Overview
Investment Highlights
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Overview
Investment Highlights
Location
Contact
Sign Agreement
1135 Leary Wy NW
Seattle, WA 98107
Ballard OfficeMax
Asset Class
Retail, Industrial
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Overview
PURCHASE PRICE: BEST OFFER
BUILDING AREA: 23,500 SF
LAND AREA: 1.24 ACRES
THE OFFERING PROVIDES AN OPPORTUNITY TO RE-LEASE, REDEVELOP, OR OCCUPY THE BUILDING OR SITE.
OFFICEMAX WILL BE VACATING AT THE END OF THE LEASE TERM ON 12/31/2025.
OFFICEMAX IS CURRENTLY PAYING MONTHLY RENT OF $39,656 PROVIDING CASH FLOW THROUGH THE END OF THE LEASE TERM.
THE PROPERTY IS ZONED MML UI/65.
OFFICEMAX HAS SUCCESSFULLY OPERATED AT THE SITE FOR 30 YEARS AND THE BUILDING AND SITE HAVE BEEN WELL-MAINTAINED AND MANAGED.
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Investment Highlights
VALUE-ADD OPPORTUNITY
IN-PLACE INCOME UNTIL 12/31/25
HIGH BARRIERS TO ENTRY
RARE, SURFACE LEVEL PARKING
ADVANTAGEOUS ZONING DESIGNATION
EXCELLENT ACCESS & VISIBILITY
HIGH-PERFORMING RETAIL CORRIDOR
NO DEBT
1135 Leary Wy NW
Seattle, WA 98107
Sales Team
Billy Sleeth
(206) 250-3944
billy.sleeth@nmrk.com
Kevin LeMond
(425) 466-1563
kevin.lemond@nmrk.com
Taylor Hoff, SIOR
(206) 300-3988
taylor.hoff@nmrk.com
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