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Evergreen Bldg 18021-18023 15th Ave NE

4,872 SF 100% Leased Office Building Shoreline, WA 98155 $5,026,717 CAD ($1,032 CAD/SF) 5.24% Cap Rate

Office Space Washington Shoreline 18021-18023 15th Ave NE, Shoreline, WA 98155

Investment Highlights

  • Heavy Traffic area
  • Very low vacancy rate
  • Class A building in Shoreline. Rare

Executive Summary

Current Lease Terms:
Suite 201 Physical Therapy 8/31/25
Suite 101 VACANT
Suite 100 Optometry 8/31/25
Suite 200 Chiropractic 12/31/27

Attachments

Evergreen Building Flyer

Property Facts

Sale Type
Investment NNN
Property Type
Office
Building Size
4,872 SF
Building Class
C
Year Built
1974
Price
$5,026,717 CAD
Price Per SF
$1,032 CAD
Cap Rate
5.24%
NOI
$263,518 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,436 SF
Building FAR
0.59
Lot Size
0.19 AC
Zoning
BC, Shoreline - Commercial Business
Parking
16 Spaces (3.28 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
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PROPERTY TAXES

Parcel Number 616390-0593 Improvements Assessment $92,180 CAD
Land Assessment $651,025 CAD Total Assessment $743,205 CAD

PROPERTY TAXES

Parcel Number
616390-0593
Land Assessment
$651,025 CAD
Improvements Assessment
$92,180 CAD
Total Assessment
$743,205 CAD
(425) 272-5755

Contact

  • John Tong
    John Tong
  • John Tong

  • Listing ID: 27461676

  • Date on Market: 2023-01-07

  • Last Updated:

  • Address: 18021-18023 15th Ave NE, Shoreline, WA 98155

The Office Property at 18021-18023 15th Ave NE, Shoreline, WA 98155 is currently available for sale. Contact John Tong for more information.

Office PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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18021-18023 15th Ave NE, Shoreline, WA for sale Building Photo- Image 1 of 16
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18021-18023 15th Ave NE, Shoreline, WA for sale Building Photo- Image 4 of 16
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18021-18023 15th Ave NE, Shoreline, WA for sale Plat Map- Image 5 of 16
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Evergreen Bldg | 18021-18023 15th Ave NE
(425) 272-5755 x

Evergreen Bldg | 18021-18023 15th Ave NE

John Tong

(425) 272-5755

(425) 272-5755

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