Available For Sale - Retail

7,200 SF

Retail Space in Seattle for sale

LISTED BY

Alex Muir
Lee & Associates, 253-303-1983
Stuart Williams
Lee & Associates, 425-417-5078
Candice Chevaillier, CCIM
Lee & Associates, 206-773-2694
Daniel Lim
Lee & Associates, 206-928-2311

AVAILABILITY DETAILS

Size
7,200 SF
Price/SF
N/A - Contact for Info
Listing ID
SA540624
Notes
An opportunity to acquire 9th & Thomas, a premier covered land opportunity in the heart of South Lake Union. Located on 9th Avenue North, to the north of Thomas Street and a block from Denny Park, the 7,080-square-foot site has received a Master Use Permit for an 8-story office building totaling approximately 47,000 SF. Building permit is ready to issue. Seattle Mixed-South Lake Union (Urban Center) zoning is flexible and would also allow for the development of a multifamily, life science, or hospitality. The existing building is fully occupied on short-term leases, providing an in-place yield in excess of 5.00% while an investor finalizes long-term redevelopment plans.
Uses
Retail

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Alex Muir, Lee & Associates