$3,890,000
Carstar
Listing Type: For Sale
Property Type: Industrial
Status: Available
CBA ID#: 673926
Property Type: Industrial
Status: Available
CBA ID#: 673926
Marketing Description:
The Vara Group is pleased to present the investment sale offeringof the single-tenant Carstar located in the heart of the Ballardindustrial zone. Featuring two Light Industrial properties totaling13,055 RBA while strategically facing both Leary and Ballard Way,these corner lots provide ample visibility. This .56 Acre asset alsoincludes an additional parcel featuring 5,000 SF of off-street parkingand storage.The property is fully leased to Carstar Collision under a long-termpassive NNN lease agreement with annual increases, ensuring acombination of stability and a hedge against inflation. The locationof this core asset offers the savvy investor the opportunity topurchase a fully leased cash flowing asset on a prime cornerlocation in one of Seattle’s most popular and rapidly growLand Features:
- Lot Size: 24435 SqFt
- Lot Acreage: 0.56 Acres
- Zoning: IG2-U/65
Building Features:
- Building Size: 13055 SqFt
- Number of Floors: 1
- Cap Rate: 0.00%
- Year Built: 1988
This Listing Supplied Courtesy of Marcus & Millichap, Inc.
Information is based on data available to the associate, including county records.
The information has not been verified by the associate and should be verified by the buyer.
The information has not been verified by the associate and should be verified by the buyer.
Properties with the CBA logo are listed by the Commercial Brokers Association
The associate of this site is not a multiple listing service but is a member of a local MLS.
