509-251-7716
, Seattle, WA for Sale
FOR SALE
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Interbay Retail Center | Seattle, WA
Seattle, WA
Interbay


HIGHLIGHTS

  • 100% leased to national credit tenants including Michaels, HomeGoods, Total Wine, Bright Horizons, and ZoomCare, providing durable, diversified income
  • 4.2-year weighted average lease term (WALT) with significant embedded renewal optionality across major anchors
  • Long-term lease visibility with ~15 years of renewal options across Michaels, HomeGoods, and Total Wine, plus ~8 years remaining on Bright Horizons
  • Recent tenant commitment and stability highlighted by ZoomCare’s exercised 5-year renewal option in 2025
  • Excess land and site control via a six-parcel configuration, including two vacant parcels totaling ~1.81 acres for future development or monetization
  • Core Seattle infill location less than 5 miles from Downtown with immediate SR-99 and I-5 access, 2016–2019 construction, and limited near-term CapEX

OVERVIEW

Introducing a prime investment opportunity at 1600 W Armory Way, a ±100,000 SF large-format retail center located in Seattle’s highly desirable Interbay submarket. Constructed between 2016 and 2019, the property is 100% leased to nationally recognized retail and service tenants and offers investors durable in-place cash flow complemented by long-term flexibility through excess land and a multi-parcel configuration. Positioned within a supply-constrained urban infill location less than five miles from Downtown Seattle, the asset benefits from strong access, high-income demographics, and embedded optionality for future strategic value creation.

ASK ABOUT THIS PROPERTY

Ariel MizrahiSVN | CornerstoneMore Info
509-251-7716

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Ariel MizrahiSVN | CornerstoneMore Info
509-251-7716

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