Listing Agency: CBRE s***@cbre.com Show Phone

Listed By: Steve Brunette Show Phone

Source: Cbre

Added: Mar 25 Changed: Aug 12 Last Checked: Aug 22 at 8:45AM

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Investment Insights

Based on property information with market context.

This industrial property offers approximately 49,500 rentable square feet. It is currently leased to Washington Chain & Supply, with the lease terminable with 24 months' notice. The IG1/85 zoning accommodates a variety of industrial uses. The property benefits from convenient access to I-5, I-90, and Downtown Seattle. An additional 8,880 square feet of excess land is also available for sale at 85 South Lander Street. The property is ideally located in Seattle’s industrial district of SoDo.

Key Highlights

• Ideally located in Seattle’s industrial district of SoDo
• Approximately 49,500 rentable sq. ft. leased to Washington Chain & Supply (Lease is terminable with 24 months notice)
• IG1/85 zoning allows for a variety of industrial uses

Property Analytics

Property Profile

Current Use

Washington Chain & Supply ... Big Box & Wholesale Store

Suggested Use

Top Pick Grocery & Convenience Store Dental Office (Bike/Boat/Book/etc) Store Pharmacy Florist Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,179

Businesses Nearby

Explore this area Business Placement

Demographics for 98134, WA

1,216

Population

241

Households

5

Avg Household Size

38

Median Age

26%

College-Educated

89%

High-School Grad

3.3 sq mi

ZIP Area

368

Density / Sq Mi

$66,119

Median Household Income

$35,472

Median Earnings

$1,551

Median Rent

$385,300

Median Home Value

Market

Vacancy Rate% for Industrial in Seattle, WA

3.6% 2019

5.2% 2020

4.3% 2021

2.9% 2022

5.3% 2023

7.4% 2024

9.2% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Industrial property - 49,500 sq ft industrial property in Seattle's SoDo district.

Where is this industrial property located?

The property is located at 2901 Utah Avenue South Seattle, WA.

What are key features of this property?

This property features: Ideally located in Seattle’s industrial district of SoDo; Approximately 49,500 rentable sq. ft. leased to Washington Chain & Supply (Lease is terminable with 24 months notice); IG1/85 zoning allows for a variety of industrial uses