Situated on a prominent corner in a pedestrian-oriented and transit-served retail corridor in Capitol Hill's Pike/Pine neighborhood, the Broadway State Building is a NNN leased property featuring 100% occupancy and a 6%+ current cap rate offered under $2M and approximately $500 per net rental square foot. The property features a perfect "Walker's Paradise". Walk score of 100 and is less than a mile from downtown and the Seattle Convention Center and within a 5 minute walk of Seattle Central College, Seattle University and many of Capitol' Hills employers and office spaces. The site offers +110 feet of frontage on E Pike/Broadway E and benefits from daily traffic counts of more than 10,350 vehicles heading in all directions.
Listed by:
Kidder Mathews