For Sale

KIRO Radio Properties

1820 Eastlake Ave E,
Seattle, WA 98102
Represented by
NAI Puget Sound Properties

Asset Snapshot

Community Center
Office Subtype
1960
Year Built
2
Floor Count
1
Building Count
0.48 Acres
Land Area

Offering Summary

Investment Overview

1820 Eastlake Ave E is a 100% leased, single-tenant covered land play in Seattle’s Eastlake / South Lake Union. The Offering caters to passive investors who will benefit from in-place cash flow with minimal management, or active investors/developers who want an A+ development site. The property is anchored by a strong credit tenant with attractive zoning and a massing study for up to approximately 184 residential units (C1-55 (M) zoning).


Investment Highlights

  • 34,110 SF Building + Parking Lot
  • Existing 100% Leased Office Building, Redevelopment 2 Parcel Site Opportunity
  • 5-Star Credit Tenant
  • NNN Income while Planning to Redevelop
  • Irreplaceable A+ Location
  • Multi-Family Growth Corridor
  • Total Combined Land: 33,470 SF (.76 Acres)
  • C1-55 (M) zoning for a 55' height limit; massing study available.
  • Offer Price: $16,735,000

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Listing Syndicated From

Buildout
Accepting Offers
$16,735,000
Asking Price

Investment Sales Broker

Chris O’Connor
NAI Puget Sound Properties

Market Insights