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RETAIL/OFFICE STRIP CENTER 8001-8007 Lake City Way NE 4,310 SF 100% Leased Retail Building Seattle, WA 98115 $2,740,115 CAD ($635.76 CAD/SF) 6.74% Cap Rate
INVESTMENT HIGHLIGHTS
- This premier retail asset enjoys exceptional exposure, with approximately 34,555 vehicles passing by daily.
- Additionally, the property benefits from strong frontage along a major arterial route, ensuring unparalleled access.
- This steady flow of traffic maximizes visibility for tenants, driving consistent customer engagement and business growth.
- Ideally positioned just a few blocks from Interstate 5, this property offers seamless access to one of the region’s primary transportation arteries.
EXECUTIVE SUMMARY
Brian Brockman
License No. 27380 (WA)
(866) 889-0550
Bang Realty, Inc.
11427 Reed Hartman Hwy Suite 236,Cincinnati, OH 45241
License No. 27380 (WA)
(866) 889-0550
Bang Realty, Inc.
11427 Reed Hartman Hwy Suite 236,Cincinnati, OH 45241
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,310 SF
Building Class
B
Year Built
1923
Price
$2,740,115 CAD
Price Per SF
$635.76 CAD
Cap Rate
6.74%
NOI
$184,764 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.40
Lot Size
0.25 AC
Zoning
C140 - Neighborhood Commercial
Parking
16 Spaces (3.71 Spaces per 1,000 SF Leased)
Frontage
135’ on Lake City Way
AMENITIES
- Corner Lot
- Signage
- Signalized Intersection
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Aloha Day Spa
- Services
- -
- $13.36 CAD
- Triple Net
- Jun 2012
- Georgia's Greek Restaurant Food Truck Market &...
- Accommodation and Food Services
- -
- -
- -
- -
- Jet City Property Preservation
- Construction
- -
- -
- -
- -
-
- Services
- -
- -
- -
- -
MaidPro is a privately held residential cleaning franchisor founded in 1991 and headquartered in Boston, Massachusetts. The company began franchising in 1997 and operates more than 250 independently owned locations across the U.S. and Canada. MaidPro emphasizes customizable, contract-free cleaning services guided by its signature 49-Point Checklist™. The brand has received recognition from Forbes, Entrepreneur, and Franchise Business Review for franchisee satisfaction and operational excellence.
- Tera Painting
- Construction
- -
- -
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Aloha Day Spa | Services | - | $13.36 CAD | Triple Net | Jun 2012 | |
| Georgia's Greek Restaurant Food Truck Market &... | Accommodation and Food Services | - | - | - | - | |
| Jet City Property Preservation | Construction | - | - | - | - | |
|
|
Services | - | - | - | - | |
| Tera Painting | Construction | - | - | - | - |
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 688480-0115 | Improvements Assessment | $1,379 CAD |
| Land Assessment | $2,959,089 CAD | Total Assessment | $2,960,468 CAD |
PROPERTY TAXES
Parcel Number
688480-0115
Land Assessment
$2,959,089 CAD
Improvements Assessment
$1,379 CAD
Total Assessment
$2,960,468 CAD
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RETAIL/OFFICE STRIP CENTER | 8001-8007 Lake City Way NE
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