9615 15th Ave SW, Seattle, WA 98106, Seattle, WA 98106
sale
$1,200,000
|
Retail
Courtesy Of Coldwell Banker Commercial Danforth
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.
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Property Features
- Age: Over 50 Years Old
- Architecture Style: Other
- MLSID: 43194334
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