|
|
|
|
James Tjoa
Direct: (206) 726-6230
|
|
|
RE/MAX Metro Realty, Inc.
Main: (206) 322-5700
|
|
|
|
|
|
|
|
FOR SALE - Listing #: 682106
Highland Market Building
14401 - 14409 Greenwood Ave N, Seattle WA98133
14,291 Available SF 14,291 SF
Greenwood
Agent Remarks
The proforma cap rate is 7.2%. The actual cap rate is 3.8%, however, the Landlord is still charging a couple of the tenants "reduced rates" that were initiated during COVID, and they have been reluctant to increase rents back to normal. If those adjustments were made, the actual cap rate would be 4.3%.
|
County
|
King
|
|
|
Market Area
|
N. Seattle
|
|
|
Tax ID #
|
1980200150
|
|
|
Price
|
$ 3,088,000
|
|
Property Details
|
Prop Type
|
Retail, Multi-Family
|
|
|
# Floors
|
2
|
|
|
Bldg SF
|
15,632
|
|
|
Year Built
|
1928
|
|
|
Land SF
|
14,375
|
|
|
# Bldgs
|
1
|
|
|
Acres
|
0.33
|
|
|
# Parking Spaces
|
15
|
|
|
Office Class
|
|
|
|
|
|
|
|
|
|
Informational Links
|
|
|
