LISTING DETAILS

Interbay Retail Center

1550 - 1700W Armory Way Seattle WA 98119

Listing #: 707698 | Status: Available | Last Modified: 7/3/2026

Showing Instructions
Call Listing AgentNo
Use DiscretionNo
Investment Information
Investment PropYes
Gross Income0
Vacancy Factor %0.00%
Operating Expenses0
Net Operating Income0
CAP Rate6.09 %
Detail Listing Information
Min Total SF0 SF
Max Total SF0 SF
Lease Rate Low$ 0.00
Lease Rate High$ 0.00
Retail Information
SignageSignage on Building and Freestanding
Retail Asset Class Info
Crane Tonnage0
Building Information
Building StatusExisting
# of Buildings4
# of Floors2
A/CYes
Total Building SF98,976 SF
Net Rentable Area111,960 SF
Total Office SF12,984 SF
Largest Contiguous SF0 SF
Lot SF257,004 SF
Acres5.9
Year Built2016
Year Renovated2019
SprinklersYes
Construction TypeConcrete
Property Type
Property TypeRetail
InvestmentYes
Location
CountyKing
VicinityInterbay
Location DescriptionInterbay - Across from Whole Foods
Cross Street15th Ave W
Market AreaQueen Anne/Magnolia
Tax ID #2771600910
ZoningII U/85

Interbay Retail Center

Public Comments

Interbay Retail Center is a ±100,000 SF institutional-quality retail center located in Seattle's highly desirable Interbay submarket. Constructed between 2016 and 2019, the property is 100% leased to a diversified roster of nationally recognized retailers and service providers including HomeGoods, Michaels, Total Wine, Bright Horizons, and ZoomCare. The offering provides investors with durable in-place cash flow, modern construction, and an irreplaceable urban infill location less than five miles from Downtown Seattle. -100% leased to national credit tenants including Michaels, HomeGoods, Total Wine, Bright Horizons, and ZoomCare, providing durable, diversified income. -4.2-year weighted average lease term (WALT) with significant embedded renewal optionality across major anchors. -Long-term lease visibility with ~15 years of renewal options across Michaels, HomeGoods, and Total Wine, plus ~8 years remaining on Bright Horizons. -Recent tenant commitment and stability highlighted by ZoomCare’s exercised 5-year renewal option in 2025. -Four-parcel configuration with future parcelization optionality -Core Seattle infill location less than 5 miles from Downtown with immediate SR-99 and I-5 access, modern 2016–2019 construction, and limited near-term capex.

Search Tags

Drive-Thru, Mixed-Use, Pad(s), Restaurant, Showroom, Strip Mall, Salon/Spa, Big Box, Bank, Bar/Tavern/Night Club

Interbay Retail Center
1550 - 1700W Armory Way Seattle WA 98119

Listing #: 707698 | Status: Available | Listing Date: 1/28/2026 | Last Modified: 7/3/2026 | Email Listing

For Sale

Interbay Retail Center

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