Storefront For Sale • 39,006 SF
| Immediate Value-Add Opportunity – Pro Forma 11.65% Cap Rate |
| Price Significantly Below Replacement Cost |
| Strong Leasing Momentum | Diverse, Service and Daily Needs Oriented Tenant Mix |
| 121-Unit Senior Housing Redevelopment Fully Permitted |
| #1 Retail Market in 2024 | No Retail Competition |
| High Barrier to Entry Submarket with 3.1% Vacancy Rate & Strong Rent Growth |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Browns Point Diner & Sand Bar | 4/30/2020 | |
| Browns Point Dry Cleaners | 2/28/2021 | |
| Browns Point Nail & Spa | 12/31/2019 | |
| Lighthouse Market | 2/28/2021 |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Seattle-Tacoma International | 37 min | - | 17.4 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 161 |
| Type: | Surface |
| Included in Rent: | Yes |