Overview

Confidential Offering Memorandum

Highlights

• Situated in the Bel-Red Corridor where the expansion of the CBD combined with the nearby growth, makes this one of the most dynamic Eastside submarkets
• Location provides excellent access to multiple modes of transit including the regional bus routes, light rail, Interstate 405, Interstate 90 and State Route 520
• Proximity to major employers, tech giants, and research institutions, and some of the most innovative organizations in the technology, finance, and business industries
• The new East Link Extension Bel-Red/130th station, slated for completion in 2023, is just north of Park Place Auto Salon and will include 300 parking spaces, will serve the Bel-Red Corridor and the region, and supports future transit-oriented development in Bellevue’s Spring District neighborhood

Description

Park Place Auto Salon, a unique opportunity situated in the Bel-Red Corridor just minutes from downtown Bellevue. Located south of Northup Way / NE 20th Street, between 124th Avenue NE and 130th Avenue NE, the site consists of 36,100 SF of land zoned BR-RC-1 with a 28,392 square foot building that is currently operated as a full-service auto-salon. The site is situated in the center of Seattle’s Eastside emerging Bel-Red Corridor which is on the precipice of development growth and innovation and provides convenient access to nearby amenities and transportation including the highway 520, interstate 405 and the 130th Eastlink Rail Station.

Location

Located south of Northup Way / NE 20th Street, between 124th Avenue NE and 130th Avenue NE

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