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Napa Auto Parts 5201 4th Ave S 6,500 SF Industrial Building Seattle, WA 98108 $2,250,000 ($346.15/SF) 5.79% Cap Rate
EXECUTIVE SUMMARY
• 0.25 Acres (11,000 SF)
• Clear Height: 14’
• Loading: 2 Grade Level Doors
• Zoning: MML U/85
• Year Built: 1973
• New Roof in 2024
• New five (5) year lease with 3.75% annual increases
• Year 1 NOI - $130,356
• Clear Height: 14’
• Loading: 2 Grade Level Doors
• Zoning: MML U/85
• Year Built: 1973
• New Roof in 2024
• New five (5) year lease with 3.75% annual increases
• Year 1 NOI - $130,356
PROPERTY FACTS
| Price | $2,250,000 | Rentable Building Area | 6,500 SF |
| Price Per SF | $346.15 | No. Stories | 1 |
| Sale Type | Investment NNN | Year Built | 1973 |
| Cap Rate | 5.79% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 1.69/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 14’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 0.25 AC | ||
| Zoning | IG2 U85 | ||
| Price | $2,250,000 |
| Price Per SF | $346.15 |
| Sale Type | Investment NNN |
| Cap Rate | 5.79% |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.25 AC |
| Rentable Building Area | 6,500 SF |
| No. Stories | 1 |
| Year Built | 1973 |
| Tenancy | Single |
| Parking Ratio | 1.69/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | IG2 U85 |
AMENITIES
- 24 Hour Access
- Signage
1 1
Bike Score®
Very Bikeable (74)
PROPERTY TAXES
| Parcel Number | 526330-0395 | Improvements Assessment | $846,800 |
| Land Assessment | $660,000 | Total Assessment | $1,506,800 |
PROPERTY TAXES
Parcel Number
526330-0395
Land Assessment
$660,000
Improvements Assessment
$846,800
Total Assessment
$1,506,800
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