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9615 15Th Ave SW Seattle, WA 98106

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For Sale
Contract
$1,200,000

5,600 SF retail building in thriving White Center business district.

Property Features for 9615 15Th Ave SW

General Information

Standard status
Contract

Building Details

Year built
1960

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Listing Contact
Dominic Temmel
Dominic Temmel
Source: Corcoran

Listing Agency: COLDWELL BANKER COMMERCIAL DANFORTH Listing Agent: Dominic Temmel

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

White Center Retail Investment Opportunity

Located in the heart of White Center, just off Roxbury Street, this 5,600 SF retail building presents an opportunity for either an owner/user or an investor. The property is configured with four suites and is currently fully leased on a month-to-month basis to a Mexican Deli Restaurant. The tenant is prepared to sign a new 5-year lease with a 5-year option, starting at $16/SF + NNN with 3% annual escalations, which would provide a 7.5% cap rate at stabilization. The property is located in the thriving White Center business district and offers excellent freeway access, stable income potential, and strong long-term growth.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Rosticeria y Cocina ... Restaurant Iglesia Cristiana Church

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Seattle
County
King
State
Washington
Longitude
-122.3125133
Latitude
47.6990927

FAQs

What type of property is this?
Retail space - 5,600 SF retail building in thriving White Center business district.
Where is this retail space located?
The property is located at 9615 15Th Ave SW Seattle, WA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: - Prime location in the heart of White Center, just off Roxbury Street.; - Investment or owner/user opportunity with a 5,600 SF retail building.; - Potential for a 7.5% cap rate at stabilization with a new 5-year lease and option.
More about this property
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