MAPLE VALLEY

Report 3 Downloads 114 Views
FOR SALE or GROUND LEASE

MAPLE VALLEY

DEVELOPMENT SITE

This land development opportunity is located in the City of Maple Valley, at the heart of a thriving, educated and affluent trade area poised for explosive growth.

26217 MAPLE VALLEY-BLACK DIAMOND ROAD :: MAPLE VALLEY, WASHINGTON

11.33 ACRES OF LAND (DIVISIBLE) F O R C O M M E R C I A L , R E TA I L , M I X E D U S E • All: $8.00/PSF – Part: $15.00 - $25.00/PSF • 4 parcels # 4127000870, #4127000878, #4127000879, #412700-0876 • 12,000 SF flex use building on land (for lease or for sale) • Prime location off SR 169 with great visibility and excellent signage opportunity • High Traffic counts of 14,680 VDT on Maple Valley Black Diamond Rd. (SR- 169) and 264th Street • Zoned Business Park (BP) Zoning within current overlay re-zoning plans allowing various development uses including festival, mixed-use, medical, office, and retail • Freestanding buildings and drive-thru pads available, including a corner traffic light intersection with right/left turn ingress and egress

FOR MORE I N F O R M AT I O N P L E A S E C O N TAC T

Riley Shephard

Lourdes Valdesuso

Gretchen Hamm

425.462.6932

206.618.7003

206.292.6158

[email protected]

[email protected]

[email protected]

MAPLE VALLEY

DEVELOPMENT SITE

MAPLE VALLEY, WASHINGTON

ABOUT THE TRADE AREA

• Approximately 33% of Maple Valley’s

population is made up of youth under the age of 17.

• Across from Maple Valley Town

Square, a Fred Meyer anchored center breaking ground Spring 2011, and Four Corner Square located directly to the south of the property and slated for retail/mixed use redevelopment.

• One of the highest median incomes in King County, $94,076 within a 1-mile radius

• 1-mile population has increased by 64%

over past 10 years with continued growth. The 17th fastest growing city in the Washington.

M O R E F E AT U R E S • King County’s municipality • Level topography • Easy access to recently city upgraded public utilities

2010 ESTIMATED DEMOGRAPHICS 1-Mile

3-Miles

5-Miles

6,146

33,963

64,620

64.06%

29.54%

25.57%

2,021

11,617

21,962

66.14%

31.16%

26.50%

AVG HH INCOME

$105,821

$102,655

$102,007

AVG HOUSING VALUE

$355,035

$344,485

$351,798

POPULATION POPULATION GROWTH 2000–2010 HOUSEHOLDS HOUSEHOLD GROWTH 2000–2010

© 2011 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs. TL 11-15-11