4241 21st Avenue WSeattle, WA 98199
Listing courtesy of Lauren Hendricks of Windermere Real Estate Midtown
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
96% leased remodeled office building with ample off-street parking. This 4-story office building has incredible views of fisherman's terminal & ship canal from every floor. It features a secured lobby entrance, 23+ off-street parking spaces, building conference room, shower facility, and hospital grade HEPA filtration system. Great location close to Vertical World Climbing Gym, Discovery Park, and many great restaurants and breweries. This is an excellent opportunity for an investor or owner-user to acquire an updated property with stabilized income from long-term tenants. The current cap rate w/ in-place below market rent is 5.30%. Cap rate increases to over 8% once 3 small available suites are leased. Please don't disturb current tenants.
2 weeks ago | Listing updated with changes from the MLS® | |
2 weeks ago | Listing first seen on site |
Listing courtesy of Lauren Hendricks of Windermere Real Estate Midtown
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Based on Information submitted to the MLS Grid as of: 2024-10-29 05:00 PM PDT
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