REDMOND TOWN CENTER - LoopNet

[Pages:21]REDMOND TOWN CENTER

7525 166th Avenue NE | Redmond, WA 98052

STEVE HANSEN

STEVEN E. OLSEN

JACOB MORGAN

ALEX VLASKI

steveh@ steveo@ jacobm@ alexv@

7325 166TH AVENUE NE, SUITE F-260 REDMOND, WA 98052

425.455.0500 |

Redmond, Washington offers all of the natural beauty and

eclectic activity you seek in the Pacific Northwest. From serene and meandering bike paths to competitive cycling events; from lively outdoor concerts to diverse family activities; from an upscale outdoor shopping center to local boutique stores, Redmond is an unforgettable experience. You can also experience nearby wineries, dining for every taste, and luxury accommodations in Redmond's world-class hotels. Redmond based companies are global technology leaders that are changing the world in which we live including software, aerospace, interactive media and electronics. From Microsoft, Nintendo, Oculus and Aerojet Rocketdyne to Physio-Control and Alstom Grid, these firms are developing the next technologies to advance the global economy from cloud computing, virtual reality, and smart grid to manned missions to Mars. These firms have proved the region can recruit and retain the technologically skilled talent pool for those companies interested in making Redmond home. Fun and exciting events take place all year long in Redmond. Regional and neighborhood parks, outdoor movies and concerts, sports tournaments, theater performances, annual festivals, a Saturday Farmers' Market, and local arts highlight the long list of Redmond activities and events. Redmond is centrally located between Seattle/Bellevue and the Sammamish River Valley. Provided by and

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THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY SOURCES WE DEEM RELIABLE, WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE.

| REDMOND TOWN CENTER 7325 166TH AVENUE NE, SUITE F-260, REDMOND WA 98052

REDMOND TOWN CENTER HIGHLIGHTS

THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY SOURCES WE DEEM RELIABLE, WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE.

| REDMOND TOWN CENTER 7325 166TH AVENUE NE, SUITE F-260, REDMOND WA 98052

PROJECT

Redmond Town Center is an open air lifestyle center and urban village featuring two levels of retail with 118 merchants, including 28 food service operators.

L O C AT I O N

7525 166th Ave NE Redmond, WA 98052

Located just off of SR-520 approximately 12 miles from Seattle, 8 miles NE of Bellevue and just over 2 miles from Microsoft's World Headquarters Campus and Facebook's Oculus. Strong daytime employment base, including two onsite Microsoft buildings.

T E N TA N T S INCLUDE

EVEREVE, Gene Juarez Salon, Guitar Center, Francesca's, Orangtheory Fitness, TITLE Boxing Club, iPic Theaters, Gap, Bed Bath & Beyond, Petco, Cost Plus World Market, ShareTea, White House | Black Market, Zumiez, and more...

DEMOGRAPHICS

P O P U L AT I O N

1 Mile

12,415

3 Mile

79,195

5 Mile

134,320

90%

Age 25+ Population

Attended College

* Population within 1 Mile Radius, 2018 ESRI Demographics

DAYTI ME PO PULATI O N

1 Mile

23,751

3 Mile

121,134

5 Mile

155,790

AVG HOUSEHOLD INCOME

1 Mile

$132,162

3 Mile

$162,728

5 Mile

$174,900

SHOPPER PROFILE MEDIAN AGE: 34.8 MARRIED: 60% LARGEST EMPLOYER: Microsoft UNEMPLOYMENT RATE: 3% (May 2018) LARGEST POPULATION: 25-54 Strong migration rate Families average 2 Children

20%

Employed in Management Role

* Population within 1 Mile Radius, 2018 ESRI Demographics

47%

Employed in Professional Role

* Population within 1 Mile Radius, 2018 ESRI Demographics

$116,978,594

Consumer Spending Apparel & Services

* 2018 Consumer Spending within 3 Mile Radius, ESRI Demographics

THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY SOURCES WE DEEM RELIABLE, WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE.

| REDMOND TOWN CENTER 7325 166TH AVENUE NE, SUITE F-260, REDMOND WA 98052

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Downtown Park Two-way Street Conversion Cleveland St Streetscape 164th Ave NE Extension 164th Ave NE Rechannelization

Downtown Redmond Map & Projects

The Excitement is Building as the Downtown Redmond neighborhood transforms into a vibrant urban center. Downtown Redmond is located in the heart of the City and is one of two designated regional growth centers in Redmond; today home to nearly 6,000 residents and more than 10,000 jobs. With wide sidewalks, an urban trail, and frequent bus service (and light rail coming in 2024!), thousands of people enjoy the lively, connected neighborhood by foot, bike and bus. Downtown offers a variety of shopping, dining, services, events, employment, mixed-use residences, hotels and parks. Source: City of Redmond Website cms/One.aspx?portalId=169&pageId=82496

Redmond Central Connector

Bear Creek Rehabilitation

Allez Apartments

Elan Apartments

Old Town Lofts

Penny Lane Townhomes

Redmond Square Apartments

Vision 5

The Luke

Mile House

Redmond Way Stormwater Treatment Facility

Core 83

Providence Senior Housing

The Carter

Public Safety Building Renovation

162TEN

The Village

Station House Lofts

Redmond Triangle

Light Rail Extension

Ravello Apartments

Heron Flats and Lofts

Archer Hotel

Redmond Town Center Apartments

Modera

Bear Creek Mixed Use

Anderson Park Hotel

Alexan Central Park

THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY SOURCES WE DEEM RELIABLE, WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE.

| REDMOND TOWN CENTER 7325 166TH AVENUE NE, SUITE F-260, REDMOND WA 98052

REDMOND TOWN CENTER RADIUS

Alderwood Mall

10 MILES

Northgate Mall

The Village at Totem Lake Kirkland Urban

University Village

Pacific Place/Westlake

The Bravern Bellevue Collection

5 MILES 3 MILES 1 MILES

Factoria Mall

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Redmond Town Center is the closest shopping center to affluent residents and workers in Redmond and Sammamish. Sammamish, WA was named #14 on the Top Cities to Live in the U.S. by Money Magazine. This year, Seattle was named the nation's fastest-growing big city; population exceeds 700,000. *Seattle Times

Issaquah Highlands

The Landing

Southcenter Mall

THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY SOURCES WE DEEM RELIABLE, WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE.

| REDMOND TOWN CENTER 7325 166TH AVENUE NE, SUITE F-260, REDMOND WA 98052

REDMOND TOWN CENTER AERIAL

TO WOODINVILLE

Leary Way

BEAR CREEK PLAZA

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NE 76TH

TO BELLEVUE & SEATTLE

Bear Creek Pkwy

MARYMOOR PARK

CREEKSIDE CROSSING

THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY SOURCES WE DEEM RELIABLE, WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE.

| REDMOND TOWN CENTER 7325 166TH AVENUE NE, SUITE F-260, REDMOND WA 98052

REDMOND TOWN CENTER DIRECTORY

THE INFORMATION CONTAINED HEREIN HAS BEEN GIVEN TO US BY SOURCES WE DEEM RELIABLE, WE HAVE NO REASON TO DOUBT ITS ACCURACY, BUT WE DO NOT GUARANTEE IT. ALL INFORMATION SHOULD BE VERIFIED PRIOR TO PURCHASE OR LEASE.

| REDMOND TOWN CENTER 7325 166TH AVENUE NE, SUITE F-260, REDMOND WA 98052

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