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White Center Retail

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White Center Retail

9615 9629 15th Ave SW, Seattle, WA 98106
Retail For Sale Pending Built 1960 1 floors Zoning: CB
Asking Price
$1,200,000
Total Building5,600 SF
Land11,761 SF land
MarketWest Seattle
CountyKing

Read Overview
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Overview

Property ID
254727
Listing ID
701530
Type
Retail
Asset Class
Retail
Zoning
CB

Description

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.

Listing Courtesy of:

DT
Dominic Temmel
Coldwell Banker Commercial Danforth
11300 Pinehurst Way NE,
Seattle, WA 98125
State: WA City: Seattle ZIP: 98106 Type: For Sale

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Disclaimer: The information contained in this listing has not been verified by Muljat Commercial and should be verified by the buyer.