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Read Products Interbay
Asset ClassIndustrial, Office
overview of deal

Overview

Lee & Associates Commercial Real Estate Services, LLC (“Lee & Associates”) is pleased to present the opportunity to acquire 3615 15th Ave W and 3635 Thorndyke Ave W, collectively known as Read Products Interbay (the “Property”). The two buildings total 72,606 square feet of warehouse and office space. 3615 15th Ave W is occupied by the Seller, and 3635 Thorndyke Ave W is fully occupied by tenants that are on month-to-month leases.

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Investment Highlights

  • Compelling Opportunity in High Growth Market
  • Value-Add Optionality
  • Owner-User Opportunity
  • Ground-Up Development
  • Sale Leaseback Potential
  • Accessible Location
  • Evolving Neighborhood
  • Strong Market Fundamentals

PROPERTY DETAIL

3615 15TH AVE W
3635 THORNDYKE AVE W
PARCEL
277110-1675
277110-1760
BLDG. SIZE
24,980 SF
47,626 SF
YR. BUILT
1945
1948
STORIES
2
1 + Lower Level
BLDG. HEIGHT
28'
24'
OCCUPANCY
100% (Owner-Occupied)
100% (Month-to-Month Leases)
USE
Light Manufacturing + Office (Single-Tenant)
Warehouse (Multi-Tenant)
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Sales Team

Alex Muir Senior Vice President253.303.1983
Chris Peterson, SIOR, CCIMPrincipal425.417.7983
Stuart Williams Principal425.417.5078
McCallum MeadAssociate425.922.4160
Scotty Rowe Associate206.484.9894

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Listing provided by Revere CRE