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19930 Ballinger Way NE
Shoreline, WA 98155

$6,105,000 USD

Medical For Sale  •  15,265 SF

Property Details

• Property Type Medical
• Total Building Size 15,265 SF
• Lot Size 0.92 AC
• Building Class B
• Year Built 2003
• Cap Rate 6.75 %
• Tenancy Single
• Zoning NB

30 Transit Score

50 Walk Score

Highlights

RECESSION-RESILIENT, HIGH-MARGIN MEDICAL TENANT

STRATEGIC “MEDTAIL” CORRIDOR LOCATION

SIGNIFICANT TENANT CAPITAL COMMITMENT

DIRECT PROXIMITY TO REGIONAL MEDICAL HUBS

COMPOUNDING YIELD VIA FIXED ESCALATIONS

ROBUST DEMOGRAPHICS

Property Flyers

Eviva Weight Loss Surgery Center-Shoreline-WA-Flyer-Costar

Cap Rate:

6.75 %

Public Transportation

Commuter Rail	Drive	Walk	Distance
Edmonds Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder))	11 min	-	5.4 mi
Airport	Drive	Walk	Distance
Seattle Paine Field International	19 min	-	11.8 mi
Seattle-Tacoma International	39 min	-	27.1 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	57
Type:	Surface
Included in Rent:	Yes