Land

Ballard Land Site

NW 49th Street & 8th Avenue NW Seattle, WA United States 98101
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

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Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Attributes

Building Area
Land Area ()

Property Description

While zoning is very conducive to industrial product, Office and Retail developments are becoming increasingly popular in the Ballard submarket, as commercial owners and tenants seek more affordable rents and prices (no industrial deliveries in 10 years); however, upcoming supply is limited with just 2 commercial assets proposed or under construction. 

Investment Highlights

As office tenants continue to migrate from downtown Seattle in search of more affordable prices and rents, the Ballard/University District submarket has seen strong improvements in rent growth & occupancy for Office and Retail product.

Last Updated Date: 14 Jan 2021
Corey Marx
Corey Marx
Senior Managing Director
+34910602617
David Young
David Young
Senior Managing Director, Capital Markets
+34910602617
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Last Updated Date: 14 Jan 2021

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