rare opportunity to acquire 76,309 sq.ft. 9 lot parcel in ......in addition to the bellevue art...

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Presented by: Bob Baldridge 425-922-9494 [email protected] Bonnie Lindberg 206-714-0724 [email protected] Rare Opportunity to acquire 9 Lot Parcel in Bellevue. The Bellevue Medical District has two hospitals and is the center for all medical needs on the Eastside. 76,309 Sq.Ft.

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Page 1: Rare Opportunity to acquire 76,309 Sq.Ft. 9 Lot Parcel in ......In addition to the Bellevue Art Museum, the city has an active theater and the music scene, including the Bellevue Ballet

Presented by:

Bob Baldridge 425-922-9494

[email protected]

Bonnie Lindberg 206-714-0724

[email protected]

Rare Opportunity to acquire

9 Lot Parcel in Bellevue.

The Bellevue Medical District has two

hospitals and is the center for all

medical needs on the Eastside.

76,309 Sq.Ft.

Page 2: Rare Opportunity to acquire 76,309 Sq.Ft. 9 Lot Parcel in ......In addition to the Bellevue Art Museum, the city has an active theater and the music scene, including the Bellevue Ballet

Executive Summary

THE OFFERING:

Hallmark Realty Corporation is pleased to present 76,309 S.F. of prime

property, located close to Hospitals, Downtown Bellevue and the Spring

District Development.

This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information. References to size or age are approximate. Buyer must verify the information and do their due diligence on all information for accuracies.

Bellevue 9 Lot Assemblage

Total SF of Area = 76,309 SF

Building: Maximum floor area 152,618 SF

(Ordinance No. 6293)

Zoning: BR-MO

Optimal Land Use:

• Hotels/Motels

• Short Stay Facility

• Mixed Use

• Congregate Care Senior Housing

• Nursing Home

• Assisted Living

• Medical use

Hieght restriction: 70 FT

Convenient location close to hospitals, a variety of Medical

services, Downtown shopping, The Spring District and Freeways

$ 15,780,000.00

NOTICE TO BUYERS: This listing is an

assemblage of 9 lots being Sold as one

parcel.

Page 3: Rare Opportunity to acquire 76,309 Sq.Ft. 9 Lot Parcel in ......In addition to the Bellevue Art Museum, the city has an active theater and the music scene, including the Bellevue Ballet

Location

“Bellevue” is derived from the French words meaning “Beautiful View”

This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information. References to size or age are approximate. Buyer must verify the information and do their due diligence on all information for accuracies.

• Located across the bridge from Seattle and the

University of Washington; between Lake Washington on

the west and Lake Sammamish on the east.

• The greater Bellevue area is one of the more affluent in

the US

• Bellevue is the center of commerce and culture for East

King County.

• Bellevue is the 5th largest City and has the second

largest City Center in the State.

• Bellevue has a very diverse population with over 39%

born in another country.

• Bellevue has a very highly educated population with low

unemployment, high incomes , home values and personal

wealth.

• The economy is robust and growing faster than the

county, state and country averages.

• The population growth continues strong in all categories.

In“2016” more then 25% of the population were over age

55

Page 4: Rare Opportunity to acquire 76,309 Sq.Ft. 9 Lot Parcel in ......In addition to the Bellevue Art Museum, the city has an active theater and the music scene, including the Bellevue Ballet

9 Lot Development site

Additional Info:

The 9 Lot Site is 76,309

SF Zoned BR-OM

Aegis scheduled to

break ground on an

approved 6 story

118 room Facility on a

54,257 SF Site

This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied,

as to the accuracy of the information. References to size or age are approximate. Buyer must verify the information and do their due diligence

on all information for accuracies.

Page 5: Rare Opportunity to acquire 76,309 Sq.Ft. 9 Lot Parcel in ......In addition to the Bellevue Art Museum, the city has an active theater and the music scene, including the Bellevue Ballet

Neighboring site to be developed

This is the site plan per

the City of Bellevue

for

Aegis proposed New

Assisted Care and

Memory Care 118

room facility.

Located just to the

South of our available

9 Lot Assemblage

116th

Planned New Assisted Living

And Memory Care site

This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy of the information. References to size or age are approximate. Buyer must verify the information and do their due diligence on all information for accuracies.

Page 6: Rare Opportunity to acquire 76,309 Sq.Ft. 9 Lot Parcel in ......In addition to the Bellevue Art Museum, the city has an active theater and the music scene, including the Bellevue Ballet

Bellevue Aerial

This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied,

as to the accuracy of the information. References to size or age are approximate. Buyer must verify the information and do their due diligence

on all information for accuracies.

Page 7: Rare Opportunity to acquire 76,309 Sq.Ft. 9 Lot Parcel in ......In addition to the Bellevue Art Museum, the city has an active theater and the music scene, including the Bellevue Ballet

Bellevue is Growing Fast with lots of Amenities

The fifth largest city in Washington, Bellevue is a center of

commerce and culture, and has an array of activities throughout the

year that engage the entire community. Bellevue is also at the

heart of technology and innovation with companies like

Microsoft, eBay, and Valve all having major offices in the city.

Bellevue is the eastside’s center stage for events like the Streets

Arts & Crafts Fair, Taste of Bellevue, the annual Jazz Festival,

Summer in the Park concert Series, Japan Week, and many special

holiday events. In addition to the Bellevue Art Museum, the city has

an active theater and the music scene, including the Bellevue Ballet

and the Bellevue Philharmonic Orchestra

It is also home to one of the nation’s finest shopping centers, The

Bellevue Collection, which offers everything from small boutiques to

major department stores. This downtown hub also offers world-

renowned restaurants and an active nightlife where live music and

dancing can always be found. Bellevue is a destination that

continues to generate a substantial number of conventions and

special events year round.

Meydenbauer Center, located in downtown Bellevue, is the Greater

Seattle area’s second largest convention center. Its 36,000 square

foot exhibit hall, nine meeting rooms, and 400-seat theater are

designed for conventions, and also hosts local events and art

programs.

Downtown isn’t the only place to play in Bellevue. Throughout its many

residential neighborhoods, the city maintains an excellent parks and

recreation system. There are numerous trails, golf courses, picnic areas,

swimming pools, and greenbelts. Private clubs in the area also offer first

class athletics, marina, and social facilities.

Nature lovers can visit the Bellevue Botanical Garden comprised of 36 acres

of display gardens, woodlands, meadows, and wetlands. Highlights include the

NPA Perennial Border, Waterwise Garden, and Yao Japanese Garden. Given

the diversity of lifestyles in Bellevue, it’s only natural that the city’s housing

options would follow suit.

Bellevue’s housing choices range from waterfront villas to family-filled

neighborhoods to newly developed apartments and condominiums in the

heart of Bellevue’s downtown core. With a booming economy and so many

activities and lifestyles to choose from, Bellevue is truly a city with something

for everyone

Bellevue is neighbors to Kirkland and Redmond home of Google and

Microsoft, and headquarters to many small to large companies. This is

adding to the eastside growth. Eastside is looking forward the

addition of the Sound Transit Light Rail, expected to be completed by

2023. The light rail run through downtown Bellevue to the surrounding

cities of Seattle, Redmond and south to Tacoma.

Page 8: Rare Opportunity to acquire 76,309 Sq.Ft. 9 Lot Parcel in ......In addition to the Bellevue Art Museum, the city has an active theater and the music scene, including the Bellevue Ballet

Demographics – In a 5 Mile Radius

Page 9: Rare Opportunity to acquire 76,309 Sq.Ft. 9 Lot Parcel in ......In addition to the Bellevue Art Museum, the city has an active theater and the music scene, including the Bellevue Ballet

Web Links:

HALLMARK REALTY

This information has been secured from sources we believe to be reliable, but we make no representation or warranties, expressed or implied, as to the accuracy

of the information. References to size or age are approximate. Buyer must verify the information and do their due diligence on all information for accuracies.

Enjoy Great Dining

Shopping

Golf

Water Sports

Arts and

Entertainment

And

Much more

Hallmark Realty Corp.

101 Lake Street So

Kirkland, WA 98033

Bob Baldridge

(425)922-9494

[email protected]

Bonnie Lindberg 206-714-0724

Managing Broker

[email protected]