Columbia Bank NNN
For Sale
Contact for pricing
1630 Queen Anne Avenue North, Seattle, WA 98109
Absolute NNN lease structure limits landlord operating responsibilities.
Property Size5,960 SF
Days on Market10
Property Features for 1630 Queen Anne Avenue North
General Information
Standard status
Active
Size
5,960 SF
Total Parking Spaces
13
Property subtype
Retail
Zoning
NC2P55 (M)
Occupancy
100%
Lease Type
Absolute Net
Net Operating Income
$209,100
Building Details
Year Built
1941
Units
1
Tenancy
Single
Listing Agency:
Kidder Mathews Seattle
(360) 705-2800
Listed By:
Maggie Verger · License #WA 116408
Source:
Crexi
Added: Aug 11
Changed: Aug 15
Last Checked: Aug 18 at 11:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews Seattle
Investment Insights
Based on property information with market context.
This 5,960-square-foot bank property at 1630 Queen Anne Avenue North is occupied by Columbia Bank and was built in 1941. The property carries NC2P55 (M) zoning and is leased under an absolute NNN structure, with the tenant responsible for property operations under the lease terms.
Columbia Bank has occupied the site since 2010 and recently exercised a 5-year extension. The lease includes 2.5% annual rent escalations, while a corporate-backed guarantee is associated with an organization operating more than 350 branches in the USA. Bank deposits at this location increased 31% over the past 3 years.
Columbia Bank has occupied the site since 2010 and recently exercised a 5-year extension. The lease includes 2.5% annual rent escalations, while a corporate-backed guarantee is associated with an organization operating more than 350 branches in the USA. Bank deposits at this location increased 31% over the past 3 years.
Key Highlights
- 5,960‑square‑foot bank property at 1630 Queen Anne Avenue North
- Absolute NNN lease structure
- Columbia Bank occupancy since 2010
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,885
Businesses Nearby
Explore this area
Business Placement
Demographics for 98109, WA
34,551
Population
23,162
Households
1.5
Avg Household Size
32
Median Age
78%
College-Educated
98%
High-School Grad
1.9 sq mi
ZIP Area
18,185
Density / Sq Mi
$130,845
Median Household Income
$104,202
Median Earnings
$2,329
Median Rent
$986,000
Median Home Value
Market
Vacancy Rate% for Retail in Seattle, WA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Absolute NNN lease structure limits landlord operating responsibilities.
Where is this nnn property located?
The property is located at 1630 Queen Anne Avenue North Seattle, WA.
What are key features of this property?
This property features: 5,960‑square‑foot bank property at 1630 Queen Anne Avenue North; Absolute NNN lease structure; Columbia Bank occupancy since 2010
