9615-9629 15th SW ave - Retail FOR SALE


Seattle, WA 98106- Highline
$1,200,000 USD
253-273-6474
9615-9629 15th SW ave, Seattle, WA for Sale
$1,200,000 USD
Retail - FOR SALE
1/1
null | 7.5% Cap Rate

9615-9629 15th SW ave
Seattle, WA 98106
Highline


OVERVIEW

Owner/User or Investment Opportunity for sale in the heart of White Center just off Roxbury Street. This 5,600 SF retail building offers flexibility for both investors and owner-users. The property is currently configured with four suites, fully leased on a month-to-month basis to a Mexican Deli & Restaurant. The tenant is prepared to sign a new 5-year lease with a 5-year option, starting at $16/SF + NNN with 3% annual escalations, providing a 7.5% cap rate at stabilization. Located in the thriving White Center business district with excellent freeway access, this property offers stable income potential and strong long-term growth.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$214 USD /SF

CAP RATE

7.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

White Center Retail

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

CBPSODPA

APN/PARCEL ID

320380-0120

ASK ABOUT THIS PROPERTY

Dominic TemmelColdwell Banker Commercial DanforthMore Info
253-273-6474

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Dominic TemmelColdwell Banker Commercial DanforthMore Info
253-273-6474

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