2804-2816 E Madison St | Seattle, WA 98112
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- LoopNet Team
2804-2816 E Madison St
Seattle, WA 98112
Madison Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- High density, high income trade area
- The Center is, and has historically been, 100% leased, providing stability and ease of management
- Penetrating and securing a hard corner lot with frontage along E. Madison St. in the immediate trade area is rare
- All tenants have 3% or greater annual rental increases throughout their initial terms providing solid NOI growth
PROPERTY FACTS
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
16,130 SF
Building Class
B
Year Built/Renovated
1912/2014
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.73
Lot Size
0.51 AC
Zoning
NC240, Seattle
Frontage
115’ on Madison St
AMENITIES
- Restaurant
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,823,700 | |
| Land Assessment | $7,195,400 | Total Assessment | $9,019,100 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$7,195,400
Improvements Assessment
$1,823,700
Total Assessment
$9,019,100
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