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Mixed-Use

15409 1st Ave S

15409 1st Ave S, Burien, WA 98148

Listing Price: Request For Offer

Gross SF
7,384
Rentable SF
7,120
Lot Size
0.31 acres
Year Built
1964

Investment Overview

This property at 15409 1st Ave S, Burien Washington is situated at the corner of 1st Ave South and 154th. The 7,384 sf building has enjoyed being fully occupied with all of the tenants being there a minimum of 5 years. No vacancies and long term tenant occupancies can give an investor some flexibility to increase revenues and a hedge against inflation. With a mix of longer and shorter term leases, this property provides both immediate cash flow and potential upside for the investor.

Investment Highlights

  • 100% occupied with six tenants that have had long term occupancies.
  • Situated on the corner of 154th and 1st Ave South in Burien with lots of both vehicle and foot traffic .
  • 6 tenants with staggered lease expiration dates provide opportunity to increase income by bringing rents up to market rate .

Exclusively Listed By

Financing By

  • Tammy Linden

    First Vice President Capital Markets

    Direct:

    Email Tammy

    Seattle, WA

Mixed-Use

15409 1st Ave S

Listing Price: Request For Offer

Gross SF
7,384
Rentable SF
7,120
Lot Size
0.31 acres
Year Built
1964

Investment Highlights

  • 100% occupied with six tenants that have had long term occupancies.
  • Situated on the corner of 154th and 1st Ave South in Burien with lots of both vehicle and foot traffic .
  • 6 tenants with staggered lease expiration dates provide opportunity to increase income by bringing rents up to market rate .

Investment Overview

This property at 15409 1st Ave S, Burien Washington is situated at the corner of 1st Ave South and 154th. The 7,384 sf building has enjoyed being fully occupied with all of the tenants being there a minimum of 5 years. No vacancies and long term tenant occupancies can give an investor some flexibility to increase revenues and a hedge against inflation. With a mix of longer and shorter term leases, this property provides both immediate cash flow and potential upside for the investor.

Exclusively Listed By

Financing By

  • Tammy Linden

    First Vice President Capital Markets

    Direct:

    Email Tammy

    Seattle, WA

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