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Property profile & analytics
FOR LEASE
Hospitals

103 12Th Ave Seattle, WA 98122

Property ID
US90-0039777
Property summary
AI-generated overview

Swedish Health Systems First Hill new acute care facility and second building expansion with outpatient and imaging services will more than double the size of the campus from about 1,500,000 SF to 3,150,000 SF is the Puget Sound region's largest health care development. The $1,300,000,000 expansion ranks among the largest in the country for the health care sector. Completion is anticipated to be Fall/2027. The 12-story North Tower is the most complex project in Swedish’s 113-year history. It will have two dozen advanced operating suites and a 31-room emergency department with eight rooms dedicated to behavioral health care. Swedish will open North Tower with 72 beds; 108 more are planned.

Property profile
Verified
Property type Hospitals
UPID US90-0039777
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Balanced Humans Office Yoga Gym & Fitness Center
  • Anthem on 12th Apartment Complex Apartment Building
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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