Retail Storefront For
For Sale
Contact for pricing
9409 Delridge Wy SW, Seattle, WA 98106
For-sale retail storefront property available through the marketing package.
Property Size6,360 SF
Price / SF$250
Days on Market190
Property Features for 9409 Delridge Wy SW
General Information
Standard status
Active
Size
6,360 SF
Property subtype
Retail
Zoning
NC2P55(M)
Investment Type
Owner/User
Building Details
Year Built
1930
Buildings
1
Stories
1
Listing Agency:
Kidder Mathews Bellevue
Listed By:
Kevin Verger · License #WA 26206
(360) 705-2800
Source:
Crexi
Added: Apr 8
Changed: Oct 14
Last Checked: Oct 7 at 1:50PM
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 Bellevue
Investment Insights
Based on property information with market context.
This retail storefront property is offered for sale. The asset is marketed as retail space and includes information available in the marketing package.
For details on the building, layout, condition, and financing or operating information, please refer to the marketing package. Public remarks for this listing direct buyers to that document for comprehensive specifics.
For details on the building, layout, condition, and financing or operating information, please refer to the marketing package. Public remarks for this listing direct buyers to that document for comprehensive specifics.
Key Highlights
- Year built: 1930
- Includes guest facilities (3)
- No pool
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$94,833
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,896,660
$1.9M
Cap Rate 7%
$1,354,757
$1.4M
Cap Rate 9%
$1,053,700
$1.1M
Market Conditions
NOI Build-Up for 6,360 SF
Gross rent
$139.7K $21.96/SF
− Vacancy
−$4.2K −$0.66/SF
EGI
$135.5K $21.30/SF
− OpEx
−$40.6K −$6.39/SF
NOI
$94.8K $14.91/SF
Area
Seattle, WA
Vacancy
3.00%
Lease Rate
$21.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,896,660
Cap Rate 7%
$1,354,757
Cap Rate 9%
$1,053,700
Alternative Uses
Best Use
Retail
$1.35M
$1.19M – $1.58M
NOI $94,833 @ 7.0% cap · market cap 5.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.91M
$1.67M – $2.23M
NOI $133,940 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,224
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 98106, WA
26,295
Population
12,107
Households
2.2
Avg Household Size
37
Median Age
45%
College-Educated
91%
High-School Grad
5.5 sq mi
ZIP Area
4,781
Density / Sq Mi
$115,529
Median Household Income
$60,223
Median Earnings
$1,824
Median Rent
$666,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Seattle, WA
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - For-sale retail storefront property available through the marketing package.
Where is this storefront property located?
The property is located at 9409 Delridge Wy SW Seattle, WA.
What is the asking price?
The asking price for this property is $1,590,000.
What are key features of this property?
This property features: Year built: 1930; Includes guest facilities (3); No pool
