1025 WASHINGTON AVE UP TO 8,310 SF FULLY BUILT OUT RESTAURANT IN THE HEART OF THE WASHINGTON AVENUE ENTERTAINMENT AND LOFT DISTRICT.
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1 1025 WASHINGTON AVE UP TO 8,310 SF FULLY BUILT OUT RESTAURANT IN THE HEART OF THE WASHINGTON AVENUE ENTERTAINMENT AND LOFT DISTRICT.
2 L 3 MARKET OVERVIEW L 3 CORPORATION L 3 CORPORATION POPULATION 1 MI 3 MI 5 MI 14,654 85, ,623 HOUSEHOLDS 1 MI 3 MI 5 MI 7,907 38, ,968 AVG HH INCOME 1 MI 3 MI 5 MI $56,187 $47,880 $46,912 Ideally located at the center of the region and the center of the country, Downtown St. Louis is the business hub and economic engine of the 16-county bi-state metro area. As home to over 1,600 businesses and nearly 90,000 jobs, Downtown offers the highest concentration of legal, financial, government and creative businesses in the region. Located at the confluence of four interstate highways, Downtown features multiple Metrolink stops and an Amtrak connection. Downtown is home to the headquarters of an array of national companies, including Hardee s, Nestle Purina Pet Care and the Peabody Energy Corporation. The Washington Avenue Historic District is located in Downtown West, along Washington Avenue, and bounded by Delmar Boulevard to the north, Locust Street to the south, 8th Street on the east, and 18th Street on the west. The buildings date from the late 19th century to the early 1920s and exhibit a variety of popular architectural styles of those eras. The majority of the district s buildings are revival styles or in the commercial style that would later come to be known as the Chicago School of architecture. Most buildings originally served as warehouses for the St. Louis garment district and are large multi-story buildings of brick and stone construction. Many have terra cotta accents on their facades. After World War II, the decline in domestic garment production and the preference for single-story industrial space led to many of the buildings being vacant or underused due to functional obsolescence. The area began to experience some redevelopment in the 1990s. In 1998, the state of Missouri adopted a tax credit for the redevelopment of historic buildings, making largescale renovation financially feasible. Local and national developers have acquired many buildings along Washington Avenue and in other parts of downtown. The buildings are being redeveloped with loft-style condominia and apartments.
3 PROPERTY SNAPSHOT AT A GLANCE: 7,310 SF FULLY BUILT OUT RESTAURANT (MAIN LEVEL AND MEZZANINE) 1,000 SF FULLY BUILT OUT FORMER BELLA FROZEN YOGURT STORE WITH ALL FF&E INCLUDED LOCATED IN THE HEART OF THE WASHINGTON AVENUE ENTERTAINMENT AND LOFT DISTRICT WALKING DISTANCE TO MANY HOTELS, ST. LOUIS PREMIER CONVENTION CENTER, MANY RESTAURANTS, AND THE LARGEST OFFICE POPULATION IN ST. LOUIS NEARBY RESTAURANTS INCLUDE ROBUST WINE BAR, PI PIZZA, PORANO, MANGO, OVER UNDER SPORTS BAR, COPIA WINE BAR, WASABI, ROSALITA S MEXICAN, AND MORE LEASE RATE: $12.00 NNN
4 SITE PLAN 3 L CORPORATION 11TH STREET WASHINGTON AVENUE CAN BE COMBINED FOR 8,310 SF +/- The information in this flyer has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. Th value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. 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.
5 MARKET AERIAL SITE The information in this flyer has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. Th value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. 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.
1025 WASHINGTON AVE UP TO 8,310 SF FULLY BUILT OUT RESTAURANT IN THE HEART OF THE WASHINGTON AVENUE ENTERTAINMENT AND LOFT DISTRICT.
1025 WASHINGTON AVE UP TO 8,310 SF FULLY BUILT OUT RESTAURANT IN THE HEART OF THE WASHINGTON AVENUE ENTERTAINMENT AND LOFT DISTRICT. L3 MARKET OVERVIEW L3 CORPORATION L3 CORPORATION POPULATION 14,6 654
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