LISTING DETAILS

Frelard Warehouse Building

3931 Leary Way NW Seattle WA 98107

Listing #: 687224 | Status: Available | Last Modified: 9/24/2024

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Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income260,568
Vacancy Factor %0.00%
Operating Expenses54,735
Net Operating Income205,833
CAP Rate4.57 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Industrial Asset Class Info
Dock High Doors5
Grade Level Door Count2
Building Information
Building StatusExisting
# of Buildings1
# of Floors2
Clearance Height Min14
Total Building SF16,338 SF
Net Rentable Area13,900 SF
Total Office SF2,400 SF
Largest Contiguous SF0 SF
Lot SF27,443 SF
Acres0.63
Year Built1968
Construction TypeMasonry
Property Type
Property TypeIndustrial
Location
CountyKing
Market AreaFremont/Ballard
Tax ID #7442000755
ZoningMML U/45
Parking Information
#Covered Spaces0
# Uncovered Spaces18
Total Parking Spots18
Parking Ratio0

Frelard Industrial Building For Sale

Public Comments

The building is currently 100% leased and there are two tenants, one of which has a lease that will terminate January 31, 2025. The site is 27,482 sf in size, has roads on three sides and an SDOT utility road on the fourth, and has easy access from a major arterial, Leary Way NW. There is abundant parking both on site and on the streets surrounding the property. This site can function as either a user property or it could be an investor property, one that is majority leased to an international company that appears to be financially solid. As to the construction of the building, the property was built by the current owners’ grandfather as a warehouse with mezzanine offices in 1968 and remodeled in 1995. It has remained a warehouse with offices since it was originally constructed and Kin

Frelard Warehouse Building
3931 Leary Way NW Seattle WA 98107

Listing #: 687224 | Status: Available | Listing Date: 9/24/2024 | Last Modified: 9/24/2024 | Email Listing

For Sale

Frelard Warehouse Building

Listing Images