4241 21st Avenue W Seattle, WA 98199
Listing courtesy of Lauren Hendricks of Windermere Real Estate Midtown
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
96% leased remodeled office building with ample off-street parking. This 4-story office building features a secured lobby entrance, 23+ off-street parking spaces, building conference room, shower facility, hospital grade HEPA filtration system and incredible views of the Ship Canal and Fisherman's Terminal from every floor. Great location close to Vertical World Climbing Gym, Discovery Park, and many great restaurants and breweries. This is an excellent opportunity for an investor or owner-user to acquire an updated property with stabilized income from long-term tenants. The current cap rate w/ in-place below market rent is 5.30%. Cap rate increases to over 8% once 3 small available suites are leased. Please don't disturb current tenants.
| 4 months ago | Status changed to Active | |
| 4 months ago | Listing first seen online | |
| 4 months ago | Listing updated with changes from the MLS® |
Listing courtesy of Lauren Hendricks of Windermere Real Estate Midtown
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Based on Information submitted to the MLS Grid as of: 2024-10-17 05:00 PM PDT
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