1101 Westlake Ave N - Office FOR SALE


Seattle, WA 98109- Westlake
$69,940,000 USD
310-491-2019
1101 Westlake Ave N, Seattle, WA for Sale
$69,940,000 USD
Office - FOR SALE
1/10
null | Request Cap Rate

1101 Westlake Ave N
Seattle, WA 98109
Westlake


HIGHLIGHTS

  • New Construction Trophy Office Jewel Box
  • Exceptional Value – Discount to Replacement Cost & Prior Peak
  • Efficient & Collaborative Design
  • Iconic Views

OVERVIEW

Newmark, as exclusive advisor, is pleased to present the unique opportunity to acquire 1101 Westlake (the “Property”), a trophy, recently developed, creative “jewel box” office building totaling 155,355 rentable square feet located in South Lake Union. The Property is 100% vacant, offering true scale and full building identity to office and/or life science owner/users. Delivered in 2015, the Property features LEED Silver Certification and consists of a stateof-the-art, Class A, six-story creative office building with spectacular water views of Lake Union. 1101 Westlake is prominently located within Downtown Seattle’s South Lake Union submarket—one of the premier urban live-work-play neighborhoods in the United States and Seattle’s top-performing office submarket. Situated along Westlake Avenue North, the Property enjoys proximate access to multiple transportation options including the I-5 freeway, Highway 99, and the South Lake Union Streetcar, along with an abundance of walkable amenities. 1101 Westlake is also available for lease. For leasing inquiries please contact Jesse Ottele

FOR SALE DETAILS

PRICE

$69,940,000 USD

PRICE/SF

$450 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

1101 Westlake

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

6

BUILDING CLASS

A

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.12 AC

LAND SF

48,787 SF

ZONING

SM-SLU 100/95

APN/PARCEL ID

224950-0470,224950-0475

ASK ABOUT THIS PROPERTY

Michael MooreNewmarkMore Info
310-491-2019

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Michael MooreNewmarkMore Info
310-491-2019

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