sun valley retail opportunities - loopnet€¦ · boulder mountain tour for another 5 years renewed...
TRANSCRIPT
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SUN VALLEY RETAIL OPPORTUNITIES
R E T A I L S P A C E A V A I L A B L E I N N E W L Y R E N O V A T E D H O T E L K E T C H U M
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1
INTRODUCTION
HOTEL KETCHUM | [email protected]
For those of you who get as much out of
your days as you do your evenings.
We’re built for you. We’re Hotel Ketchum.
Start here. Do anything.
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2
RETAIL OPPORTUNIT Y
HOTEL KETCHUM
• $5M+ BUILDING RENOVATION
• RETAILS SPACES 4,252 SF TOTAL, 1,606 DIVISIBLE DOWN TO 308 SF
• MAIN STREET FRONTAGE • AMPLE PARKING
PAUL KENNY, CCIM, ASSOCIATE BROKER | [email protected] | 208-726-1918 X17MATT BOGUE, CCIM, BROKER | [email protected] | 208-726-1918 X10
KETCHUM’S NEWEST BOUTIQUE HOTEL
NEW RESTAURANT AND BAR
58 HOTEL ROOMS WITH SIGNIFICANTRETAIL & RESTAURANT CUSTOMERS
22,000 EXPECTED HOTEL GUESTS ANNUALLY
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PROPERT Y LOCATION
Downtown Ketchum
3PAUL KENNY, CCIM, ASSOCIATE BROKER | [email protected] | 208-726-1918 X17MATT BOGUE, CCIM, BROKER | [email protected] | 208-726-1918 X10
Warm Springs Sun Valley
Lodge
Bald Mountain Hailey
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1BROKER NAME | CONTACT INFO4PAUL KENNY, CCIM, ASSOCIATE BROKER | [email protected] | 208-726-1918 X17
MATT BOGUE, CCIM, BROKER | [email protected] | 208-726-1918 X10
AREA PROFILE
20% The 1% tax provides 20% of the city’s total revenue in 2015
Helped subsidize new non-stop direct flights from
Denver and San Franciscosupporting existing flights from LAX, SEA, SLC
LOT Receipts for Ketchum grew in April 2017 by 8% compared to April 2016
10th consecutive month for YOY revenue growth in LOT
73,090
$21M Estimated direct spend of ~15,200 first-time visitors
• Spend up 18% from 2015
Total Enplanements
• December 2015 - April 2016 and June 2016 - October 2016
$2.5M Generated in fiscal 2016
$1.84M from Ketchum
0
10
20
30
40
50
60
70
80
’12-’13
51
’13-’14
53
’14-’15
68
’15-’16
73Enplanements (000)
+9.7% from 2015
Sun Valley Writers’ Conference
U.S. Alpine Ski Championships 2018+2020
Wagon Days
Allen & Company Conference
Sun Valley Film Festival
Sun Valley Wellness Festival
Trailing of the Sheep
Ride Sun Valley
Sun Valley Symphony
Sun Valley Center for Arts Wine Auction
Boulder Mountain Tour
for another 5 years in May 2017 (’18-’23)Renewed
$131M Total spending of visitors& part time residents (2016)
+13.25% Ketchum’s Lot revenue from in May 2016 to May 2017
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INTERESTING FACTS
$990,123Tom Hanks, Bruce Willis, Demi Moore, Steve Miller, Tony Robbins, Jamie Lee Curtis, Richard Dreyfuss, Steve Wynn, Davis Love III, Mats Wilander, Scott Glen, Peter Cetera, Arnold Schwarzenegger, Clint Eastwood
“While the low-key town of Ketchum, home to Sun Valley’s slopes and Ernest Hemingway’s grave, remains more “Papa” than Prada, new development suggests a more prominent future.”
- the new york times, january 2017
5PAUL KENNY, CCIM, ASSOCIATE BROKER | [email protected] | 208-726-1918 X17MATT BOGUE, CCIM, BROKER | [email protected] | 208-726-1918 X10
Top States of OriginCalifornia, Washington, Utah, Illinois, New York, Texas, Colorado, Nevada, Minnesota, Arizona, Oregon, D.C.
Visitor Average Age ............................ 49Part-time Average Median Age .......... 54Visitor Median Income ............. $203,000Part-time Resident Median Income .....$250,000
2016 Average Home Sale Price in Ketchum
C E L E B R I T I E S A R O U N D T O W N
68% of part-time residents and 39% of visitors reported an annual household income of $250,000+
Median List Price • $353/SF in neighboring Hailey, ID$495/SF
V I S I T O RD E M O G R A P H I C S
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1BROKER NAME | CONTACT INFO6PAUL KENNY, CCIM, ASSOCIATE BROKER | [email protected] | 208-726-1918 X17
MATT BOGUE, CCIM, BROKER | [email protected] | 208-726-1918 X10
HOTEL EXTERIOR
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PROPERT Y OVERVIEW
On-Site Retail OpportunitiesRETAIL SF AVAILABLE:• (1) 408 SF UNIT
• (1) 400 SF UNIT
• (1) 647 SF UNIT
FRONTAGE ON MAIN STREET
ASKING RENT:PRICE UPON REQUEST
NEARBY BUSINESSES:BACKWOODS MOUNTAIN SPORTS, SILVERCREEK OUTFITTERS, FORMULA SPORTS, RASBERRYS, THEODORE’S, SAWTOOTH BREWERY, IN & OUT NAIL SALON, ATKINSON’S MARKET
7PAUL KENNY, CCIM, ASSOCIATE BROKER | [email protected] | 208-726-1918 X17MATT BOGUE, CCIM, BROKER | [email protected] | 208-726-1918 X10
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SITE PL AN
1BROKER NAME | CONTACT INFO
BUILDING C640 N. MAIN STREET: 407 SF
BUILDING C640 N. MAIN STREET: 400 SF
BUILDING C640 N. MAIN STREET: 799 SF
BUILDING D650 N. MAIN STREET: 647 SF
BUILDING D650 N. MAIN STREET: 871 SF
BUILDING E660 N. MAIN STREET: 349 SF
BUILDING E660 N. MAIN STREET: 779 SF
BUILDING E - 2nd FLOOR660 N. MAIN STREET: ~1,706 SF
8PAUL KENNY, CCIM, ASSOCIATE BROKER | [email protected] | 208-726-1918 X17MATT BOGUE, CCIM, BROKER | [email protected] | 208-726-1918 X10
Door 2 Door Ski Rentals(MAY 2019)
Currently Available (Can be Combined)
PARKING 44 on site parking spaces and 34 on street spaces & proximity to 6th street city parking lot & bus stop
0
Currently Available
Paddles Up Poke(DEC 2018)
Sun Valley Trekking(DEC 2018)
Sun Valley Institute Offices
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AVAIL ABLE RETAIL SPACE 3
1BROKER NAME | CONTACT INFO9PAUL KENNY, CCIM, ASSOCIATE BROKER | [email protected] | 208-726-1918 X17
MATT BOGUE, CCIM, BROKER | [email protected] | 208-726-1918 X10
BUILDING D | GROUND FLOOR
Retail Space Net Floor Area = 776 SF
Retail Space Net Floor Area = 776 SF
4
3
LaundryIce Vending
N. MAIN STREET
BUILDING D | GROUND FLOORBUILDING D | GROUND FLOOR
34
Currently Available
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BUILDING C | GROUND FLOOR
BUILDING E | SECOND FLOOR
Retail Space Net Floor Area = 363 SF
FitnessRetail Space Net Floor Area = 760 SF
12
N. MAIN STREET
BUILDING C | GROUND FLOOR
012
AVAIL ABLE RETAIL SPACES 0+1
1BROKER NAME | CONTACT INFO10PAUL KENNY, CCIM, ASSOCIATE BROKER | [email protected] | 208-726-1918 X17
MATT BOGUE, CCIM, BROKER | [email protected] | 208-726-1918 X10
Currently Available
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PADDLES UP POKE
1BROKER NAME | CONTACT INFO12PAUL KENNY, CCIM, ASSOCIATE BROKER | [email protected] | 208-726-1918 X17
MATT BOGUE, CCIM, BROKER | [email protected] | 208-726-1918 X10
BUILDING C | SPACE 2
PADDLES UP POKEPaddles Up Poké is Idaho’s first and only specialty poké restaurant, locat-ed in the heart of Downtown Boise. Paddles Up provides Idahoans with a quick meal to support their active lifestyles. Whether you’re in need of some fuel between meetings, or just grabbing a bite to eat before you hit the river, Paddles Up has got you covered!
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SUN VALLEY GUIDES
1BROKER NAME | CONTACT INFO13PAUL KENNY, CCIM, ASSOCIATE BROKER | [email protected] | 208-726-1918 X17
MATT BOGUE, CCIM, BROKER | [email protected] | 208-726-1918 X10
BUILDING D | SPACE 4
SUN VALLEY GUIDESSun Valley Guides provides exceptional back-country experiences to those who enjoy the climb, savor the pristine snow and embrace wild landscapes! Sun Valley Guides empowers guests to experience the joys, challenges and rewards of journeying into the mountains. For over 35 years their professional guides have been leading quality backcountry skiing, mountain biking and trekking adventures in Idaho and beyond.
Sun Valley Guides is widely recognized for having created on of North America’s oldest most distinctive backcountry hut systems. Their 6 unique huts and yurts provide unmatched access to phenomenal terrain for skiing, mountain biking and trekking.
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DOOR 2 DOOR
1BROKER NAME | CONTACT INFO14PAUL KENNY, CCIM, ASSOCIATE BROKER | [email protected] | 208-726-1918 X17
MATT BOGUE, CCIM, BROKER | [email protected] | 208-726-1918 X10
BUILDING E | SPACE 5 & 6
DOOR 2 DOOR SKI RENTALSIn their 13 years of business, Door 2 Door strives to consistently offer the best service, equipment and knowledge in the Sun Valley area. Door 2 Door is #1 in their service industy on TripAdvisor, Yelp and Google with perfect reviews on every platform.
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HOTELVIBES
1BROKER NAME | CONTACT INFO15PAUL KENNY, CCIM, ASSOCIATE BROKER | [email protected] | 208-726-1918 X17
MATT BOGUE, CCIM, BROKER | [email protected] | 208-726-1918 X10
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HOTEL ROOM
1BROKER NAME | CONTACT INFO16PAUL KENNY, CCIM, ASSOCIATE BROKER | [email protected] | 208-726-1918 X17
MATT BOGUE, CCIM, BROKER | [email protected] | 208-726-1918 X10
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PROPERT Y OVERVIEW
17PAUL KENNY, CCIM, ASSOCIATE BROKER | [email protected] | 208-726-1918 X17MATT BOGUE, CCIM, BROKER | [email protected] | 208-726-1918 X10
HOTEL LOBBY
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18
THE HANGOUT
PAUL KENNY, CCIM, ASSOCIATE BROKER | [email protected] | 208-726-1918 X17MATT BOGUE, CCIM, BROKER | [email protected] | 208-726-1918 X10
LOCATED IN BLDG ANEAR HOTEL LOBBY
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19PAUL KENNY, CCIM, ASSOCIATE BROKER | [email protected] | 208-726-1918 X17MATT BOGUE, CCIM, BROKER | [email protected] | 208-726-1918 X10
NEW RESTAURANT
Opening Summer 2019!
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RESTAURANT INSPIRATION
20PAUL KENNY, CCIM, ASSOCIATE BROKER | [email protected] | 208-726-1918 X17MATT BOGUE, CCIM, BROKER | [email protected] | 208-726-1918 X10
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THE NEIGHBORHOOD
1BROKER NAME | CONTACT INFO21PAUL KENNY, CCIM, ASSOCIATE BROKER | [email protected] | 208-726-1918 X17
MATT BOGUE, CCIM, BROKER | [email protected] | 208-726-1918 X10
“The charming resort city of Sun Valley in central Idaho offers something for every type of adventurer. Spend warm summer days hiking wildflower-filled trails and biking scenic mountain paths, and brisk nights bowling at the lodge or sipping whiskey at the pub. As the leaves turn golden and frost settles over the valley, ski, snowboard, and ice-skateby day, and cozy up by the fire with a cup of hot cocoa for a relaxing evening.” – national geographic
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PAUL KENNY, CCIM ASSOCIATE [email protected]
208-726-1918 X17
MATT BOGUE, CCIM BROKER
MATT BOGUECOMMERCIAL REAL ESTATE
PAUL KENNY
FOR LEASING INFO CALL: 208-726-1918
600 N. MAIN STKETCHUM, ID 83340
www.Hotel Ketchum.com