Office For Sale • 20,778 SF
| 96% leased remodeled office building with ample off-street parking |
| Actual in-place cap rate of 5.30% with below market rents and current vacancies |
| Cap Rate increases to over 8% once 3 small spaces are leased at $20/SF/YR NNN |
| Updated building systems and building amenities include a common conference room and kitchenette, shower facilities, bike storage/parking |
| 23+ off-street parking spaces including 8 covered parking and guest parking |
| Excellent views and location close to Vertical World Climbing Gym, Discovery Park & Fisherman's Terminal |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| King Street (Seattle) Station (Everett - Seattle - Sound Transit, Seattle - Tacoma/Lakewood - Sound Transit, Sounder South Line - Sound Transit) | 16 min | - | 5.5 mi |
| Airport | Drive | Walk | Distance |
| Seattle-Tacoma International | 36 min | - | 18.5 mi |
| Seattle Paine Field International | 41 min | - | 23.6 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 15 |
| Type: | Surface |
| Included in Rent: | Yes |