Overview

Highlights

• Value-Add Opportunity
• Owner-User Opportunity
• Ground-Up Development
• Sale Leaseback Potential
• Accessible Location
• Evolving Neighborhood
• Strong Market Fundamentals

Description

3615 15th Ave W and 3635 Thorndyke Ave W, collectively known as Read Products Interbay (the “Property”). The two buildings total 72,606 square feet of warehouse and office space. 3615 15th Ave W is occupied by the Seller, and 3635 Thorndyke Ave W is fully occupied by tenants that are on month-to-month leases.

Location

Situated where 15th Ave W and Thorndyke Ave W converge with W Nickerson St and Emerson St, the Property benefits from its location in the center of Interbay, Magnolia, Queen Anne and Ballard. The two parcels total 3.06 acres of land zoned UI U/45, which would allow for the development of 399,732 square feet.

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