FOR KIRKLAND EVEREST PARK SALE 5 +/- Single … EVEREST PARK 1.08 Acre Estate Lot - or - 5 +/-...
Transcript of FOR KIRKLAND EVEREST PARK SALE 5 +/- Single … EVEREST PARK 1.08 Acre Estate Lot - or - 5 +/-...
www.CenturyPacificLP.com 1201 Third Ave, Suite 1680
Seattle, WA 98101
ContactCampbell Mathewson 206.757.8893
KIRKLAND EVEREST PARK1.08 Acre Estate Lot - or - 5 +/- Single Family Lots
46,875 SF / 1.08 Acres Zoned RS 8.5
319 8th Street SouthKirkland, WA 98033
Asking Price: $3,300,000
FORSALE
THE PROPERTY319 8th ST S.
www.CenturyPacificLP.com 1201 Third Ave, Suite 1680
Seattle, WA 98101
ContactCampbell Mathewson 206.757.8893
CenturyPacific, LLLP
Steven L. WoodManaging DirectorTel. 206 757 8891
Campbell MathewsonExecutive Vice President
Tel. 206 757 [email protected]
Katherine K. LairdExecutive Vice President
Tel. 206 757 [email protected]
Michael E. FinchVice President
Tel. 206 757 [email protected]
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www.CenturyPacificLP.com 1201 Third Ave, Suite 1680
Seattle, WA 98101
ContactCampbell Mathewson 206.757.8893
PROPERTY OFFERING MEMORANDUM
The Owners of 319 8th Street South (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 46,875 SF property located at 319 8th Street South in Kirkland (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, LLLP1201 Third Avenue, Suite 1680
Seattle, WA 98101
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www.CenturyPacificLP.com 1201 Third Ave, Suite 1680
Seattle, WA 98101
ContactCampbell Mathewson 206.757.8893
I. INVESTMENT SUMMARY 4 The Offering
Site Summary
II. PROPERTY DESCRIPTION 5 Property Summary
Zoning Summary
Current Use
Location & Amenities
Access & Transportation
Demographics
Job Market
Title Report
Environmental
III. MAPS & PHOTOS 7 Property Photos
IV. DEAL TERMS 19
V. DISCLAIMER 10
TABLE OF CONTENTS
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www.CenturyPacificLP.com 1201 Third Ave, Suite 1680
Seattle, WA 98101
ContactCampbell Mathewson 206.757.8893
THE OFFERINGCenturyPacific and the owners of 319 8th Street South (“Owners”) are offering for sale a 46,875 SF redevelopment property (“the Property”) in Kirkland, Washington. The Property is zoned RS 8.5 allowing for up to five (5) single family lots. With close proximity to Downtown Kirkland, Google, the Cross Kirkland Corridor and with convenient access to the freeway the property is an ideal redevelopment opportunity.
SITE SUMMARY Address: 319 8th Street South Kirkland, WA 98033
Land Area: 46,875 SF
Parcel Number: 0120000230 Zoning: RS 8.5
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I. INVESTMENT SUMMARY 319 8th Street South
www.CenturyPacificLP.com 1201 Third Ave, Suite 1680
Seattle, WA 98101
ContactCampbell Mathewson 206.757.8893
THE PROPERTY319 8th ST S.
PROPERTY SUMMARY Address: 319 8th Street South Kirkland, WA 98033
Land Area: 46,875 SF
Parcel Number: 0120000230
Zoning: RS 8.5
ZONING SUMMARYThe Property is zoned RS 8.5 allowing with a minimum lot size of 8,500 square feet and a unit per acre of 5.12. Therefore, this 46,875 SF lot could allow up to five (5) single family lots.
CURRENT USE The Property is improved with a 1,150 square foot house built in 1942.
LOCATION & AMENITIES In addition to its desirable waterfront setting and central location with easy access to Seattle, Redmond and Bellevue - Kirkland offers a desirable blend of work and leisure. With 40 developed parks spanning 600 acres, the highly rated Lake Washington School District and higher education opportunities, a vibrant and dynamic arts scene, quality retail, restaurants, pubs and coffee houses - Kirkland has a lot to offer residents and visitors alike.
ACCESS & TRANSPORTATIONKirkland is situated across Lake Washington from Seattle via the 520 floating bridge, and along the Interstate 405 corridor, providing quick and convenient access to Woodinville, Bothell, Redmond, Bellevue and Renton via car. Public transit commutors are well served by King County Metro, a county wide bus network, and by Sound Transit, a three-county multi-modal transit netork. The city’s two major transit centers - one downtown and another along Interstate 405 in the Totem Lake Neighborhood - give commuters a myriad of options connecting throughout the Puget Sound region.
DEMOGRAPHICSWith a population of nearly 82,000 people, Kirkland is the 6th largest city in King County and the 12th largest in Washington State. Residents are highly educated with a median income of $81,927 and a median disposible income of $66,726. In June 2011, roughly 33,000 people were added to the city’s population following the annexation of 7 square miles of unincorporated King County neighborhoods. More than 95% of Kirkland’s population has at least a high school diploma, with more than 20% of the population 25 and over has a college degree. With the growth of the region’s high-tech and computer industries, Kirkland is becoming a younger city, with roughly half of the population between the ages of 25 and 55.
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II. PROPERTY DESCRIPTION319 8th Street South
www.CenturyPacificLP.com 1201 Third Ave, Suite 1680
Seattle, WA 98101
JOB MARKETThere are close to 5,000 active business licenses in Kirkland employing more than 31,000 people. Kirkland appeals to a variety of industries, particularly those in the IT and professional services sectors. Kirkland’s top employers include: Google, Evergreen Health, City of Kirkland, Kenworth, IBM, WB Games, ATG, Fairfax Hospital, Caliber Home Loans, Microsoft, Demand Media, Fred Meyer, Wave Broadband, Lake Vue Gardens, Toyota of Kirkland, Lake Washington Institute of Technology, Griptonite Games, Bluetooth, INRIX, GoDaddy, Kenworth, Tableau Software, Pace Engineering, Nintendo and Allyis, with their newly expanded campus. An estimated 20% of the working population is involved in software development. The regions low unemployment rate of 4.7% and Kirkland’s mere 2.7% (2015 Bureau of Labor Statistics) is a testament to the strength of the local economy, boosted by information technololgy, telecommunications, and biomedical technology.
TITLE REPORTA current, preliminary title report issued by First American Title Company will be provided in the due diligence materials.
ENVIRONMENTALNo known issues. Prospective purchasers should conduct their own environmental and other due diligence.
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.
sources: City of Kirkland http://www.kirklandwa.gov/Assets/CMO/CMO+PDFs/Mayors+Welcome+Kirkland+Were+open+for+business+Kirkland+Business+Profile.pdf http://www.kirklandwa.gov/Assets/Finance+Admin/2017-2022+CIP/2017-2022+CIP+Summary+Document.pdf
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PROPERTY DESCRIPTION319 8th Street South
www.CenturyPacificLP.com 1201 Third Ave, Suite 1680
Seattle, WA 98101
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III. MAPS & PHOTOS319 8th Street South
www.CenturyPacificLP.com 1201 Third Ave, Suite 1680
Seattle, WA 98101
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P&R
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ForbesLake
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Carl SandbergElementary
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JuanitaSenior High
Helen KellerElementary Robert Frost
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Seventh DayAdventist School
Yarrow BayWetlands
Bridle TrailsState Park
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PeterKirkPark
HeritagePark
CarillonWoods
Phyllis A.NeedyPark
Doris CooperHoughton BeachPark
MarshPark
TerracePark
Settler’sLanding
David E.BrinkPark
Street EndPark
FeritonSpur South
Rose HillPark
Snyder’sCorner Park Site
Rose HillMeadows
MarinaPark
OhdeAvenuePea Patch
Lake Ave WStreet End Park
TotLotPark
VanAalstPark
CedarViewPark
WaverlyBeachPark
KiwanisPark
ReservoirPark
ForbesLakePark
NorthRose HillWoodlandsPark
SpinneyHomesteadPark
CottonHillPark
HighlandsPark
CrestwoodsPark
ForbesCreekPark
MarkTwainPark
JuanitaBayPark
JuanitaBeachPark
McAuliffePark
HeronfieldWetlands
Jasper’sDog Park
N. KirklandCommunityCenter & Park
TotemLakePark
132ndSquarePark
BrookhavenPark
JuanitaHeightsPark
JuanitaWoodlandsPark
O O DennyPark
Big FinnHill Park
Saint EdwardState Park
WindsorVistaPark
EdithMoultonPark
KingsgatePark
S. NorwayHill Park Site
E. NorwayHill Park
TaylorFields
KirklandCemetery
Neal-LandguthWetlandPark
EverestPark
INTERSTATE
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FINN HILL
KINGSGATE
KIRKLANDURBAN
THE VILLAGE AT TOTEM LAKE
Data Sources: City of Kirkland GIS, King County GIS Center, and the Bridle Trails Park Foundation.
NNProduced by the City of Kirkland.© 2016, the City of Kirkland, all rights reserved.No warranties of any sort, including but not limited to accuracy, fitness or merchantability, accompany this product.
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Eastside RailCorridor
CROSS KIRKLAND CORRIDORINTERIM TRAIL
TRAIL RULESRules governing uses on the Cross Kirkland Corridor are provided by City of Kirkland Code. The following rules are posted along the trails:» Pets must be on leash» Pick up after your pet» Stay on trail» Pass on left and warn before
passing» Stay within the 15 miles per hour
speed limit» Use during daylight
hours only» No motorized vehicles» No horses
Kirkland Municipal Code Section 19.40.020
Following trail etiquette will allow all users to have a positive trail experience.TRAIL USERS:» When entering or crossing a trail at
an uncontrolled point yield to traffic already on the trail.
» Respect the special needs of dis-abled trail users.
» Be cautious at intersections and use the flashing beacons.
» When exiting the trail, look back to see what may be coming up behind you.
» Stay to the right of the trail and move in a predictable manner.
» Cellphones and headphones can make it difficult to hear what’s going on around you. Be aware of what is going on around you.
» Do not block the path and yield to moving users while stopped.
» Leave no trace, garbage cans and mutt mitts are located at all road crossings.
» Enjoy the trail!BICYCLISTS:» Wear a helmet.» Bicyclists yield to pedestrians and
give audible warning (vocal or ring a bell) when passing pedestrians or other bicyclists.
» Ride at a safe speed. Slow down and form a single file in congested conditions, reduced visibility, and other hazardous conditions.
» Wear lights and reflective devices for your safety in low light hours.
PEDESTRIANS:» Listen for audible signals and allow
faster trail users (runners and bicyclists) to pass safely.
» Keep pets on a short leash and on the right side of the trail.
CONTACT THE CITY OF KIRKLAND 425-587-3900 WITH ANY
QUESTIONS OR CONCERNS.
ETIQUETTE
Primary Trailhead: is a main at-grade connection of the CKC to a street with sidewalks. Primary trailheads are accessible to those with mobility challenges and do not involve steps or steep slopes.Secondary Trailhead: is a minor connection typically built by volunteers to connect neighborhoods or parks to the CKC. The size and accessibility of these trailheads are dependent upon the character of the surrounding area and level of use. These connections are not accessible to those with mobility challenges. Some have bicycle runnels and others are envisioned to be enhanced to a primary trailhead status when funding becomes available. Trailhead arrows point to the direction of access to each trail head on the map.
TH
E
King County Eastside Rail C
ooridor
(Staffed Part Time)
124T
H A
VE
NE
77TH
AV
E N
E
100T
H A
VE
NE
NE 60TH ST
NE 124TH ST
93R
D A
VE
NE
100T
H A
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NE
NE 112TH ST
NE 128TH ST
75TH
AV
E N
E
NE 117TH PL
111T
H A
VE
NE
2ND AVE
87TH
AV
E N
E
125T
H A
VE
NE
126T
H A
VE
NE
122ND
AVE
NE
90TH
AV
E N
E
NE 124TH ST
112T
H A
VE
NE
7TH AVE S
NE 138TH PL
NE 116TH ST
116T
H A
VE
NE
4TH ST
OHDE AVE
NE 60TH ST
82N
D A
VE
NE
128T
H A
VE
NE
NE 130TH PL
6TH
ST
76TH
AV
E N
E
100T
H A
VE
NE
NE 107TH PL
130T
H A
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NE
111T
H A
VE
NE
NE 144TH ST
NE 116TH PL
NE 123RD ST
NE 120TH ST
NE 143RD ST
NE 109TH PL
124T
H A
VE
NE
NE 134TH ST
124T
H A
VE
NE
MA
RK
ET
ST
82N
D A
VE
NE
NE 144TH PL
119T
H A
VE
NE
NE 140TH ST
2ND
ST
NE 102ND PL
NE POINTS DR
73RD PL NE
SIMONDS RD NE
NE 129TH ST
NE 142ND ST
109T
H A
VE
NE
123R
D A
VE
NE
KIRKL
AND W
AY
117T
H P
L N
E
NE 134TH ST
NE 140TH ST
NE 137TH PL
126T
H A
VE
NE
NE 90TH ST
94TH
AV
E N
E
NE 65TH ST
80TH
AV
E N
E
121S
T AV
E N
E
NE 126TH PL
NE 95TH ST
133R
D P
L N
E
72N
D A
VE
NE
NE 138TH ST
NE 135TH ST
109T
H AV
E NE
NE 137TH PL
127T
H A
VE N
E
87TH
PL
NE
NE 141ST WAY
6TH
ST
100T
H A
VE
NE
129T
H A
VE
NE
117TH PL NE
86TH
AV
E N
E
122N
D A
VE
NE
111T
H A
VE
NE
108T
H A
VE
NE
NE 44TH ST
NE 145TH ST
115TH AVE NE
NE 110TH ST
NORTHUP WAY
NE 75TH ST
NE 108TH ST
NE 120TH ST
NE 145TH ST
132N
D A
VE
NE
106T
H A
VE
NE
NE 68TH S
T
98TH
AV
E N
E
NE 138TH PL
NE 47TH PL
NE 142ND PL
121S
T AV
E N
E
87TH
AV
E N
E
124T
H A
VE
NE
84TH
AV
E N
E
102N
D A
VE
NE
82N
D A
VE
NE
105T
H AVE
NE
KIRKLAND WAY
STA
TE S
T S
4TH AVE S
97TH AV
E N
E
NE 62ND ST
NE 65TH ST
7TH AVE
WAV
ERLY
WAY
136T
H A
VE
NE
NE 45TH ST
NE 155TH ST
NE 80TH ST
NE 142ND WAY
129T
H P
L N
E
117T
H A
VE
NE
NE 143RD ST
104T
H A
VE
NE
NE 136TH ST
NE 143RD PL
108TH AV
E N
E
93R
D A
VE
NE
NE 94TH ST
NE 112TH ST
84TH
AV
E N
E
NE 52ND ST
120T
H A
VE
NE
106T
H A
VE
NE
NE 148TH ST
131S
T AV
E N
E
NE 55TH ST
128T
H A
VE
NE
NE 144TH ST
NE 134TH ST
103R
D P
L N
E
NE 64TH ST
3RD AVE
NE 61ST ST
NE 136TH PL
119T
H AV
E NE
119T
H A
VE
NE
NE 41ST ST
10TH AVE S
NE 126TH PL
NE 62ND ST
NE 116TH ST
112T
H A
VE
NE
89TH
AV
E N
E
7TH AVE S
NE 90TH ST
NE 132ND ST
2ND
ST
NE 59TH ST
NE 111TH PL
129T
H P
L N
E
108T
H A
VE
NE
119T
H P
L N
E
95TH
PL
NE
NE 141ST ST
128T
H A
VE
NE
103R
D A
VE
NE
80TH
AV
E N
E
NE 124TH ST
NE 140TH ST
NE 70TH PL
NE 120TH ST
NE 70TH ST
NE 142ND ST
15TH AVE
NE 104TH ST
NE 85TH ST
NE 148TH PL
NE 65TH ST
NE 129TH PL
1ST
ST
JUAN
ITA
WOODIN
VILL
E W
AY N
E
3RD
ST
79TH
AV
E N
E
128T
H A
VE
NE
89TH
PL
NE
8TH
ST
106T
H A
VE
NE
2ND
ST
S
94TH
AV
E N
E
1ST
ST
128T
H AVE
NE
18TH AVE
15TH AVE
106T
H A
VE
NE
19TH AVE
NE 138TH PL
11TH AVE W
7TH AVE
135TH AVE N
E
111T
H A
VE
NE
NE 128TH ST
NE 133RD PL
9TH S
T W
116T
H A
VE
NE
8TH
ST
S
NE 143RD ST
2ND
ST
110T
H A
VE
NE
8TH ST W
NE 118TH ST
1ST
ST
2ND
ST
17TH AVE W
NE 75TH ST
5TH AVE S
84TH
AV
E N
E
NE 143RD ST
95TH
PL
NE
NE 138TH PL
97TH
AV
E N
E
NE 97TH ST
NE 115TH
WAY
NE 38TH PL
100T
H A
VE
NE
NE 53RD ST
10TH
ST
W
132N
D A
VE
NE
NE 104TH ST
CENTRAL WAY
126T
H A
VE
NE
NE 137TH ST
NE 132ND ST
NE 141ST PL
NE 141ST ST
NE 97TH ST
SLAT
ER
AV
E N
E
NE 135TH ST
NE 143RD ST
114T
H A
VE
NE
KIRKLAND AVE
70TH
AVE
NE
NE 140TH ST
113T
H A
VE
NE
NE 111TH PL
NE
JUAN
ITA
DR
NE 136TH ST
5TH AVE S
NE 129TH ST
SLAT
ER
AV
E N
E
102ND AVE NE
10TH
ST
NE 109TH PL
NE 58TH ST
128T
H L
N N
E
110T
H A
VE
NE
128T
H P
L N
E
NE 67TH S
T
115T
H P
L N
E
NE 130TH LN
126T
H A
VE
NE
13TH AVE W
8TH
LN
NE 67TH ST
NE 141ST PL
19TH AVE
NE 66TH ST
107T
H PL
NE
SLAT
ER
AV
E N
E
6TH
ST
S
NE 134TH PL
120T
H A
VE
NE
NE 112TH PL
98TH
AV
E N
E
SLAT
ER A
VE N
E
NE 53RD ST
NE 92ND ST
NE 143RD ST
PARK LN
NE 48TH PL
1ST
ST
S
116T
H P
L N
E
NE 132ND ST
NE 133RD PL
NE 100TH ST
NE 144TH PL
NE 140TH ST
NE 149TH ST
82N
D P
L N
E
112T
H P
L N
E
126T
H A
VE
NE
NE 143RD P
L
NE 68TH PL
12TH AVE
LAK
EV
IEW
DR
13TH AVE
8TH AVE
11TH AVE
5TH AVE
6TH AVE
14TH AVE
6TH AVE
10TH AVE
9TH AVE
8TH AVE
14TH AVE W
10TH AVE W
NE 88TH ST
16TH AVE W
NE 91ST ST
18TH AVE W
FORBES CREEK DR3R
D S
T S
NE 141ST ST
3RD
ST
2ND
ST
S
5TH AVE W
NE 138TH ST
98TH
AV
E N
E
3RD
ST
113T
H A
VE
NE
6TH
ST
129T
H A
VE
NE
3RD
ST
4TH A
VE
1ST
ST
4TH
PL
9TH AVE S
17TH AVE
2ND AVE S
NE 91ST ST
4TH
ST
NE 60TH ST
NE 141ST ST
88TH
PL
NE
NE 73RD ST
104T
H A
VE
NE
NE 84TH ST
NE 100TH ST
NE 72ND ST
123R
D A
VE
NE
NE 73RD ST
124T
H A
VE
NE
120T
H A
VE
NE
NE 95TH ST
79TH
PL
NE
LAKE AVE W
89TH
PL
NE
10TH P
L W
114T
H A
VE
NE
NE 140TH ST
NE 97TH ST
91S
T PL
NE
NE 88TH ST
NE 97TH ST
99TH PL N
E
NE 64TH ST
78TH
PL
NE
NE 131ST W
AY96
TH A
VE
NE
NE 70TH PL
14TH PL
HO
LMES
PO
INT D
R N
E
NE 142ND ST
118T
H A
VE
NE
NE 45TH ST
91ST
AVE
NE
104T
H A
VE
NE
5TH
PL
LAK
E S
T S
94TH
PL
NE
122N
D A
VE
NE
WIL
LOW
S R
D N
E
NE 46TH ST
NE 120TH ST
NE 120TH PL
NE 113TH PL
NE 132ND PL
NE 116TH PL
NE 85TH ST
NE 118TH PL
11TH PL
126T
H A
VE
NE
13TH AVE
NE 112TH PL
SLAT
ER
ST
S
74TH
PL
NE
NE 128TH ST
117T
H P
L N
E
120T
H A
VE
NE
NE 120TH ST
74TH
AV
E N
E
20TH AVE W
NE 136TH PL
11TH AVE
NE 145TH ST
NE 139TH ST
62ND
AVE N
E
117T
H A
VE
NE
117T
H A
VE N
E
CENTRAL AVE
109T
H A
VE
NE
68TH
AVE N
E
NE 122ND PL
127T
H A
VE
NE
TOTE
M LA
KE
BLVD
NE 118TH ST
81S
T A
VE
NE
72ND PL NE
NE 120TH PL
NE 123RD ST
12TH AVE
108T
H A
VE
NE
NE 136TH ST
NE 132ND ST
5TH AVE
NE 136TH PL
NE 141ST ST
NE 83RD ST
NE 141ST PL
116TH W
AY N
E
NE 137TH ST
NE 144TH ST
83RD
PL N
E
NE 137TH PL
NE 73RD ST
NE 110TH PL
NE 103RD PL
116T
H A
VE
NE
111T
H P
L N
E
NE 101ST PL
126T
H A
VE
NE
102N
D P
L N
E
114T
H A
VE
NE
116T
H P
L N
E
130T
H A
VE
NE
NE
110T
H P
L
NE 139TH ST
110T
H A
VE
NE
5TH
PL
S
NE 130TH PL
NE 134TH PL
NE 145TH ST
NE 143RD PL
NE 120TH ST
NE 141ST ST
115TH AV
E N
E
7TH
ST
S
120T
H A
VE
NE
116T
H A
VE
NE
124T
H A
VE
NE
NE TOTEM LAKE WAY
109T
H A
VE
NE
NE 102ND PL
NE 129TH ST
LAK
E W
AS
HIN
GTO
N B
LVD
NE
NE 113TH ST
NE 116TH ST
JUA
NIT
A D
R N
E
BR
IDLE
WO
OD
CIR
108T
H A
VE
NE
90TH AV
E N
E
76TH
PL
NE
112T
H A
VE
NE
124T
H A
VE
NE
116T
H A
VE
NE
141S
T AV
E N
E
8TH AVE W
7TH AVE W
132N
D A
VE
NE
NE 74TH ST
6TH ST W
5TH ST W
3RD S
T W
132N
D A
VE
NE
132N
D A
VE
NE
120TH AVE NE
116T
H A
VE
NE
117T
H A
VE
NE
110T
H A
VE
NE
MA
RK
ET
ST
NE 112TH ST
98TH AV
E N
E
NE 116TH ST
108T
H A
VE
NE
NE 122ND ST
NE 124TH ST
NE 132ND ST
104T
H P
L N
E
107T
H P
L N
E
106T
H P
L N
E
NE 126TH PL
108T
H AVE NE
LAK
E W
AS
HIN
GTO
N B
LVD
NE
FORBES CREEK D
R
105T
H A
VE
NE
NE 133RD ST
84TH
AV
E N
E
NE 143RD ST
107T
H A
VE
NE
NE 125TH ST
72ND
AVE
NE
76TH
AV
E N
E
JUAN
ITA DR
NE
101S
T P
L N
E
NE 134TH LN
NE 145TH ST
P&R
P&R
P&R
City Hall
Library Pool PerformanceCenter
KTUBPeter KirkCommunityCenter
PostOffice
EvergreenHospital
KirklandJustice Center
ForbesLake
TotemLake
SwanLake
LakeWashington
Finn HillMiddle School
Carl SandbergElementary
H.D. ThoreauElementary
JuanitaElementary
JuanitaSenior High
Helen KellerElementary Robert Frost
Elementary
John MuirElementary
KamiakinMiddle School
LakeWashingtonInstitute ofTechnology
A.G. BellElementary
KirklandMiddle School
Peter KirkElementary
Mark TwainElementary
Rose HillElementary
LakeWashingtonSenior High
HolyFamilySchool
LakeviewElementary
InternationalCommunity School
NorthwestUniversity
EmersonHigh
School
Ben FranklinElementary
Seventh DayAdventist School
Yarrow BayWetlands
Bridle TrailsState Park
WatershedPark
PeterKirkPark
HeritagePark
CarillonWoods
Phyllis A.NeedyPark
Doris CooperHoughton BeachPark
MarshPark
TerracePark
Settler’sLanding
David E.BrinkPark
Street EndPark
FeritonSpur South
Rose HillPark
Snyder’sCorner Park Site
Rose HillMeadows
MarinaPark
OhdeAvenuePea Patch
Lake Ave WStreet End Park
TotLotPark
VanAalstPark
CedarViewPark
WaverlyBeachPark
KiwanisPark
ReservoirPark
ForbesLakePark
NorthRose HillWoodlandsPark
SpinneyHomesteadPark
CottonHillPark
HighlandsPark
CrestwoodsPark
ForbesCreekPark
MarkTwainPark
JuanitaBayPark
JuanitaBeachPark
McAuliffePark
HeronfieldWetlands
Jasper’sDog Park
N. KirklandCommunityCenter & Park
TotemLakePark
132ndSquarePark
BrookhavenPark
JuanitaHeightsPark
JuanitaWoodlandsPark
O O DennyPark
Big FinnHill Park
Saint EdwardState Park
WindsorVistaPark
EdithMoultonPark
KingsgatePark
S. NorwayHill Park Site
E. NorwayHill Park
TaylorFields
KirklandCemetery
Neal-LandguthWetlandPark
EverestPark
INTERSTATE
405
INTERSTATE
405
INTERSTATE
405
To Bridlecrest Trail
To SR520 Trail
To Sammamish River Trail
To Sammamish River Trail
To RedmondCentral Connector
To Burke-Gilman Trail
To Burke-Gilm
an Trail
FINN HILL
KINGSGATE
KIRKLANDURBAN
THE VILLAGE AT TOTEM LAKE
Data Sources: City of Kirkland GIS, King County GIS Center, and the Bridle Trails Park Foundation.
NNProduced by the City of Kirkland.© 2016, the City of Kirkland, all rights reserved.No warranties of any sort, including but not limited to accuracy, fitness or merchantability, accompany this product.
0 1/4 1/2 3/4 1
Miles
CROSS KIRKLAND CORRIDOR
Interim Trail Connectionsand Surrounding Amenities
P&R
Boat LaunchBoat MoorageBaseball / SoftballBasketball
FishingGardeningInterpretive Walks
PicnickingPlaygroundPublic Dock
Facilities Rental
O�-Leash Dog Area
RestroomsSoccerSwimming (Summer)TennisVolleyballCommunity FacilityPost O�ceTransit CenterPark & Ride
HospitalParking
Fire Station
Park Trail / WalkwayCross Kirkland Corridor(Kirkland-Owned)
Bicycle LaneKirkland City LimitNeighborhood / Minor StreetMajor Street
Kirkland Park / Open SpaceOther Park / Open SpaceSchool
Interstate / Freeway
Eastside Rail Corridor(King County-Owned)
Future Redmond Central Connector
Overpass
Primary Trailhead
Secondary Trailhead
CKC Trail Mile Marker
5 Miles
Snohomish CountyKing County
City of Kirkland Vicinity Map
INTERSTATE
405
INTERSTATE
5
INTERSTATE
5
INTERSTATE
90
INTERSTATE
90
Bothell
Woodinville
Bellevue
RegionalTrail
Cross KirklandCorridor
Seattle
Shoreline
Edmonds
Medina
MercerIsland
Lynnwood
Kenmore
Kirkland
INTERSTATE
405
Redmond
Eastside RailCorridor
CROSS KIRKLAND CORRIDORINTERIM TRAIL
TRAIL RULESRules governing uses on the Cross Kirkland Corridor are provided by City of Kirkland Code. The following rules are posted along the trails:» Pets must be on leash» Pick up after your pet» Stay on trail» Pass on left and warn before
passing» Stay within the 15 miles per hour
speed limit» Use during daylight
hours only» No motorized vehicles» No horses
Kirkland Municipal Code Section 19.40.020
Following trail etiquette will allow all users to have a positive trail experience.TRAIL USERS:» When entering or crossing a trail at
an uncontrolled point yield to traffic already on the trail.
» Respect the special needs of dis-abled trail users.
» Be cautious at intersections and use the flashing beacons.
» When exiting the trail, look back to see what may be coming up behind you.
» Stay to the right of the trail and move in a predictable manner.
» Cellphones and headphones can make it difficult to hear what’s going on around you. Be aware of what is going on around you.
» Do not block the path and yield to moving users while stopped.
» Leave no trace, garbage cans and mutt mitts are located at all road crossings.
» Enjoy the trail!BICYCLISTS:» Wear a helmet.» Bicyclists yield to pedestrians and
give audible warning (vocal or ring a bell) when passing pedestrians or other bicyclists.
» Ride at a safe speed. Slow down and form a single file in congested conditions, reduced visibility, and other hazardous conditions.
» Wear lights and reflective devices for your safety in low light hours.
PEDESTRIANS:» Listen for audible signals and allow
faster trail users (runners and bicyclists) to pass safely.
» Keep pets on a short leash and on the right side of the trail.
CONTACT THE CITY OF KIRKLAND 425-587-3900 WITH ANY
QUESTIONS OR CONCERNS.
ETIQUETTE
Primary Trailhead: is a main at-grade connection of the CKC to a street with sidewalks. Primary trailheads are accessible to those with mobility challenges and do not involve steps or steep slopes.Secondary Trailhead: is a minor connection typically built by volunteers to connect neighborhoods or parks to the CKC. The size and accessibility of these trailheads are dependent upon the character of the surrounding area and level of use. These connections are not accessible to those with mobility challenges. Some have bicycle runnels and others are envisioned to be enhanced to a primary trailhead status when funding becomes available. Trailhead arrows point to the direction of access to each trail head on the map.
TH
E
Page 9
THE PROPERTY319 8th ST S.
Please submit offers as soon a possible to CenturyPacific at:
Attention: Campbell Mathewson 1201 Third Ave - Suite 1680 Seattle, WA 98101 [email protected] 206-757-8893
Please be sure to include, at a minium:
- Purchase Price - Feasibility Period - Closing Date - Earnest Money - Financial Capacity of Buyer
Page 9
IV. DEAL TERMS 319 8th Street South
www.CenturyPacificLP.com 1201 Third Ave, Suite 1680
Seattle, WA 98101
ContactCampbell Mathewson 206.757.8893
CenturyPacific, LLLP
DISCLAIMER
Materials contained in this offering are furnished solely for the purpose of considering the purchase of the property located at 319 8th Street South in Kirkland, 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.
Page 10
V. DISCLAIMER