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