to view Flyer. - CenturyPacific, LLLP

FOR
SALE
Contact
Katherine Laird
206.757.8892
katherinelaird@centurypacificlp.com
ROOSEVELT URBAN VILLAGE
Multi-Family Redevelopment Site
Accepting Offers
NC3/65 19,050 SF
6300 9th AVE NE
Seattle, WA 98115
www.CenturyPacificLP.com
1201 Third Ave, Suite 1680
Seattle, WA 98101
CenturyPacific, LLLP
Steven L. Wood
Managing Director
Tel. 206 757 8891
stevenwood@centurypacificlp.com
Katherine K. Laird
Executive Vice President
Tel. 206 757 8892
katherinelaird@centurypacificlp.com
Campbell Mathewson
Executive Vice President
Tel. 206 757 8893
cmathewson@centurypacificlp.com
Michael E. Finch
Vice President
Tel. 206 757 8895
michaelfinch@centurypacificlp.com
Contact
Katherine Laird
206.757.8892
katherinelaird@centurypacificlp.com
Page 1
www.CenturyPacificLP.com
1201 Third Ave, Suite 1680
Seattle, WA 98101
PROPERTY OFFERING MEMORANDUM
Dobrero, LLC, the owners of 6300 9th Avenue NE (the “Owners”), have engaged
CenturyPacific, LLLP (“CenturyPacific”) as real estate advisor and agent, on an
exclusive basis, in connection with a proposed Sale of the 19,050 SF property
located at 6300 9th Avenue NE in Seattle (the “Property”).
This Memorandum has been prepared based partly upon information furnished
by the Owners, who have reviewed it and authorized its use for the purpose and in
the manner described above. The Owners, CenturyPacific, shareholders, partners
and affiliates make no representations or warranties with regard to the accuracy or
completeness of the information contained herein. CenturyPacific has conducted
a limited review of the information referenced in this Memorandum, but has not
independently verified the accuracy or completeness thereof. CenturyPacific
does not represent or warrant the accuracy or completeness of the information
contained in this Memorandum. Nothing contained in this Memorandum should
be construed as a representation by any person as to the future possibilities or
performance of the Property.
EACH POTENTIAL BUYER IS EXPECTED TO AND MUST CONDUCT ITS OWN
DUE DILIGENCE.
CenturyPacific, LLLP
1201 Third Avenue, Suite 1680
Seattle, WA 98101
Contact
Katherine Laird
206.757.8892
katherinelaird@centurypacificlp.com
Page 2
www.CenturyPacificLP.com
1201 Third Ave, Suite 1680
Seattle, WA 98101
TABLE OF CONTENTS
I. INVESTMENT SUMMARY
4
Overview Site Summary
Property
Adjacent Property
Title Report
Environmental
Overview of Current Improvements
Property Sold “As-Is”
II. NEIGHBORHOOD
Location & Amenities
Nearby Employers
Access & Transportation
Roosevelt Station
6
III. DEMOGRAPHICS
8
IV. MAPS & PHOTOS
9
Property Photos
Neighborhood Map and Guide
V. DISCLAIMER
12
Contact
Katherine Laird
206.757.8892
katherinelaird@centurypacificlp.com
Page 3
www.CenturyPacificLP.com
1201 Third Ave, Suite 1680
Seattle, WA 98101
I. INVESTMENT SUMMARY
6300 9th Ave NE
OVERVIEW
The owners of 6300 9th Ave NE (“Owners”) are offering for sale a 19,050 SF redevelopment
property (“the Property”) in two tax parcels located on the corner of 9th Avenue NE and
NE 63rd Street in Seattle’s busy Roosevelt neighborhood. The Property is well located and
highly visible, with easy access to downtown via I-5. The Property is located within the
Urban Village Overlay and Station Area Overlay districts and is a five minute walk to the
new light rail station, Whole Foods, Starbucks and many restaurants and retail stores. The
Property is improved with the Seattle Healing Arts office building but the highest and best
use is redevelopment consistent with the underlying NC3/65 zoning.
SITE SUMMARY
Address: 6300 9th Ave NE
Seattle, WA 98115
Land Area: 19,050 SF
Parcel Numbers:
9221400435 (5080 SF)
9221400445 (13,970 SF)
Zoning: NC3/65
Green Lake/Roosevelt Urban Village Overlay
Roosevelt Station Overlay (SAO)
PROPERTY
The Property is located at the intersection of NE 63rd Street and 9th Avenue NE in the
Roosevelt neighborhood. The site is rectangular in shape, with approximately 150 linear
feet of frontage along 9th Avenue NE (north/south) and 127 linear feet of frontage on NE
63rd Street (east/west). At present, the combined tax parcels comprise 19,050 SF. The
Property is improved with a 23,595 SF, two-story office building commonly known as the
Seattle Healing Arts building. The offering includes the adjacent unimproved vacant tax
parcel.
Contact
Katherine Laird
206.757.8892
katherinelaird@centurypacificlp.com
Roosevelt Way NE
9th Ave NE
NE 64th St
NE 63rd St
Page 4
www.CenturyPacificLP.com
1201 Third Ave, Suite 1680
Seattle, WA 98101
INVESTMENT SUMMARY
6300 9th Ave NE
ADJACENT PROPERTY
ZONING
Roosevelt Way NE
9th Ave NE
The Owners, under a separate legal entity, also own the 22,860 SF lot across the street from
the Property (APN 9221400260). This separate lot is zoned LR2 and is within the SAO as well.
The Owners will entertain offers to acquire this separate parcel at the same time but the
current thinking is that theNE
this property
should be rezoned to a higher density, consistent
64th St
with the SAO designation, the City of Seattle 2035 Comprehensive Plan planning process
and the HALA (Housing Affordability and Livability Agenda) Committee recommendations
issued in 2015.
NE 63rd St
The Property is zoned NC3/65 by the City of Seattle, permitting a variety of residential and
commercial uses. Per the Seattle Municipal Code and the SAO designation, a residential
redevelopment would have a Base Floor Area Ratio (FAR), maximum FAR of 5.75 and a
maximum height of 65 feet.
TITLE REPORT
A current, preliminary title report issued by Old Republic Title Insurance Company will be
provided in the due diligence materials.
ENVIRONMENTAL
No known issues. Prospective purchasers should conduct their own environmental and other
due diligence.
OVERVIEW OF CURRENT IMPROVEMENTS
The Property is improved with a 23,595 SF, two story commercial office building located at
6300 9th Ave NE (APN 922140445). The NOI is approximately $395,000. Tenant leases will be
available for review during due diligence process. One long term lease with one of the owners and
will be terminated or renegotiated with a buyer. Seller believes the highest and best use of the
Property is as a development site even though there is current income.
SURVEY
Contact
Katherine Laird
206.757.8892
katherinelaird@centurypacificlp.com
The Seller is having a current boundary and topographic survey completed, which will
be available as part of the due diligence materials.
PROPERTY SOLD “AS IS”
The Property is offered for sale “AS IS” with no representations or warranties relating to
fitness of use, environmental condition or code compliance, etc. Seller encourages all
interested parties and buyers to conduct its own feasibility and environmental studies.
Page 5
www.CenturyPacificLP.com
1201 Third Ave, Suite 1680
Seattle, WA 98101
II.
NEIGHBORHOOD
6300 9th Ave NE
NEIGHBORHOOD
The Property is located in Seattle’s Roosevelt neighborhood, two blocks from the Roosevelt
Square retail center with Whole Foods, Starbucks, Dania Furniture, and several retail and
food establishments. Rain City Burgers, Pies and Pints and Toronado are some of the
popular eating and drinking establishments nearby. Roosevelt is located between the
Green Lake neighborhood and the University of Washington. Both are easy walking and
biking distance away, with many transportation options as well. When the light rail station
opens a few short blocks away at 11th Avenue NE and NE 65th Avenue, Roosevelt will be
THE place to live and play.
LOCATION & AMENITIES
The Roosevelt neighborhood is bounded on the north by 75th Avenue NE and Lake City
Way, Ravenna Blvd and Interstate 5 to the west, 15th Avenue NE to the east and 60th Street
NE to the south. Roosevelt is a community that has successfully blended residential and
commercial uses without losing the sense of neighborhood and home. The neighborhood’s
namesake, former President Theodore Roosevelt, spoke passionately about conservation
and preserving our natural gifts of land and water. Situated between Green Lake to
the northwest, Lake Washington to the east, and Lake Union to the south, Roosevelt is a
neighborhood blessed by natural features like Ravenna Boulevard, Cowen Park, Ravenna
Creek, and the Roosevelt Reservoir. Roosevelt is also one of the few neighborhoods with
educational options close by from primary grades, to high school, to college.
Roosevelt has always been a neighborhood with transportation options with NE 65th
and Roosevelt Way being major transportation routes for buses, bikes and walkers.
The new light rail station under construction makes this neighborhood that much more
attractive for residents of Seattle looking for living options that are far enough away
from work to feel like home but with options for easy commutes to work. The Roosevelt
neighborhood is that place.
Page 6
www.CenturyPacificLP.com
1201 Third Ave, Suite 1680
Seattle, WA 98101
NEIGHBORHOOD
6300 9th Ave NE
ACCESS & TRANSPORTATION
91
97
60
With a “Walk Score” of 91 out of 100, and a Bike Score of 97 of 100, the Property is
idea for anyone interest in walking and biking to work and play. Commuter options
abound as well, with Roosevelt Avenue and NE 65th Avenue both as transportation
corridors. And it is only a matter of time before getting to downtown, the University
District, Husky Stadium, the Capitol Hill or even the airport is an easy light rail ride away.
Some have taken to describing Roosevelt as the next Ballard, but with transportation
options and Green Lake.
ROOSEVELT STATION
The Roosevelt Light Rail Station will be located along the east side of 12th Ave NE between
NE 65th and NE 67th streets. The Property is 4 blocks adn a five minute walk away. The
station will include a plaza with seating, public art and bike parking. Scheduled to be open
for service in 2021, ride time from Roosevelt to Sea-Tac Airport will be 45 minutes or north
to Northgate in about two minutes. Commuters can connect to buses on NE 65th Street,
12th Ave NE and Roosevelt Way NE. Sound Transit projects approximately 8,000 daily
riders will board at Roosevelt Station by 2030.
ROOSEVELT
STATION
R O O S E V E LT
NE 67th St
THE PROPERTY
6300 9th Ave NE
NE 66th St
NE 65th St
6300 9th Ave NE
Page 7
www.CenturyPacificLP.com
1201 Third Ave, Suite 1680
Seattle, WA 98101
III.DEMOGRAPHICS
6300 9th Ave NE
Who Lives Here?
Urban Power Families - High-income couples with children
Who
Liveswith
Here?
Six-figure salaried
couples
children who live an upscale life in a metro center.
Urban
Power Families
- High-income
couples
with children
Highly educated
professionals
working
in finance,
medical
and high-tech fields.
Six-figure salaried couples with children who live an upscale life in a metro center.
Highly educated professionals working in finance, medical and high-tech fields.
Power Singles - High-income urban singles
Highly educated
professionals,
many with
advanced
degrees. They draw a
Power
Singles - High-income
urban
singles
handsome salary
and
have reasonable
whiledegrees.
living aThey
hip,draw
upscale
Highly
educated
professionals,living
manyexpenses
with advanced
a
life in an urbanhandsome
center. salary and have reasonable living expenses while living a hip, upscale
life in an urban center.
Bright Lights Big City - Very mobile singles living in the city
Bright Lights Big City - Very mobile singles living in the city
Singles rangingSingles
in ageranging
from early
mid-40s
have
to antourban
in age20s
fromtoearly
20s towho
mid-40s
whomoved
have moved
an urban
setting. Most rent
theirMost
apartment
or condo.or
Many
have
a have
college
education
and
setting.
rent their apartment
condo.
Many
a college
education
and
services
and the professional
work in serviceswork
andinthe
professional
sector. sector.
Roosevelt
Roosevelt
Median Household
$53,227
Median Home Price
$627,750
Owners/Renters
45%/55%
Seattle
Seattle
$45,736
Median Household
Income
Income
$53,227
Median Home Price
$627,750
$525,900
Owners/Renters
Median Age
45%/55%
35
48%/52%
37
Single Males
Median Age
35
27%
37 23%
24%
23%19%
Single Females 27%
Single Males
Homes With Kids
17%
Household Size
2.1
Single Females
24%
Homes With Kids
17%
Household Size
2.1
Commute Time
Commute Time
$45,736
$525,900
48%/52%
19%
27 min
18%
18%
2.1
27 min
2.1
source: seattle.findwell.com/seattle-neighborhoods/roosevelt
source:bizjournals.com/seattle/blog/2016/01/these-seattle-area-neighborhoods
27 min
27 min
source:zillow.com/seattle-wa/home-values
source: seattle.findwell.com/seattle-neighborhoods/roosevelt
source:bizjournals.com/seattle/blog/2016/01/these-seattle-area-neighborhoods
www.CenturyPacificLP.com
1201 Third Ave, Suite 1680
Seattle, WA 98101
source:zillow.com/seattle-wa/home-values
Page 8
IV.
MAPS & PHOTOS
6300 9th Ave NE
Page 9
www.CenturyPacificLP.com
1201 Third Ave, Suite 1680
Seattle, WA 98101
3
4
5
roosevelt
Not to Scale
P
Marcello
ST
71
9TH AVE NE
NE
I-5 North
D
Vintage Costumers
Roosevelt
Vision
P
Nancy Mercer N.D.
P
NE 70TH ST
Froula Playground
NE 71ST ST
Wedell Auto Electric
Esthetic International
C
D
Econo-Mini Self Storage
Roosevelt Self Storage
Puget Sound Hearing Aid
Pilates Body Fitness
M’Illumino
5
E
B
NE 72ND ST
C
ST
Roosevelt Reservoir
Swedish
Medical Center
14TH AVE NE
P
To Lake City, Jackson
Park, Aurora Village
72
Rowland Studio
15TH AVE NE
NE 69TH ST
Found It
E
WE
To U District,
Eastlake, Downtown
Discovery Shop
P
Calvary
Christian
Assembly
DIN
NE
PL
F
10
A
P
New Discovery School
Free Street Parking
Bus Route
Free Customer Parking
Bike Lane
Paid Metered Street Parking
Paid Public Parking Lot
No Parking (Construction Area)
Park & Ride Lot
P
9
Maple Leaf
P
Safeway
8
BROOKLYN AVE NE
Restaurant
Retail Shop
Service
7
NE 73RD ST
map & guide
B
6
Louis Foreign Car Repair
Holman’s Body & Fender
Larson’s Volvo Repair
12TH AVE NE
A
2
ROOSEVELT WAY NE
1
73
E
373
Hermann’s International
P Auto Repair
F
NE 68TH ST
G
8TH AVE NE
Mitchell Center for Natural Healing
TNT Foreign Car
To U District,
Downtown
John Marshall
School
66
Seattle Auto
Service Center
66
67
To Northgate
Roosevelt High School
67
NE 67TH ST
G
Local access only
Sound Transit
Link Light Rail
Roosevelt Station
Construction Site
H
Future
Station
Entrance
Roosevelt Field
H
Bank of America
U District • Green Lake
Lake City • Downtown
Wedgewood • Downtown
Northgate • Overlake
North Seattle CC • Downtown
Redmond
Green Lake
Bus Stop
Espresso
J
Jay’s Cleaners
Roosevelt
Barber Shop
Casa
Patrón
P
P
8TH AVE NE
Atlantic Crossing Pub
East West See Inset
Bookshop
Rain City Burgers
Dreamclinic Massage
48
Windermere
P
Roosevelt
Caruh
Dental Salon & Spa
64 76
Kettlebility
Dania
Furniture
P
See Inset
P
Sleep
Country
Olympic Pizza
The Healing Center
Posh Paws
Hoa Salon Nails
Barre3
Sunlight Cafe
Rituel
Bol Pho
Umpqua
P
Bank
Progressive Tech
Ma Mo Jewelry
Evolve Organic Salon
Derby Salon
Sushi Tokyo
P
Alexander’s Bead Bazaar
Hawthorne Stereo
Seattle Healing Arts
Yuen Lui Studio
P
All Star Cleaners
J
Century
Link
Taco UPS
Subway
Sport Del Store
Clips Mar
P
Zenith Supplies
LVD
AB
Fix Salon
Stanline Gallery
R & R Retirement Services
Custom Design & Engineering
Knoll Live & Work
Edge Tech Repair
Slick & Manscape
Dr Susan Hankin O.D.
Luata Bray, LMP
O
P
1
2
3
The Fish Store
Yellow Umbrella Massage
Ride Bicycles
US Bank
P
Definitive Audio
P
NE 62ND ST
Community Fitness
Die Bierstube
N
Savvy Nails & Spa
O
Salvatore
See
Inset
Ravenna
Dental Clinic
M
P
BROOKLYN AVE NE
NN
VE
RA
Exit 170
Speakerlab
12TH AVE NE
NE
5
N
Angi’s Haircuttin Parlor
Align Wellness
Nice Nails & Spa
8 Bells Winery
TCA Architecture • Planning
CPA Services
P Lockhart Suver
Cowen Park
NE 6
1ST
P
ST
Avis
P
University District
4
K
L
NE 63RD ST
I-5 South
I
Ravenna
Happy Feet Reflexology
P
Health
Pies and Pints
Mutt
Nature Nails and Spa
Roosevelt Vacuum
See Inset
Bella Cleaners
P
Starbucks
Almvig’s
Bartell Drugs
Wells
Whole Foods Fargo
Magnolia
Hi-Fi
P
P
Mutiny Hall
NE 64TH ST
Royal
Palms
Teddy’s Tavern Thrive Cafe
Shoe
The
Advantage Yogurt Way
Intercommunity Peace
and Justice Center
Auto Plus
Future
Station
Entrance
NE 65TH ST
ROOSEVELT WAY NE
M
Shell
P
The Johnson
Partnership Architects
Pho Viet Anh
Mia Bella
Ten
India Wayward Spex in Thousand
Bistro Coffee the City Villages
L
Belle Marie Salon
Minshew Networks
P
The Scarlet Tree
K
UFC Gym
Bengal Tiger
P
P
Local access only
Shefayoga
9TH AVE NE
I
48
64
76
242
316
542
NE 66TH ST
14TH AVE NE
Green Lake Park & Ride
5
Page 10
6
7
8
9
10
Restaurants, Cafes & Pubs
I6
Atlantic Crossing Pub -
I5
K5
I3
J3
Bengal Tiger - bengaltigerwa.com
Bol Pho Bistro - bolbistro.com
Bus Stop Espresso - busstopcoffee.com
Casa Patrón -
theatlanticcrossing.com
casapatronrestaurants.com
O6 Die Bierstube - diebierstube.com
J5
B5
J8
J5
India Bistro - indiabistroroosevelt.com
Marcello Ristorante
Mutiny Hall - mutinyhall.com
Olympic Pizza & Pasta -
I6
J8
I5
Pho Viet Anh - phovietanh.com
Pies and Pints - piesandpints.com
Rain City Burgers - raincityburgers.com
J6
East West Bookshop -
seattleolympic.com
J5 Royal Palms - royalpalmseattle.com
O6 Salvatore salvatoreristoranteitaliano.com
J6 Starbucks - starbucks.com/store/16043
J7 Subway - subway.com
K5 Sunlight Cafe sunlightcafevegetarian.com
J7
J7
J3
J7
J7
J5
L5 Sushi Tokyo - sushitokyoseattle.com
Taco Del Mar - tacodelmar.com
Teddy’s Tavern - teddysseattle.com
The Scarlet Tree - scarlet-tree.com
The Yogurt Way
Thrive Cafe - generationthrive.com
Wayward Coffeehouse waywardcoffee.com
Retail Shops
N5 8 Bells Winery - 8bellswinery.com
L5 Alexander’s Bead Bazaar alexandersbeads.com
K6
I8
K6
J6
N6
F6
Almvig’s - almvigs.com
Auto Plus
Bartell Drugs - bartelldrugs.com
Dania Furniture - daniafurniture.com
DefinitiveAudio-definitive.com
Discovery Shop
E6 Puget Sound Hearing Aid &
Audiology - pshearing.com
O5 Ride Bicycles - ridebicycles.com
J8 Roosevelt Vacuum -
O5 Stanline Gallery - stanlinegallery.com
J5 Ten Thousand Villages -
C5 Vintage Costumers -
L6 Magnolia Hi-Fi - magnoliaav.com
I5 Mia Bella - miabellaseattle.com
A6
J6
J6
M6
J5
O5 Fix Salon - fixsalonseattle.com
J9 Happy Feet Reflexology -
J8 Nature Nails and Spa
B5 New Discovery School -
K5 Hoa Salon Nails -
M5 Nice Nails & Spa - nicenailandspa.com
D5 Pilates Body Fitness -
eastwestbookshop.com
E6 Found It - founditonroosevelt.com
M5 Hawthorne Stereo hawthornestereo.com
J8 Health Mutt - healthmuttseattle.com
L5 Ma Mo Jewelry Design mamojewelry.com
rooseveltvacuumcenter.com
Safeway - safeway.com
Shoe Advantage - onlineshoes.com
Sleep Country - sleepcountry.com
Speakerlab - speakerlab.com
Spex in the City - spexinseattle.com
seattle.tenthousandvillages.com
O5 The Fish Store -
thefishstoreseattle.com
vintagecostumers.com
K6 Whole Foods - wholefoodsmarket.
com/stores/rooseveltsquare
M6 Zenith Supplies - zenithsupplies.com
Services
M5
J9
M5
P6
H5
K6
J6
I6
F3
Align Wellness - align-wellness.com
All Star Cleaners
Angi’s Haircuttin Parlor
Avis - seattle.avis.com
Bank of America - bankofamerica.com
Barre3 - barre3.com
Bella Cleaners
Belle Marie Salon - bellemariesalon.com
Calvary Christian Assembly -
ccassembly.org
J5 Caruh Salon & Spa - caruh.com
K8 CenturyLink - centurylink.com
N6 Community Fitness communityfitness.com
N5
O5
L5
O5
J5
D6
CPA Services
Custom Design & Engineering
Derby Salon - derbysalon.com
Dr Susan Hankin O.D. - drhankin.com
Dreamclinic Massage - dreamclinic.com
Econo-Mini Self Storage econoministorage.com
O5 Edge Tech Repair - edgetechrepair.com
D6 Esthetic International - skin4me.com
L5 Evolve Organic Salon evolvehairandart.com
happyfeetreflexologyspa.com
hoasalon.com/Roosevelt.html
F6 Hermann’s International Auto
Repair - europeanautorepairseattle.net
A5 Holman’s Body & Fender auto-repair-seattle.com
J8
Intercommunity Peace and
Justice Center - ipjc.org
J3 Jay’s Cleaners - jayscleaners.com
G1 John Marshall School
J4 Kettlebility - kettlebility.com
O5 Knoll Live & Work knolldevelopment.com
newdiscoveryschool.org
pilatesbodyfitness.com
K5 Posh Paws - poshpawsseattle.com
L5 Progressive Tech progressivetech.com
tca-inc.com
The Healing Center healingcenterseattle.org
P5 Ravenna Dental Clinic
K5 Rituel - rituelmercantile.com
J3 Roosevelt Barber Shop -
J8
The Johnson Partnership
Architects - tjp.us
TNT Foreign Car
UFC Gym - ufcgym.com/roosevelt
Umpqua Bank - umpquabank.com
UPS Store - theupsstore.com
US Bank - usbank.com
Wells Fargo - wellsfargo.com
Wedell Auto Electric -
randrretirement.com
F5
I6
Roosevelt Dental - rooseveltdental.com K6
Roosevelt High School J7
roosevelths.seattleschools.org
M7
Roosevelt Self Storage
K7
Roosevelt Vision - rooseveltvision.com C6
wedellelectric.com
Rowland Studio - rowlandphoto.com
Savvy Nails & Spa - savvynailspa.com J4 Windermere - windermere.com
Seattle Auto Service Center O5 Yellow Umbrella Massage -
therooseveltbarbershop.com
A5
O5
E5
I5
F5
D6
D5
E6
O6
F6
bastyrcenter.org/content/view/271
swedish.org
N5 TCA Architecture • Planning J5
J5
G10
Louis Foreign Car Repair
Luata Bray LMP - luatamassage.com
M’Illumino - m-illumino.com
Minshew Networks - minshew.net
Mitchell Center for Natural
Healing - mitchell-center.com
B6 Nancy Mercer N.D. -
sandmwaxing.com
J7 Sport Clips - sportclips.com
B6 Swedish Medical Center -
O5 R & R Retirement Services -
A5 Larson’s Volvo Repair larsonsvolvorepair.com
I5 Shefayoga - shefayoga.com
J4 Shell - shell.us
O5 Slick & Manscape -
automotiveseattle.com
yellowumbrellamassage.com
M4 Seattle Healing Arts -
M5 Yuen Lui Studio - yuenluistudio.com
seattlehealingarts.com
roosevelt
explore Roosevelt
Nestled between Seattle’s bustling University District and popular Green Lake,
this historic neighborhood keeps its charm while maintaining a thriving
business center. Once called the Hollywood District, the neighborhood
changed its name to Roosevelt in 1927 after the main thoroughfare was
renamed to honor Theodore Roosevelt.
map & guide
Today, whether you’re looking for the perfect home decor, or the best
homemade granola, you can find it in the Roosevelt business district.
The neighborhood continues to evolve. Sound Transit Link light rail opens in
2021, and will offer fast, frequent connections to Northgate, the University of
Washington, Capitol Hill, Downtown Seattle, sports stadiums, Southeast
Seattle and Seattle-Tacoma International Airport.
*source - Sound Transit and the Roosevelt Business Group
http://rooseveltseattle.org/wp-content/uploads/2013/11/Roosevelt-neighborhood-map.pdf
Brought to you by
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Page 11
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V.DISCLAIMER
DISCLAIMER
Materials contained in this offering are furnished solely for the purpose of considering
the purchase of the property located at 6300 9th Ave NE in Seattle, Washington
(the “Property”); described herein and are not to be used for any other purpose or
to be made available to any other person without the express written consent of
CenturyPacific, LLLP (the “Investment Team”) and the Sellers. The material is based,
in part, upon information supplied by Seller and, in part, upon information obtained
by the Investment Team from sources they deem to be reliable. Summaries contained
herein of any legal documents are not intended to be comprehensive statements
of the terms of such documents, but rather are outlines of some of the principal
provisions contained therein. No warranty or representation, expressed or implied,
is made by Seller, the Investment Team or any of their related entities as to the
accuracy or completeness of the information contained herein. Prospective investors
should make their own investigations, projections and conclusions. Interested buyers
should be aware that the Seller is selling the Property in “AS IS” CONDITION WITH
ALL FAULTS, WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND OR
NATURE. It is expected that prospective investors will conduct their own independent
due diligence concerning the Property, including such engineering and environmental
inspections as they deem necessary to determine the condition of the Property and
the existence or absence of any potentially hazardous materials used on the Property.
No representations, expressed or implied, are made as to the foregoing matters
by Seller, the Investment Team or any of their officers, employees, affiliates and/or
agent. Information contained in this Offering Memorandum is further governed by
the Property Agreement.
CenturyPacific, LLLP
Contact
Katherine Laird
206.757.8892
katherinelaird@centurypacificlp.com
Page 12
www.CenturyPacificLP.com
1201 Third Ave, Suite 1680
Seattle, WA 98101