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Selfoss LLC 201 Williams Ave S 2,523 - 7,023 SF of Space Available in Renton, WA 98057
HIGHLIGHTS
- High traffic downtown area near I-405
- Large outdoor patio area seating for 30 with gas pit
- Type 1 Hood with built out kitchen and large walk in cooler
- Spacious interior with floor to ceiling 16 foot windows
- Private parking lot with 22 parking spaces
SPACE AVAILABILITY (2)
Display Rental Rate as
- SPACE
- SIZE
- CEILING
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Ceiling | Term | Rental Rate | Rent Type | |
| 1st Floor | 4,500 SF | 10’ - 18’ | 5 Years | $27.92 CAD/SF/YR $2.33 CAD/SF/MO $125,633 CAD/YR $10,469 CAD/MO | Triple Net (NNN) | |
| 2nd Floor | 2,523 SF | 10’ - 18’ | 5 Years | $27.92 CAD/SF/YR $2.33 CAD/SF/MO $70,438 CAD/YR $5,870 CAD/MO | Triple Net (NNN) |
1st Floor
Property includes a large outdoor patio with firepit for seating in addition to seating space indoors. The building has floor to ceiling windows on the North and East side for indirect passive lighting. Two bathrooms downstairs and two bathrooms upstairs. Second level could be used for additional seating or as office space.
- Lease rate does not include utilities, property expenses or building services
- Partially Built-Out as a Restaurant or Café Space
- Space In Need of Renovation
- Can be combined with additional space(s) for up to 7,023 SF of adjacent space
- Central Air Conditioning
- Kitchen
- Freezer Space
- Closed Circuit Television Monitoring (CCTV)
- Corner Space
- High Ceilings
- Exposed Ceiling
- Emergency Lighting
- Finished Ceilings: 10’ - 18’
- Display Window
- Prime downtown corner location
- 26 space private parking lot
- One block away from public market
2nd Floor
Property includes a large outdoor patio with firepit for seating in addition to seating space indoors. The building has floor to ceiling windows on the North and East side for indirect passive lighting. Two bathrooms downstairs and two bathrooms upstairs. Second level could be used for additional seating or as office space.
- Lease rate does not include utilities, property expenses or building services
- Finished Ceilings: 10’ - 18’
- Can be combined with additional space(s) for up to 7,023 SF of adjacent space
- Prime downtown corner location
- 26 space private parking lot
- One block away from public market
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SITE PLAN
PROPERTY FACTS
| Total Space Available | 7,023 SF | Gross Leasable Area | 7,023 SF |
| Property Type | Retail | Year Built/Renovated | 1960/2015 |
| Property Subtype | Restaurant | Parking Ratio | 5.5/1,000 SF |
| Total Space Available | 7,023 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 7,023 SF |
| Year Built/Renovated | 1960/2015 |
| Parking Ratio | 5.5/1,000 SF |
ABOUT THE PROPERTY
Former bank building constructed in 1960's. Has served as a restaurant for 30 years, this property has been a neighborhood asset for downtown residents.
- Property Manager on Site
- Signage
NEARBY MAJOR RETAILERS
Presented by
Cortona LLC
Selfoss LLC | 201 Williams Ave S
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