White Center Retail
$1,200,000
9615 - 9629 15th Ave SW, Seattle, WA 98106
For Sale
Retail
Active
Last Updated: 08/28/2025
7.5
Cap Rate
5,600 sqft
Building Size
Details:
Cap Rate: 7.5%
Building Size: 5,600 sqft
Lot Area: 0.27 acres
Year Built: 1960
Zoning: CB
MlsNumber: 43194334
Floors: 1
Description:
Owner/User or Investment Opportunity for sale in the heart of White Center just off Roxbury Street. This 5,600 SF retail building offers flexibility for both investors and owner-users. The property is currently configured with four suites, fully leased on a month-to-month basis to a Mexican Deli Restaurant. The tenant is prepared to sign a new 5-year lease with a 5-year option, starting at $16/SF + NNN with 3% annual escalations, providing a 7.5% cap rate at stabilization. Located in the thriving White Center business district with excellent freeway access, this property offers stable income potential and strong long-term growth.
Documents:
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Location
Gallery
