9615-9629 15th Ave SW Seattle, WA

Listing Agency Coldwell Banker Commercial Danforth d***@gmail.com Show Phone

Listed by Dominic Temmel · License #102158 Show Phone

Source Moodyscre

Added: Aug 19, 2025 Checked: Jul 17 at 5:23 am

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Investment Insights

Based on property information with market context.

This 5,600 SF retail building is located in the White Center business district, just off Roxbury Street. 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, providing a 7.5% cap rate at stabilization. The property is suitable for both investors and owner-users and offers stable income potential and strong long-term growth. It has excellent freeway access.

Key Highlights

• 5,600 SF retail building offering flexibility for investors and owner‑users.
• Potential for 7.5% cap rate at stabilization with a new 5‑year lease and option.
• Currently fully leased to a Mexican Deli Restaurant.

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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 9615-9629 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: 5,600 SF retail building offering flexibility for investors and owner‑users.; Potential for **7.5% cap rate** at stabilization with a new 5‑year lease and option.; Currently fully leased to a Mexican Deli Restaurant.