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8001-8007 Lake City Way NE
Seattle, WA 98115
RETAIL/OFFICE STRIP CENTER · Retail Property For Sale
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.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,310 SF
Building Class
B
Year Built
1923
Price
$1,899,000
Price Per SF
$440.60
Cap Rate
7.06%
NOI
$134,124
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.25 AC
Zoning
C140 - Neighborhood Commercial
Parking
16 Spaces (3.71 Spaces per 1,000 SF Leased)
Frontage
135’ on Lake City Way
Amenities
- Corner Lot
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 688480-0115 | Improvements Assessment | $1,000 |
| Land Assessment | $1,877,000 | Total Assessment | $1,878,000 |
Property Taxes
Parcel Number
688480-0115
Land Assessment
$1,877,000
Improvements Assessment
$1,000
Total Assessment
$1,878,000
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