Listing Agency: CCM Commercial

Listed By: Cal Mitchell · License #WA

Source: Crexi

Added: Apr 11 Changed: Jul 21 Last Checked: Aug 6 at 10:26AM

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Investment Insights

Based on property information with market context.

This for-sale retail property totals 66,198 SF of commercial space. The offering is presented as a retail building and can support a range of retail uses depending on tenant and approval requirements.

The property is located at 5960 Martin Luther King Jr Way S in Seattle, Washington 98118. Specific suite configurations, unit mix, and income or lease details are not provided in the available information, so interested parties should confirm current layout and occupancy with the broker.

Key Highlights

• Retail property for sale totaling 66,198 SF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Auto Parts Store Big Box & Wholesale Store Skin Care Clinic

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

985

Businesses Nearby

Explore this area Business Placement

Demographics for 98118, WA

47,504

Population

19,831

Households

2.4

Avg Household Size

38

Median Age

49%

College-Educated

90%

High-School Grad

6.2 sq mi

ZIP Area

7,662

Density / Sq Mi

$109,085

Median Household Income

$54,827

Median Earnings

$1,831

Median Rent

$746,400

Median Home Value

Market

Vacancy Rate% for Retail in Seattle, WA

4.5% 2019

4.4% 2020

3.9% 2021

3.6% 2022

3.8% 2023

4.7% 2024

5.7% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - For sale retail property totaling 66,198 SF.

Where is this retail space located?

The property is located at 5960 Martin Luther King Jr Way S Seattle, WA.

What are key features of this property?

This property features: Retail property for sale totaling 66,198 SF