14900 Whitman Ave N
Seattle WA 98133
West Coast Industries Building - 14900 Whitman Ave N
14900 Whitman Ave N Seattle WA 98133
Listing #: 680278 | Status: Pending | Last Modified: 5/6/2024 |
For Sale
- Phone:(206) 999-9161
- Email:laurenhendricks@windermere.com
- Office Name:Windermere-Midtown Commercial
- Office Phone:(206) 446-6400
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 2,200,000.0
- $/SF$ 256.1
- Listing StatusPending
- Days on Market30
- Asset ClassIndustrial
- Terms
- Investment Type
- Investment PropYes
- Gross Income161,610
- Vacancy Factor %0.00%
- Operating Expenses20,922
- Net Operating Income140,688
- CAP Rate 6.40 %
- Min Total SF0
- Max Total SF0
- Lease Rate Low$ 00.0
- Lease Rate High$ 00.0
- Heat Source
- Total Units
- Water
- Electricity
- Storm Sewer
- SignageSignage on Building and Freestanding
- Anchor
- Dock High Doors
- Semi-Dock Doors
- Grade Level Door Count2
- Crane Count
- Building StatusExisting
- # of Buildings2
- # of Floors1
- # of Units
- # of Elevators0
- Clearance Height Min18
- Clearance Height Max
- Bay Depth
- Total Building SF8591
- Net Rentable Area8591
- Total Office SF2423
- Largest Contiguous SF
- Lot SF21998
- Acres0.51
- Property TypeIndustrial
- Office Type
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaN. Seattle
- Tax ID #2827100015
- Additional Parcels
- ZoningMB
- # Covered Spaces0
- # Uncovered Spaces14
- Total Parking Spots14
- Parking Ratio
- Year Built1970
- Year Renovated1999
- Completion Date
- Roof Type
- Construction Type
West Coast Industries - 14900 Whitman Ave N
Single-tenant NNN leased warehouse property on a 22,018 SF lot zoned Mixed Business (MB). The happy long-term tenant occupies both buildings on-site and has a NNN lease through May 31, 2028. Both buildings feature clear span warehouses with 18' ceiling height, heavy power, grade-level loading doors, private offices, private restrooms and additional storage. Fenced lot with 14 on-site parking spaces and conveniently located just one block West of Highway 99. Flexible MB zoning allows for a variety of uses including multi-family, single-family, retail, office, light manufacturing, warehousing, etc. Excellent hands-off investment. Tenant's base rent effective 6/1/24 is $11,724/Month with 3% annual increases. Please don't disturb Tenant.
