2408 - 2420 1st Ave S
Seattle WA 98134
SODO Center
2408 - 2420 1st Ave S Seattle WA 98134
Listing #: 677833 | Status: Pending | Last Modified: 11/22/2024 |
For Sale
- Phone:(206) 518-9547
- Email:paul.sleeth@nmrk.com
- Office Name:Newmark
- Office Phone:(206) 388-3000
- Office Website:www.nmrk.com
- Agent Phone:(206) 518-9567
- Agent Email:billy.sleeth@nmrk.com
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 8,400,000.0
- $/SF$ 287.1
- Listing StatusPending
- Days on Market276
- Asset ClassRetail, Industrial
- Terms
- Investment Type
- Investment PropYes
- Gross Income0
- Vacancy Factor %0.00%
- Operating Expenses0
- Net Operating Income0
- CAP Rate 6.58 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Dock High Doors0
- Semi-Dock Doors
- Grade Level Door Count4
- Crane Count
- Crane Count
- Crane Tonnage0
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Second Road Front
- Grade Level Door Count
- Tennant Improvement Allowance
- Building StatusExisting
- # of Buildings2
- # of Floors1
- # of Units
- # of Elevators
- Clearance Height Min0
- Clearance Height Max
- Bay Depth
- Total Building SF29263
- Net Rentable Area28200
- Total Office SF1200
- Largest Contiguous SF
- Lot SF27030
- Acres0.62
- Property TypeRetail
- Office Type
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross StreetS Stacy St
- Market AreaS. Seattle
- Tax ID #7666206070
- Additional Parcels7666206075
- ZoningIG2-U/85
- # Covered Spaces0
- # Uncovered Spaces7
- Total Parking Spots7
- Parking Ratio
- Year Built1926
- Year Renovated1978
- Completion Date
- Roof Type
- SprinklersYes
- Construction Type
SODO Center
SoDo Center is a highly desirable property located in an irreplaceable location. Situated across the street from Starbucks Global HQ, the largest coffeehouse chain in the world, the property benefits from the high employment and foot traffic generated by Starbucks. Additionally, the center is just blocks away from T-Mobile Park and Lumen Stadium, home to the Seattle Mariners, Seattle Seahawks, and Seattle Sounders, drawing millions of people for games and concerts. The property’s strategic position 1 ¼ miles south of downtown Seattle provides immediate access to major highways and the city’s bustling CBD, which is home to major tech companies like Amazon, Google, Facebook, and Salesforce. The property’s location in the heart of SODO, a major commercial corridor, ensures strong business dem
Industrial/Retail, Storage