5811-5833 6th Ave S - Flex FOR SALE


Seattle, WA 98108- Georgetown
$9,800,000 USD
206-605-7278
5811-5833 6th Ave S, Seattle, WA for Sale
$9,800,000 USD
Flex - FOR SALE
1/11
null | Request Cap Rate

5811-5833 6th Ave S
Seattle, WA 98108
Georgetown


HIGHLIGHTS

  • 1.00 acre site in Georgetown Design Center suitable for broad commercial uses
  • 11,500 RSF currently available in the middle of the building for Owner/User
  • Potential to have entire Building vacated
  • All Suites have direct parking lot access
  • Adjacent to the Seattle Design Center
  • Owner/user can enjoy approximately $30,000/Month in Net Tenant Income

OVERVIEW

Free-standing retail or office/flex building at 5811 6th Ave S in Seattle's Design District core. Approximately 25,500 SF on one level. Glass storefronts with awnings define the building’s architectural centerpiece. The single-story design accommodates retail, showroom, office, and roll-up door flex uses. Street-level space totals ±25,500 SF with broad storefront exposure to 6th Ave S. There is currently an approximately 11,500 SF vacancy which is ideal for an owner/user to occupy. The owner/user buyer will also enjoy net rent from three tenants of approximately $30,000/Month. The location suits an owner-user seeking identity or an investor targeting an adaptable, office/showroom building in the region’s dominant design trade area. The asset’s visibility, loading, on site parking, and vertical service core align with merchandising, show-rooming, and creative office concepts. Call Brokers to discuss an attractive assumable loan that is in place through 2030.

FOR SALE DETAILS

PRICE

$9,800,000 USD

PRICE/SF

$384 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

SDC South

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1967

UTILITIES

-

CLEAR CEILING HT

18 Ft

DOCKS

-

DRIVE INS

4

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.99

LAND SF

43,124

ZONING

IG-2

APN/PARCEL ID

273810-0380

ASK ABOUT THIS PROPERTY

Brian ClappKidder MathewsMore Info
206-605-7278

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Brian ClappKidder MathewsMore Info
206-605-7278

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