18021-18023 15th Ave NE - Office FOR SALE


Shoreline, WA 98155
$3,490,000 USD
425-272-5755
18021-18023 15th Ave NE, Shoreline, WA for Sale
$3,490,000 USD
Office - FOR SALE
1/15
null | 5.17% Cap Rate

18021-18023 15th Ave NE
Shoreline, WA 98155


HIGHLIGHTS

  • Heavy Traffic area
  • Class A building in Shoreline. Rare
  • Very low vacancy rate

OVERVIEW

Rare opportunity 2025. It's rare we have a lease cycle to all match up for renewals. Sept through December many leases will be up for renewal. This is the perfect opportunity for power operators or developers. This was not designed and has never happened before in an always fully leased building. Current Lease Terms: Suite 201 Physical Therapy 8/31/25 Suite 101 Golden Bow Flowers and Gifts 10/31/30 Suite 100 Optometry 8/31/25 Suite 200 Chiropractic 12/31/27

FOR SALE DETAILS

PRICE

$3,490,000 USD

PRICE/SF

$716 USD /SF

CAP RATE

5.17%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Evergreen Bldg

PROPERTY TYPE

Office

ADD'L SUBTYPES

Medical, Telecom Hotel/Data Hosting

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,276 SF

ZONING

BC, Shoreline

APN/PARCEL ID

616390-0593

ASK ABOUT THIS PROPERTY

John TongJohn TongMore Info
425-272-5755

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John TongJohn TongMore Info
425-272-5755

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.