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Property profile

1765 22Nd Ave Seattle, WA 98144

OFF-MARKET
Retail properties & Spaces
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Property summary

AI-generated overview

Grand Street Commons offers exceptional retail and restaurant spaces within a vibrant, new mixed-use community in Seattle's Judkins Park neighborhood. Six spaces are available, ranging from 1,190 to 9,032 square feet, providing flexibility for various business needs. This prime location is part of a four-block urban village project featuring 927 apartment units across four buildings, creating a high-density residential population base. The development includes an activated plaza with a water feature and significant street and sidewalk improvements, enhancing pedestrian traffic and visibility. An anchor tenant lease has already been signed, ensuring a strong foundation for the retail component. The property benefits from its proximity to the future Judkins Park Light Rail Station (opening in 2025), providing convenient access to public transportation. This location is also strategically positioned near over 8,800 new housing units currently under development or planned within a 12-block radius, further bolstering the potential customer base. The area boasts excellent schools, including the Seattle Girls School campus, Hamlin Robinson School, and the soon-to-be-built French American School, adding to the community's appeal. This presents a unique opportunity to establish a business in a thriving, rapidly growing neighborhood with significant long-term potential. The total retail space for lease within the Grand Street Commons East, West, and State Street Lofts exceeds 50,000 square feet. King County location, address at 1765 22nd Ave S, Seattle, WA 98144.

Property profile

Verified
Property type Retail properties & Spaces

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Complex Apartment Building

Location

1765 22Nd Ave Seattle, WA 98144
Seattle metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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