La Plaza - images1.loopnet.com€¦ · la plaza shopping center la plaza interstate 5 516 99...

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MICHELLE ABBOTT 206.533.5094 [email protected] For Leasing: RETAIL FOR LEASE LA PLAZA SHOPPING CENTER La Plaza INTERSTATE 5 516 99 PROPOSED NEW LINK LIGHT RAIL STATION HIGHLINE COMMUNITY COLLEGE 30 TH AVE S S 236 TH ST PACIFIC HIGHWAY S MILITARY ROAD S PROPOSED NEW ROAD PROPOSED NEW ROAD HIGHLINE PLACE 239 UNITS MIXED-USE 23313 PACIFIC HIGHWAY S, DES MOINES, WA 98032

Transcript of La Plaza - images1.loopnet.com€¦ · la plaza shopping center la plaza interstate 5 516 99...

Page 1: La Plaza - images1.loopnet.com€¦ · la plaza shopping center la plaza interstate 5 516 99 proposed new link light rail station highline community college 30 th ve s s 236 th st

MICHELLE [email protected]

For Leasing:

RETAIL FOR LEASE

LA PLAZA SHOPPING CENTER

La Plaza

INTERSTATE

5 516

99

PROPOSED NEW LINK LIGHT RAIL STATION

HIGHLINE COMMUNITY

COLLEGE

30TH AVE S

S 236 TH ST

PACIFIC HIGHWAY S

MILITARY ROAD S

PROPOSED NEW ROAD

PROPOSED NEW ROAD

HIGHLINE PLACE 239 UNITS MIXED-USE

23313 PACIFIC HIGHWAY S, DES MOINES, WA 98032

Page 2: La Plaza - images1.loopnet.com€¦ · la plaza shopping center la plaza interstate 5 516 99 proposed new link light rail station highline community college 30 th ve s s 236 th st

La Plaza Shopping Center23313 PACIFIC HIGHWAY S, DES MOINES, WA 98032

MICHELLE ABBOTT206.533.5094 | [email protected] www.iwcre.com

Leasing Contact:The information herein 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. Properties are subject to change in price and/or availability without notice.

HIGHLIGHTS

ZONING

The LaPlaza Shopping Center straddles city lines and lies within two zoning code distinctions, City of Kent MTC-1, Midway Transit Community 1 (northern parcels), and City of Des Moines H-C, Highway Commercial (southernmost parcels). Suite 23313 is located within the City of Des Moines.

END-CAP AVAILABLE

END-CAP AVAILABLE

SUITE 23313SUITE SF $/SF

23313 17,901 SF Call for Rates

► Excellent wrap-around frontage

► Direct visibility to Highway 99

► Private loading dock

► Prime top position on Pylon Sign

► High-visibility shopping center

► Centrally located between Seattle and Tacoma; serving Kent, Des Moines, and Burien communities

► National drive-thru pharmacy coming soon to pad site (former Burger King)

► Immediate access to Interstate-5 and State Route 516

► Adjacent to proposed Light Rail Station

► Two blocks from Highline College

► Newly installed police-monitored surveillance cameras

► 2020 NNNs of $8.74/SF

Page 3: La Plaza - images1.loopnet.com€¦ · la plaza shopping center la plaza interstate 5 516 99 proposed new link light rail station highline community college 30 th ve s s 236 th st

La Plaza Shopping Center23313 PACIFIC HIGHWAY S, DES MOINES, WA 98032

MICHELLE ABBOTT206.533.5094 | [email protected] www.iwcre.com

Leasing Contact:The information herein 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. Properties are subject to change in price and/or availability without notice.

PACIFIC HIGHWAY SOUTH

KENT-DES M

OINES R

OAD

PY

LON

LOADINGDOCK AREA

PYLON

35,000

PRO NAILS

Nat

iona

l D

rive

-Thr

u P

harm

acy

KONICH’S

TERIYAKI

LUCKY

LIQUOR &

WIN

E

CLI

P C

UT

SA

LONThe Market

at La PlazaSUITE 23313

17,901 SF

Page 4: La Plaza - images1.loopnet.com€¦ · la plaza shopping center la plaza interstate 5 516 99 proposed new link light rail station highline community college 30 th ve s s 236 th st

La Plaza Shopping Center23313 PACIFIC HIGHWAY S, DES MOINES, WA 98032

MICHELLE ABBOTT206.533.5094 | [email protected] www.iwcre.com

Leasing Contact:The information herein 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. Properties are subject to change in price and/or availability without notice.

PROPOSED PARKING REVISIONS PROPOSED FAÇADE UPGRADES

Pacific Highway SKent-D

es Moines R

oadNationalDrive-thruPharmacy

Anchor

*Not drawn to scale

PRO NAILS

CLI

P C

UTS

SA

LON

KONICH’s

TERIYAKI

LUCKY

LIQUOR

& WIN

E

Page 5: La Plaza - images1.loopnet.com€¦ · la plaza shopping center la plaza interstate 5 516 99 proposed new link light rail station highline community college 30 th ve s s 236 th st

La Plaza Shopping Center23313 PACIFIC HIGHWAY S, DES MOINES, WA 98032

MICHELLE ABBOTT206.533.5094 | [email protected] www.iwcre.com

Leasing Contact:The information herein 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. Properties are subject to change in price and/or availability without notice.

CONSUMER SPENDING 1 MILE 3 MILE 5 MILE

2018 Total Specified Spending $150,262 $901,172 $2,092,295

2023 Projected Specified Spending $177,108 $1,069,476 $2,475,402

1 MILE

3 MILE

5 MILE

LA PLAZA

HOUSEHOLDS 1 MILE 3 MILE 5 MILE

2018 Average Household Income $70,009 $76,794 $79,812

2018 Estimate 6,229 35,833 80,702

2023 Projection 6,712 38,875 87,387

Growth 2010 - 2018 15.14% 21.23% 19.52%

Growth 2018 - 2023 7.75% 8.49% 8.28%

POPULATION 1 MILE 3 MILE 5 MILE

2018 Estimate 16,506 91,330 209,084

2023 Projection 17,744 98,802 225,718

Growth 2018-2023 7.50% 8.18% 7.96%

DAYTIME EMPLOYMENT 1 MILE 3 MILE 5 MILE

Number of Businesses 453 2,843 8,718

Employees 4,701 38,187 113,198

Highline College Demographics, 2017-2018: 17,256 students

OTHER

CAUCASIAN

ASIAN

AFRICAN AMERICAN

HISPANIC/LATINO26%9%

20%

17%

27%