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RETAIL/OFFICE STRIP CENTER 8001-8007 Lake City Way NE 4,310 SF 100% Leased Retail Building Seattle, WA 98115 $2,596,028 CAD ($602.33 CAD/SF) 7.01% 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
$2,596,028 CAD
Price Per SF
$602.33 CAD
Cap Rate
7.01%
NOI
$182,054 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
- -
- $13.16 CAD
- Triple Net
- Jun 2012
- Georgia's Greek Restaurant Food Truck Market &...
- Accommodation and Food Services
- -
- -
- -
- -
- Jet City Property Preservation
- Construction
- -
- -
- -
- -
-
- Services
- -
- -
- -
- -
MaidPro began in 1991 when founders Mark Kushinsky and Richard Sparacio wanted better cleaning services. Starting in Boston, they've expanded across North America. The company provides residential cleaning using a point checklist system. They also serve commercial clients with office janitorial services. MaidPro operates as a franchise business with many locations.
- Tera Painting
- Construction
- -
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
| Aloha Day Spa | Services | - | $13.16 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)
Bike Score®
Biker's Paradise (97)
Nearby Major Retailers
Property Taxes
| Parcel Number | 688480-0115 | Improvements Assessment | $1,369 CAD |
| Land Assessment | $2,936,328 CAD | Total Assessment | $2,937,697 CAD |
Property Taxes
Parcel Number
688480-0115
Land Assessment
$2,936,328 CAD
Improvements Assessment
$1,369 CAD
Total Assessment
$2,937,697 CAD
1 of 4
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Photos
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RETAIL/OFFICE STRIP CENTER | 8001-8007 Lake City Way NE
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