206-292-6100
, Seattle, WA for Sale
Industrial - FOR SALE
1/4
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Commodore Interbay Industry Center
Seattle, WA
Interbay


HIGHLIGHTS

  • Building 1 leased to three quality tenants in mission critical location
  • Buildings 2 & 3 leased to two investment grade tenants in a mission critical location:
  • Long term, stable cash flow with 12.1 years of WALT
  • Basis is supported by growing Seattle land values of $125 PLSF+
  • Limited competing supply: North Seattle/Interbay has delivered no new industrial space over the last 5 years and only 346K SF since 2015
  • Infill location generates high rents - 24% above the market average

OVERVIEW

Commodore Interbay Industry Center - 2421 & 2501 West Commodore Way & 2500 W Jameson Street in Seattle, WA. Three Renovated Buildings Totaling 213,066 SF 100% Leased to Five Credit Tenants with 12.1 Years of WALT Ownership is also accepting offers on building 1 individually as well as on the combined offering of buildings 2 & 3.

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206-292-6100

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206-292-6100

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