Pepperhill Center
14507 Aurora Avenue North, Shoreline, WA 98133, United States
Pepperhill Center
3.6-Acre Multifamily Development Site with Current Income | Site Capacity is in Excess of 600 Units
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David SpeersExecutive Vice President, Shareholder
dave.speers@kidder.com / (206) 296-9626- Property Type
- RetailMultifamily
- Deal Type
- Development
- Risk Profile
- Opportunistic
Kidder Mathews is pleased to offer for sale Pepper Hill Center, a retail shopping center property located in the highly sought-after City of Shoreline, just north of the Seattle City Limits. The offering represents a "covered land opportunity” where the income from the property will support the acquisition while the buyer plans a redevelopment of the site.
Investment Highlights
- Covered land development opportunity
- Located on SR-99 and approximately 1 mile from I-5 in Shoreline
- Located approximately 1 mile from the Sound Transit 145th Light Rail Station
- Adjacent to wide array of retail services and amenities
- Over $603,000 of in-place NOI
- Rapid Ride Bus access to Seattle CBD adjacent to the site