8610 Aurora Ave N | Seattle, WA 98103
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- LoopNet Team
8610 Aurora Ave N
Seattle, WA 98103
8610 Aurora Ave N · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Covered Land Play & Land Bank Opportunity: Property is priced below market land value for the area, yet benefits from steady cash-flow from tenant
- High Traffic Arterial: Benefits from frontage and exposure to Aurora Ave N, one of Seattle’s primary transit and retail corridors with 47,000 VPD
- Since commencement of their lease, Galls has always paid the full amount of their rent owed and have never made a late payment.
- Significant Development Potential: The nearly ½ acre site is zoned NC3P-75, which allows for mixed-use residential construction up to 75 feet in heig
- Occupied by Galls, North America’s leading distributor of uniforms and equipment to public safety agencies
- Value-Add Opportunity: Benefits from a vacant 960-sf, end-cap retail suite, providing an opportunity to increase total cash-flow upon lease-up
PROPERTY FACTS
Property Type
Building Size
9,000 SF
Building Class
C
Year Built
1963
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.47
Lot Size
0.44 AC
Zoning
NC3P-75 (M)
Parking
23 Spaces (2.56 Spaces per 1,000 SF Leased)
Frontage
45’ on Aurora Ave N
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 099300-1695 | Improvements Assessment | $18,240,000 |
| Land Assessment | $2,565,000 | Total Assessment | $20,805,000 |
PROPERTY TAXES
Parcel Number
099300-1695
Land Assessment
$2,565,000
Improvements Assessment
$18,240,000
Total Assessment
$20,805,000
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