1025 WASHINGTON AVE UP TO 8,310 SF FULLY BUILT OUT RESTAURANT IN THE HEART OF THE WASHINGTON AVENUE ENTERTAINMENT AND LOFT DISTRICT.

Transcription

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 L3 MARKET OVERVIEW L3 CORPORATION L3 CORPORATION POPULATION 14, , ,623 HOUSEHOLDS 7,907 38, ,968 AVG HH INCOME M $56, $47,880 $46,912 Ideallyy located at the center of the re eion and the center of the country, y, Downtown St. Louis is the business hub b and n economic enine of the 16-countyy bi-state metro area. As home to ovver 1,,6,600 businesse es and nearlyy 90,000, jjobs,, Downtown offers the hihes st concen entrrationn of le al,, financial,, ovvernnmen ent and an d creative businesses in the reio on. Locatted at the confluence off four inte ters rsttate hihways, y, Downtown fe features es multile Me Metrtrol olin ink stos and an Amtrak connec ection. Downtown is home e to thhe he headqu quar a ters rs of an arrayy of na n tional comanies, includin Hardee e s, Nesstltle e Puriina Pet Car a e and the e Pe Peab abody Ener e y Corora atition. The Wa The W sh shinton on Ave enu nue Historic Dis istrtric i t is locat ated e in Down w town West, alon Washint ton Avenue, e, and bounded ed by Delmar Boulevard to the no ortrth, h Locust Stre St r et to the so outh,, 8th Street on the he east,, and 18th Street on the e west. The builildi bu d ns da d te from the late 19t 9th ce centuryy to the earlyy 1920s annd exhibitt a varietyy of oular architectural styles y of those eras. The majjoritityy of the e dis istrtric ict t ss buildin ns are re revival styles y es or in the com omme merc rcia ial style y e th that wou ould ld lat ater er com ome to be known as the he Chi hica cao o Sch choo ooll of arc rchi h te tect ctur ure. e Most builidi dins s or ori iinallyy servved as wareho houses for the St. Lou ouiss ar rme ment nt district an and are la lar re e multi-storyy buildi dins of bricck and d sto tone e construction. t Ma anyy have terra cot otta ta accentss on their facades. After World d War II,, the decline in domestic ar rment roduct ctio ionn and the reference for sinle-story y industrial a sace e led to ma many nyy of the buildin s be ein vacant or underused due to functio ona n l obsolescence. The arrea bean to exerience some e redeveloment in the 1990s. In 1998,, the state te of Missouri adoted a tax credit for the redeveloment of historic buildins,, ma makkin lare scale reno ovation on financiallyy feasibl ble. e. Local and national develoers have acquired q manyy bu b ildins alon Washhinton Avenue and in other arts of downtown. The bu b ildi d ns arre bein redeveloed with loft-style condominia and aartments.

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, BOBBY S PLACE, OVER UNDER SPORTS BAR, COPIA WINE BAR, WASABI, ROSALITA S MEXICAN, AND MORE LEASE RATE: $12.00 NNN

4 SITE PLAN CAN BE COMBINED FOR 8,310 SF +/- 11TH STREET WASHINGTON AVENUE The information in this fl yer has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verifi ed it and make no uarantee about it. It is your resonsibility to indeendently confi rm its accuracy and comleteness. Any rojections, oinions, assumtions or estimates used are for examle only and do not reresent the current or future erformance of the roerty. Th value of this transaction to you deends on tax and other factors which should be evaluated by your tax, fi nancial and leal advisors. You and your advisors should conduct a careful, indeendent investiation of the roerty to determine to your satisfaction the suitability of the roerty for your needs.

5 MARKET AERIAL The information in this fl yer has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verifi ed it and make no uarantee about it. It is your resonsibility to indeendently confi rm its accuracy and comleteness. Any rojections, oinions, assumtions or estimates used are for examle only and do not reresent the current or future erformance of the roerty. Th value of this transaction to you deends on tax and other factors which should be evaluated by your tax, fi nancial and leal advisors. You and your advisors should conduct a careful, indeendent investiation of the roerty to determine to your satisfaction the suitability of the roerty for your needs.