Office For Sale • 175,200 SF
The immediate trade area contains severe barriers to entry as Seattle's Waterfront District is nearly impossible to penetrate |
The asset benefits from a unique mix of retail and office tenants that have been highly successful at this location |
The site has a dedicated parking garage containing 116 parking stalls with direct access off Alaskan Way |
The contracted rental increases and significant leasing upside provide out-sized value-add returns |
The offering provides upside through leasing approximately 70,000 SF of vacancy creating strong leasing upside for the new investor |
Commuter Rail | Drive | Walk | Distance |
---|---|---|---|
King Street (Seattle) Station (Sounder South Line - Central Puget Sound Regional Transit Authority Rail (Link Light Rail/Sounder)) | 6 min | - | 1.9 mi |
Transit/Subway | Drive | Walk | Distance |
Seattle Center (Seattle Center Monorail - Seattle Monorail Services (Seattle Monorail)) | 2 min | 11 min | 0.6 mi |
Westlake & Denny (South Lake Union Streetcar - Seattle Streetcar) | 3 min | 18 min | 0.9 mi |
Westlake & 7Th South (South Lake Union Streetcar - Seattle Streetcar) | 3 min | 20 min | 1.0 mi |
Airport | Drive | Walk | Distance |
Seattle-Tacoma International | 27 min | - | 15.7 mi |
Seattle Paine Field International | 37 min | - | 23.9 mi |
Parking Available: | Yes |
Reserved: | No |
Spaces Provided: | 100 |
Type: | Surface |
Included in Rent: | Yes |