Anchored by the surrounding Seattle Pacific University campus, above standard parking, high visibility, and access make 101 Nickerson a fantastic choice for consumers and tenants alike. Investors benefit from a solid rent schedule and longterm appreciation located at the confluence of Seattle’s most thriving neighborhoods. The rent roll has endured challenging economic times throughout the COVID-19 pandemic and an investor can enhance returns through stabilization of a vacancy.
The property is conveniently located a few blocks from Seattle Pacific University and the Fremont neighborhood which creates a lot of foot and vehicle traffic. Queen Anne also borders one of the fastest-growing employment hubs, South Lake Union. South Lake Union has become home to several biotech firms as well as the Amazon and Google campuses.