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
- Four-parcel configuration with future parcelization optionality
- 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
Interbay Retail Center is a ±100,000 SF institutional-quality retail center located in Seattle's highly desirable Interbay submarket. Constructed between 2016 and 2019, the property is 100% leased to a diversified roster of nationally recognized retailers and service providers including HomeGoods, Michaels, Total Wine, Bright Horizons, and ZoomCare. The offering provides investors with durable in-place cash flow, modern construction, and an irreplaceable urban infill location less than five miles from Downtown Seattle.
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
509-251-7716
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
509-251-7716
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
