Pine & Boylston Retail FOR SALE


Seattle, WA - Capitol Hill
$17,490,000 USD
206-518-9567
, Seattle, WA for Sale
$17,490,000 USD
Retail - FOR SALE
1/9
null | 7% Cap Rate

Pine & Boylston
Seattle, WA
Capitol Hill


HIGHLIGHTS

  • 100% Leased | 36,471 SF Across Two Assets
  • At the Heart of Pike/Pine Corridor: 2.1M Annual Visits Within a 500- Foot Radius (Placer.ai)
  • Walk Score 99 | Transit Score 96: ±4 Blocks to Capitol Hill Link Station
  • Enterprise Rent-A-Car: National Credit Tenant | Leased Through 2035
  • Long-Term NNN Fitness Anchor: Henry’s Gymnasium | Expires Nov 2035
  • Foundations — Seattle’s Premier Startup Community: Sole Office Tenant | Recent Expansion

OVERVIEW

Pine & Boylston presents two fully leased assets totaling 36,471 SF at E Pine Street and Boylston Avenue — one of the most heavily trafficked areas in Capitol Hill’s Pike/Pine corridor. The portfolio generates $1,224,058 in Year 1 NOI anchored by Henry’s Gymnasium (NNN, Nov 2035) and Enterprise Rent-A-Car, with all tenants carrying contracted rental increases. Located four blocks from the Capitol Hill Link station with direct access to Seattle’s CBD, South Lake Union, and Amazon’s Global HQ, the assets sit within one of Seattle’s most supply-constrained neighborhoods. Offered together or individually on a best-offer basis. Prime investment opportunity!

ASK ABOUT THIS PROPERTY

Billy SleethNewmarkMore Info
206-518-9567

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Billy SleethNewmarkMore Info
206-518-9567

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