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Property profile & analytics
FOR LEASE
Grocery and convenience stores

2001 15Th Ave W Seattle, WA 98119

64,659 SF 3.33 ac lot Built 2008
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US90-1752322
Property summary
AI-generated overview

This exceptional Class A retail property, Interbay Urban Center, presents a unique investment opportunity in Seattle's vibrant Queen Anne/Magnolia submarket. Built in 2009, this two-building complex boasts a total of 76,424 square feet, situated on a generous 8.08-acre lot. The property features 367 parking spaces, ensuring ample convenience for customers and tenants. Currently, there are two suites available, with a minimum divisible space of 1,378 square feet and a maximum contiguous space of 3,010 square feet, totaling 4,388 square feet of vacant space. The property is zoned IG2-U/45 and is ideally suited for a variety of retail uses. Its prime location at 2001 15th Ave W, Seattle, WA 98119, offers excellent visibility and accessibility, catering to the dynamic urban lifestyle of the area. The center's modern architecture and ample parking create a welcoming and convenient shopping experience. This is a rare opportunity to acquire a well-maintained, high-quality retail center in one of Seattle's most desirable neighborhoods. The property's strong location and flexible space options make it an ideal investment for both established businesses and new ventures seeking a thriving retail environment. King County location provides access to a large and diverse customer base.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2008
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 64,659 SF
Lot 3.33 ac (145,021 SF)
Zoning code IG2 U/45
APN 766620-1460
UPID US90-1752322
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
  • Seattle Boxing Gym Gym & Fitness Center Sports School
  • AcunaBoxing Gym & Fitness Center Sports School
  • Amazon Hub Locker - Interbay Postal Service Courier Service
  • Interbay Sandwich Take-out & Catering
  • fi.d.o (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.54M
Owner & transaction history
Ds Properties 18 LP · 8 yrs held
Ds Properties 18 LP
since 2018
7 recorded transactions
2018
Price N/A
2015
$47.8M
2007
Price N/A
2007
$184,437
2004
$4.8M
1989
$1.9M
1969
Price N/A
Zoning & alternative use
IG2 U/45 · Seattle, WA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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