RETAIL AT THE GRAND | HYATT...unique restaurant opportunity with access from the Grand Hyatt Hotel,...

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RETAIL AT THE GRAND | HYATT 1510 7 TH AVENUE | SEATTLE 4,000 SF OF RESTAURANT SPACE

Transcript of RETAIL AT THE GRAND | HYATT...unique restaurant opportunity with access from the Grand Hyatt Hotel,...

Page 1: RETAIL AT THE GRAND | HYATT...unique restaurant opportunity with access from the Grand Hyatt Hotel, and just steps from The Paramount Hotel, Washington State Convention Center, and

R E T A I L A T T H E

G R A N D | H YAT T

1 5 1 0 7 T H AV E N U E | S E AT T L E4 , 0 0 0 S F O F R E S TAU R A N T S PAC E

Page 2: RETAIL AT THE GRAND | HYATT...unique restaurant opportunity with access from the Grand Hyatt Hotel, and just steps from The Paramount Hotel, Washington State Convention Center, and

RETAIL OPPORTUNITY IN SEATTLE’S GRAND HYATT HOTELLocated in Seattle’s vibrant downtown retail core and business district, 1510 7th Avenue offers a unique restaurant opportunity with access from the Grand Hyatt Hotel, and just steps from The Paramount Hotel, Washington State Convention Center, and more. Centrally located on 7th avenue between Pike and Pine Streets, 1510 7th benefits from the high volume of daytime shoppers visiting nearby retailers including Pacific Place, Nordstrom’s Flagship Store, North Face, Nike, and Westlake Center. Adjacent retailers include The Cheesecake Factory, GameWorks Seattle, Regal Cinemas, Starbucks, Club Monaco, and J Crew.

Formerly home to Blue C Sushi, this one-of-a-kind restaurant opportunity offers a diverse customer base of hotel visitors, downtown workers, retail shoppers, and entertainment seekers. The Washington State Convention Center alone hosts over 410k visitors per year.

NEIGHBORHOOD HIGHLIGHTS

» Downtown Seattle’s retail core is home to national and local retail including Nordstrom’s flagship store, Pacific Place shopping center, and Westlake Center

» The Washington State Convention Center sees over 410K visitors per year

» Easy access to I-5, Link Light Rail, Seattle Street Car and metro bus routes

» 11.5 million SF of office, 3,600 residential units, and 11 hotels within 1/4 mile

2019 ESTIMATED DEMOGRAPHICS

.25 miles .5 miles 1 mile 3 miles

RESIDENTIALPOPULATION 4,281 26,375 80,664 224,440

DAYTIME POPULATION 46,808 133,302 259,003 471,332

AVERAGEHH INCOME $139,983 $118,312 $106,635 $128,063

MEDIAN AGE 43.8 39.7 35.7 37.1

99

WALKSCORE

100

TRANSIT SCORE

92

BIKE SCORE

R E T A I L A T T H E

G R A N D | H YAT T

Photo by Alabastro Photography

Page 3: RETAIL AT THE GRAND | HYATT...unique restaurant opportunity with access from the Grand Hyatt Hotel, and just steps from The Paramount Hotel, Washington State Convention Center, and

7TH AVENUE

NORTH

» 4,000 RSF for lease

» Former Blue C Sushi Restaurant space with restaurant infrastructure in place. Opportunity is ideal for Kaiten Sushi

» Adjoins the Grand Hyatt lobby and existing Washington State Convention Center. Located just a few blocks from the future Summit Building addition to the convention center

» Excellent opportunity to join the retail mix on 7th Avenue, including Starbucks, Gameworks, The Cheesecake Factory, and The Roosevelt Hotel

» Walking distance to Pacific Place, Westlake Center, boutique retail shops and local attractions

BUILDING HIGHLIGHTSPROJECT DETAILS

RETAIL AVAILABLE 4,000 RSF

ASKING RENT Call for rates

NNN ESTIMATE $13.50 PSF

TENANT IMPROVEMENTS Negotiable

DELIVERY Available Now

Deli & Market

Park

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Entra

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Hotel Lobby

4,000 SFAVAILABLE

FLOOR PLAN NEARBY AMENITIES

Retail Office HotelNORTH

5TH AVENUE

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WASHINGTON STATECONVENTION CENTER

WSCCCONFERENCE

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520 PIKETOWER

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WESTLAKE CENTER

WESTLAKETOWER

MEDICAL& DENTALBUILDING

BARTELLS

MAYFLOWERPARK HOTEL

BUFFALOWILD

WINGSWELLSFARGO

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15107TH AVE

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LOGANBUILDINGPALOMINO

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O N T H E E D G E O F

E X PA N S I O NCONNECTED TO THE EXPANDING CONVENTION CENTER1510 7th Avenue is well connected in the heart of the Washington State Convention Center footprint. This rare opportunity boasts an interior retail entry ajoining the Grand Hyatt Hotel lobby and the Arch | Conference Center, and is centrally located between the existing Arch | Convention Center building and the future Summmit building expansion just a few blocks away (opening Spring 2022).

The Washington State Convention Center currently hosts an average of over 410k visitors per year. Following expansion, the Summit building is expected to host more than 400k new visitors, bringing year-round demand to hotels, attractions, local restaurants and retailers.

2BLOCKS

FROM THE SUMMIT BUILDING EXPANSION OF THE WSCC

2BLOCKS

ESTIMATED NUMBER OF ADDITIONALCONFERENCE VISITORS PER YEAR

400KVISITORS

$260MILLION

ESTIMATED ADDITIONAL ANNUAL VISITOR SPENDING

STEWART ST

OLIVE WAY

PINE ST

PIKE ST

UNION ST

WSCC ARCHBUILDINGS

WSCC SUMMITBUILDING

EXPANSION

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GRANDHYATT

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Renderings byLMN Architects

NORTH

Page 5: RETAIL AT THE GRAND | HYATT...unique restaurant opportunity with access from the Grand Hyatt Hotel, and just steps from The Paramount Hotel, Washington State Convention Center, and

For Retail LeasingOpportunities Contact:

ANNE MARIE KOEHLER+1 206 487 [email protected]

ERIKA KOEHLER+1 206 487 [email protected]

1510 7TH AVE SEATTLE, WA

The distributor of this communication is performing acts for which a real estate license is required. The information contained herein has been obtained from sources deemed reliable but has not been verified and no guarantee, warranty or representation, either express or implied, is made with respect to such information. Terms of sale or lease and availability are subject to change or withdrawal without notice. 18-1023_5/19

R E T A I L A T T H E

G R A N D | H YAT T

15107TH AVE