White Center Retail

$1,200,000

9615 - 9629 15th Ave SW Seattle, WA 98106

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About this listing

Owner/User or Investment Opportunity for sale in the heart of White Center just off Roxbury Street. This 5,600 SF retail building offers flexibility for both investors and owner-users. The property is currently configured with four suites, fully leased on a month-to-month basis to a Mexican Deli Restaurant. The tenant is prepared to sign a new 5-year lease with a 5-year option, starting at $16/SF + NNN with 3% annual escalations, providing a 7.5% cap rate at stabilization. Located in the thriving White Center business district with excellent freeway access, this property offers stable income potential and strong long-term growth.

  • Cap Rate

    7.5%

  • Building Size

    5,600 sqft

  • Lot Area

    0.27 acres

  • Year Built

    1960

  • Zoning

    CB

  • MLS ID

    43194334

  • Floors

    1

DOCUMENTS

Map



Dominic Temmel

Dominic Temmel

Coldwell Banker Commercial Danforth
Federal Way, WA
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