Will Co-Broke
3404 NE 55th St Commercial Retail Building
Commercial real estate listings in 5963 Corson Avenue South, Seattle, WA, USA
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Listing was updated on: 01/26/2023
location icon 3404 NE 55th St Commercial Retail Building, Seattle, WA, US
Retail for Sale
from January 26, 2023
Description

Location
Great opportunity to own in a prime location in one of Seattle's nicest neighborhoods, close proximity to University Village.

Sale
Beautiful classic in row retail building, close to other retail, close to a corner. Three tenants that have been there a long time. 3 year leases. New owner can raise rent to market lease rate and change from gross to triple net. Please do not disturb the tenants. Contact for more information.
Please find flyer attached. The 3 leases are no longer NNN and should be and they are all under market rents:
Restaurant: $2,900
Beauty shop: $1,600
Wine tasting: $1,800
Total yearly: $75,600
Leases are 3 years usually and 2 are up for renewal.
Total SF 2800
there is a garage in the back with 2 separate 1 car spaces.

Additional parameters

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