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Fully Leased Neighborhood Shopping Center
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Pending

907 NW Ballard Way, Seattle, WA 98107

Multi-tenant retail center with a Fortune 10 grocer under corporate-backed lease obligations.

Property Size38,490 SF
Days on Market146

Property Features for 907 NW Ballard Way

General Information

Standard status Pending
Size 38,490 SF
Property subtype Retail
Occupancy 100%

Building Details

Tenancy Multi
Listing Agency: JLL - Los Angeles (West), California
Listed By: Geoff Tranchina · License #CA 01435512
Source: Crexi
Added: Apr 11 Changed: Sep 2 Last Checked: Sep 1 at 8:37PM

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 JLL - Los Angeles (West), California

Investment Insights

Based on property information with market context.

The Terminal at Ballard is a 38,490-square-foot neighborhood shopping center at 907 NW Ballard Way in Seattle. The property is 100% leased to a varied tenant roster, including a Fortune 10 grocer that has not yet opened at the location but is paying rent under a corporate guarantee extending through April 2038. That lease represents approximately 62% of in-place NOI.

The center is positioned near the Ballard Bridge and Leary Way Northwest, which record 37,804 VPD and 14,683 VPD, respectively. Google and Adobe are also nearby, while the surrounding 3-mile population totals 253,820 people and average household income exceeds $178,000. Built less than 10 years ago, the property is described as requiring minimal future capital expenditures and includes assumable financing.

Key Highlights

  • 100% leased neighborhood shopping center with a diverse tenant roster
  • 38,490‑square‑foot retail center at 907 NW Ballard Way, Seattle, WA 98107
  • Fortune 10 grocer lease is supported by a corporate guarantee through April 2038

Property Analytics

Current Use

The Habit Burger Grill Restaurant F45 Training Ballard Gym & Fitness Center The Terminal at Ballard Shopping Center & Mall Electric Vehicle Charging ... Electric Vehicle Charging Station Pink Polish Seattle Nail Salon

Suggested Use

Top Pick Building Supply Auto Parts Store Dental Office HVAC Service Hotel & Motel Garden Center

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

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

3,040
Businesses Nearby
Under-served
Demand for This Use

Demographics for 98107, WA

28,557
Population
16,538
Households
1.7
Avg Household Size
35
Median Age
76%
College-Educated
99%
High-School Grad
2.2 sq mi
ZIP Area
12,980
Density / Sq Mi
$137,748
Median Household Income
$82,884
Median Earnings
$2,194
Median Rent
$924,900
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
Rey
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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM Kroger - Fred Meyer Inc, 915 NW 45th St, Seattle, WA 98107
  • The Terminal at Ballard 907 NW Ballard Way Suite 118, Seattle, WA 98107
  • Coinstar Kiosk | Bitcoin ATM 1423 NW Market St Safeway, Seattle, WA 98107

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-tenant retail center with a Fortune 10 grocer under corporate-backed lease obligations.
Where is this shopping center located?
The property is located at 907 NW Ballard Way Seattle, WA.
What are key features of this property?
This property features: 100% leased neighborhood shopping center with a diverse tenant roster; 38,490‑square‑foot retail center at 907 NW Ballard Way, Seattle, WA 98107; Fortune 10 grocer lease is supported by a corporate guarantee through April 2038
(310) 694-3180 Call to check price and availability
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