Compare Listings

The Leary Building

3901, Leary Way, Seattle, WA 98107
$1,850,000

Description

The Leary Building (Status: Pending)

3901, Leary Way, Seattle, WA  98107

First time on the market in over 37 years, Paragon Real Estate Advisors is proud to present the “Leary Building”. Rare opportunity to own a well maintained income producing property located in the popular and very walkable Fremont neighborhood. This one of a kind diversified 9-tenant office/retail building is well positioned on a high visibility section of Leary Way NW. This property’s current rents are very attractive for the market area allowing significant upside as spaces turn and tenants are put on traditional NNN leases similar to nearby competing properties. With an achievable market cap of 7.02%, $240 per building sq.ft., this opportunity won’t last long. The Leary Building is a low management intensive property and would be a great purchase for either an owner user or an investor

Listing Details

Asset Class: Retail
Year Built: 1980
Building Total Square Feet: 7700
Available Lease Space Square Feet:
Number of Floors: 2
Total Parking Spaces: 0
Local Zoning Information: IBU45

CBA

Listing Courtesy of: Paragon Real Estate Advisors

Disclaimer: The information contained in this listing has not been verified by Windermere Real Estate/Whatcom, Inc. and should be verified by the buyer.

  • Address: 3901, Leary Way, Seattle, WA 98107
  • City: Seattle
  • State/county: WA
  • Zip/Postal Code: 98107
  • Neighborhood: Fremont/Ballard
  • Country: United States

Detail

Updated on January 25, 2022 at 8:42 pm

  • Property ID: 646525
  • Price: $1,850,000.00/For Sale
  • Property Size: 7700 Sq Ft
  • Property Type: Retail
  • Property Status: Pending

Contact info

Windermere Commercial
Windermere Commercial
360-676-5900

Enquire about this property