1553 Leary Way Seattle, WA 98107 – Carstar
1553,Ā Leary Way, Seattle,Ā WA Ā 98107For Sale
Carstar (Status: Available) 3890000
1553,Ā Leary Way, Seattle,Ā WA Ā 98107
The Vara Group is pleased to present the investment sale offeringof the single-tenant Carstar located in the heart of the Ballardindustrial zone. Featuring two Light Industrial properties totaling13,055 RBA while strategically facing both Leary and Ballard Way,these corner lots provide ample visibility. This .56 Acre asset alsoincludes an additional parcel featuring 5,000 SF of off-street parkingand storage.The property is fully leased to Carstar Collision under a long-termpassive NNN lease agreement with annual increases, ensuring acombination of stability and a hedge against inflation. The locationof this core asset offers the savvy investor the opportunity topurchase a fully leased cash flowing asset on a prime cornerlocation in one of Seattleās most popular and rapidly grow
Listing Details
Asset Class: Industrial
Year Built: 1988
Building Total Square Feet: 13055
Available Lease Space Square Feet:
Number of Floors: 1
Total Parking Spaces: 0
Local Zoning Information: IG2-U/65
Listing Courtesy of: Marcus & Millichap, Inc.
Disclaimer: The information contained in this listing has not been verified by Pacific Continental Realty, LLC and should be verified by the tenant or buyer.
Similar listings
624 S Lander Street
624,Ā Lander St, Seattle,Ā WA Ā 98134- Available SQ. FT. 8420
- Building SQ. FT. 129420
- Cap Rate:
- LOT SQ. FT. 90169
- Year Built: 1951
- CBA #: 678079
12714 Aurora Avenue N
12714,Ā Aurora Ave, Seattle,Ā WA Ā 98133- Available SQ. FT. 7456
- Building SQ. FT. 7456
- Cap Rate:
- LOT SQ. FT. 12197
- Year Built: 1948
- CBA #: 681130
Elliott Mercer
652,Ā Elliott Ave, Seattle,Ā WA Ā 98119- Available SQ. FT. 6000
- Building SQ. FT. 6000
- Cap Rate:
- LOT SQ. FT. 9148
- Year Built: 1944
- CBA #: 664079