Retail Space /WA /King County /Normandy Park /19865 1st Ave S
Retail Space /WA /King County /Normandy Park /19865 1st Ave S

19865 1st Ave S - Retail FOR SALE


Normandy Park, WA 98148 | 
$1,838,249 USD
206-518-9567
19865 1st Ave S, Normandy Park, WA for Sale
$1,838,249 USD
Retail - FOR SALE
1/4
null | 6% Cap Rate
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19865 1st Ave S
Normandy Park, WA 98148

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HIGHLIGHTS

  • 100% Leased
  • Contracted Rental Increases
  • Captive neighborhood trade area
  • Extremely high-income trade area with average household incomes in excess of $170,000 within 1-mile of the property
  • Barriers to entry with minimal competition
  • Attractive, high-quality construction

OVERVIEW

100% Leased Contracted Rental Increases Captive neighborhood trade area Attractive, high-quality construction Extremely high-income trade area with average household incomes in excess of $170,000 within 1-mile of the property Barriers to entry with minimal competition

FOR SALE DETAILS

PRICE

$1,838,249 USD

PRICE/SF

$421 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Normandy Park Towne Center - Building #3

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

5.61 AC

LAND SF

244,372 SF

ZONING

NS

APN/PARCEL ID

611540-0142

ASK ABOUT THIS PROPERTY

Billy SleethNewmarkMore Info
206-518-9567

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Billy SleethNewmarkMore Info
206-518-9567

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