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RETAIL/OFFICE STRIP CENTER 8001-8007 Lake City Way NE 4,051 SF 100% Leased Retail Building Seattle, WA 98115 $1,975,000 ($487.53/SF) 6.74% Cap Rate
INVESTMENT HIGHLIGHTS
- This premier retail asset enjoys exceptional exposure, with approximately 34,555 vehicles passing by daily.
- Additionally, the property benefits from strong frontage along a major arterial route, ensuring unparalleled access.
- This steady flow of traffic maximizes visibility for tenants, driving consistent customer engagement and business growth.
- Ideally positioned just a few blocks from Interstate 5, this property offers seamless access to one of the region’s primary transportation arteries.
EXECUTIVE SUMMARY
Brian Brockman
License No. 27380 (WA)
(866) 889-0550
Bang Realty, Inc.
11427 Reed Hartman Hwy Suite 236,Cincinnati, OH 45241
License No. 27380 (WA)
(866) 889-0550
Bang Realty, Inc.
11427 Reed Hartman Hwy Suite 236,Cincinnati, OH 45241
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
4,051 SF
Building Class
B
Year Built
1923
Price
$1,975,000
Price Per SF
$487.53
Cap Rate
6.74%
NOI
$133,173
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.37
Lot Size
0.25 AC
Zoning
C140
Parking
16 Spaces (3.95 Spaces per 1,000 SF Leased)
Frontage
135’ on Lake City Way
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Aloha Day Spa
- Services
- -
- $9.63
- Triple Net
- Jun 2012
- Georgia's Greek Restaurant Food Truck Market &...
- Accommodation and Food Services
- -
- -
- -
- -
- Jet City Property Preservation
- Construction
- -
- -
- -
- -
-
- Services
- -
- -
- -
- -
MaidPro is a privately held residential cleaning franchisor founded in 1991 and headquartered in Boston, Massachusetts. The company began franchising in 1997 and operates more than 250 independently owned locations across the U.S. and Canada. MaidPro emphasizes customizable, contract-free cleaning services guided by its signature 49-Point Checklist™. The brand has received recognition from Forbes, Entrepreneur, and Franchise Business Review for franchisee satisfaction and operational excellence.
- Tera Painting
- Construction
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Aloha Day Spa | Services | - | $9.63 | Triple Net | Jun 2012 | |
| Georgia's Greek Restaurant Food Truck Market &... | Accommodation and Food Services | - | - | - | - | |
| Jet City Property Preservation | Construction | - | - | - | - | |
|
|
Services | - | - | - | - | |
| Tera Painting | Construction | - | - | - | - |
Walk Score®
Very Walkable (83)
Bike Score®
Biker's Paradise (97)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 688480-0115 | Improvements Assessment | $1,000 |
| Land Assessment | $2,145,200 | Total Assessment | $2,146,200 |
PROPERTY TAXES
Parcel Number
688480-0115
Land Assessment
$2,145,200
Improvements Assessment
$1,000
Total Assessment
$2,146,200
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Contact the Sale Advisor
RETAIL/OFFICE STRIP CENTER | 8001-8007 Lake City Way NE
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