5527 Airport Way S - Freestanding FOR SALE


Seattle, WA 98108- Georgetown
$4,950,000 USD
253-395-4848
5527 Airport Way S, Seattle, WA for Sale
$4,950,000 USD
Freestanding - FOR SALE
1/5
null | Request Cap Rate

5527 Airport Way S
Seattle, WA 98108
Georgetown


OVERVIEW

KBC Advisors, as exclusive agent, is pleased to present a fantastic opportunity to own a two-building flex/retail portfolio in the heart of Georgetown, Seattle—5527 & 5531 Airport Way South. It can be held for potential income opportunities or possibly for owner-users. This property is currently 82% leased and has recently gone through extensive upgrades including new roofing, HVAC, and seismic upgrades with wood beaming throughout. With close proximity to the Design Center District, employees and customers have immediate access to I-5 and are a short distance away from many restaurants, bars, and other amenities.

FOR SALE DETAILS

PRICE

$4,950,000 USD

PRICE/SF

$728 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

5527-5531 Airport Way South

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

R&D, undefined, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,136 SF

ZONING

IG2 U/85

APN/PARCEL ID

386840-0176,386840-0185,386840-0190

ASK ABOUT THIS PROPERTY

Michael RoyKBC AdvisorsMore Info
253-395-4848

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Michael RoyKBC AdvisorsMore Info
253-395-4848

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