1501 O St
Auburn WA 98001
1501 O Street
1501 O St Auburn WA 98001
Listing #: 678831 | Status: Available | Last Modified: 4/9/2024 |
For Sale
- Phone:(503) 998-6572
- Email:kadatto@northmarq.com
- Office Name:Northmarq Commercial, LLC
- Office Phone:(425) 454-8699
- Office Website:
- Call Listing AgentNo
- Use DiscretionNo
- Listing Price$ 8,604,190.0
- Listing StatusAvailable
- Days on Market47
- Asset ClassOffice
- Terms
- 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
- Building StatusProposed
- # of Buildings0
- # of Floors
- # of Units
- # of Elevators
- Clearance Height Min
- Clearance Height Max
- Bay Depth
- Total Building SF
- Net Rentable Area
- Total Office SF
- Largest Contiguous SF
- Lot SF54494
- Acres1.25
- Property TypeOffice
- Office TypeMedical/Dental
- Building Class
- CountyKing
- Vicinity
- Location Description
- Second Address
- Cross Street
- Market AreaAuburn
- Tax ID #0301500280
- Additional Parcels
- ZoningC3
1501 O St
- Dense Retail Corridor - Immediately south of the Outlet Collection Seattle - No Early Termination or Kick-Out Clause - During initial term and any exercised options - Leading Operator - DaVita is one of the largest kidney care companies in the US-2,724 outpatient clinics in 46 states; 199,400 patients - Strong Guarantee - $11.61 billion in revenue, $547 million in net income, Moody's: Ba3, S&P: BB Income Tax-Free State - Growing Industry - 562,000+ ESRD dialysis patients in US (3.0% CAGR 2010-2020) - Insulated from Macroeconomic Changes - +/-90% of DaVita, Inc.'s total dialysis patients were covered under some form of government-based program - Long-Term, Passive Lease - 15-year lease with highly passive rental income, net lease structure, minimal landlord responsibilities - Top MSA - Se