Description
We are pleased to present the opportunity to acquire 4339 University Way NE, a multi-tenant retail asset located on “The Ave” in Seattle’s University District, one of the city’s most dynamic and high-traffic urban corridors. The offering is positioned in an irreplaceable core location serving dense residential neighborhoods and the University of Washington community. All existing tenants are on NNN leases providing a stable income stream with minimal landlord management. The site is zoned NC3P-65 which potentially allows for up to 6 stories of future development upside. Located on “The Ave”, the U-Districts prime retail and pedestrian corridor Adjacent to the University of Washington campus, driving strong foot traffic Surrounding national credit tenants include Starbucks, Chipotle