11101 NE 9th Street Bellevue, WA
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1 NE 9th Street Bellevue, WA
2 Urban life done right in downtown Bellevue
3 Tap an underserved market In the midst of a bustling downtown setting, Alley111 offers access to a built-in, diverse customer base including highly educated technology workers and high-income Alley111 residents. This foundation offers retailers access to a deep pool of target customers from sunrise to sunset and beyond. The Alley represents a departure from the known Bellevue retail experience. Situated within a Class-A, 260-unit, twelve-story residential tower molded with European style, the Alley provides a compelling sense of arrival, easily accessible parking and neighborhood connectivity. Intentional indoor and outdoor settings provide space to pause, engage and unwind in a small-scale, tactile urban environment set in the heart of the vibrant retail landscape of the Bellevue CBD.
4 Compelling market Located minutes from Seattle and accessible from major thoroughfares, Alley111 is surrounded by 45,000 daytime employees with Microsoft, Expedia, Paccar, Symetra, and Puget Sound Energy among others. Downtown Bellevue is home to the Bellevue Arts Museum and the Meydenbauer Center (located steps from the project); two key arts and convention venues. With 60% job growth between and substantial new office and residential development in process or planned, demand for new retail offerings will only increase. Alley111 is prominently located in one of the wealthiest zip codes in the nation. Bellevue continues to witness a demographic shift towards greater diversity and internationalism, with a dramatic decrease in the average downtown resident age from 57 to 34 over the past decade. Bellevue retail benefits from the buying power of millions of annual visitors, 2,400 hotel rooms at the Westin and Hyatt among others and the impact of the Bellevue collection; one of the nation s premier destination retail centers that draws thousands from across the region daily. The downtown Bellevue restaurant scene continues to evolve to accommodate the modern demand and preferences of customers who live and work on the Eastside. Alongside established restaurants such as Bis on Main and Daniels, new offerings have emerged over the past 10 years to capitalize on growing demand, including Seattle transplants Purple Café and Wine Bar, Cupcake Royale, Top Pot Doughnuts, Black Bottle, Wild Ginger and Monsoon among others.
5 100TH AVENUE NE BELLEVUE WAY NE Bellevue Place NE 12TH STREET 112TH AVENUE NE 14 Overlake Medical Center Group Health Whole Foods Lake Bellevue NE 8TH STREET Bellevue Square Downtown Park Lincoln Square 1 5 Lincoln Square II 4 Bellevue Arts Museum NE 4TH STREET Bellevue Transit Center TH AVENUE NE 10 The Bravern Meydenbauer Center City Hall FUTURE EAST LINK LIGHT RAIL 116TH AVENUE NE MAJOR EMPLOYERS NEAR ALLEY Microsoft 2. Expedia 3. Symetra 4. Paccar 5. Eddie Bauer 6. Puget Sound Energy 7. Concur Technologies 8. Valve 12. KeyBank 13. Caradigm 14. CH2MHill 15. Trip Advisor 16. HDR Engineering 17. Motricity 18. Apptio 19. Blucora 9. Drugstore.com 20. Oracle 10. Market Leader 21. Ebay MAIN STREET 11. Bungie Studios 22. HNTB Corporation
6 Where Northwest meets modern
7
8 Retail Space Configuration: OPTION A
9 Retail Space Configuration: OPTION B
10
11 Retail Site Plan FITNESS CENTER RESTROOMS BIKE STORAGE RETAIL ENTRANCE ADDITIONAL RETAIL PARKING RETAIL PARKING GARAGE ENTRANCE LEASING NE 8TH STREET LOADING TRASH ELEVATORS DOCK 3 3 LOBBY SUITE A 740 SF 52 SUITE B 2,040 SF SUITE C 1,360 SF GREASE EXHAUST SHAFT TO ROOF SUITE D 1,879 SF 32 DELIVERY ACCESS NE 9TH STREET LOBBY ENTRANCE 130 ENTRANCE ENTRANCE FIRE PIT RETAIL SIGN NE 110TH STREET RETAIL SPECIFICATIONS: Ceiling height in Suites B, C & D: Ceiling height in Suite A: 17 5 Deliveries and waste disposal at loading dock Utilities stubbed to grid line SF of covered outdoor seating [6 x 130 ] TO ELEMENTS
12 Project details AREA ASKING RENT NNN TENANT IMPROVEMENTS Up to 5,279 sq. ft. (suites B, C and D) with the ability to vent for a type 1 hood $36.00 per sq. ft + NNN $7.50 per sq. ft. Negotiable PROJECT COMPLETION September 2015 (Tenant TIs to start June 2015) PARKING 40 parking spaces available for retail patrons 2014 demographics ½ mile 1 mile 3 mile POPULATION 8,365 18,646 79,613 DAYTIME POPULATION 44,152 66, ,736 AVG. HH INCOME $99,014 $102,895 $123,610 For more information please contact: ANNE MARIE KOEHLER annemarie.koehler@cbre.com ERIKA KOEHLER erika.koehler@cbre.com CBRE, Inc Fifth Avenue, Suite 1700 Seattle, WA CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. 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. ejs
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