RETAIL FOR LEASE...Kent, Washington 98030 LOCATION Marketplace at Lake Meridian is located in Kent,...

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RETAIL FOR LEASE NWC of 132nd Ave SE & SE Kent Kangley Rd Kent, Washington 98030 DISCLAIMER: The above information has been secured from sources believed to be reliable, however, no representations are made to its accuracy. Prospective tenants or buyers should consult their professional advisors and conduct their own independent investigation. Site plan and configuration are subject to change. Properties are subject to change in price and/or availability without notice. West Coast Commercial Realty, LLC Situated at the prime intersection of 132nd Avenue SE and Kent Kangley Road in Kent, Washington, the Marketplace at Lake Meridian is a key destination for community retail, serving a culturally rich trade area with well-established neighborhoods and strong income demographics. With great daily traffic count, this intersection serves as the gateway to the City’s treasured Lake Meridian, and plays a key role in connecting with the residents who live, shop, dine and play in the vibrant and growing East Hill area. THE REDEVELOPMENT OF A COMMUNITY MARKETPLACE Tiffini Connell (206) 283-5212 www.wccommercialrealty.com

Transcript of RETAIL FOR LEASE...Kent, Washington 98030 LOCATION Marketplace at Lake Meridian is located in Kent,...

  • RETAIL FOR LEASENWC of 132nd Ave SE & SE Kent Kangley Rd

    Kent, Washington 98030

    DISCLAIMER: The above information has been secured from sources believed to be reliable, however, no representations are made to its accuracy. Prospective tenants or buyers should consult their professional advisors and conduct their own independent investigation. Site plan and configuration are subject to change. Properties are subject to change in price and/or availability without notice. West Coast Commercial Realty, LLC

    Situated at the prime intersection of 132nd Avenue SE and Kent

    Kangley Road in Kent, Washington, the Marketplace at Lake

    Meridian is a key destination for community retail, serving a

    culturally rich trade area with well-established neighborhoods

    and strong income demographics. With great daily traffic count,

    this intersection serves as the gateway to the City’s treasured Lake

    Meridian, and plays a key role in connecting with the residents

    who live, shop, dine and play in the vibrant and growing East Hill

    area.

    THE REDEVELOPMENT OF A COMMUNITY MARKETPLACE

    Tiffini Connell (206) 283-5212www.wccommercialrealty.com

  • RETAIL FOR LEASENWC of 132nd Ave SE & SE Kent Kangley Rd

    Kent, Washington 98030

    LOCATION

    Marketplace at Lake Meridian is located in Kent, Washington, approximately 20 miles south of Seattle, with easy access to Highway 167, Highway 18 and I-5.

    Kent is the 3rd largest city in King County and the 6th largest city in Washington State, as well as the 4th largest manufacturing and distribution center in the United States.

    The largest employers in Kent include some of the most well respected NW companies such as Boeing, Mikron Industries, REI, Sysco and Alaska Airlines.

    Kent’s $8 billion gross business income is the highest among its peer cities in South King County.

    Lake Meridian, a popular recreational and residential destination, is one of only four lakes in King County that allows motorized boating.

    There are eight elementary schools, two middle schools and two high schools within three miles of the site, making this a sought-after residential destination.

    The trade area for the Marketplace at Lake Meridian includes some of the highest average income households in the City of Kent.

    The gateway to this growing, educated, diverse community is the

    Marketplace at Lake Meridian

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    124t

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    N

    VASHONISLAND

    BURIEN

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    167

    18

    KENT

    RENTON

    COVINGTON

    AUBURN

    SUMNER

    TACOMA

    SEATTLE

    FEDERAL WAY

    DES MOINES

    WEST SEATTLE

  • SE Kent Kangley Road

    SE Kent Kangley Road

    132n

    d Av

    e SE

    COFFEE

    ST

    ARBUCKS

    SE 272nd Street

    Bank of America

    BARTELL DRUGSWashington's Own Drugstores

    JP TAPROOMTAPROOM

    TRAFFIC COUNTSSE Kent Kangley Rd. east of 132nd Ave SE: 32,000 vpd

    SE Kent Kangley Rd. west of 132nd Ave SE: 29,000 vpd

    132nd Ave SE north of SE Kent Kangley Rd: 20,400 vpd

    132nd Ave SE south of SE Kent Kangley Rd: 15,100 vpd

    RETAIL FOR LEASENWC of 132nd Ave SE & SE Kent Kangley Rd

    Kent, Washington 98030

    RETAILERS

    RESTAURANTS

    Bank of America

    MOD PIZZAMOD PIZZA

    BARTELL DRUGSWashington's Own Drugstores

    Community retail is anchored by value, quality, service and convenience. Many major retailers have a long commitment to this area, including regional standouts, Bartell Drugs, Safeway and Trader Joe’s. The center is poised for dynamic retailers to enter this trade area, including:

    • Specialty Grocery

    • Hardware, Paint and Home Improvement

    • Garden and Outdoor Living

    • Financial Services

    • REBER RANCH - Pet Central

    • Housewares and Gifts

    • Medical, Health and Wellness Services

  • RETAIL FOR LEASENWC of 132nd Ave SE & SE Kent Kangley Rd

    Kent, Washington 98030

    DEMOGRAPHICS

    Nearly half of the trade area population is between the ages of 25 and 54.

    Average household income is approximately $80,000 with over a quarter of the population making over $100,000.

    Nearly 70% of the population has some college or a college degree.

    Over 60% own their own homes, with average home values of nearly $300,000.

    TOTAL POPULATION1-Mile: 12,3073-Mile: 87,8305-Mile: 179,832

    AVERAGE HOUSEHOLD INCOME1-Mile: $85,3193-Mile: $79,0715-Mile: $76,709

    3,151 SF PAD BUILDINGAVAILABLE

    Prime Pad Building constructed in 2015. Existing Restaurant Infrastructure + PATIO.

    (Do not disturb the tenant)

    YOUR SIGN HERE

  • KEY PLAN

    A

    BC D

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    KENT-KANGLEY ROAD

    132N

    D A

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    SE23

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    1011 12 13 14 15

    16172221

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    26 3823

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    9

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    33A 35 36

    24

    25

    NOT PART OFPROPERTY

    18 19 20

    33B

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    DATE: 12.08.14

    SITE PLAN

    MARKETPLACE AT LAKE MERIDIAN

    2014-35

    NORTH

    132n

    d A

    venu

    e SE

    132n

    d A

    venu

    e SE

    Pylon Sign

    BARTELL DRUGSWashington's Own Drugstores

    RESTAURANTS

    Bank of America

    Pylon Sign

    MOD PIZZAMOD PIZZA

    Available Spaces

    SALONTRINA

    LUCKY STARC

    hinese Restaurant

    JP TAPROOMTAPROOM

    Perfect N

    ails

    Spa Soiree & Lash Bar

    N

    The Game Shelf

    NW

    C of 132nd A

    ve SE & SE Kent Kangley Rd

    Kent, Washington 98030

    Details on Details on Next PageNext Page

    BEE SWEET CAFE

    PENDINGPENDING

    Kent-Kangley Road

    Kent-Kangley Road

    3,207 SF3,207 SF

    1,528 SF1,528 SF

    3,151 SF PAD BUILDING3,151 SF PAD BUILDINGAVAILABLEAVAILABLE

    (Do not disturb the tenant)(Do not disturb the tenant) Prime Pad Building constructed in 2015. Prime Pad Building constructed in 2015.

    Existing Restaurant Infrastructure + PATIO.Existing Restaurant Infrastructure + PATIO.

    3,151 SF PAD BUILDING3,151 SF PAD BUILDINGAVAILABLEAVAILABLE

    (Do not disturb the tenant)(Do not disturb the tenant) Prime Pad Building constructed in 2015. Prime Pad Building constructed in 2015.

    Existing Restaurant Infrastructure + PATIO.Existing Restaurant Infrastructure + PATIO.

  • RETAIL FOR LEASENWC of 132nd Ave SE & SE Kent Kangley Rd

    Kent, Washington 98030

    DISCLAIMER: The above information has been secured from sources believed to be reliable, however, no representations are made to its accuracy. Prospective tenants or buyers should consult their professional advisors and conduct their own independent investigation. Site plan and configuration are subject to change. Properties are subject to change in price and/or availability without notice. West Coast Commercial Realty, LLC

    Tiffini Connell (206) 283-5212www.wccommercialrealty.com

    1,528 SF1,528 SF

    3,207 SF3,207 SF