & S Othello St.
Seattle, Washington
We are pleased to present to you The Station at Othello Park, a mixed-use development at MLK Jr. Way S. and
the Othello Station Light Rail Stop. The Station at Othello Park is the premiere retail & residential destination,
bringing together a transportation and pedestrian focused family neighborhood environment, where neighbors
gather, dine, shop and live. The Station at Othello Park has 12 retail suites at street level, ranging from 1,000 SF
to 3,500 SF, complimented by 351 Residential Units above.
Current retail tenants include: T-Mobile, Huarachitos Mexican Restaurant, Othello Teriyaki and Wok, Le’s Deli &
Bakery.
The Station at Othello Park is adjacent to Seattle’s $2.4 billion Sound Transit Light Rail System which is
now in operation from Seattle-Westlake Station to SeaTac-Airport Station, and expansion is under way
connecting to University of Washington and Capitol Hill. Seattle’s Sound Transit Light Rail System is expected to
reach 42,500 daily riders with its initial line from SeaTac-Airport to Downtown Seattle. Sound Transit’s
northern line to the University of Washington, now under construction, expects to add an additional 70,000
daily riders upon completion.
The Station at Othello Park’s immediate trade area is home to 50,000 residents, with an average household
income of $61,300; 32% of households have annual incomes over $75,000.
This busy urban intersection has over 33,000 cars / day and Light Rail stops every 7 minutes.
We look forward to discussing the opportunities available to you at The Station at Othello Park.
James F. Hamm
James.Hamm@commercial-development.com
(206) 352-1101
THE STATION AT OTHELLO PARK
ARIAL
Street Level Plan
The Station at Othello Park – Aerial
Othello
Station
North
Phase II
S. Othello Street
7-Acre
Othello Park
Playground
Pending
Pending
Suite
105-C
2,400
SF
Restaurant
Vent Shaft
Pending
Suite
105-D
1,295 SF
Suite 105-E Suite
+/-1,800 SF
Suite 105-B 1
105-F
1,196 SF
S Othello St.
Water
Feature
Pedestrian
Access
1,561 SF
Suite
Suite
Suite
111-B
111-A
111-C
1,006 1,104 SF
1,674 SF
SF
3
Parking
Entrance
Suite 105-A
2,200 SF
330 Parking
Stalls
Residential
MLK Jr.
Way S.
Pending
Leasing
Office
Lobby
Suite 130-B
1,590 SF
Restaurant
Vent Shaft
Up & Down
Ramps to
Parking
2
Suite 130-A
1,706 SF
Pedestrian Access
&
Fitness
Room
THE STATION AT OTHELLO PARK
RENT SCHEDULE
Available Suites
Suite
Tenant
Size
Rent
Rent/mo
105-A
T-Mobile
2,200
-
-
105-B
Pending
1,561
-
-
105-C
Le’s Deli and Bakery
2,400
-
-
105-D
Pending
1,535
-
-
105-E
Available
+/- 1,800
$24.00
$3,600 + NNN
105-F
Pending
1,196
-
-
111-A
1,006
$24.00
$2,012 + NNN
2,778
-
-
130-A
Available
Huarachitos
Cocina Mexicana
Teriyaki & Wok
1,706
-
-
130-B
Pending
1,590
-
-
111-B
Total
17,772 SF