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    3800 Latona Ave Seattle, WA 98105

    Sponsored
    For Lease
    Contact for pricing

    Prime Seattle location, 2,325 sq ft.

    Lot size:
    2,325 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    Northlake Commons offers a unique 2,325 square foot restaurant space for lease in Seattle, Washington. Located at 3800 Latona Ave NE, 98105, this exceptional opportunity is situated within a state-of-the-art, mass timber commercial building boasting stunning Seattle skyline views. The building enjoys unparalleled access to the Burke-Gilman Trail, a highly trafficked recreational path with over 3 million annual users, providing significant foot traffic and visibility. Its strategic location offers easy access to the University of Washington, Interstate 5, and is just minutes away from vibrant neighborhoods like Fremont and the Eastlake Life Sciences Hub, as well as numerous Fortune 100 company offices. This prime location places the property at the heart of Seattle's dynamic growth. Beyond the 200,000 square foot building, the development includes an expansive 65,000 square foot outdoor area and ample parking accommodating 165 cars and over 200 bicycles. The space is delivered shell and core in Q4 2023, allowing for complete customization to suit the tenant's specific needs and vision. This is an exceptional chance to establish a thriving restaurant business in one of Seattle's most desirable and rapidly developing areas.

    Property Features for 3800 Latona Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,325 SF

    Unit(s) available at that property

    Space
    Restaurant
    Size
    2,325 SF

    HighLights

    • 2,325 SF restaurant space available for lease in Seattle's Northlake Commons.
    • Located at 3800 Latona Ave NE, Seattle, WA 98105, in a new mass timber building with Seattle skyline views.
    • High foot traffic due to proximity to the Burke‑Gilman Trail (3M+ annual users).
    • Excellent access to I‑5, University of Washington, Fremont, and Eastlake Life Sciences Hub.
    • Shell & core delivery in Q4 2023; allows for tenant improvements.
    Property Profile Location Intelligence

    Current Use by Public Records

    Northlake Commons Business Center

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Seattle
    County
    King
    State
    Washington
    Longitude
    -122.325413
    Latitude
    47.6540563

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    FAQs

    What type of property is this?
    Restaurant - Prime Seattle location, 2,325 sq ft.
    Where is this restaurant located?
    The property is located at 3800 Latona Ave Seattle, WA.
    What are key features of this property?
    This property features: 2,325 SF restaurant space available for lease in Seattle's Northlake Commons.; Located at 3800 Latona Ave NE, Seattle, WA 98105, in a new mass timber building with Seattle skyline views.; High foot traffic due to proximity to the Burke-Gilman Trail (3M+ annual users).
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    3800 Latona Ave Seattle, WA 98105
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    Seattle, WA 98105
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3800 Latona Ave Seattle, WA 98105
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