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1553 NW Leary Way
Seattle, WA 98107
Industrial Property For Sale
Investment Highlights
- Long-term lease in place
- Future redevelopment opportunity
Executive Summary
We are pleased to announce the opportunity to purchase an income-producing industrial property in a highly sought after neighborhood of Seattle.
Located in the heart of Ballard, this building is leased to Carstar on a long term lease. The building is 8,278 square feet and sits on 13,200-square-foot lot with ample parking.
In addition to the long-term, passive income, the future redevelopment potential of the property’s prime location offers further upside.
Located in the heart of Ballard, this building is leased to Carstar on a long term lease. The building is 8,278 square feet and sits on 13,200-square-foot lot with ample parking.
In addition to the long-term, passive income, the future redevelopment potential of the property’s prime location offers further upside.
Property Facts
| Sale Type | Investment | No. Stories | 1 |
| Cap Rate | 5.66% | Year Built/Renovated | 1988/2000 |
| Property Type | Industrial | Tenancy | Single |
| Property Subtype | Manufacturing | Parking Ratio | 2.17/1,000 SF |
| Building Class | C | Clear Ceiling Height | 16’ |
| Lot Size | 0.30 AC | No. Dock-High Doors/Loading | 1 |
| Rentable Building Area | 8,278 SF | No. Drive In / Grade-Level Doors | 1 |
| Zoning | IG2 U65 | ||
| Sale Type | Investment |
| Cap Rate | 5.66% |
| Property Type | Industrial |
| Property Subtype | Manufacturing |
| Building Class | C |
| Lot Size | 0.30 AC |
| Rentable Building Area | 8,278 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1988/2000 |
| Tenancy | Single |
| Parking Ratio | 2.17/1,000 SF |
| Clear Ceiling Height | 16’ |
| No. Dock-High Doors/Loading | 1 |
| No. Drive In / Grade-Level Doors | 1 |
| Zoning | IG2 U65 |
Amenities
- Signage
Property Taxes
| Parcel Number | 276770-2065 | Improvements Assessment | $1,360 CAD |
| Land Assessment | $3,052,558 CAD | Total Assessment | $3,053,918 CAD |
Property Taxes
Parcel Number
276770-2065
Land Assessment
$3,052,558 CAD
Improvements Assessment
$1,360 CAD
Total Assessment
$3,053,918 CAD
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