Provided by NWMLS, Listed by Windermere Real Estate Midtown
Active
4312 SW Admiral Way
Seattle WA, 98116
$1,550,000
Active
Commercial
Built in 1969
Long-term tenant 7-11 Inc. has occupied this corner property in the Admiral Junction since 1968! Single tenant has an Absolute Net Lease with an annual base rent of $25,200 until 2/1/2025. Tenant has two 5-year options to extend with 1st option term Base Rent fixed at $25,410 and 2nd option term at fair market rent. 8,973 SF corner lot with alley access zoned NC2P-55 (M). On a bus line and in a highly desirable neighborhood with the population projected to increase over 8% within 1 mile in the next 5 years. Great opportunity to own a hands-off investment property with a long-term stable tenant in a prime location.
2040159
MLSⓇ ID
March 2, 2023
Listed
November 7, 2023
Updated
Map
4312 SW Admiral Way
Seattle WA, 98116
Interior Features
Interior Features
Concrete
Floor Description
Concrete
Fireplace
No
Cooling
Yes
Cooling Description
Forced Air
Heating
Yes
Heating Description
Forced Air
Exterior/Building Features
Lot Size
0.21 acres
Exterior Features
Brick
Architectual Style
Unspecified
Roof
Flat
Sewer
Sewer Connected
Other Property Details
Area Name
140 - West Seattle
Taxes
$14,100
Tax Frequency
Annually
Garage
No
Parking
No
Parking Total
12
View
No
County
King
Water Source
Public
Pool
No
The IDX display contains information sourced from the Northwest Multiple Listing Service as of 11/7/2023. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 11/7/2023 at 5:57 AM UTC