Description
Great NNN Opportunity in Downtown Ballard! Modern commercial condo in newer (2007) building. Corner retail site with 2 street frontage! Solid single tenant user with more than 6 years remaining on lease; up to 10 year extension. Property includes 10 dedicated parking spaces. Net Operating Income currently $89,469/year (4.48 Cap Rate); increases to approximately $114,669/year in June of 2022.
-
0BEDS
-
N/AACRES
-
0BATHS
-
01/2 BATHS
School Ratings & Info
Listing Courtesy of City Brokers Real Estate Llc.Description
Great NNN Opportunity in Downtown Ballard! Modern commercial condo in newer (2007) building. Corner retail site with 2 street frontage! Solid single tenant user with more than 6 years remaining on lease; up to 10 year extension. Property includes 10 dedicated parking spaces. Net Operating Income currently $89,469/year (4.48 Cap Rate); increases to approximately $114,669/year in June of 2022.
The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than Keller Williams Western Realty are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. Data last updated 2021-01-15T12:14:21.13.