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Paul Sleeth
Direct: (206) 518-9547
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Newmark
Main: (206) 388-3000
www.nmrk.com
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Billy Sleeth
Direct: (206) 518-9567
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Newmark
Main: (206) 388-3000
www.nmrk.com
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FOR SALE - Listing #: 677833
SODO Center
2408 - 2420 1st Ave S, Seattle WA98134
29,263 Available SF 29,263 SF
Agent Remarks
Property Highlights:
• Irreplaceable Location: Across the street from Starbucks Global HQ, blocks from T-Mobile Park and Lumen Stadium, 1-mile from Seattle CBD
• The Center is 100% providing stability and ease of management which is a testament to the quality and location of the Center
• The tenants have contracted rental increases ranging from 3%-5% throughout initial lease terms providing solid NOI growth
• Over $1M in capital improvements have been invested in the Center
• The Center is located in the heart of SODO which is a major commercial corridor and has experienced strong business demand and development
• All 5 tenants are on NNN leases with minimal landlord responsibilities
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County
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King
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Market Area
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S. Seattle
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Tax ID #
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7666206070
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Price
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$ 8,400,000
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Property Details
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Prop Type
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Retail, Industrial
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# Floors
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1
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Bldg SF
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29,263
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Year Built
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1926
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Land SF
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27,030
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# Bldgs
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2
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Acres
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0.620513
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# Parking Spaces
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7
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Office Class
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Informational Links
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