5440 Leary Ave NW Unit C-1, Seattle, WA 98107
- $1,995,000
Listing courtesy of City Brokers Real Estate LLC.
- List Price
- $1,995,000
- Status
- ACTIVE
- MLS#
- 1644819
- Price Change
- ▼ $242,000 1609903586
- Days on Market
- 201
Property Description
Great NNN Opportunity in Downtown Ballard! Modern commercial condo in newer (2007) building. Corner retail site with 2 street frontage! Solid single tenant user with more than 6 years remaining on lease; up to 10 year extension. Property includes 10 dedicated parking spaces. Net Operating Income currently $89,469/year (4.48 Cap Rate); increases to approximately $114,669/year in June of 2022.
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Additional Information
- Community
- Ballard
- Property Type
- COMI
- Building Condition
- ['Good']
- Style
- 75 - Retail
- Year Built
- 2007
- Exterior
- Brick, Wood Products
- Roof
- Torch Down
- Annual Taxes
- $16,357
- Tax Year
- 2020
- HOA Dues
- $1,129
- Potential Terms
- Cash Out
- ENS
- Electric
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