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Harvard Market
1401 Broadway Seattle WA 98122
Listing #: 686898 | Status: Available | Last Modified: 11/22/2024
| Showing Instructions | |
|---|---|
| Call Listing Agent | No |
| Use Discretion | No |
| Condo Information | |
|---|---|
| Condo | Yes |
| Condo $/SF | $ 575.00 |
| Condo SF | 43,477 SF |
| Investment Information | |
|---|---|
| Investment Prop | Yes |
| Gross Income | 2,221,808 |
| Vacancy Factor % | 0.00% |
| Operating Expenses | 864,568 |
| Net Operating Income | 1,357,240 |
| CAP Rate | 5.43 % |
| Detail Listing Information | |
|---|---|
| Min Total SF | 0 SF |
| Max Total SF | 0 SF |
| Lease Rate Low | $ 0.00 |
| Lease Rate High | $ 0.00 |
| Retail Information | |
|---|---|
| Signage | Signage on Building and Freestanding |
| Anchor | QFC, Bartell Drugs |
| Retail Asset Class Info | |
|---|---|
| Crane Tonnage | 0 |
| Building Information | |
|---|---|
| Building Status | Existing |
| # of Buildings | 1 |
| # of Floors | 3 |
| # of Units | 5 |
| # of Elevators | 1 |
| A/C | Yes |
| Total Building SF | 87,495 SF |
| Net Rentable Area | 87,495 SF |
| Total Office SF | 0 SF |
| Largest Contiguous SF | 2,459 SF |
| Lot SF | 74,488 SF |
| Acres | 1.71 |
| Year Built | 1996 |
| Year Renovated | 2019 |
| Completion Date | 01/01/1996 |
| Roof Type | Flat, Built-up |
| Sprinklers | Yes |
| Property Type | |
|---|---|
| Property Type | Retail |
| Office Type | Multi-Tenant |
| Investment | Yes |
| Location | |
|---|---|
| County | King |
| Vicinity | Capitol Hill |
| Location Description | On Broadway between E Pike St and E Union St |
| Cross Street | Pike St |
| Market Area | Not Assigned |
| Tax ID # | 3148650000 |
| Zoning | NC3P-75(M) |
| Parking Information | |
|---|---|
| #Covered Spaces | 213 |
| # Uncovered Spaces | 77 |
| Total Parking Spots | 290 |
Harvard Market Multi-Tenant Retail
Harvard Market is a generational asset located in the heart of Capitol Hill – Seattle’s most dynamic and densely populated trade area. The shopping center benefits from an irreplaceable location highlighted by a high-performing shadow anchor grocery store (QFC/Kroger), huge barriers to entry, a rare value-add component due to the recent Bartell Drugs vacancy, strong annual contracted rental increases, long-term rental growth, and pure real estate appreciation.
The Harvard Market enjoys a prime location on Broadway between East Pike Street and East Union Street in the heart of Capitol Hill. Strong neighborhood demographics. Excellent access to public transportation and along the route of the First Hill Street
Condos, Grocery Anchor, Regional Center, Restaurant
Harvard Market
1401 Broadway Seattle WA 98122
Listing #: 686898 | Status: Available | Listing Date: 9/16/2024 | Last Modified: 11/22/2024 | Email Listing
For Sale
Harvard Market - Unit
