gibraltar restaurant/retail · surrounding businesses include queen bee coffee, cafe flora, luc,...

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GIBRALTAR INVESTMENT PROPERTY SOLUTIONS Laura Miller (206) 351.3573 | MOBILE [email protected] Gibraltar LLC 206.367.6080 | OFFICE 206.367.6087 | FAX www.gibraltarusa.com For more information please contact: Session Restaurant/Retail 2051 E Madison Street | Seattle

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Page 1: GIBRALTAR Restaurant/Retail · Surrounding businesses include Queen Bee Coffee, Cafe Flora, Luc, Voila, Bar Cantinetta, ... 7 1-S T O R Y B U I L D I N G GREASE SHAFT ABOVE DISHWASHER

GIBRALTARINVESTMENT PROPERTY SOLUTIONS

Laura Miller(206) 351.3573 | [email protected]

Gibraltar LLC206.367.6080 | OFFICE

206.367.6087 | FAXwww.gibraltarusa.com

For more information please contact:

SessionRestaurant/Retail

2051 E Madison Street | Seattle

Page 2: GIBRALTAR Restaurant/Retail · Surrounding businesses include Queen Bee Coffee, Cafe Flora, Luc, Voila, Bar Cantinetta, ... 7 1-S T O R Y B U I L D I N G GREASE SHAFT ABOVE DISHWASHER

OverviewThe Session is an exciting new mixed use apartment/retail building designed by MITHUN Architects and comprised of 98 apartment homes plus 5,109 square feet of street-level retail space. Located on the corner of E. Madison St. and 21st Avenue E., just two miles east of Seattle’s Downtown Core, and on the outskirts of Capitol Hill. Surrounding businesses include Queen Bee Coffee, Cafe Flora, Luc, Voila, Bar Cantinetta, Harvest Vine, El Gallito and the critically acclaimed Crush.

This information has been obtained from sources believed reliable. No guarantee, warranty or representation, express or implied, is made as to the accuracy of the information contained herein, and same is sub-mitted subject to errors, omissions, change of price, rental or other conditions withdrawal without notice, and to any special listing conditions, imposed by our principals. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property.

Highlights•Seeking experienced business operators for this exciting new project•Located in the heart of dense residential with abundant growth underway with 242 existing apartment

homes above Safeway plus 157 additional apartments under construction across the street at Twenty-20 Mad•3 street-level commercial spaces available•Scheduled for “turn-over” to commercial tenants: June 2016•18 dedicated retail parking stalls located in on-site garage•Attractive delivery conditions include:•13 ft ceilings, large (8 1/2 foot) awnings which will be plumbed for gas heaters, and extra-wide

sidewalks (ideal for restaurant/cafe outdoor seating)•Operable storefronts•Vertically-vented Type 1 hood grease shafts•Common area bathrooms•Dedicated trash/recycling room

Available Space RSF Base Rent DescriptionRetail A 2,254 $30/SF/NNN Corner restaurant/cafe, grease shaft, patio seating, operable

storefrontRetail B 1,764 $30/SF/NNN Restaurant/coffee shop, grease shaft, patio seating, operable

storefrontRetail D 675 $28/SF/NNN Street-level retail space

SessionRestaurant/Retail

2051 E Madison Street | Seattle

Page 3: GIBRALTAR Restaurant/Retail · Surrounding businesses include Queen Bee Coffee, Cafe Flora, Luc, Voila, Bar Cantinetta, ... 7 1-S T O R Y B U I L D I N G GREASE SHAFT ABOVE DISHWASHER

Demographics (2015) .5 mile 1 mile 2 milesDaytime Population 13,940 47,737 126,094 Total Households 7,802 25,266 70,118Average Household Income $73,165 $78,467 $78,279

Twenty-20 Mad157 units

SessionRestaurant/Retail

2051 E Madison Street | Seattle

SESSION

Queen Bee Coffee

Page 4: GIBRALTAR Restaurant/Retail · Surrounding businesses include Queen Bee Coffee, Cafe Flora, Luc, Voila, Bar Cantinetta, ... 7 1-S T O R Y B U I L D I N G GREASE SHAFT ABOVE DISHWASHER

DN

DN

DN

DN

UP

2345678

1011

1214

1819

2021

22

1516

1726

2728

RAMP DN

SLOPE +/-5%

13' - 5"

23' - 6"

EXISTING 1-STORY BUILDING

GREASESHAFT ABOVEDISHW

ASHER SHAFTABOVE

GREASESHAFT ABOVE

DISHWASHER

SHAFT ABOVE

PL

PL

PL

PLPL

PL

PL

PL

PAINTED STEELCANOPY ABOVE

16' - 0"DRIVE AISLE

21' - 11" 16' - 0"

16' - 0" TYP

MM

MM

MM

M

MM

MM

MM

M

MM

MM

CC C C C

1VAN

7' - 6"

9

1323

29

BIKE STORAGE(10 BIKES)

RAMP DNSLOPE +/- 2%

BOILER FLUESHAFT ABOVE

DNDN

PAINTED STEELCANOPY ABOVE

7' - 6"

CC

TENANT GATE

CHAINLINK FENCE

CHAINLINK FENCE

OUTDOOR SEATING AREA

CLR

8' - 0"

41' - 8"

49' - 8"

40' - 0"

10' - 6"

47' - 1"

39' - 5"

16' - 7"

9' - 4"

29' - 4"

22' - 1"

7' - 6"

34' - 10"

31' - 1"

8' - 0"

OUTDOOR SEATING AREA

PAINTED STEELCANOPY ABOVE

16 PARKING SPACESRESERVED FORCOMMERCIAL USE(INCLUDES 1 ACCESSIBLEPARKING SPACE)

OPERABLE WINDOW WALL

OPERABLE WINDOW WALL

PARKING ENTRANCE/EXIT

NOTE: NET AREA MEASURED TO INTERIOR FACE OF WALL W

ITHIN SPACE. GROSS AREA MEASUREDTO OUTSIDE OF EXTERIOR W

ALL AND MIDPOINT OF DEMISING WALL. DIMENSIONS AND AREAS ARE

APPROXIMATE AND SUBJECT TO CONSTRUCTION TOLERANCES.

OUTDOOR SEATING AREA

21' - 7"

6' - 6"

24' - 1"

7' - 2" PL

25' - 2"

10' - 2"5' - 4"

2051 E. MADISONLEASING PLANS

04/22/2016 CO

MM

ER

CIA

L "C"

CO

MM

ER

CIA

L "A"

GR

OS

S: 2254 S

FN

ET: 2102 S

F

CO

MM

ER

CIA

L "B"

GR

OS

S: 1764 S

FN

ET: 1675 S

F

CO

MM

ER

CIA

L "D"

GR

OS

S: 675 S

FN

ET: 595 S

F

WO

ME

NS

RM

ME

NS

RM

MA

IL RM

TRA

SH

RM

TRA

SH

RM

RE

SID

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TIAL

LOB

BY

PA

CK

AG

ES

&LE

AS

ING

FITNE

SS

RM

SessionRestaurant/Retail For Lease

2051 E Madison Street | Seattle